What Rasch Model Tells About Entrepreneurial Orientation Among Gen Z Entrepreneurs in Greater Jakarta

Abstract

This study used Rasch Model Analysis to investigate the entrepreneurial orientation of Generation Z entrepreneurs in Greater Jakarta. In addition, the current study determines if there are substantial variations in entrepreneurial attitude across Gen Z entrepreneurs based on their degree of education. This quantitative study evaluated entrepreneurial orientation among 217 entrepreneurs of Generation Z in Greater Jakarta, Indonesia. The questionnaire has three dimensions and fourteen entrepreneurial orientation indicators. Person Measure Analysis, a subset of Rasch Model Analysis, was used to filter responses for bias. The findings of this study indicate that the entrepreneurs of Generation Z are exceptionally entrepreneurially minded. Moreover, it was shown that bachelor's degree holders were less entrepreneurial than high school graduates. This study's findings have practical implications for developing entrepreneurship education in higher education institutions to attain learning effectiveness. Furthermore, this study attempts to contribute by giving empirical evidence for the claimed relationship between educational degree and entrepreneurial orientation. The research is focusing on Generation Z. This study asserts the necessity of developing entrepreneurial experiential learning for Indonesian entrepreneurs of Generation Z.