The Mediating Role of Strategic Thinking in Transforming Entrepreneurial Intention into Entrepreneurial Activity

Abstract

This study attempts to test and analyze the effect of entrepreneurial intention and strategic thinking on entrepreneurial activity. Additionally, the mediating effect of strategic thinking on the effect of entrepreneurial intention on entrepreneurial activity was also be tested and analyzed. The population of this study were bachelor's degree graduate from various higher education institutions in Surabaya who graduates between 2019–2023 periods and were actively doing entrepreneurial works. Using the snowball sampling technique, 142 respondents were obtained. Then, data analysis was carried out using the partial least square (PLS) technique with the help of the SmartPLS version 3.2.9 application. The findings of this study are that entrepreneurial intention has not been proven to encourage the real entrepreneurial activity. However, strategic thinking has a positive and significant effect on entrepreneurial activity. In addition, this research also finds that there is a mediating effect of the strategic thinking on the effect of entrepreneurial intention on entrepreneurial activity.