Digital Financial Literacy, Entrepreneurship Education, and Entrepreneurial Self-Efficacy as Determinants of Entrepreneurial Intention: A Systematic Literature Review

Baso Sardjan; A. Muh. Anzhari

doi:10.62794/je3s.v7i4.406

Authors

Baso Sardjan College of Economics STIE LPI Makassar, Indonesia
A. Muh. Anzhari College of Economics STIE LPI Makassar, Indonesia

DOI:

https://doi.org/10.62794/je3s.v7i4.406

Keywords:

entrepreneurial intention, digital financial literacy, entrepreneurship education, entrepreneurial self-efficacy, systematic literature review

Abstract

Entrepreneurial intention has received increasing attention in the digital economy, yet empirical evidence on the roles of digital financial literacy, entrepreneurship education, and entrepreneurial self-efficacy remains fragmented across studies and contexts. This study synthesizes the available evidence through a Systematic Literature Review (SLR) guided by the PRISMA 2020 framework. Nineteen empirical studies published between 2020 and 2026 were included following predefined eligibility criteria and screening procedures covering Scopus, Web of Science, and SINTA-accredited journals. The evidence was examined using thematic synthesis and narrative analysis to identify consistent, mixed, direct, mediated, and moderated relationships among the three focal determinants and entrepreneurial intention. The findings indicate that digital financial literacy is associated with entrepreneurial intention through financial capability and risk-taking mechanisms, while entrepreneurship education influences entrepreneurial intention both directly and through entrepreneurial self-efficacy and other entrepreneurial mechanisms. Entrepreneurial self-efficacy emerges as an important psychological mechanism linking educational and contextual factors to entrepreneurial intention, although the strength and significance of these relationships vary across contexts and study designs. Based on the integrated evidence, this review proposes an Integrated Entrepreneurial Intention Framework that connects digital financial literacy, entrepreneurship education, and entrepreneurial self-efficacy through direct and mechanism-based pathways. The framework provides an evidence-informed perspective for understanding entrepreneurial intention in the digital economy and identifies areas requiring further empirical investigation.

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