A Proposal for a Standard With Innovation Management System

Zaidatol Akmaliah Lope Pihie, Afsaneh Bagheri and Zaidatol Haslinda Abdullah Sani
opportunities such as running simulated or real businesses, case studies and working with an
entrepreneur (Wilson et al. 2007; Fayolle et al. 2006; Zhao et al. 2005; Erikson 2003). This study
provides a clearer picture of the level and pattern of entrepreneurial capacity among students of
private higher education initiations in Malaysia. It contributes to the few studies that related selfregulation
theory to entrepreneurship education (Bryant 2006). It also provides empirical evidence for
employing the theory of self-regulation, self-efficacy and theory of planed behavior in exploring
entrepreneurial qualities among students. However, there are some limitations that should be noted.
We focused on measuring entrepreneurial capabilities among university students. Future studies
should investigate different aspects of the constructs in this study with more diverse samples and
different education levels. Moreover, this study only involved private institutions of higher education in
one area of Malaysia (Klang Valley). Research need to be done including both private and public
universities to better demonstrate entrepreneurial capabilities among Malaysian students. Research
can also be undertaken to develop a theory and a model for entrepreneurial capacity among students
based on the constructs examined in this study.
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