Entrepreneurial Intentions and Its Influencing Factors: A Survey of Student Cooperative Members in Indonesia

The intention of entrepreneurship is regarded as a determining factor for the decision to choose a career as an entrepreneur. A good understanding of the factors that influence students’ entrepreneurial intentions is essential to reveal. The current research aims to explain the effect of Needs for Achievement, Self-Efficacy, and Readiness of the Instrument on the entrepreneurial intentions of cooperative members in Indonesia. It employs a quantitative approach to the correlational research. The relationship between variables is examined with Structural Equation Modeling (SEM). The research samples are 118 students. The data are collected using a questionnaire technique and processed with IBM AMOS v software. 22. The result shows that Needs for Achievement and Self-Efficacy partially causes significant positive effects on entrepreneurial intentions, while Readiness of the Instrument has no substantial and positive impact. The entrepreneurial intentions appears to 41% variability of Needs for Achievement, Self-Efficacy, and Readiness of the Instrument. The result indicates the need for support in the higher institution to iniciate the cooperative members to meet prospective business partners.