Intangible Capital | 2026
Authors: Dahal R.K.; Ghimire B.; Chalise M.; Karki D.; Joshi S.P.
DOI: 10.3926/ic.3249
Journal: Intangible Capital
Year: 2026
Publisher: OmniaScience
Document Type: Article
Open Access: All Open Access; Gold Open Access; Green Open Access
Cited by: 1
Purpose: The objective of this study is to examine the impact of self-efficacy on how young people in Nepal respond to employment risks, with a particular emphasis on their job-searching behavior in the service sector. Design/methodology/approach: The study collected survey data from recent undergraduate and graduate students who were actively pursuing employment in 2024 using a quantitative approach. The study employs self-determination theory to examine the influence of personal ability beliefs on job search efforts and motivation. To explore the relationships between the study variables, it followed a systematic Structural Equation Modelling (SEM) approach. Findings: The results indicate that job-search behavior is substantially influenced by perceived employment risk and that self-efficacy is a critical factor in strengthening this relationship. Even in the presence of uncertain job prospects, young job candidates who possess higher levels of self-efficacy are more likely to remain proactive and motivated in their search. Research limitations/implications: Understanding the function of self-efficacy provides policymakers, educators, and individuals striving to enhance the employability of young people with beneficial insights. It is feasible to enhance the resilience and job search effectiveness of young individuals navigating a challenging job market by cultivating self-belief and confidence. Originality/value: The study extends motivational frameworks by combining Self-Determination Theory with Social Cognitive Theory to study collectivist cultures while providing evidence-based strategies that policymakers and career counselors can use to improve youth employability through psychological empowerment and skill development. © (2026), (OmniaScience). All rights reserved.
Attitude; Employment; Job search; Perception; Personality