Entrepreneurial success factors for youth entrepreneurs in the era of society 5.0

Zuraidah, Zuraidah ORCID: https://orcid.org/0000-0001-9982-8139, Maudya, Intan Yhejri Rari and Mufidaturrohmah, Nur (2025) Entrepreneurial success factors for youth entrepreneurs in the era of society 5.0. International Journal of Business and Applied Economics (IJBAE), 4 (1). pp. 93-110. ISSN 2963-6124

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Abstract

This study examines young entrepreneurs' perceptions of factors influencing entrepreneurial success in the Society 5.0 era. Using a quantitative approach, data were collected from 72 Economics students from 2021 to 2023 at UIN Malang. Key variables include education, experience, strategy, innovation, and technology, which were analyzed using SmartPLS 3. The findings show that these factors significantly enhance entrepreneurial success, emphasizing their critical roles in fostering entrepreneurship. The study theoretically reinforces the importance of these elements in entrepreneurship. Practically, it suggests revising curricula to integrate practical experiences and advanced technologies while advising young entrepreneurs to focus on innovation and strategic planning. This research supports young entrepreneurs in navigating challenges and enriches the literature on entrepreneurship in the Society 5.0 era.

Item Type:	Journal Article
Keywords:	youth entrepreneur; era society 5.0; entrepreneurial factors
Subjects:	14 ECONOMICS > 1402 Applied Economics > 140202 Economic Development and Growth 14 ECONOMICS > 1402 Applied Economics > 140209 Industry Economics and Industrial Organisation
Divisions:	Faculty of Economics > Department of Accounting
Depositing User:	Zuraidah Zuraidah
Date Deposited:	26 Aug 2026 09:42

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