Contemporary Business Studies - Academy of Knowledge Process ...

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International Journal of Contemporary Business StudiesVol: 4, No: 2. February, 2013 ISSN 2156-7506Available online at http://www.akpinsight.webs.comFigure 3.4 below shows the proposed theoretical model of the study, as a result of adaptation andmodification of several relevant theoretical models and constructs. Dispositionalmeasure of employability(DME) by Fugate and Kinicki (2008) is adapted as a complete measurement of disposition in work andcareer context, consists of (i) openness to change at work, (ii) work and career proactivity, (iii) careermotivation, (iv) work and career resilience, (v) career identity.The other part of the model, career capital is adapted from DiRenzo (2010). Career capital as conversedby DiRenzo (2010) consists of (i) social capital, (ii) human capital, and (iii) psychological capital.However, only social and human capitals are included in this model whereas psychological capital is not,to avoid duplication as it displays characteristics similar to disposition in work and career context (Fugateand Kinicki, 2008) mentioned earlier. Meanwhile, dependent variable (i.e. perceived employability) istaken from Berntson‘s (2008) theoretical framework. As perceived employability (Berntson, 2008) isdeemed to share similar elements in conceptual foundation with actual employability (Fugate et al.,2004), thus it is reasonable to presume perceived employability (Berntson, 2008) will result in actualemployability (Fugate et al., 2004). The purpose of this study is to examine the relationship between theseven independent variables and dependent variables. Therefore, eight hypotheses have been developed toallow comprehension of the examination. Please refer to figure 3.4 below for the proposed theoreticalmodel.Figure 3.4: Proposed Theoretical ModelCareer CapitalSocial CapitalHuman CapitalDMEOpenness to changes at workPerceivedEmployabilityActualEmployabilityWork and Career proactivityCareer motivationWork and Career resilienceWork Identity2013©Academy of Knowledge Process14
International Journal of Contemporary Business StudiesVol: 4, No: 2. February, 2013 ISSN 2156-7506Available online at http://www.akpinsight.webs.com3.4 Research ObjectivesThe research objectives in this study can be categorized into general objective and specific objective.3.4.1 General ObjectivesThis section primarily describes the purpose of the research. In this study, the general objectives are:• To examine the “perceived employability” among young graduates by comparing past models ofemployability with freshly employed graduates (Fugate et al., 2004)• To examine the “dispositional employability” approach to employability with the adoptedvariables; “openness to change at work, work and career proactivity, career motivation, work andcareer resilience and work identity (Fugate, 2006)• To examine the theory of “career capital” with its adopted variables of social capital and humancapital against Bernston’s (2008) concept of “perceived employability”.3.4.2 Specific ObjectivesThe specific objectives in this study are as below:1) To examine the relationship between openness to changes at work with perceivedemployability.2) To examine the relationship between work and career proactivity with perceivedemployability.3) To examine the relationship between career motivation with perceived employability.4) To examine the relationship between work and career resilience with perceivedemployability.5) To examine the relationship between work identity with perceived employability.6) To examine the relationship between social capital with perceived employability.7) To examine the relationship between human capital with perceived employability.3.5 Research QuestionsMore specifically, this study is conducted to ravel out the following questions:1) Is openness to changes at work significantly explaining graduates’ perceivedemployability?2) Is work and career proactivity significantly explaining graduates’ perceivedemployability?3) Is career motivation significantly explaining graduates’ perceived employability?2013©Academy of Knowledge Process15
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