Dimensions of Entrepreneurial Character: Evidence from Indonesia
TUBAGUS ALI RACHMAN PUJA KESUMA1, WARDANI1, ATIK PURWASIH1, WELLFARINA
HAMER1, ANITA LISDIANA1, TUSRIYANTO1, KARSIWAN1, RIDWAN2, DERI CICIRIA3, M.
ARIFKI ZAINARO4, USASTIAWATY C.A.S ISNAINY4, ADE MULYANAH5, ALBET
MAYDIANTORO6, EDY IRAWAN7, YUNISCA NURMALISA8
1Department of Social Science Educations, Institut Agama Islam Negeri Metro, Metro City, INDONESIA
2SMP Negeri 3 Way Pengubuan, Central Lampung Regency, INDONESIA
3Department of History Educations, STKIP PGRI Bandar Lampung, Bandar Lampung City, INDONESIA
4Department of Nursing Management, Universitas Malahayati, Bandar Lampung City, INDONESIA
5The Research Center of Language, Literature, and Community National Research and Innovation Agency
(BRIN), Jakarta Pusat, INDONESIA
6Department of Economic Educations, University of Lampung, Bandar Lampung City, INDONESIA
7Department of Counseling Educations, Pringsewu University, Pringsewu Regency, INDONESIA
8Department of Civic Educations, University of Lampung, Bandar Lampung City, INDONESIA
Abstract: - Entrepreneurship education is to be a solution to the unemployment problem. Entrepreneurial
character is for someone to act as an entrepreneur. The purpose of this study is to evaluate the instrument of
entrepreneurship character among students from various universities in Indonesia who adopt entrepreneurship
education in the curriculum. The research focused on the operational process of entrepreneurial characteristics
of 23 dimensions. The subjects of this study were 357 undergraduate students attending entrepreneurship
education. Psychometry is the research method, and SPSS and AMOS-assisted factor analysis to analyze the
results. The results showed that there was one indicator (Kbtp 10) that dropped in the factor analysis because it
did not meet the requirements (0.486 < 0.5). For EFA calculation, two (2) dimensions dropped because they
were accommodated in other dimensions/indicators and did not meet the calculation requirements. In the end,
five (5) new dimensions represent the existing 23 dimensions of entrepreneurial character.
Keywords: - Dimensions, Entrepreneurship Character, and Psychometry.
Received: March 27, 2022. Revised: December 23, 2022. Accepted: January 14, 2023. Published: February 28, 2023.
1 Introduction
The problem of unemployment is part of the world's
attention that affects the achievement of sustainable
development as stated in the Sustainable
Development Goals (SDGs) as aspired by the
United Nations in 2030. Unemployment has the
potential to hinder 17 (seventeen) issues that are the
main goals of the SDGs, and at least 6 (six) issues
are directly related. The six problems include
eradicating poverty, ending hunger, quality
education, decent work, economic growth, reducing
inequality, and responsible consumption and
production. This research aims (1) to describe the
importance of the instruments. (2) to expose the
entrepreneurial character instruments that are
relevant in Indonesian universities.
In Indonesia, the opportunity for university
graduates to work outside the scientific field is quite
open. Therefore, entrepreneurship education is
needed, the process needs to maximize, and its
success is measured appropriately [1], [2]. Several
universities in Indonesia have presented
entrepreneurship courses. Currently,
entrepreneurship education is into learning in the
“Merdeka Belajar-Kampus Merdeka” (MBKM)
curriculum, by giving students the right to be
independent in learning in Indonesian universities,
as well as opening up space for the involvement of
various parties [3]. The process to produce what
Freire termed conscientization, namely the
developing awareness between educators and
students from magical and naive understanding to
critical attention [4]. However, entrepreneurship
education in Indonesian universities does not yet
have a transparent model [5]. At least first, the
measurement of the success of entrepreneurship
education in various universities has not been
optimal. Second, the competence of university
graduates has not fully met the expectations of the
job market. Third, graduates have not been equipped
with life skills, adapted and socialized with the work
environment and long life education [6], to data that
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university graduates contribute to the
unemployment rate reaching 12.49% [7], [8].
Unfortunately, questionnaires that can reveal real
needs are still rare. For this purpose, this research
was conducted. Currently, measuring the success of
entrepreneurship education in Indonesian
universities has not been able to evaluate the success
achieved by students. The measuring success of
entrepreneurship education that is carried out places
more emphasis on book-smart and street-smart.
With a pattern like this, the efforts to encourage the
birth of an entrepreneurial spirit through formal
education ultimately succeed indirectly. Silberman's
opinion is that the first source of failure of an
entrepreneur is because he relies more on formal
education but lacks field experience. Therefore, the
combination of education and experience is the
main factor that determines entrepreneurial success
[9]. Measurement pattern causes the reactionary
entrepreneurship lecture in an in-depth study, so,
naturally, university graduates contribute to a
significant unemployment rate. Entrepreneurship
lectures are on studies. The formation of
entrepreneurial character is not measured correctly.
However, in Indonesian universities, the instrument
of entrepreneurial qualities has not yet been
developed as one of the formations. Thus, the study
of the entrepreneurial character instrument is
important. This research contributes to the
awareness to test and retest and that not all
instruments can apply anywhere and presents a new
questionnaire with Indonesian characteristics.
1.1 Identification of Problems
To measure the success of entrepreneurship is to get
student entrepreneurship. Several relevant studies on
instruments for measuring the success of
entrepreneurship learning have developed. Based on
these various literature studies, researchers are
interested in developing the instrument's
entrepreneurial character. This instrument is unique
because it measures the success of entrepreneurship
education through an evaluation of the
entrepreneurial personality that is formed [10]. The
researchers' interest first is the development of this
instrument in educational institutions; Second, the
similarity of socio-cultural diversity; Third, the
equality of the socio-economic development, as
seen from GDP growth; and recognition of gender
and religion [11]-[13].
However, the instrument contains several
weaknesses in measuring the success of
entrepreneurship learning in Indonesian universities.
First, the scope of the area in developing the
measurement of entrepreneurial character is still too
narrow the instrument needs to be replicated more
widely by involving subjects from different
backgrounds (socio-economic, socio-cultural, socio-
political). Second, demographic and sociocultural
factors provide their characteristics in
entrepreneurial character [14]. Third, there are still
overlapping dimensions and indicators of the
entrepreneurial character instrument, while each
claims its reliability in predicting entrepreneurial
success. The claim has opened up opportunities for
researchers to develop for measuring entrepreneurial
character that accommodates various uniqueness in
Indonesia.
1.2 Problem Formulation
Entrepreneurship learning is an important
mechanism to be developed in universities as an
effective and efficient effort to reduce the number of
educated unemployed, in line with the human
capital theory that mainstreams individual
productivity. Entrepreneurial character is a factor of
unique productivity, so measurement becomes to
achieve the success of relevant entrepreneurship
learning because it is considered a determinant of
entrepreneurial behavior tendencies.
The instrumental operational process of the
concept of entrepreneurial characteristics [10], [15]-
[18] is developing in various countries while
demographic and socio-cultural factors provide their
peculiarities. Therefore, the instrument through
adapted a series of psychometric processes. This
study answered the following research questions: (1)
Has there been a repositioning of the dimensions of
the entrepreneurial character instrument after the
revaluation? (2) What dimensions of entrepreneurial
character are relevant in Indonesian universities?
2 Literature Review
2.1 Entrepreneurship in Higher Education
Many countries, including Indonesia, continue to
strive for unemployment alleviation through various
methods. These methods include knowledge,
attitudes, and skills. First, learning integrates public
policy with inter-connected studies, which include
theory and practice [19]. Second, the training
provides as per the interests and talents of students
by emphasizing fostering basic academic skills,
entrepreneurship, knowledge of entrepreneurship,
and managing social entrepreneurship [20]. Third,
practical experience in the field by apprenticed
students to existing entrepreneurs [21]-[24]. Fourth,
build an entrepreneurial ecosystem through the
institutional career development unit [25].
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The human capital theory considers education for
individual productivity to increase personal income
[26]. Therefore, entrepreneurship education
generates human capital. Human capital says that
the higher education a person has, the more
opportunity and may generate higher income [27].
So, entrepreneurial education must concern with
human capital. Human capital needs an
entrepreneurial character too.
Entrepreneurship education is not enterprise
education [28]. Therefore, entrepreneurship
education accommodates changes in social life,
cultural environment, the world of work, and
technological progress. The learning must also
involve various parties [29]. Entrepreneurship
education is to develop with diverse characteristics,
and its success must also be relevant.
2.2 Entrepreneurial Character
Entrepreneurs have unique characteristics, attitudes,
and values that encourage them and differentiate
them from others [10]. Entrepreneurship education
in universities in Indonesia must be interpreted as
education to build entrepreneurial character because
this is considered a determinant of the tendency to
become entrepreneurs [30]. This character is
relevant to the needs of students to succeed in life in
society, where the character factor is dominant in
supporting one's success [31].
The researchers identified that at least 23
dimensions represent the entrepreneurial character
variables and are needed to measure the success of
entrepreneurship learning.
Table 1. The Concept of Entrepreneurial Character
Variable
Dimension
Entrepren
eurial
Characteri
stic
Commitment
Clearness of purpose
Perseverance
Need for Achievement
Opportunity oriented
Initiative
Responsibility
Persistence in Solving the Problem
Seeking feedback
Locus of control
Tolerance for ambiguity
Risk-taking propensity
Integrity
Reliability
Tolerance for failure
High Energy Level
Creativity
Innovativeness
Vision
Self Confidence
Optimism
Independent
Team building
Source: [10, 15-18]
The dimensions of entrepreneurial character
relate to individual students. The assumption is that
entrepreneurs' measurements have orientations and
values that create incentives that distinguish them
from others [32]. These characteristics influence the
intention to start and succeed in entrepreneurship
[33]-[35]. Certain personality traits can influence
the decision to engage in entrepreneurial ventures
and vary according to the socio-economic and
cultural makeup of different regions and countries
[36].
2.3 Development of Entrepreneurial
Character Measurement Instruments
Adaptation test refers to a series of psychometric
studies to adapt a test to the local culture, including
language translation. Adopting or translating the
text into the Indonesian language/culture is carried
out [37]. While the term 'test standardization' is the
uniformity of administering and scoring tests [38].
An instrument is said to be standardized if the
tester's words and actions, the tools/tools used in the
test, and the scoring rules have been determined
with certainty so that the scores collected at
different times and places can be comparable [39].
In other words, standardization concerns the
uniformity of procedures, and tests adapted to the
local culture, and adaptation to standardization
procedures must also be carried out, including
creating norms using standardized samples of local
people [40].
Psychological understanding and psychometric
methods can adapt to entrepreneurship research
[41], [42]. This study, it is to use psychometric
methods to create new dimensions and test their
constructs on entrepreneurial character variables
according to Indonesian characteristics. That is for
predicting entrepreneurial behavior in Indonesia.
Adaptation of psychological instruments is a
complex process that requires high methodological
rigor since there is no consensus in the literature on
the steps. Based on various considerations, the
researchers determined the cross-cultural adaptation
of the entrepreneurship character instrument,
including 1) instrument translation into the new
language, 2) synthesis of the translated versions, 3)
evaluation of the synthesized version by experts, 4)
evaluation by the target population, 5) back-
translation, 6) pilot study, 7) make a statistical
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analysis of the quality of the test and compare it
[37], [40],[43], [44].
3 Method
3.1 Participants
This research is descriptive, using the psychometric
method. Data using questionnaires were distributed
electronically with Google Forms with non-random
snowballs. This procedure was active for two
months, and students from various universities in
Indonesia who have taken/are taking
entrepreneurship courses are populated. After
eliminating those who showed behavior that was not
strict enough when responding to a questionnaire
measured by the attention control scale, the sample
in this study is 357 students spread across western,
central, and eastern parts of Indonesia. The
questionnaire used so far was tested
psychometrically by factor testing using SPSS V.23
software and for the exploratory factor analysis test
using Amos V.23.
Factor analysis is an extension of principal
component analysis. It is also used to identify a
relatively small number of factors that can be used
to explain a large number of interrelated variables.
So that the variables in one factor have a high
correlation, while the correlation with the variables
in other factors is relatively low. Each group of
variables represents a basic construct called a factor.
A transformation must be carried out on the loading
matrix to increase the power factors. The authors
use varimax methods to transform to rotate the
matrix. The results of this rotation will cause each
of the original variables to have a high correlation
with certain factors only so that each will be easier
to interpret.
While Factor analysis is a statistical method used
to explain the variability between observed variables
(manifest variables) or variables correlated with
numbers that describe the number of unobserved
variables called factors. EFA is used when research
is looking for a structure of a variable, or it is called
a data reduction method. EFA can trace correlations
based more on actual data than on theory. The
purpose of EFA is to reduce the number of variables
and detect the relationship between variables, to
classify variables.
3.2 Instruments
The questionnaire evaluates the 23 dimensions
identified from the literature most relevant to
characterizing entrepreneurship. The questionnaire
is according to a Likert-type format with five
answer categories (1 strongly disagree - 5 strongly
agree), in line with the well-established
psychometric literature showing that these answer
categories produce better psychometric indicators
[45]. The questionnaire was adapted from the
operational process of the concept of entrepreneurial
characteristics [10], [15]-[18] and showed
psychometric properties.
The use of an instrument sourced from a
different demographic cannot use as taken for
granted, so adaptation is necessary. The device has
twenty-three dimensions of entrepreneurial
character reformulated to the socio-cultural
characteristics of students in Indonesia. New items
are created and addressed directly to the research
sample. After a thorough literature review on these
dimensions, the analysis began with a collection of
57 statement items and evaluated by four experts in
the psychological assessment rate each item on a
scale of 1 to 10. Scores less than eight are rejected
or reformulated. After this first filter, 12 experts
(academics, entrepreneurs, humanists, and
psychologists) participate in measuring the
dimensions of entrepreneurial character. Item score
less than 9, on a scale of 1-10, revised. This
research evaluated the discrimination index and
exploratory factor analysis. After eliminating items
that did not meet the psychometric quality criteria,
the sub-dimensional consisted of 55 items with a 5
Likert scale with response categories. The aim is to
detect participants who respond to the evaluation
instrument randomly or haphazardly. The questions
are typed "must choose the option fully agree."
Participants who incorrectly to two or more items
were dropped. By this criterion, 74 participants were
from the study.
4 Results
4.1 Factorial Test with SPSS
The factor analysis technique assisted by the SPSS
version 25 application for grouped factors from the
entrepreneurial character variable and filter the
superior dimensions or most dominant in the study.
In other words, this technique groups the many or
overlapping dimensions into a new factor according
to the characteristics of the research subject. In
addition, the factor analysis can distinguish priority
variables based on existing rankings. The factor
analysis of the variable dimensions in this study is
as follows:
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4.1.1 Analysis Prerequisite Test
The first step of this test is based on the Kaiser-
Meyer-Olkin (KMO) test, the following output is
the results presented in Table 2.
Table 2. Feasibility Analysis Results of
Entrepreneurial Character Variables
Kaiser-Meyer-Olkin Measure of Sampling
Adequacy.
.967
Bartlett's Test of
Sphericity
Approx. Chi-Square
15083.023
Df
1596
Sig.
.000
Source: Data results, 2022
Based on the SPSS output in Table 2, the value
of Kaiser-Meyer-Olkin Measure of Sampling
Adequacy (KMO MSA) is 0.967> 0.50, and
Bartlett's Test of Sphericity at (Sig.) 0.000 <0.05.
The output is the first requirement. It tells us that the
analysis can be continued.
After the first requirement is gained, data
proceed with the second eligibility prerequisite test
for the entrepreneurial character variable by looking
at the Measures of Sampling Adequacy (MSA)
value on the anti-image correlation matrices. Based
on the SPSS output in Table 2, the letter code (a) is
the sign for MSA. The table above shows the MSA
value for all the variables studied is > 0.50. It
fulfilled the second requirement for proceeds to
factor analysis.
4.1.2 Factor Analysis
The value of the variable indicators is considered
capable of explaining the variable if it has an
extraction value greater than 0.5. Based on the SPSS
output in the table above, there is one indicator that
is not able to explain the entrepreneurial character
variable, namely the dimension "need for
achievement" indicators "desire to compete with
others" (Kbtp 10) because it has an extraction value
of 0.486 < 0.5. So based on this, the indicator "the
desire to compete with others" (Kbtp 10) is dropped
in this study.
Furthermore, to find out the value of each
component in the variable, the Total Variance
Explained table can be seen as illustrated in Table 3:
Table 3. Total Variance Explained Entrepreneurial
Character Variables
Com
pone
nt
Initial Eigenvalues
Extraction Sums of
Squared Loadings
Rotation Sums of
Squared Loadings
Total
% of
Vari
ance
Cumul
ative
%
Total
% of
Varia
nce
Cumu
lative
%
Total
% of
Varian
ce
Cum
ulati
ve %
1
25.27
6
45.1
35
45.135
25.276
45.13
5
45.13
5
8.019
14.31
9
14.3
19
2
2.930
5.23
3
50.368
2.930
5.233
50.36
8
6.382
11.39
6
25.7
16
3
2.454
4.38
3
54.751
2.454
4.383
54.75
1
6.266
11.18
9
36.9
04
4
1.492
2.66
4
57.414
1.492
2.664
57.41
4
5.904
10.54
2
47.4
46
5
1.304
2.32
8
59.743
1.304
2.328
59.74
3
5.708
10.19
2
57.6
39
6
1.156
2.06
4
61.807
1.156
2.064
61.80
7
1.909
3.409
61.0
48
7
1.062
1.89
6
63.703
1.062
1.896
63.70
3
1.300
2.321
63.3
69
8
1.019
1.82
0
65.523
1.019
1.820
65.52
3
1.206
2.154
65.5
23
Source: Data Analysis, 2022
There are 56 items whose values can represent
the entrepreneurial character variable. The analysis
that can explain variance in this study is to look at
the Initial Eigenvalues indicating the components
formed. Based on the output table of Total Variance
Explained, in the Initial Eigenvalues section, there
are components formed from 56 indicators
analyzed. Where the requirement is to be a
component, the Initial Eigenvalues must be greater
than 1. Table 3 tells us that 56 items become 8
components.
To find out the correlation value or the
relationship between each factor and the component,
you can see the component matrix as described in
Table 4:
Table 4. Component Matrix of Entrepreneurial
Character Variables
Component Matrix
Component
1
2
3
4
5
6
7
8
Itg2
.783
.153
-.085
-.078
-.075
.140
.026
-.003
Mnd2
.772
-.057
.026
-.206
-.071
-.079
.006
-.002
Pdr1
.768
-.195
.037
-.222
-.273
-.076
.059
-.093
Pdr2
.768
-.203
.031
-.300
-.180
-.139
.088
.016
Opt1
.763
-.227
.050
-.323
-.230
-.026
.058
-.037
Inv1
.758
-.125
.175
-.214
.020
.001
-.053
-.064
Itg1
.751
.234
.073
.034
-.115
.115
.032
-.040
Krt2
.750
.120
.045
-.138
.034
.098
-.117
.030
Inv2
.743
-.005
.208
-.010
-.019
.072
-.132
-.020
Kmr2
.736
.273
-.002
.049
-.120
.046
.069
-.052
Kmr1
.727
.232
.183
.200
-.042
-.133
-.118
.027
Tuk2
.723
.289
.138
.274
-.095
-.116
.129
.080
Tj1
.717
.118
-.150
.070
.063
-.051
-.218
-.047
Kmm1
.716
.269
-.240
.001
.128
.063
-.223
.079
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Cc2
.716
.008
.172
-.051
-.049
-.183
-.274
.024
Krt1
.714
-.236
.293
-.138
.070
.109
.050
-.046
Brtp2
.712
-.291
.218
.180
.082
-.042
-.060
-.010
Prk1
.712
-.256
.090
.162
.065
-.044
-.076
-.022
Mnd1
.711
.124
.097
-.129
-.202
-.167
-.098
.073
Tj2
.707
.218
-.191
.041
.155
.026
-.246
.050
Mbt1
.707
-.026
-.064
-.217
.061
-.288
-.066
.052
Kbtp11
.700
-.244
-.170
.008
.096
-.015
.103
-.249
Mbt2
.698
.174
.089
-.010
-.101
-.266
.112
.235
Mub1
.698
.367
-.217
.065
-.049
-.059
.034
-.019
Brtp1
.694
-.235
.088
.290
.079
-.088
-.107
-.102
Pd1
.690
.237
.009
.114
-.134
.116
.145
-.037
Bk1
.686
.243
-.191
-.178
-.028
.250
.008
.032
Cc1
.685
-.233
-.085
-.166
-.130
-.031
-.041
.082
Kggn1
.685
-.349
-.002
.131
.008
.159
-.142
.014
Kmm2
.682
.342
-.212
.126
-.144
.039
-.040
.043
Bk3
.675
.108
-.024
-.206
.053
.215
.220
-.079
Kggn2
.674
-.359
-.108
.003
-.041
.266
-.041
-.095
Kbtp9
.672
-.317
-.067
.115
.048
-.019
.173
.094
Pd2
.668
.286
-.057
.223
-.038
-.093
.128
-.119
Kbtp7
.665
-.180
-.231
-.126
.117
-.279
-.025
.226
Mub2
.663
.285
-.263
.088
-.032
.035
.202
.041
Kbtp5
.662
-.117
-.274
-.201
.098
-.122
.017
.022
Tlrg1
.656
.255
.349
-.171
.070
.077
.001
-.005
Prk2
.655
-.196
.268
.311
.110
-.119
-.069
-.012
Tlrg2
.649
.188
.096
-.205
-.081
.224
.029
.012
Knd1
.649
.243
.443
.115
.126
.190
-.079
-.049
Kbtp8
.645
.003
-.336
.054
.077
.029
-.003
.021
Tuk1
.631
.305
-.066
.293
-.053
-.131
.246
.198
Kbtp1
.625
.019
-.413
-.027
.094
.177
-.243
-.069
Tjn2
.625
-.343
.094
.238
-.003
.039
-.211
.127
Kbtp2
.619
.075
-.476
.041
.081
.127
.011
-.115
Tjn1
.617
-.433
-.148
.188
-.115
.132
.021
.114
Kbtp6
.614
-.193
-.078
-.149
.213
-.117
.072
.346
Kmtn1
.599
-.346
-.109
.185
-.185
.154
.202
.057
Kmtn2
.597
-.345
.092
.225
-.044
.130
.242
.134
Knd2
.562
.208
.421
-.036
.157
.067
-.234
-.014
Kbtp3
.553
-.153
-.170
.003
.233
-.040
.075
-.479
Bk2
.523
-.013
.417
-.032
.222
.015
.297
-.157
Opt2
.488
.146
.344
-.020
-.141
-.229
.065
-.312
Bk4
.194
.102
.280
-.167
.541
.246
.188
.352
Kbtp4
.378
.064
-.244
-.015
.519
-.324
.173
-.181
Extraction Method: Principal Component Analysis.
a. 8 components extracted.
Source: Data Analysis, 2022
Table 6 shows the correlation value or the
relationship between each variable and the formed
components. For example, Kmtn1 correlates with
component 1 of 0.599, component 2 of -0.346,
component 3 of -0.109, component 4 of 0.185,
component 5 of -0.185, component 6 of 0.154,
component 7 of 0.202, and component 8 of 0.057.
Furthermore, to determine that a dimension in
the better component, can be seen from the Rotated
Component Matrix as shown in Table 5:
Table 5. Rotated Component Matrix of
Entrepreneurial Character Variables
Rotated Component Matrix
Component
1
2
3
4
5
6
7
8
Tjn1
.733
-.009
.241
.149
.221
-.017
-.006
.044
Kmtn2
.690
.115
.018
.270
.157
.024
.152
.141
Tjn2
.674
.270
.192
.098
.161
-.027
.009
-.189
Kggn1
.672
.249
.312
.058
.195
.032
.012
-.001
Kmtn1
.669
-.013
.157
.265
.205
-.007
-.012
.205
Brtp2
.634
.409
.098
.160
.214
.160
.042
-.081
Kggn2
.631
.170
.382
.011
.240
.054
-.017
.212
Kbtp9
.618
.072
.156
.250
.291
.187
.126
.046
Brtp1
.610
.350
.180
.210
.122
.235
-.083
-.129
Prk1
.595
.330
.192
.175
.227
.175
.004
-.080
Prk2
.580
.441
.033
.245
.100
.188
.017
-.176
Kbtp11
.496
.154
.319
.145
.282
.392
-.061
.175
Krt1
.488
.482
.114
.060
.365
.108
.167
.180
Knd1
.231
.733
.187
.297
.002
.007
.179
.062
Knd2
.122
.710
.192
.140
.120
.008
.157
-.085
Tlrg1
.087
.631
.195
.277
.282
.033
.207
.120
Opt2
.075
.534
-.079
.297
.253
.200
-.225
.113
Inv2
.380
.522
.275
.215
.280
.015
.037
.022
Kmr1
.259
.511
.233
.494
.178
.063
-.036
-.162
Bk2
.258
.508
-.110
.201
.148
.301
.242
.249
Cc2
.292
.497
.250
.208
.410
.049
-.068
-.210
Inv1
.369
.469
.240
.103
.468
.127
.068
.098
Tlrg2
.143
.405
.355
.265
.311
-.075
.135
.253
Kbtp1
.285
.087
.721
.104
.170
.132
-.028
.000
Kmm1
.158
.266
.662
.333
.201
.097
.099
-.126
Kbtp2
.265
-.024
.637
.280
.139
.249
-.020
.126
Tj2
.198
.298
.611
.300
.177
.132
.077
-.165
Bk1
.128
.230
.585
.317
.284
-.012
.136
.224
Tj1
.271
.307
.510
.292
.219
.170
-.056
-.136
Kbtp8
.333
.031
.502
.294
.218
.198
.045
.004
Itg2
.267
.311
.472
.381
.322
.036
.058
.177
Krt2
.240
.433
.434
.240
.339
.036
.119
.046
Tuk1
.219
.137
.188
.748
.121
.094
.114
-.051
Tuk2
.264
.391
.157
.687
.145
.069
.025
-.039
Pd2
.196
.288
.285
.591
.101
.225
-.079
.056
Mub2
.169
.083
.435
.582
.184
.144
.075
.137
Mub1
.090
.214
.482
.568
.219
.151
-.032
.022
Mbt2
.196
.277
.117
.559
.452
.052
.109
-.120
Kmm2
.151
.205
.511
.557
.169
-.004
-.062
.009
Pd1
.246
.317
.308
.527
.152
.025
.006
.203
Kmr2
.197
.365
.361
.514
.229
.058
-.021
.142
Itg1
.240
.432
.354
.458
.222
.004
.010
.159
Pdr2
.382
.248
.174
.202
.689
.096
-.013
.137
Opt1
.404
.283
.208
.139
.663
.031
-.048
.224
Pdr1
.415
.285
.193
.213
.609
.060
-.142
.201
Mbt1
.219
.248
.285
.224
.567
.248
.045
-.138
Kbtp7
.360
.008
.302
.213
.540
.238
.145
-.227
Mnd2
.322
.328
.283
.241
.533
.118
.025
.078
Cc1
.437
.149
.287
.138
.519
.023
-.003
.037
Mnd1
.188
.388
.239
.364
.496
-.026
-.066
-.062
Kbtp5
.292
.048
.404
.161
.484
.276
.078
.001
Kbtp6
.379
.058
.214
.171
.467
.151
.378
-.145
Kbtp4
.039
.026
.218
.174
.131
.714
.169
-.095
Kbtp3
.326
.201
.315
.038
.131
.570
-.135
.206
Bk4
.020
.253
.030
.007
-.002
.060
.772
.040
Bk3
.202
.285
.359
.270
.303
.145
.198
.371
Extraction Method: Principal Component Analysis.
Rotation Method: Varimax with Kaiser Normalization.
a. Rotation converged in 23 iterations.
Source: Data Analysis, 2022.
Determination of a dimension into the formed
factor by selecting the highest correlation value
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between the indicators and the component. As
described in Table 6:
Table 6. Grouping of Entrepreneurial Character
Indicators into Formed Component
Component
Indicators
1
Tjn1, Kmtn2, Tjn2, Kggn1, Kmtn1, Brtp2, Kggn2,
Kbtp9, Brtp1, Prk1, Prk2, Kbtp11, Krt1
2
Knd1, Knd2, Tlrg1, Opt2, Inv2, Kmr1, Bk2, Cc2,
Inv1, Tlrg2
3
Kbtp1, Kmm1, Kbtp2, Tj2, Bk1, Tj1, Kbtp8, Itg2,
Krt2
4
Tuk1, Tuk2, Pd2, Mub2, Mub1, Mbt2, Kmm2,
Pd1, Kmr2, Itg1
5
Pdr2, Opt1, Pdr1, Mbt1, Kbtp7, Mnd2, Cc1, Mnd1,
Kbtp 5, Kbtp6
6
Kbtp4, Kbtp3
7
Bk4
8
Bk3
Source: Data Analysis, 2022.
Based on these groupings, components 1 - 13
indicators, components 2 - 10 indicators,
components 3 - 9 indicators, components 4 - 10
indicators, components 5 - 10 indicators,
components 6 - 2 indicators, components 7 - 1
indicator, and components 8 - 1 indicator.
Furthermore, to determine the feasibility of the
components formed can be seen from the
Component Transformation Matrix, as shown in
table 7:
Table 7. Component Transformation Matrix of
Entrepreneurial Character Variables
Comp
onent
1
2
3
4
5
6
7
8
1
.493
.427
.432
.416
.423
.168
.063
.056
2
-.724
.262
.266
.537
-.201
-.069
.055
-.003
3
.031
.743
-.614
-.072
-.037
-.194
.157
.014
4
.434
-.049
-.110
.423
-.705
.025
-.199
-.286
5
-.035
.115
.144
-.262
-.273
.619
.624
-.224
6
.182
.083
.385
-.221
-.410
-.445
.278
.565
7
.034
-.313
-.426
.435
.051
.274
.306
.599
8
.085
-.275
-.055
.217
.195
-.522
.607
-.433
Extraction Method: Principal Component Analysis.
Rotation Method: Varimax with Kaiser Normalization.
Source: Data Analysis, 2022.
Based on the Component Transformation Matrix
analysis, the correlation formed shows that the value
obtained is getting closer to 1 (either -1 or +1),
which indicates the stronger. Components correlate
0.00-0.30 in the moderate, 0.31-0.70 in the good,
and 0.71-1.00 in the very good without seeing the
plus or minus sign.
4.2 Exploration Factor Analysis with AMOS
4.2.1 Goodness of Fit (GOF)
Data analysis follows standard educational and
psychological testing procedures used to seek
validity [46]. First, eight dimensions of
entrepreneurial characteristics were analyzed using
357 participants. EFA using the Varimax correlation
matrix. Maximum Likelihood Estimation as the
extraction method, and the number of factors
determined by parallel analysis [47], the model fit
index was based on a suitable and independent
estimation method [48]. Model fit is adequate when
the Chi-square/df, RMSEA, GFI, AGFI, CFI, and
TLI.
The Model of Fit provides a statistically
significant value. The value of CMIN/DF is a good
fit on the dimensions of Entrepreneurial Visionary,
Entrepreneurial Intelligence, and Actualization.
However, the dimensions of Entrepreneurial
adaptation and Entrepreneurial flexibility are in the
marginal fit category. RMSEA, AGFI, and TLI
values are in the marginal fit. The GFI value is a
good fit category for Entrepreneurial intelligence,
Actualization, and Entrepreneurial adaptation
dimensions. However, entrepreneurial vision and
flexibility dimensions are in the marginal fit
category. The CFI value is a marginal fit, except for
Actualization. Interestingly, self-development,
encouragement of healthy eating, and
encouragement of exercise are dropped in the
calculation because they did not meet the
requirements of the exploratory test.
Second, Exploration factor analysis using the
Chi-square/df estimator, RMSEA, GFI, AGFI, CFI,
and TLI as adjustment indices. There was a good
agreement when Chi-square/df < 5, GFI and AGFI
0.95, CFI and TLI 0.95, and RMSEA 0.08 [49, 50].
Table 8. Overall Goodness of Fit
GOF
Indices
Parameter
Result
Information
Good Fit
Marginal Fit
CMIN/DF
≤ 5,00
-
2,629
Good Fit
RMSEA
≤ 0,08
-
0,068
Good Fit
GFI
0,90
>0,05 - > 0,90
0,710
Marginal Fit
AGFI
≥ 0,90
>0,05 - > 0,90
0,683
Marginal Fit
TLI
≥ 0,95
>0,05 - > 0,90
0,835
Marginal Fit
CFI
≥ 0,95
>0,05 - > 0,90
0,843
Marginal Fit
Source: Data Analysis, 2022.
As a result, the overall values of CMIN/DF and
RMSEA are a good fit. While the GFI, AGFI, TLI,
and CFI are in the marginal fit category. Based on
various considerations, the fit model can for
interpreted.
4.2.2 Convergent Validity
The extracted mean variance from the full sample.
The result is that all dimensions are in the
satisfactory category for some dimensions but
slightly lower in other dimensions: Entrepreneurial
Visionary = 0.728, Entrepreneurial Intelligence =
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0.697, Actualization = 0.739, Entrepreneurial
Adaption = 0.751, and Entrepreneurial Flexibility =
0.743.
4.2.3 Discriminant Validity
Discriminant validity by looking at the ratio of the
between-trait correlation to the within-trait
correlations [51]. If the HTMT value is < 0.9 then
discriminant validity is achieved (Henseler, Ringle,
& Sarstedt, 2015). In this study, discriminant
validity was achieved in all cases both
Entrepreneurial Visionary - Entrepreneurial
Intelligence (0.79), Entrepreneurial Visionary -
Actualization (0.77), Entrepreneurial Visionary -
Entrepreneurial Adaption (0.72), Entrepreneurial
Visionary - Entrepreneurial Flexibility (0,87),
Entrepreneurial Intelligence - Actualization (0.79),
Entrepreneurial Intelligence - Entrepreneurial
Adaption (0.86), Entrepreneurial Intelligence -
Entrepreneurial Flexibility (0.83), Actualization -
Entrepreneurial Adaption (0.90), Actualization -
Entrepreneurial Flexibility (0.85), and
Entrepreneurial Adaption - Entrepreneurial
Flexibility (0.79).
4.3 Discussion
In the last few decades, entrepreneurship has
developed to achieve higher education in Indonesia.
As a result, various academic sectors develop this
vision through learning, training, career guidance,
and field experience practice. Entrepreneurship
learning is one of the main focuses, with character
as one of the strong predictors of success. In this
regard, there is no measuring instrument designed to
evaluate entrepreneurship in universities in
Indonesia. This study evaluates the process of
entrepreneurial characteristics [10], [15]-[18] of 23
dimensions to collect evidence about the
repositioning instruments and the entrepreneurial
character in Indonesian universities.
RQ1: Has a repositioning of dimensions on the
entrepreneurial character instrument after the
revaluation?
After translated instrument, the prerequisite test
using SPSS carried out with 23 dimensions with 57
indicators, all of which met the prerequisite tests for
KMO (0.967>0.50), BTS (0.000<0.05), and MSA
(>0.50). The results of factor analysis formed eight
(8) components based on the Eigenvalues.
Table 9. Grouping of Entrepreneurial Character
Variable Dimensions into Formed Factors
Component
Indicators
New
Component
Component 1
Tjn1, Kmtn2, Tjn2,
Kggn1, Kmtn1, Brtp2,
Kggn2, Kbtp9, Brtp1,
Prk1, Prk2, Kbtp11, Krt1
Entrepreneurial
Visionary
Component 2
Knd1, Knd2, Tlrg1, Opt2,
Inv2, Kmr1, Bk2, Cc2,
Inv1, Tlrg2
Entrepreneurial
Intelligence
Component 3
Kbtp1, Kmm1, Kbtp2,
Tj2, Bk1, Tj1, Kbtp8, Itg2,
Krt2
Actualization
Component 4
Tuk1, Tuk2, Pd2, Mub2,
Mub1, Mbt2, Kmm2, Pd1,
Kmr2, Itg1
Entrepreneurial
Adaption
Component 5
Pdr2, Opt1, Pdr1, Mbt1,
Kbtp7, Mnd2, Cc1, Mnd1,
Kbtp 5, Kbtp6
Entrepreneurial
Flexibility
Component 6
Kbtp4, Kbtp3
Self-
development
Component 7
Bk4
Self-resilience
Component 8
Bk3
Source: Data Analysis, 2022.
In factor analysis, the Kbtp 10 indicator (the
desire to compete with others) is dropped in this
study because it has a value of 0.486 < 0.5.
Researchers identify that Kbtp10 has two (2)
indicators of dimension stated in the tolerance
dimension [52].
Component 1 forms the Entrepreneurial
Visionary dimension that reflects personality and
attitudes related to entrepreneurial prospects [6].
The dimensions play an important role in
entrepreneurial sustainability and inspire new
entrepreneurs. Component 2 forms Entrepreneurial
Intelligence as a form of adaptability to future
entrepreneurial developments [53], and the
indicators reflect four (4) types of Entrepreneurial
Intelligence proportions in Schwab's version [54].
Component 3 forms the Actualization dimension.
This dimension is a reliable mediator in increasing
entrepreneurial intentions [55], and the indicators
are mediators, especially for the environment and
self-actualization. Component 4 forms the
Entrepreneurial Adaption dimension medium-term
strategy to maintain entrepreneurship with limited
resources and weak institutions [56]. The indicators
person's adaptive ability to be entrepreneurial amid
their limitations. Component 5 forms the dimension
of Entrepreneurial Flexibility of the antecedents for
the speed of strategic change in entrepreneurship
[57]. The indicators formed are part of the flexibility
of resources and coordination. Component 6 forms
the self-development- dimension. This dimension is
closely related to self-actualization, even mediating
entrepreneurial intentions [57]-[59]. Therefore, this
dimension becomes self-actualization. Components
7 and 8, each of which consists of 1 indicator, form
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Volume 22, 2023
the dimensions of Self-resilience. This dimension is
closely related to entrepreneurial adaptation [60],
[61]. Therefore, entrepreneurial adaptation becomes
self-resilience.
RQ2: What are the dimensions of the relevant
entrepreneurial character in Indonesia?
The results of the Exploratory Factor Analysis
(EFA) with AMOS show that the Maximum-
Likelihood Estimation matrix extraction method and
the fit model are considered adequate for all
estimators (Chi-square/df, RMSEA, GFI, AGFI,
CFI, and TLI). An equally important part of this
research is convergent and discriminant validity.
Fig. 1: EFA Models
EFA calculations prove that the dimensions of
self-development and resilience are not part of the
new dimension as discussed earlier (represented in
indicators in other). Convergent validity results
show that the average loading factor is good (> 0.5),
so there is a correlation between the same construct
[62]. While discriminant validity using the
Heterotrait-Monotrait (HTMT) method, the results
show that the different dimensions are not correlated
(< 0.9) [63].
The EFA test confirmed that the adaptation of
the operational process of the concept
entrepreneurial characteristics instrument
implemented in Indonesian universities resulted in 5
dimensions, namely: entrepreneurial visionary,
which consisted of 13 indicators; entrepreneurial
intelligence, which consists of 10; entrepreneurial
adaptation, which consists of 10; Actualization,
which consists of 9; and entrepreneurial flexibility,
which consists of 10 indicators.
4 Conclusion
Of the previous 23 dimensions and 57 indicators
using factor analysis (SPSS) and EFA (AMOS), 52
indicators were created and spread into five (5). One
(1 indicator) failed in the factor analysis test because
it had an extraction value of 0.486 < 0.5.
Furthermore, based on the EFA test, the dimensions
of self-development (2) and resilience (2 indicators)
failed because they did not meet the test
requirements. In conclusion, instruments originating
from different demographics a different results
(reliable, valid: convergent and discriminant
validity). However, this research needs to be
replicated on a large and more varied setting to hold
a robust.
Limitations
This psychometric instrument evaluates the
operational process of the concept of entrepreneurial
characteristics to measure the success of
entrepreneurship education in Indonesian
universities. This research needs further
investigation with a qualitative design to search for
and complete the findings.
Acknowledgments:
With humility and high respect, the authors would
like to express their gratitude and highest
appreciation to all researchers who have produced
and perfected the operational process of the concept
of entrepreneurial characteristics. We have no
dispute over the merits of this study.
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Volume 22, 2023
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Contribution of Individual Authors to the
Creation of a Scientific Article (Ghostwriting
Policy)
Tubagus Ali Rachman Puja Kesuma, Ridwan,
Wardani, Atik Purwasih, and Wellfarina Hamer
propose ideas and draft research.
Tubagus Ali Rachman Puja Kesuma, Anita
Lisdiana, Tusriyanto, and Karsiwan have organized
and executed the collecting data field.
Tubagus Ali Rachman Puja Kesuma, Ridwan, Deri
Cicira, Arifki Zainaro, Usastiawaty C.A.S. Isnainy,
and Ade Mulyanah, were responsible for the
Statistics.
Tubagus Ali Rachman Puja Kesuma, Deri Ciciria,
Albet Maydiantoro, Edy Irawan, and Yunisca
Nurmalisa carried out the simulation and the
optimization.
Sources of Funding for Research Presented in a
Scientific Article or Scientific Article Itself
This study received a special grant from a research
institute at the Ministry of Religious Affairs of the
Republic of Indonesia.
Creative Commons Attribution License 4.0
(Attribution 4.0 International, CC BY 4.0)
This article is published under the terms of the
Creative Commons Attribution License 4.0
https://creativecommons.org/licenses/by/4.0/deed.en
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DOI: 10.37394/23202.2023.22.4
Tubagus Ali Rachman Puja Kesuma,
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E-ISSN: 2224-2678
40
Volume 22, 2023
Conflict of Interest
The authors have no conflicts of interest to declare
that are relevant to the content of this article.