Failure Factors among Young Entrepreneurs in Higher Education Institution: A Study from Telkom University

The purpose of this research was to determine factors that caused the failure of young entrepreneurs in Telkom University among the participants of 2016-2017 competition and exhibition. This research applied a quantitative method with a descriptive and explorative research type. Techniques of collec...

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Main Authors: Cut Irna Setiawati, Abi Atarita
Format: Article
Language:English
Published: Bina Nusantara University 2018-09-01
Series:Journal the Winners
Subjects:
Online Access:https://journal.binus.ac.id/index.php/winners/article/view/4721
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author Cut Irna Setiawati
Abi Atarita
author_facet Cut Irna Setiawati
Abi Atarita
author_sort Cut Irna Setiawati
collection DOAJ
description The purpose of this research was to determine factors that caused the failure of young entrepreneurs in Telkom University among the participants of 2016-2017 competition and exhibition. This research applied a quantitative method with a descriptive and explorative research type. Techniques of collecting data were using questionnaires. This research used the nonprobability sampling method that was saturated sampling because of all members of the population of 116 respondents in this research. Data analysis was using Principal Component Analysis (PCA). The results show the five new factors causing the failure among young entrepreneurs in Telkom University who participate in the Business Plan Competition and Creative Market Exhibition in 2017, are: (1) improper asset and marketing management, (2) unqualified entrepreneurial characteristics, (3) unwell anticipation of capital and regulation pressure, (4) financial and non-financial failures, and (5) ignored by the owner.
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spelling doaj.art-5715235a2440401c95eb529bd5f46d222022-12-21T22:00:54ZengBina Nusantara UniversityJournal the Winners1412-12122541-23882018-09-0119210.21512/tw.v19i2.47214182Failure Factors among Young Entrepreneurs in Higher Education Institution: A Study from Telkom UniversityCut Irna Setiawati0Abi Atarita1Telkom UniversityTelkom UniversityThe purpose of this research was to determine factors that caused the failure of young entrepreneurs in Telkom University among the participants of 2016-2017 competition and exhibition. This research applied a quantitative method with a descriptive and explorative research type. Techniques of collecting data were using questionnaires. This research used the nonprobability sampling method that was saturated sampling because of all members of the population of 116 respondents in this research. Data analysis was using Principal Component Analysis (PCA). The results show the five new factors causing the failure among young entrepreneurs in Telkom University who participate in the Business Plan Competition and Creative Market Exhibition in 2017, are: (1) improper asset and marketing management, (2) unqualified entrepreneurial characteristics, (3) unwell anticipation of capital and regulation pressure, (4) financial and non-financial failures, and (5) ignored by the owner.https://journal.binus.ac.id/index.php/winners/article/view/4721failure factorsyoung entrepreneurshigher education institution
spellingShingle Cut Irna Setiawati
Abi Atarita
Failure Factors among Young Entrepreneurs in Higher Education Institution: A Study from Telkom University
Journal the Winners
failure factors
young entrepreneurs
higher education institution
title Failure Factors among Young Entrepreneurs in Higher Education Institution: A Study from Telkom University
title_full Failure Factors among Young Entrepreneurs in Higher Education Institution: A Study from Telkom University
title_fullStr Failure Factors among Young Entrepreneurs in Higher Education Institution: A Study from Telkom University
title_full_unstemmed Failure Factors among Young Entrepreneurs in Higher Education Institution: A Study from Telkom University
title_short Failure Factors among Young Entrepreneurs in Higher Education Institution: A Study from Telkom University
title_sort failure factors among young entrepreneurs in higher education institution a study from telkom university
topic failure factors
young entrepreneurs
higher education institution
url https://journal.binus.ac.id/index.php/winners/article/view/4721
work_keys_str_mv AT cutirnasetiawati failurefactorsamongyoungentrepreneursinhighereducationinstitutionastudyfromtelkomuniversity
AT abiatarita failurefactorsamongyoungentrepreneursinhighereducationinstitutionastudyfromtelkomuniversity