P. Eko Prasetyo, Ilmu Ekonomi S2 (2020) Technology Absorption in Entrepreneurial Aspirations and Capabilities. International Journal of Innovation, Creativity and Change, 14 (3). ISSN 2201-1323

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Abstract

This study aims to explain the contribution of technology absorption as the main source and determinant in encouraging entrepreneurial aspirations and enhancing global entrepreneurial abilities. The main data source of this research is secondary data from 137 countries from the Global Entrepreneurship Development Index (GEDI). The methods and dimensions of the variables follow the measurement model (GEDI, 2019). The analysis model used the path analysis method, which was deferred from the linear hierarchical regression model of the standard form of the Ordinary Least Squares (OLS) model, to describe interactions both direct, indirect and total. The results of the research show that technology absorption factors are able to provide the most dominant, first and most significant contributions both to entrepreneurial aspirations and global entrepreneurial abilities. Meanwhile, the strongest level of correlation occurred between opportunity start-ups and competition. Attractive policy implications at the international, national and local levels support and create a culture of creative entrepreneurship that is able to absorb technology and innovation as well as a competitive environment to foster the competitive advantage of global entrepreneurship

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