Entrepreneurial Mindset Dimensions as Drivers of Sustainable Business Innovation: A Structural Analysis Among Business and Accountancy Students
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https://doi.org/10.5281/zenodo.19354993Keywords:
Entrepreneurial mindset, sustainable business innovation, business students, opportunity recognitionAbstract
The increasing emphasis on sustainable business practices underscores the importance of an entrepreneurial mindset in fostering innovation among emerging business leaders. Guided by Entrepreneurial Mindset Theory, which emphasizes opportunity recognition, creativity, risk-taking, proactiveness, and resilience, and framed by Schumpeter’s Theory of Innovation, which proposes that innovation arises from individuals introducing new combinations of products, processes, or markets, this study investigates how specific entrepreneurial mindset dimensions influence sustainable business innovation. Using a quantitative research design, data were collected from a sample of 236 students enrolled in the Entrepreneurial Mind subject during the Academic Year 2025–2026 at selected universities in Manila, Bulacan, and Cavite. Structured surveys assessed students’ entrepreneurial mindset traits alongside their engagement in sustainable innovation activities. Multiple regression analysis was employed to determine the predictive influence of each mindset dimension on sustainable business innovation outcomes. The results indicate that opportunity recognition, creativity, and proactiveness serve as strong predictors of sustainable innovation, while risk-taking and resilience exhibit moderate but statistically meaningful effects. These findings suggest that deliberately developing these entrepreneurial mindset traits can enhance students’ capacity to generate innovative solutions that balance economic viability with environmental and social sustainability. The study underscores the importance of curriculum enhancements, targeted entrepreneurial training, and experiential learning opportunities to cultivate these competencies among future business professionals. By identifying which dimensions of the entrepreneurial mindset most strongly influence sustainable innovation, the research contributes to both theoretical understanding and practical strategies, equipping emerging leaders to implement innovation-driven, sustainability-focused initiatives in business environments that increasingly demand responsible and forward-thinking approaches.
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