Asian Journal of Economics, Business and Accounting

Aims: To examine the relationship between entrepreneurial mindset and health-related startup interests among Grade 12 students under the Accountancy, Business, andManagement (ABM) strand. The study aims to understand how entrepreneurial attitudes and cognitive traits influence students’ inclination toward initiating ventures in the healthcare sector.

Study Design: A mixed-method study employing an explanatory sequential design, where quantitative findings guided the qualitative exploration.

Place and Duration of Study: The research was conducted at a medical school in Davao City over a five-month period, from August to December 2024.

Methodology: The study engaged a total of 66 enrolled Grade 12 ABM students who participated in the quantitative phase using a researcher-made survey instrument. Total population sampling was employed to ensure comprehensive coverage. To establish the instrument’s validity, the survey underwent expert validation prior to data collection. For the qualitative phase, 15 participants were selected through purposive sampling based on their survey responses and availability. These participants took part in semi-structured Focus Group Discussions (FGDs) to explore more nuanced insights.

Results: Among 66 surveyed students and 15 interview participants, quantitative results showed no statistically significant relationship between entrepreneurial mindset and health- related startup interests (p > 0.05). However, students demonstrated generally high levels of both: the mean entrepreneurial mindset score was 3.94, and the mean health-related startup interest score was 3.61. Qualitative findings revealed that student interest in health- related startups was largely influenced by external factors such as the increasing demand for healthcare services, the aspiration to contribute meaningfully to society, and heightened awareness around health and wellness. These motivations suggest that social relevance and emerging needs in the sector play a more significant role than internal entrepreneurial tendencies.

Conclusion: Grade 12 ABM students from a medical school in Davao City exhibit a high entrepreneurial mindset and strong interest in health-related startups, although no significant statistical relationship exists between the two variables. Their motivation appears to stem more from external and societal factors rather than intrinsic entrepreneurial traits. Despite their enthusiasm, students face challenges such as limited access to capital, mentorship, and startup support, which highlights the need for school-based programs and community initiatives to cultivate their entrepreneurial potential in the health sector.