Do Entrepreneurial Characteristics Moderate the Relationship between Experiential Learning and Entrepreneurial Mindset?

Denny  Bernardus; Fulgentius Danardana  Murwani; Imanuel Deny Krisna  Aji; Wirawan E. D.  Radianto; Liestya  Padmawidjaja; Stefan Yudana  Jatiperwira; Imanuel  Hitipeuw; Gabriel Henry  Jacob

doi:10.36941/jesr-2023-0010

Authors

Denny Bernardus Faculty member, Universitas Ciputra Surabaya, CitraLand CBD Boulevard, Surabaya 67219, Indonesia
Fulgentius Danardana Murwani Faculty member, Universitas Negeri Malang, Jl. Semarang 5 Malang 65145, Indonesia
Imanuel Deny Krisna Aji Faculty member, Universitas Ciputra Surabaya, CitraLand CBD Boulevard, Surabaya 67219, Indonesia
Wirawan E. D. Radianto Faculty member, Universitas Ciputra Surabaya, CitraLand CBD Boulevard, Surabaya 67219, Indonesia
Liestya Padmawidjaja Faculty member, Universitas Ciputra Surabaya, CitraLand CBD Boulevard, Surabaya 67219, Indonesia
Stefan Yudana Jatiperwira M.A. student, University of Erfurt, Nordhäuser Str. 63, 99089 Erfurt, Germany
Imanuel Hitipeuw Faculty member, Universitas Negeri Malang, Jl. Semarang 5 Malang 65145, Indonesia
Gabriel Henry Jacob Research staff, Nanyang Business School, Nanyang Technological University and Asian Pastoral Institute, 50 Nanyang Avenue, Singapore 639798, Singapore

DOI:

https://doi.org/10.36941/jesr-2023-0010

Keywords:

experiential learning, entrepreneurial mindset, entrepreneurial characteristics, moderating effect

Abstract

This study aims not only to verify ‘the experiential learning–entrepreneurial mindset relationship’, but also to test which entrepreneurial characteristics (i.e., innovativeness, risk-taking propensity, need for achievement, and proactiveness) moderate ‘the experiential learning–entrepreneurial mindset relationship’. The data were collected from 313 undergraduate students who have already taken the entrepreneurship course and analyzed using confirmatory factor analysis and hierarchical regression analysis. The results showed the positive relationships between experiential learning and elaboration mindset, and between experiential learning and implementing mindset. However, need for achievement and proactiveness were found to moderate ‘the experiential learning–entrepreneurial mindset relationship’, whereas innovativeness and risk-taking propensity did not moderate that relationship. This study provides theoretical implications in extending the literature of experiential learning theory, Dweck’s implicit theory of intelligence, and entrepreneurial characteristics. This study also has practical implications for entrepreneurship educators.

Received: 16 September 2022 / Accepted: 25 December 2022 / Published: 5 January 2023