Entrepreneurship Education: New Strategies in Unemployment during the Economic Crisis of Thailand

Abstract

The study aims to develop a structural equation model of entrepreneurship education during the current unemployment crisis of Thailand by using mixed methods approach. In part of quantitative research, the research tool was questionnaires. Data were collected from 420 samples. Structural Equation Modeling (SEM) was conducted for analyzing the model with empirical data. In part of qualitative research, the key informants was 5 person. Data gathering conducted by in-depth interview which were semi-structured interview. The major findings showed that factors that affect the entrepreneurship education were institutional setting, contents of course, teaching methods and individual factor. Considering the structural equation model of entrepreneurship education during the current unemployment crisis of Thailand had a good fit with the empirical data (χ^2=556.45, df=213, RMSEA=0.054, CFI=0.95, SRMR=0.068). Teaching methods had the highest direct effect on entrepreneurship education, while institutional setting had the highest indirect effect. This new framework can be used to inform thinking in the area of entrepreneurship education to address the unemployment crisis.