Exploring Digital Source of Information on Opportunity Recognition for Future Entrepreneurs: Self-Efficacy as the Mediator

Autor

  • Maria Grace Herlina Management Department, BINUS Business School Undergraduate Program, Bina Nusantara University, Jakarta 11480, Indonesia
  • Eren Ozgen Business Administration Program, Florida State University Panama City, Florida 32405-1099, USA
  • Yunita Wijaya Handranata Business Creation Program, BINUS Business School Undergraduate Program, Bina Nusantara University, Jakarta 11480, Indonesia
  • Banu Rinaldi Business Creation Program, BINUS Business School Undergraduate Program, Bina Nusantara University, Jakarta 11480, Indonesia

DOI:

https://doi.org/10.15503/jecs2025.3.277.296

Słowa kluczowe:

digital artefacts, digital platforms, digital applications, digital recognition, entrepreneurial education

Abstrakt

Aim. This article examines how digital platforms, applications, and artifacts affect opportunity recognition in entrepreneurship education, focusing on self-efficacy among Indonesian undergraduates. The aim is to understand how these digital resources help students recognise entrepreneurial opportunities and develop entrepreneurial competencies.

Methods. A cross-sectional survey of 202 undergraduates in Greater Jakarta, Indonesia, assessed their use of digital platforms, applications, and artifacts. Partial Least Squares Structural Equation Modeling (PLS-SEM) was used to examine the relationships among digital sources, self-efficacy, and opportunity recognition.

Results. The study finds that digital platforms and applications help students identify entrepreneurial opportunities, with self-efficacy partially mediating the effects of digital artifacts. Digital artifacts increased self-efficacy but did not directly influence opportunity recognition. The findings emphasise the need for interactive digital tools in entrepreneurship education and highlight the critical role of self-efficacy in the learning process.

Conclusion. Digital platforms and applications significantly contribute to students' opportunity recognition, while digital artifacts support the development of self-efficacy. Enhancing self-efficacy is essential for optimising digital learning outcomes in entrepreneurship education.

Research restrictions. The study is limited to undergraduate students in Greater Jakarta, which may limit the generalisability of the findings. Future research should explore broader demographic and cross-cultural contexts.

Pobrania

Statystyki pobrań niedostępne.

Biogramy autorów

  • Maria Grace Herlina - Management Department, BINUS Business School Undergraduate Program, Bina Nusantara University, Jakarta 11480, Indonesia

    With a Ph.D. in Management Science, she is an Associate Professor in the Management Department at Bina Nusantara Business School, where she serves as the Deputy Head of the Management Program. She earned her Doctorate in Management Science from the State University of Jakarta, Indonesia. Driven by her passion for teaching, she dedicates her expertise to educating and mentoring future generations through her work in teaching, research, and scientific publications. She has conducted various studies both locally and internationally and has authored numerous scientific articles in internationally recognised journals indexed in Scopus. Her areas of expertise include human resource management, organizational behavior, entrepreneurial behavior, and knowledge management behavior.

  • Eren Ozgen - Business Administration Program, Florida State University Panama City, Florida 32405-1099, USA

    A full professor of Management at Florida State University, Panama City. She is the coordinator of the Business Program and the Organizational Excellence and Innovation Center. She teaches strategy, leadership, conflict management, and cross-cultural business. Her research interests include various aspects of entrepreneurship and strategy.

  • Yunita Wijaya Handranata - Business Creation Program, BINUS Business School Undergraduate Program, Bina Nusantara University, Jakarta 11480, Indonesia

    Ph.D. in Management Science, she is an Associate Professor in the Business Creation Program at the Department of BINUS Business School Undergraduate Program, Bina Nusantara University. She holds a Doctorate in Research Management and a Master's in Finance. With over 15 years of experience in teaching, research, curriculum development, and content planning, she is an active researcher with several research publications indexed in Scopus. Her research interests are in the fields of Finance, Marketing, and Entrepreneurship.

  • Banu Rinaldi - Business Creation Program, BINUS Business School Undergraduate Program, Bina Nusantara University, Jakarta 11480, Indonesia

    Master's degree in Business Administration, he is a lecturer, researcher, and coach/mentor specializing in entrepreneurship through his position as a faculty member of the Business Creation Program at Bina Nusantara Business School. Additionally, he is a practitioner and entrepreneur in the food industry, actively involved in MMSME communities. He is an enthusiast for MSME development and entrepreneurship, as evidenced by his prior experiences and numerous research publications. His areas of expertise include entrepreneurial orientation, export development, digital business transformation, and sustainability performance related to small and medium-sized businesses.

Bibliografia

Abernathy, W. J., & Clark, K. B. (1985). Innovation: Mapping creative destruction. Research Policy, 14, 3–22.

Adner, R. (2006). Match your innovation strategy to your innovation ecosystem. Harvard Business Review, 84(4), 98-107.

Al-Atabi, M., & Deboer, J. (2014). Teaching entrepreneurship using Massive Open Online Course (MOOC). Technovation, 34(4), 261–264. https://doi.org/10.1016/j.technovation.2014.01.006

Ali, M., Hashim, N., & Ibrahim, A. (2017). The evaluations of Facebook as an educational technology tool in polytechnic's entrepreneurship courses. Journal of Fundamental and Applied Sciences, 9(6S), 805–815. http://dx.doi.org/10.4314/jfas.v9i6s.60

Arenius, P., & Clercq, D. De. (2005). A network-based approach to opportunity recognition. Small Business Economics, 24(3), 249–265. https://doi.org/10.1007/s11187-005-1988-6

Bandura, A. (1997). Self-efficacy: The exercise of control. W. H. Freeman and Company.

Baron, R. A., & Ensley, M. D. (2006). Opportunity recognition as the detection of meaningful patterns: Evidence from comparisons of novice and experienced entrepreneurs. Management Science, 52(9), 1331–1344. https://doi.org/10.1287/mnsc.1060.0538

Bonesso, S., Gerli, F., Pizzi, C., & Cortellazzo, L. (2018). Students’ entrepreneurial intentions: The role of prior learning experiences and emotional, social, and cognitive competencies. Journal of Small Business Management, 56(00), 215–242. https://doi.org/10.1111/jsbm.12399

Byun, C. G., Sung, C. S., Park, J. Y., & Choi, D. S. (2018). A study on the effectiveness of entrepreneurship education programs in higher education institutions: A case study of Korean graduate programs. Journal of Open Innovation: Technology, Market, and Complexity, 4(3), Article 26. https://doi.org/10.3390/joitmc4030026

Camelo-Ordaz, C., Diánez-González, J. P., Franco-Leal, N., & Ruiz-Navarro, J. (2020). Recognition of entrepreneurial opportunity using a socio-cognitive approach. International Small Business Journal: Researching Entrepreneurship, 38(8), 718–745. https://doi.org/10.1177/0266242620939843

Chen, L., Ifenthaler, D., & Yau, J. Y.-K. (2021). Online and blended entrepreneurship education: a systematic review of applied educational technologies. Entrep Educ, 4, 191–232. https://doi.org/10.1007/s41959-021-00047-7

Cheng, H., Bian, Q., & Mao, Q. (2022). How can Internet use and environmental risk perception encourage pro-environmental behaviors? The mediating role of government performance perception. Polish Journal of Environmental Studies, 31(6), 5621–5631. https://doi.org/10.15244/pjoes/152225

Costa, S. F., Santos, S. C., Wach, D., & Caetano, A. (2018). Recognizing opportunities across campus: The effects of cognitive training and entrepreneurial passion on the business opportunity prototype. Journal of Small Business Management, 56(1), 51–75. https://doi.org/10.1111/jsbm.12348

Cui, J., Sun, J., & Bell, R. (2021). The impact of entrepreneurship education on the entrepreneurial mindset of college students in China: The mediating role of inspiration and the role of educational attributes. International Journal of Management Education, 19(1), Article 100296. https://doi.org/10.1016/j.ijme.2019.04.001

Deng, Y. (2021). Influence of social media on enterprise knowledge sharing based on social network analysis. Entrepreneurship Research Journal, 11(2), 99–118. https://doi.org/10.1515/erj-2020-0245

Diaz Vidal, D., Pittz, T. G., Hertz, G., & White, R. (2021). Enhancing entrepreneurial competencies through intentionally designed podcasts. International Journal of Management Education, 19(3), Article 100537. https://doi.org/10.1016/j.ijme.2021.100537

Fan, M., Qalati, S. A., Khan, M. A. S., Shah, S. M. M., Ramzan, M., & Khan, R. S. (2021). Effects of entrepreneurial orientation on social media adoption and SME performance: The moderating role of innovation capabilities. PLoS ONE, 16(4), Article e0247320. https://doi.org/10.1371/journal.pone.0247320

Fellnhofer, K. (2022). Entrepreneurial alertness toward responsible research and innovation: Digital technology makes the psychological heart of entrepreneurship pound. Technovation, 118, Article 102384. https://doi.org/10.1016/j.technovation.2021.102384

Fox, J., Pittaway, L., & Uzuegbunam, I. (2018). Simulations in entrepreneurship education: Serious games and learning through play. Entrepreneurship Education and Pedagogy, 1(1), 61–89. https://doi.org/10.1177/2515127417737285

Galvão, A., Marques, C., & Ferreira, J. J. (2020). The role of entrepreneurship education and training programs in advancing entrepreneurial skills and new ventures. European Journal of Training and Development, 44(6–7), 595–614. https://doi.org/10.1108/EJTD-10-2019-0174

Garson, G. D. (2016). Partial least squares: Regression and structural equation models. In Statistical Associates Publishers. Statistical Associates Publishers. https://doi.org/10.3726/978-3-0353-0280-6/8

Greene, F. J., & Saridakis, G. (2008). The role of higher education skills and support in graduate self-employment. Studies in Higher Education, 33(6), 653–672. https://doi.org/10.1080/03075070802457082

Grégoire, D. A., Barr, P. S., & Shepherd, D. A. (2010). Cognitive processes of opportunity recognition: The role of structural alignment. Organization Science, 21(2), 413–431. https://doi.org/10.1287/orsc.1090.0462

Hair, J. F., Black, W. C., Babin, B. J., & Anderson, R. E. (2014). Multivariate data analysis. In Pearson education limited (7th ed.). Pearson Prentice Hall.

Hair, J. F., Black, W., C., Babin B., J., & Anderson R., E. (2009). Multivariate data analysis (7th ed.). Prentice Hall.

Handayati, P., Wulandari, D., Soetjipto, B. E., Wibowo, A., & Narmaditya, B. S. (2020). Does entrepreneurship education promote vocational students’ entrepreneurial mindset? Heliyon, 6(11), Article e05426. https://doi.org/10.1016/j.heliyon.2020.e05426

Hassan, H. M. K. (2020). Intention towards social entrepreneurship of university students in an emerging economy: the influence of entrepreneurial self-efficacy and entrepreneurship education. On the Horizon, 28(3), 133–151. https://doi.org/10.1108/OTH-04-2020-0012

Heeks, R., Gomez-Morantes, J. E., Graham, M., Howson, K., Mungai, P., Nicholson, B., & Van Belle, J. P. (2021). Digital platforms and institutional voids in developing countries: The case of ride-hailing markets. World Development, 145, Article 105528. https://doi.org/10.1016/j.worlddev.2021.105528

Horta, H., Meoli, M., & Vismara, S. (2016). Skilled unemployment and the creation of academic spin-offs: a recession-push hypothesis. Journal of Technology Transfer, 41(4), 798–817. https://doi.org/10.1007/s10961-015-9405-z

Iansiti, M., & Levien, R. (2004). The keystone advantages: What the new dynamics of business ecosystems mean for strategy, innovation and sustainability. Harvard Business School Publishing Corporation.

Ilonen, S., & Heinonen, J. (2018). Understanding affective learning outcomes in entrepreneurship education. Industry and Higher Education, 32(6), 391–404. https://doi.org/10.1177/0950422218805177

Kallinikos, J., Aaltonen, A., & Marton, A. (2013). The ambivalent ontology of digital artifacts. MIS Quarterly, 37(2), 357–370. http://www.jstor.org/stable/43825913

Kauppinen, A., & Iftikhar Choudhary, A. (2021). Gamification in entrepreneurship education: A concrete application of Kahoot! International Journal of Management Education, 19(3), Article 100563. https://doi.org/10.1016/j.ijme.2021.100563

Kirzner, I. M. (1979). Perception, opportunity, and profit: Studies in the theory of entrepreneurship. University of Chicago Press.Kirzner, I. M. (1973). Competition and entrepreneurship. University of Chicago Press.

Krueger, N. F. (1989). The antecedents of opportunity recognition: The role of perceived self-efficacy [The Ohio State University]. Journal of Allergy and Clinical Immunology, 130(2), 556-556. http://dx.doi.org/10.1016/j.jaci.2012.05.050

Liao, F., Li, A., Zhang, Q., & Yang, J. (2022). Recognizing opportunities when individual engaged in intrapreneurship: The role of creative self-efficacy and support for innovation. Frontiers in Psychology, 13. https://doi.org/10.3389/fpsyg.2022.937971

Lomberg, C., Urbig, D., Stöckmann, C., Marino, L. D., & Dickson, P. H. (2017). Entrepreneurial orientation: The dimensions’ shared effects in explaining firm performance. Entrepreneurship: Theory and Practice, 41(6), 973–998. https://doi.org/10.1111/etap.12237

Lu, Y., & Jover, G. (2019). An anthroposophic view: What Confucian traditions can teach us about the past and future of Chinese higher education. Higher Education, 77(3), 423–436. https://doi.org/10.1007/s10734-018-0280-z

Martínez-Gregorio, S., Badenes-Ribera, L., & Oliver, A. (2021). Effect of entrepreneurship education on entrepreneurship intention and related outcomes in educational contexts: a meta-analysis. International Journal of Management Education, 19(3), Article 100545. https://doi.org/10.1016/j.ijme.2021.100545

Mary George, N., Parida, V., Lahti, T., & Wincent, J. (2016). A systematic literature review of entrepreneurial opportunity recognition: insights on influencing factors. International Entrepreneurship and Management Journal, 12(2), 309–350. https://doi.org/10.1007/s11365-014-0347-y

Marzano, A., & Miranda, S. (2021). Online learning environments stimulate in students the processes of mutual interaction between digital and analog artifacts to enhance student learning. MethodsX, 8, Article 101440. https://doi.org/10.1016/j.mex.2021.101440

Maurer, T. J., & Pierce, H. R. (1998). A comparison of the Likert scale and traditional measures of self-efficacy. Journal of Applied Psychology, 83(2), 324–329. https://doi.org/10.1037/0021-9010.83.2.324

Mayer, I., Kortmann, R., Wenzler, I., Wetters, Á., & Spaans, J. (2014). Game-based entrepreneurship education: Identifying enterprising personality, motivation and intentions amongst engineering students. Journal of Entrepreneurship Education, 17(2), 217–244.

Miller, K., Alexander, A., Cunningham, J. A., & Albats, E. (2018). Entrepreneurial academics and academic entrepreneurs: A systematic literature review. International Journal of Technology Management, 77(1/2/3), 9–37. https://doi.org/10.1504/IJTM.2018.091710

Mohamed, N. A., & Sheikh Ali, A. Y. (2021). Entrepreneurship education: Systematic literature review and future research directions. World Journal of Entrepreneurship, Management and Sustainable Development, 17(4), 644–661. https://doi.org/10.1108/WJEMSD-07-2020-0084

Nambisan, S. (2017). Digital entrepreneurship: Toward a digital technology perspective of entrepreneurship. Entrepreneurship: Theory and Practice, 41(6), 1029–1055. https://doi.org/10.1111/etap.12254

Ndou, V., Secundo, G., Schiuma, G., & Passiante, G. (2018). Insights for shaping entrepreneurship education: Evidence from the European entrepreneurship centers. Sustainability (Switzerland), 10(11), Article 4323. https://doi.org/10.3390/su10114323

Oberländer, A. M., Röglinger, M., & Rosemann, M. (2021). Digital opportunities for incumbents – A resource-centric perspective. Journal of Strategic Information Systems, 30(3), Article 101670. https://doi.org/10.1016/j.jsis.2021.101670

Orel, M. (2020). The potentials of virtual reality in entrepreneurship education. In L. Daniela (Ed.), New perspectives on virtual and augmented reality: Finding new ways to teach in a transformed learning environment (pp. 38-48). Routledge, Taylor and Francis Group. https://doi.org/10.4324/9781003001874-3

Ozgen, E., & Baron, R. A. (2007). Social sources of information in opportunity recognition: Effects of mentors, industry networks, and professional forums. Journal of Business Venturing, 22(2), 174–192. https://doi.org/10.1016/j.jbusvent.2005.12.001

Ozgen, E., Campus, D., Minsky, B. D., & Campus, D. (2007). Opportunity recognition in rural entrepreneurship in developing countries. International Journal of Entrepreneurship, 11, 49–74.

Ozgen, E., & Minsky, B. D. (2013). Why do some college students engage in entrepreneurial activities while others do not? Journal of Entrepreneurship Education, 16(5), 51. https://doi.org/10.14233/ajchem.2023.28026

Parker, G., Alstyne, M. Van, & Jiang, X. (2017). Platform ecosystems: How developers invert the firm. MIS Quarterly, 41(1), 255–266.

Perry-Smith, J. E. (2006). Social yet creative: The role of social relationships in facilitating individual creativity. Academy of Management Journal, 49(1), 85–101. https://doi.org/10.5465/AMJ.2006.20785503

Prior, D. D., Mazanov, J., Meacham, D., Heaslip, G., & Hanson, J. (2016). Attitude, digital literacy, and self-efficacy: Flow-on effects for online learning behavior. Internet and Higher Education, 29, 91–97. https://doi.org/10.1016/j.iheduc.2016.01.001

Ratten, V., & Jones, P. (2021). Entrepreneurship and management education: Exploring trends and gaps. International Journal of Management Education, 19(1), Article 100431. https://doi.org/10.1016/j.ijme.2020.100431

Ratten, V., & Usmanij, P. (2021). Entrepreneurship education: Time for a change in research direction? International Journal of Management Education, 19(1), Article 100367. https://doi.org/10.1016/j.ijme.2020.100367

Rosendahl Huber, L., Sloof, R., Van Praag, M., & Parker, S. C. (2020). Diverse cognitive skills and team performance: A field experiment based on an entrepreneurship education program. Journal of Economic Behavior and Organization, 177, 569–588. https://doi.org/10.1016/j.jebo.2020.06.030

Santarelli, E., & Tran, H. T. (2013). The interplay of human and social capital in shaping entrepreneurial performance: The case of Vietnam. Small Business Economics, 40(2), 435–458. https://doi.org/10.1007/s11187-012-9427-y

Secundo, G., Rippa, P., & Meoli, M. (2020). Digital transformation in entrepreneurship education centers: preliminary evidence from the Italian Contamination Labs network. International Journal of Entrepreneurial Behaviour and Research, 26(7), 1589–1605. https://doi.org/10.1108/IJEBR-11-2019-0618

Sexton, D. L., & Bowman-Upton, N. B. (1991). Entrepreneurship: Creativity and Growth. Macmillan Pub Co.

Sigfusson, T., & Chetty, S. (2013). Building international entrepreneurial virtual networks in cyberspace. Journal of World Business, 48(2), 260–270. https://doi.org/10.1016/j.jwb.2012.07.011

Singh, R. P. (2000). Entrepreneurial Opportunity Recognition through Social Networks. Garland Publishing, Inc.

Singh, R. P., Hills, G. E., Hybels, R. C., & Lumpkin, G. T. (1999). Opportunity recognition through social network characteristics of entrepreneurs. In 19th, Annual Entrepreneurship research conference; Frontiers of entrepreneurship research 1999 (pp. 228-241). https://www.tib.eu/en/search/id/BLCP%3ACN035973576/Opportunity-Recognition-Through-Social-Network/

Sobakinova, D., Zhou, Y., & Aureaar, K. A. A. (2019). Self-efficacy, opportunity recognition, and business ideas. ACM International Conference Proceeding Series, ICEME ’19, 51–56. https://doi.org/10.1145/3345035.3345079

Steininger, D. M. (2019). Linking information systems and entrepreneurship: A review and agenda for IT-associated and digital entrepreneurship research. Information Systems Journal, 29(2), 363–407. https://doi.org/10.1111/isj.12206

Subhash, S., & Cudney, E. A. (2018). Gamified learning in higher education: A systematic review of the literature. Computers in Human Behavior, 87, 192–206. https://doi.org/10.1016/j.chb.2018.05.028

Tantawy, M., Herbert, K., McNally, J. J., Mengel, T., Piperopoulos, P., & Foord, D. (2021). Bringing creativity back to entrepreneurship education: Creative self-efficacy, creative process engagement, and entrepreneurial intentions. Journal of Business Venturing Insights, 15(March), Article e00239. https://doi.org/10.1016/j.jbvi.2021.e00239

Tarabasz, A., Selaković, M., & Abraham, C. (2018). The classroom of the future: Disrupting the concept of contemporary business education. Entrepreneurial Business and Economics Review, 6(4), 231–245. https://doi.org/10.15678/EBER.2018.060413

Thompson, N. A., & Illes, E. (2021). Entrepreneurial learning as practice: A video-ethnographic analysis. International Journal of Entrepreneurial Behaviour and Research, 27(3), 579–599. https://doi.org/10.1108/IJEBR-10-2018-0663

Tumasjan, A., & Braun, R. (2012). In the eye of the beholder: How regulatory focus and self-efficacy interact in influencing opportunity recognition. Journal of Business Venturing, 27(6), 622–636. https://doi.org/10.1016/j.jbusvent.2011.08.001

Vinogradova, M., Konstantinov, V., Prasolov, V., Lukyanova, A., & Grebenkina, I. (2019). Level entrepreneurship-role in the digital economy, tendencies of improvement of the information support system. Journal of Entrepreneurship Education, 22(5).

von Briel, F., Davidsson, P., & Recker, J. (2018). Digital technologies as external enablers of new venture creation in the it hardware sector. Entrepreneurship: Theory and Practice, 42(1), 47–69. https://doi.org/10.1177/1042258717732779

Vorbach, S., Maria Poandl, E., & Korajman, I. (2019). Digital entrepreneurship education: The role of MOOCs. International Journal of Engineering Pedagogy, 9(3), 99–111. https://doi.org/10.3991/ijep.v9i3.10149

Wraae, B., Tigerstedt, C., & Walmsley, A. (2021). Using reflective videos to enhance entrepreneurial learning. Entrepreneurship Education and Pedagogy, 4(4), 740–761. https://doi.org/10.1177/2515127420936955

Wu, D., Yang, X., Lu, C., Li, M., Wang, M., & Yang, W. (2023). Relationship between internet attitude and internet self-efficacy: ICT competence and network interaction as mediators. Children and Youth Services Review, 149, Article 106916. https://doi.org/10.1016/j.childyouth.2023.106916

Yao, J., Wang, F., Jia, K., Han, B., Zhou, J., & Yang, H. (2021). Device-cloud collaborative learning for recommendation. In Proceedings of the 27th ACM SIGKDD Conference on Knowledge Discovery & Data Mining (pp. 3865-3874). https://doi.org/10.1145/3447548.3467097

Zhang, Z. (2021). The impact of digital technologies on entrepreneurship education: A literature review for progress and prospects. Advances in Social Science, Education, and Humanities Research, 543(Icssed), 448–452. http://dx.doi.org/10.2991/assehr.k.210407.088

Żur, A. (2018). Changing entrepreneurship learning ecosystems: Massive open online courses. Opportunities and limitations. Przedsiębiorczość – Edukacja, 14, 1–11.

Pliki dodatkowe

Opublikowane

2025-09-23

Jak cytować

Herlina, M. G. ., Ozgen, E. ., Handranata, Y. W. ., & Rinaldi, B. (2025). Exploring Digital Source of Information on Opportunity Recognition for Future Entrepreneurs: Self-Efficacy as the Mediator. Journal of Education Culture and Society, 16(2), 277-296. https://doi.org/10.15503/jecs2025.3.277.296