Impact of entrepreneurial mindset and motivation on business performance: deciphering the effects of entrepreneurship development program (EDPs) on trainees

Figures & data

Table 1. Testing of hypothesis related to the change in the mindset of trainees towards EDPs and self-employment in the pre and post-training period.

	Opinion about Extent of requirement of training and need for self employment	Agricultural				Product				Process				General				Total
		Before		After		Before		After		Before		After		Before		After		Before		After
		F	%	F	%	F	%	F	%	F	%	F	%	F	%	F	%	F	%	F	%
	Great extent	40	36.4	88	80	30	37.0	66	81.6	43	35.5	99	81.9	20	27.0	61	82.92	133	34.5	315	81.5
	some extent	24	21.8	14	12.7	25	30.9	10	12.2	50	41.3	10	8.2	10	13.5	6	7.59	109	28.2	39	10.2
	not at all	46	41.8	8	7.3	26	32.1	5	6.2	28	23.1	12	9.9	44	59.5	7	9.49	144	37.3	32	8.3
Total		110	100	110	100	81	100	81	100	121	100	121	100	74	100	74	100	386	100	386	100
Wilcoxon signed rank test	Z value	6.861				5.805				6.720				6.947				13.179
	p value	0.000				0.000				0.000				0.000				0.000
		HS				HS				HS				HS				HS

Source: Field Survey

Table 2. Factors motivated to start self-employment.

Factor	Items	EDPs
		Agricultural		Product		Process		General		Total
		Count	%	Count	%	Count	%	Count	%	Count	%
Factors motivated for starting the entrepreneurial activity	To support family	8	7.3%	6	7.4%	7	5.8%	5	6.8%	26	6.7%
	Encouragement by friends	8	7.3%	6	7.4%	7	5.8%	3	4.1%	24	6.2%
	Motivating role of RUDSETIs EDP programs	92	83.6%	69	85.2%	106	87.6%	64	86.5%	331	85.8%
	To gain social prestige	2	1.8%	0	.0%	1	.8%	2	2.7%	5	1.3%
	Success stories of other entrepreneurs	0	.0%	0	.0%	0	.0%	0	.0%	0	.0%
	Availability of factors of production	0	.0%	0	.0%	0	.0%	0	.0%	0	.0%
	Total	110	100 %	81	100 %	121	100 %	74	100 %	386	100

Source: Field Survey

Table 3. Testing of hypothesis related to the association between the motivational factors and starting the business

	EDPs	Chi-Square	df	p
Factors motivated for starting the entrepreneurial activity	Agricultural	202.582	3	.000, highly significant
	Product	98.000	2	.000, highly significant
	Process	253.711	3	.000, highly significant
	General	149.459	3	.000, highly significant
	Total	762.580	3	.000, highly significant

Source: Field Survey

Table 4. EDPs ability to change mindset, motivation and follow-up assistance.

	EDPs										Test results
	Agricultural		Product		Process		General		Total		χ2 = 40.92 d.f = 3 p = 0.824, NS
	Freq	%	Freq	%	Freq	%	Freq	%	Freq	%
To some extent	10	9.1	7	8.6	10	8.3	4	5.4	31	8.0
To large extent	100	90.9	74	91.4	111	91.7	70	94.6	355	92.0
Not at all	0	0.0	0	0.0	0	0.0	0	0.0	0	0.0
Total	110	100.0	81	100.0	121	100.0	74	100.0	386	100.0

Source: Field Survey

Table 5. Extent to which follow-up assistance helped entrepreneurs.

Follow-up factors	EDPs	N	Mean	Std. Deviation	Median	KW test value	p-value
Guidance and counseling for preparing applications for financial assistance	Agricultural	110	3.37	1.50	3.00	4.831	.185	NS
	Product	81	3.41	1.51	3.00
	Process	121	3.03	1.43	3.00
	General	74	3.14	1.46	3.00
	Total	386	3.23	1.47	3.00
Getting sanction of a loan	Agricultural	110	3.35	1.49	4.00	.399	.940	NS
	Product	81	3.38	1.57	4.00
	Process	121	3.35	1.46	3.00
	General	74	3.26	1.47	3.00
	Total	386	3.34	1.49	3.50
Helping the selection of business location and securing it	Agricultural	110	2.73	1.41	3.00	1.669	.644	NS
	Product	81	2.84	1.35	3.00
	Process	121	2.96	1.52	3.00
	General	74	2.93	1.56	3.00
	Total	386	2.86	1.46	3.00
Completing governmental formalities	Agricultural	110	3.09	1.42	3.00	4.227	.238	NS
	Product	81	3.49	1.35	4.00
	Process	121	3.36	1.29	3.00
	General	74	3.31	1.35	3.50
	Total	386	3.30	1.36	3.00
Registration under various statutes	Agricultural	110	3.09	1.42	3.00	4.227	.238	NS
	Product	81	3.49	1.35	4.00
	Process	121	3.36	1.29	3.00
	General	74	3.31	1.35	3.50
	Total	386	3.30	1.36	3.00
Obtaining a license	Agricultural	110	3.09	1.42	3.00	4.227	.238	NS
	Product	81	3.49	1.35	4.00
	Process	121	3.36	1.29	3.00
	General	74	3.31	1.35	3.50
	Total	386	3.30	1.36	3.00
Increase in the motivational level	Agricultural	110	3.09	1.42	3.00	4.227	.238	NS
	Product	81	3.49	1.35	4.00
	Process	121	3.36	1.29	3.00
	General	74	3.31	1.35	3.50
	Total	386	3.30	1.36	3.00
	Total	386	3.30	1.36	3.00

Source: Field Survey

Table 6. Rate of business success.

		EDPs								Total		Test results
		Agricultural		Product		Process		General
		Count	%	Count	%	Count	%	Count	%	Count	%	χ2 = 3.741 d.f = 6 p= 0.712, NS
Rate of business success	Highly successful	78	70.9%	59	72.8%	85	70.2%	55	74.3%	277	71.8%
	Successful	24	21.8%	18	22.2%	22	18.2%	13	17.6%	77	19.9%
	Unsuccessful	8	7.3%	4	4.9%	14	11.6%	6	8.1%	32	8.3%
Total		110	100.0%	81	100.0%	121	100.0%	74	100.0%	386	100.0%

Source: Field Survey