Drivers of entrepreneurial intentions in sustainable entrepreneurship

2018 ◽  
Vol 24 (2) ◽  
pp. 359-381 ◽  
Author(s):  
Anna Maija Vuorio ◽  
Kaisu Puumalainen ◽  
Katharina Fellnhofer
Keyword(s):  
Quantitative Research ◽  
Work Values ◽  
Entrepreneurial Intention ◽  
Entrepreneurial Intentions ◽  
Extrinsic Rewards ◽  
Design Data ◽  
Sustainable Entrepreneurship ◽  
Content Type ◽  
Entrepreneurial Opportunities

Purpose The role of entrepreneurship has changed to include issues beyond economic growth. This has turned attention toward the drivers of entrepreneurial intentions across entrepreneurship types, particularly in sustainable entrepreneurship. The purpose of this paper is to examine the drivers of entrepreneurial intentions in sustainable entrepreneurship. In particular, the paper aims to extend the existing intention models to include work values and attitudes toward sustainability, thereby bringing the model into the context of sustainable entrepreneurship. Design/methodology/approach Using a quantitative research design, data were collected in three European countries through anonymous questionnaires. The data consist of responses from 393 university students. Findings The results show that attitude toward sustainability and perceived entrepreneurial desirability enhance sustainability-oriented entrepreneurial intentions. Moreover, adding sustainability into the regression equation adds explanation power, hence suggesting that the theory of planned behavior needs to be adapted when applied to sustainable entrepreneurship. Attitudes toward sustainability are positively impacted by altruism, while perceived entrepreneurial desirability is driven by intrinsic and extrinsic rewards. Research limitations/implications The study focuses on one particular type of entrepreneurship and one particular age group. Originality/value The paper contributes to the entrepreneurship literature by applying the entrepreneurial intention model to sustainable entrepreneurship. The results imply that it may be the time to consider the variance in entrepreneurial opportunities in intention models as well as the need to address the conflict between work values. The results show that sustainability-oriented entrepreneurial intentions are driven by attitudes toward sustainability and perceived entrepreneurial desirability. These two attitudes are driven by altruism and extrinsic rewards, and, especially, extrinsic reward plays an opposite role in both drivers of sustainability-oriented entrepreneurial intentions.

Drivers of sustainable entrepreneurial intentions among university students: an integrated model from a developing world context

2021 ◽  
Vol 22 (3) ◽  
pp. 659-680
Author(s):  
Agu Godswill Agu ◽  
Okwuagwu Okuu Kalu ◽  
Chidadi Obinna Esi-Ubani ◽  
Paul Chinedu Agu
Keyword(s):  
University Students ◽  
Structural Model ◽  
Developing World ◽  
Explanatory Power ◽  
Entrepreneurial Intention ◽  
Integrated Model ◽  
Entrepreneurial Intentions ◽  
Sustainable Entrepreneurship ◽  
Content Type ◽  
Event Model

Purpose The purpose of this study is to integrate and extend two models of entrepreneurial intention to investigate the drivers of sustainable entrepreneurial intention among intermediate undergraduate university students in Nigeria. Specifically, this paper aims to introduce education for sustainable entrepreneurship into the integrated model, thereby fitting the model into the context of sustainable entrepreneurship. Design/methodology/approach Data was gathered with the help of a structured questionnaire from 435 students of a university in Nigeria. The students passed through a special entrepreneurship training in which they were educated on the concept and practice of sustainable entrepreneurship. SmartPLS was used to test the proposed structural model. Findings The findings revealed that education for sustainable entrepreneurship significantly influences all variables of the integrated model, but has nonsignificant direct influence on sustainable entrepreneurial intention. Sustainable entrepreneurial intention is significantly driven by attitude and propensity to act. Therefore, the inclusion of education for sustainable entrepreneurship into the regression equation adds to its explanatory power. Originality/value This study contributes toward understanding of sustainable entrepreneurial intention of intermediate university students in a developing world context – Nigeria. Above all, it is among the few studies that shed light on the strength of education for sustainable entrepreneurship in the formation of sustainable entrepreneurial intention among students. This study proposes integration and extension (by adding education for sustainable entrepreneurship) of the theory of planned behavior and entrepreneurial event model in learning about students’ intentions to engage in sustainable entrepreneurship.

From entrepreneurial intention to enterprise creation: the case of Estonia

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Elina Kallas ◽  
Eve Parts
Keyword(s):  
Final Stage ◽  
External Environment ◽  
Entrepreneurial Intention ◽  
Entrepreneurial Intentions ◽  
Venture Creation ◽  
Content Type ◽  
Enterprise Creation ◽  
Positive Effect ◽  
Real Action

Purpose The present paper aims to identify a set of cognitive and contextual characteristics that explain entrepreneurial intentions, actions and venture creation, thereby covering three successive stages of becoming an entrepreneur. Design/methodology/approach The analysis is based on entrepreneurship data from a self-reported online survey (n = 1,492) gathered among the Estonian population in 2017. The authors use an exploratory factor analysis to reduce initial survey responses about the external environment into latent factors. Linear regression models are applied to predict the determinants of entrepreneurial intention and actions, whereas the logit model is applied to find out the determinants of being or not being an entrepreneur. Findings Younger people, respondents with vocational education and the unemployed have a higher intention to start up. Men are more active than women in the second stage of taking real action, whereas middle-aged respondents and managers are less active. In the final stage of enterprise creation, men become more likely entrepreneurs, whereas younger people and those who do not have higher education become less likely entrepreneurs. Entrepreneurial attitudes and competencies as preconditional factors of entrepreneurial readiness have a positive effect in all three stages. The role of motivation appeared to be controversial – it has a weak positive effect on the intention stage but a strong negative effect on the action stage, becoming insignificant in the final stage of becoming an entrepreneur. In the final stage, taking real action has the strongest positive effect. Regarding differences between entrepreneurs and non-entrepreneurs, entrepreneurs have a more positive perception of the business environment and the ease of doing business, including the simplicity of entrepreneurship-related legislation. On the other hand, entrepreneurs are more skeptical about the availability of financial resources, and they perceive public attitudes and the role of entrepreneurs in a society less positively. Research limitations/implications As data of this study originates from a survey, the sample may not represent the whole population. This might limit the extent to which the conclusions of this study can be generalized. Also, the study’s data do not enable us to consider all potential factors that may affect entrepreneurial intention, action and venture creation. For example, the authors do not consider the effect of income or differences between opportunity and necessity entrepreneurship because of data limitations. Practical implications This study focuses on environmental obstacles and individual restrictions that are important in different stages of becoming an entrepreneur. In terms of policy implications, providing better financing opportunities both from private and public institutions and keeping entrepreneurship legislation simple and transparent have the utmost importance in increasing the share of entrepreneurs and entrepreneurship-related benefits in society. The younger population’s high entrepreneurial intentions should be transferred more effectively into real actions toward starting up, paired with supportive entrepreneurship education. Social implications The study results show that developing positive attitudes towards entrepreneurship and providing relevant competencies through the education system are relevant factors in all stages of becoming an entrepreneur, thus enabling entrepreneurial activities in society. Originality/value First, the authors investigate the factors of entrepreneurship separately during the three stages in the journey of becoming an entrepreneur, starting from intentions, followed by preparation actions and finalized by real enterprise creation. Second, the analysis of this study is based on the original Environment-Readiness Entrepreneurship Intention model, which emphasizes the role of the external environment in entrepreneurial processes. Ten factors of the external environment are extracted using exploratory analysis instead of using three traditional predefined factors of the economic, political and socio-cultural environment. Third, our focus on Estonia broadens the knowledge about entrepreneurship in the Central and Eastern European region in general and in the Baltic region, more specifically.

scholarly journals Big Five personality traits impact on entrepreneurial intention: the mediating role of entrepreneurial alertness

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Mohammad Suleiman Awwad ◽  
Rana Mohammad Najati Al-Aseer
Keyword(s):  
Personality Traits ◽  
Big Five ◽  
Entrepreneurial Intention ◽  
Big Five Personality Traits ◽  
Entrepreneurial Intentions ◽  
Big Five Personality ◽  
Content Type ◽  
Mediating Role ◽  
Entrepreneurial Alertness

Purpose The purpose of this study is to investigate the impact of the Big Five personality traits on the entrepreneurial intentions of undergrad university students in Jordan. It further investigates the mediating role of entrepreneurial alertness. Design/methodology/approach A quantitative survey method was conducted with a convenience sample of Jordanian university students. A total of 323 valid questionnaires were received and analyzed. A structural equation modeling with partial least square (PLS) is used to analyze data. Findings Results revealed that conscientiousness, openness and alertness were associated with entrepreneurial intention. Extraversion and openness were associated with alertness, while agreeableness and neuroticism were unrelated to either outcome. Finally, alertness mediates the relationship between extraversion and openness with entrepreneurial intention. Originality/value There is a lack of previous studies investigating the relationship between the Big Five personality traits and students’ entrepreneurial intentions in Jordan, particularly the role of mediating variables in this relationship. This study is considered the first one that examined the mediating role of entrepreneurial alertness in the relationship between personality traits and entrepreneurial intentions.

University’s support for entrepreneurship and entrepreneurial intention: the mediating role of entrepreneurial climate

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Mandy Siew Chen Sim ◽  
Joshua Edward Galloway ◽  
Hazel Melanie Ramos ◽  
Michael James Mustafa
Keyword(s):  
Entrepreneurial Intention ◽  
Concept Development ◽  
Entrepreneurial Intentions ◽  
Content Type ◽  
Mediating Role ◽  
Entrepreneurial Climate ◽  
University Support ◽  
Development Support ◽  
The Relationship

Purpose Drawing on institutional theory, this paper seeks to untangle the relationship between university support for entrepreneurship and students’ entrepreneurial intentions. Specifically, this study aims to examine whether entrepreneurial climates within universities mediate the relationship between university support for entrepreneurship and students’ entrepreneurial intention. Design/methodology/approach Empirical data is drawn from 195 students across three Malaysian higher education institutions. Partial least squares procedures are used to test the proposed hypotheses. Findings Findings show that no element of university support for entrepreneurship had a direct effect on students’ entrepreneurial intentions. However, the entrepreneurial climate was found – to mediate the relationship between perceived business and concept development support and students’ entrepreneurial intentions. Originality/value This study represents one of the few efforts in the literature considering the role of entrepreneurial climates within universities in influencing students’ entrepreneurial intention. In considering the mediating role of entrepreneurial climate, in the relationship between university support for entrepreneurship and students’ entrepreneurial intentions, this study provides a complementary and contextualised perspective, to existing studies, which have traditionally focussed on the mediating role of individual attributes. Doing so provides further evidence of entrepreneurial universities in fostering entrepreneurship.

Entrepreneurial intentions: the relevance of nature and nurture

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Muhammad Farrukh ◽  
Ali Raza ◽  
Muhammad Sajid ◽  
Muhammad Rafiq ◽  
Rizwana Hameed ◽  
...  
Keyword(s):  
Self Efficacy ◽  
Structural Equation ◽  
Entrepreneurial Intention ◽  
Entrepreneurial Intentions ◽  
Equation Modeling ◽  
Unique Contribution ◽  
Biological Factors ◽  
Content Type ◽  
Nature And Nurture

PurposeThis paper aims to investigate the role of nature and nurture in students’ entrepreneurial intention (EIs). In doing so, the study examines the relationship between prenatal testosterone exposure (2D:4D), risk-taking propensity, entrepreneurial self-efficacy and EIs. Moreover, the moderating role of entrepreneurial education between entrepreneurial self-efficacy and EI is also investigated.Design/methodology/approachIn line with previous studies on EI, the authors tested hypotheses based on quantitative data obtained from university students.FindingsData were analyzed with the help of the structural equation modeling technique, and the results revealed that all the hypothesized relationships were supported.Originality/valueThe field of entrepreneurship has become an attractive area of research for practitioners and academics. One tinted area of research in entrepreneurship is the investigation of EI because it is a good predictor of entrepreneurial behavior. Several antecedents of EIs have been recognized in the literature ranging from personality traits to environmental factors. However, less is known about the role of biology in entrepreneurship. Incorporating biological factors in the field of entrepreneurship appears to be theoretically viable and sound. Thus, this study investigates the effect of biological factors in the presence of psychological factors on EIs, which is a unique contribution to the literature on entrepreneurship.

Does Islamic values matter for Indonesian students’ entrepreneurial intention? The mediating role of entrepreneurial inspiration and attitude

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Agus Wibowo ◽  
Sri Umi Mintarti Widjaja ◽  
Sugeng Hadi Utomo ◽  
Djoko Dwi Kusumojanto ◽  
Cipto Wardoyo ◽  
...  
Keyword(s):  
Entrepreneurship Education ◽  
Boarding Schools ◽  
Entrepreneurial Intention ◽  
Economic Education ◽  
Entrepreneurial Intentions ◽  
Equation Modeling ◽  
Content Type ◽  
Mediating Role ◽  
Islamic Values

Purpose Stimulating new business creating has been a decisive issue and the Indonesian Government is responding to this issue by providing entrepreneurship programs for Islamic students. This study aims to examine the impact of Islamic values and entrepreneurship education to predict Islamic students’ intention for business, as well as investigates the mediating role of entrepreneurial inspiration and attitudes. Design/methodology/approach The study estimates primary data obtained from a sample of 381 Islamic boarding students in a selected area in Indonesia who incorporated entrepreneurial education and practices. In addition, structural equation modeling has been incorporated to answer the hypotheses raised in the research. Findings The findings strengthen the study of the influence of Islamic values that affects both directly and through inspiration and motivation on students’ entrepreneurial intentions. Additionally, it found the direct and indirect influences of entrepreneurship education on intentions for entrepreneurship through inspiration and motivation. Research limitations/implications This study has been cramped to draw a limited geographical area in Indonesia and the research’s implication is used for relevant themes in Islamic entrepreneurship. Practical implications The findings of this research give insights to promote students’ entrepreneurial intention from Islamic schools. Social implications The findings of this study offer a broader knowledge to enhance entrepreneurs through economic education in Islamic boarding schools. Originality/value These results provide insights into the important effects of Islamic values, particularly in the context of Islamic boarding schools. The findings suggest that Islamic values be an important contextual factor for Islamic boarding school students’ entrepreneurial intentions.

How do personal values help to build generation Y’s entrepreneurial intentions? The role of gender differences

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Saïd Aboubaker Ettis
Keyword(s):  
Generation Y ◽  
Personal Values ◽  
Entrepreneurial Intention ◽  
Entrepreneurial Intentions ◽  
Equation Modeling ◽  
Future Research ◽  
Venture Creation ◽  
Social Affiliation ◽  
Content Type

Purpose The purpose of this paper is to assess the extent to which personal values affect entrepreneurial intentions and the extent to which this relationship depends on gender among the millennial generation. Design/methodology/approach This relationship was examined using the list of values (LOV). Based on a sample of 600 respondents born between 1977 and 1994, a self-administered online questionnaire was conducted. Findings The partial least squares structural equation modeling (PLS-SEM) approach demonstrated that Generation Y members who give higher priority to self-direction, social affiliation and hedonic orientation values have greater entrepreneurial intentions. Across gender, the PLS-multigroup analysis (MGA) approach reveals that self-direction values enhance entrepreneurial intention for Generation Y females but not for males. Social affiliation values improve entrepreneurial intention for Generation Y males but not for females. Hedonic orientation values rise entrepreneurial intentions for both Generation Y males and females similarly. The findings give also a ranking of the nine LOV. Research limitations/implications Across-cultural comparisons are lacking in this research. This study only focuses on the value–intention relationship. Future research could study the value–attitude–behavior. Practical implications The results provide implications to all agents concerned by promoting new enterprises and feminine entrepreneurship regarding the implementation of personal values in fostering the venture creation process and stimulation of people to become business owners. Originality/value Little is known about the role of personal values in venture creation. The findings provide support for the role personal values play in building entrepreneurial intentions. The focus here was on Generation Y. The generation that faces problems of unemployment, job loss and poverty specifically in the time of crises of the COVID-19 pandemic. The value-based entrepreneurship approach is a proliferating field of research as the world seeks to rebuild economies.

Are women's entrepreneurial intentions and motivations influenced by financial skills?

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Josep Llados-Masllorens ◽  
Elisabet Ruiz-Dotras
Keyword(s):  
Financial Literacy ◽  
Cognitive Skills ◽  
Academic Research ◽  
Entrepreneurial Intention ◽  
University Education ◽  
Entrepreneurial Intentions ◽  
Female Entrepreneurs ◽  
Content Type ◽  
Entrepreneurial Culture

PurposeThis study aims to determine the contribution of financial skills to entrepreneurial intentions among women involved in university education.Design/methodology/approachClustering and logistic regression analyses were used to infer the determinants and motivators of entrepreneurial intention in a sample of women students at a Spanish online university.FindingsFinancial and numerical skills could play a significant role in boosting entrepreneurial culture, overcoming reticence and increasing awareness of business opportunities, particularly when women are motivated to increase their autonomy and income. The study offers meaningful implications for policymakers.Research limitations/implicationsFurther research will be needed before these conclusions may be inferred to other settings and circumstances. Comparison with a similar sample of potential male entrepreneurs may also be necessary to deduce the influence of gender.Practical implicationsThe introduction of certain financial content into the education system by governments and policymakers would produce remarkable results on entrepreneurship intention among women.Social implicationsRelational capital and positive social influences also contribute to mitigating the effects of risk aversion, one of the main barriers for potential female entrepreneurs.Originality/valueThe role of financial literacy in entrepreneurial intention among women has scarcely been addressed in academic research. The literature also has paid little attention to the analysis of what motivates women into entrepreneurship, and whether women who decide to embark on a business venture show different profiles. The aim of this study is to contribute to closing these gaps, exploring the effect of cognitive skills, personality traits, contextual factors and motivations.

An economic view of entrepreneurial intention

2020 ◽  
Vol 26 (8) ◽  
pp. 1807-1826
Author(s):  
Walid Adam Nakara ◽  
Rahma Laouiti ◽  
Roberto Chavez ◽  
Samiha Gharbi
Keyword(s):  
Economic Development ◽  
Longitudinal Data ◽  
Entrepreneurial Intention ◽  
Entrepreneurial Intentions ◽  
Content Type ◽  
Global Competitiveness ◽  
Level Of Economic Development ◽  
World Economic ◽  
Global Competitiveness Index

PurposeThe role of macrolevel factors in entrepreneurial intention remains as an underexplored issue in the literature. The purpose of this study is to reduce this gap by testing the effect of economic development on entrepreneurial intention.Design/methodology/approachThis study adopts a quantitative approach that formally tests for a quadratic relationship between economic development measured by the gross domestic product (GDP) and the Global Competitiveness Index (GCI)) and entrepreneurial intention based on longitudinal data covering 72 countries over the 2010–2016 period. Data are gathered from the Global Entrepreneurship Monitor (GEM), the International Monetary Fund (IMF) and the World Economic Forum (WEF).FindingsThe results reveal the existence of a U-shaped relationship between the country's GDP per capita and individuals' entrepreneurial intention. The results also support a similar relationship between GCI and entrepreneurial intention. These findings suggest that individuals' entrepreneurial intentions differ between countries depending on the level of economic development.Originality/valueTo the authors' knowledge, this article presents the first attempt to investigate the role of economic development on entrepreneurial intention based on longitudinal data covering a large sample of countries. Moreover, by providing evidence of a U-shaped relationship between economic progress and individuals' propensity to attempt an entrepreneurial career, this study enhances the understanding of the macrolevel determinants of entrepreneurial intention.

scholarly journals Entrepreneurial intention: perceived advantages and disadvantages

2014 ◽  
Vol 27 (2) ◽  
pp. 284-315 ◽  
Author(s):  
Inés Rueda Sampedro ◽  
Ana Fernández‐Laviada ◽  
Angel Herrero Crespo
Keyword(s):  
University Students ◽  
Quantitative Research ◽  
Entrepreneurial Intention ◽  
Structural Equations ◽  
Entrepreneurial Intentions ◽  
Content Type ◽  
Advantages And Disadvantages ◽  
Psychological Mechanisms ◽  
New Business ◽  
Negative Effect

Purpose Based on the Theory of Planned Behaviour, the purpose of this paper is to analyse the influence of the advantages and disadvantages of entrepreneurship surrounding the entrepreneurial intention on a university context. Design/methodology/approach To test the hypothesis it is used a quantitative research. With a structural equations approach, it is explored the psychological mechanisms that could affect to the entrepreneurial intentions of university students. Findings The results obtained show that the advantages related to entrepreneurship, in particular personal rewards, influence positively on the entrepreneurial attitude. However, the disadvantages, in particular economic aspects, have a negative effect. Additionally, the authors test that the gender and the academic training have a moderate effect on the variables which influence on the entrepreneurial intention. Originality/value This paper contributes to the literature on entrepreneurship in two important aspects. First, it goes into detail about the influence that perceived advantages and disadvantages of starting a new business has on entrepreneurial intentions. Second, the authors examine relevant and special collective, university students that try to decide their professional future and, hence, it is a critical period to decide the startup of a new business.

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