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Cultivating Entrepreneurial Minds: Unleashing Potential in Pakistan’s Emerging Entrepreneurs Using Structural Equational Modeling

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Abstract

This research aims to analyze the impact of institutional elements, including students’ exposure to entrepreneurship education, faculty support for students’ development of entrepreneurial skills, and the prevalence of an entrepreneurial mindset, on undergraduate students’ propensity to engage in entrepreneurial behavior. Additionally, the study considers the entrepreneurial mindset as a moderator and institutional backing as a facilitator. The research focused on a selection of private, middle-ranking universities in Lahore, Pakistan. A web-based survey was conducted, and 384 participants were chosen for the partial least squares structural equation modeling (PLS-SEM) analysis. All hypotheses regarding both direct and indirect connections were confirmed by the data. Furthermore, except for one, hypotheses regarding the moderating relationship of institutional support showed significant moderation. This study provides new insights into how universities can enhance entrepreneurial culture through a comprehensive teaching and mentoring program that considers institutional support. It serves as a guide for private, middle-class institutions aiming to cultivate an entrepreneurial spirit among their business students. The researcher’s contribution to the existing literature includes a focus on the entrepreneurial mindset in the context of private higher education institutions in Lahore, Pakistan. The study employs entrepreneurial institutional factors, entrepreneurial attitude as a mediating variable, and institutional support as a moderating variable to foster a growth mindset among students, distinguishing it from previous research.

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Authors and Affiliations

  1. Chaudhary Abdul Rehman Business School, Faculty of Business & Management Sciences, The Superior University, Lahore, Pakistan

    Ahmad Bilal, Shahzad Ali & Muhammad Mukarram

  2. Department of Management Sciences, Faculty of Business Administration, COMSATS University Islamabad, Lahore Campus, Lahore, Pakistan

    Muhammad Haseeb Shakil

  3. School of Business, Mercer University, Atlanta Campus, Atlanta, GA, USA

    Sayyed Zaman Haider

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  1. Ahmad Bilal
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Contributions

Ahmad Bilal: conceptualization, data curation, methodology, and writing original draft. Shahzad Ali: concept, data collection, data handling, methodology, and analysis. Muhammad Haseeb Shakil: corresponding author, refining the concept, data handling, and data analysis. Muhammad Mukarram: writing, reviewing, and editing the final draft. Sayyed Zaman Haider: revision, review, and editing of the final draft.

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Correspondence to Muhammad Haseeb Shakil.

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Bilal, A., Ali, S., Shakil, M.H. et al. Cultivating Entrepreneurial Minds: Unleashing Potential in Pakistan’s Emerging Entrepreneurs Using Structural Equational Modeling. J Knowl Econ (2024). https://doi.org/10.1007/s13132-024-01898-w

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