Confirmatory Factor Analysis in Entrepreneurship on Administrators and Members of Student Cooperatives in Surabaya Private Universities
Confirmatory Factor Analysis in Entrepreneurship on Administrators and Members of Student Cooperatives in Surabaya Private Universities

Summary/Abstract: Universities are expected to be able to provide students with both theoretical knowledge and the soft skills to use them through student cooperatives. Based on this, our research aims to find solutions to foster entrepreneurial spirit in student cooperatives present in private universities in Surabaya. This study drew its population from members and administrators of student cooperatives who are part of the Surabaya Student Cooperative Association. The sample was taken from 150 people, using a questionnaire for data taking. The results showed that the involvement of students in cooperative activities, both as members and administrators, would encourage growth in entrepreneurial spirit. Factor analysis proved that self-confidence, leadership, creativity, risk-taking, task- and result-oriented, and future-oriented outlooks were important variables of entrepreneurship growth. Thus, it can be concluded that student cooperatives can be used as a place to encourage development of student entrepreneurship skills, so that private universities in Surabaya are able to use this information to address soft skill development.

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