MEASUREMENT OF ENTREPRENEURIAL LEADERSHIP AT PRIVATE HIGHER EDUCATION IN INDONESIA: A MULTIDIMENSIONAL CONSTRUCT

Abstract

Private universities have a vital role in facing global challenges by providing education that is adaptive, innovative, and focuses on the needs of the global job market. The purpose of this study is to conceptualize and empirically test entrepreneurial leadership models among leaders at private universities in the city of Pekanbaru, Indonesia in facing global competition scenarios. In this analysis, entrepreneurial leadership is identified as a central aspect of the leadership of private university leaders. These characteristics include the application of vision and mission, promotion of innovation and creativity, perseverance and resilience in facing challenges, focus on opportunities, risk-taking skills, and efforts to build capacity and trust in the university environment. Information for this study was obtained through a survey involving 305 leaders, mainly at private universities in Pekanbaru. The collected data is then analyzed using a quantitative analysis approach, with the application of structural equation models (SEM). The study's findings conclude that entrepreneurial leader characteristics that describe leaders at private universities, such as vision and mission, innovation and creativity, passion and persistence, focus on opportunities, risk-taking, and capacity building and trust, are statistically significant reflections of entrepreneurial leadership. For this reason, the a need for organizations, especially private universities, to be managed or led with an entrepreneurial approach. Engagement in this approach becomes relevant in the face of the challenges of an increasingly competitive global environment, emphasizing the importance of adaptation and innovation in the management of educational organizations to achieve better performance