The Direct Role of Anticipated Regret in the Formation of Student’s Entrepreneurial Intention

2019 ◽  
Vol 27 (04) ◽  
pp. 385-417 ◽  
Author(s):  
Rym Bouderbala
Keyword(s):  
Entrepreneurial Intention ◽  
Positive Influence ◽  
Motivational Factors ◽  
Entrepreneurial Intentions ◽  
Hierarchical Regression ◽  
Anticipated Regret ◽  
Direct Role ◽  
Emotional Factors ◽  
Start Up

The most widely used entrepreneurial intention models explain only cognitive motivational factors. However, psychological studies reveal that emotional factors and counterfactual thinking such as anticipated affect also explain the intention and then behaviour. The objective of this research is to identify the role of anticipated regret in forming students’ entrepreneurial intentions. To test the hypotheses of the conceptual model integrating anticipated regret among the antecedent motivational factors to entrepreneurial intention, a hierarchical regression technique has been adopted. Data have been collected from 266 students in management degree. Our results show that anticipated regret, as well as attitude towards business start-up and perceived behavioural control, have a direct and positive influence on entrepreneurial intention described in the theory of planned behaviour. This study contributes to extend prior cognition-based explanations of the origin of earlier stages in an entrepreneurial journey.

scholarly journals Entrepreneurial Intention: The Moderating Role of Improvisation on Student Faculty of Economics, State University of Malang

2021 ◽  
Vol 2 (4) ◽  
pp. 318-335
Author(s):  
Desi Anggrianto ◽  
Ery Tri Djatmika ◽  
Wening Patmi Rahayu
Keyword(s):  
Self Efficacy ◽  
Entrepreneurial Intention ◽  
Subjective Norms ◽  
Entrepreneurial Intentions ◽  
Male Students ◽  
Hierarchical Regression ◽  
State University ◽  
Analysis Techniques ◽  
Moderating Role

Scholars and students are believed to be capable of becoming educated entrepreneurs and opening job vacancies to overcome unemployment. This research was carried out to investigate the entrepreneurial intention of students of the Faculty of Economics, Universitas Negeri Malang, in which the entrepreneurial intention is the closest to the act of entrepreneurship. This research is a quantitative study using analysis techniques hierarchical regression. The results showed that entrepreneurial intention was influenced by self-efficacy and improvisation, while personality and subjective norms did not affect the entrepreneurial intention. The interaction relationship between self-efficacy and improvisation affected negatively on entrepreneurial intentions. Male students were found to have higher entrepreneurial intentions than women.

scholarly journals Drivers of entrepreneurial intentions on undergraduate students

2020 ◽  
Vol 2 (2) ◽  
pp. 31-35
Author(s):  
Praptini Yulianti ◽  
Evi Setyo Lestari
Keyword(s):  
Undergraduate Students ◽  
Undergraduate Student ◽  
Self Efficacy ◽  
Entrepreneurial Intention ◽  
Positive Influence ◽  
Business Development ◽  
Entrepreneurial Intentions ◽  
Mediating Role ◽  
The Relationship

The growing number of café businesses makes undergraduate students attracting to the enterprise. The purpose of this study is to examine the relationship between Entrepreneurial Self-Efficacy (ESE) on entrepreneurial intention with the mediating role of attitude toward entrepreneurship. This study is providing questionnaires on the respondent. Total respondents are from 92 undergraduate students as the owner of a cafe business in Surabaya, Indonesia. This study examines two hypotheses by smart PLS. Entrepreneurial self-efficacy has a significant and positive influence on entrepreneurial intention. Attitude toward entrepreneurial is partially mediating the relationship between entrepreneurial self-efficacy with entrepreneurial intention. Entrepreneurial self-efficacy includes beliefs about the capabilities of achieving desired outcomes as well as beliefs about one's abilities to complete tasks. ESE is crucial to building entrepreneurial intention because the survival of a business does not merely depend on success but also seeks opportunities in business development. Entrepreneurial self-efficacy is a crucial factor that should be had by the undergraduate student as an owner of a business. By having a higher entrepreneurial self-efficacy, the better impact on an entrepreneur has perceived competence for successfully starting a new enterprise.

Institutional Environment, Entrepreneurial Self-Efficacy and Entrepreneurial Intention of Company Employees

1970 ◽  
Vol 3 (1) ◽  
pp. 1-9
Author(s):  
Devi Angrahini Anni Lembana ◽  
Yu Yu Chang ◽  
Wen Ke Liang
Keyword(s):  
Self Efficacy ◽  
Institutional Environment ◽  
Practical Experience ◽  
Entrepreneurial Intention ◽  
Entrepreneurial Intentions ◽  
New Venture ◽  
Hierarchical Regression ◽  
Market Demand ◽  
Extrinsic Factors ◽  
Intrinsic Factors

From the intentionality-based view, individuals' actual behaviors to initiate a new venture is driven by their entrepreneurial intentions. Company employees have accumulated professionalism and practical experience, which both enable them to discover some unmet market demand and industrial gaps. However, in establishing a new business, not everyone with certain knowledge or expertise has the desire to become an entrepreneur. Prior research has shown that entrepreneurial intentions are under the profound influences of intrinsic factors and extrinsic factors. On the one hand, entrepreneurial self-efficacy is one of the key psychological states that makes someone dare to initiate entrepreneurial activities. Institutional environment, on the other hand, can either enhance and hinder an individuals' entrepreneurial motivation by offering incentives or causing barriers. Little work has been done to understand how the institutional environment and entrepreneurial self-efficacy jointly affect company employees' intention to quit their job and start an enterprising career. By using hierarchical regression on a sample of 325 Indonesian company employees, this paper shows that the entrepreneurial cognition and entrepreneurial self-efficacy are positively related to employees' entrepreneurial intentions. Also, entrepreneurial self-efficacy strengthens the effect of normative Approval on entrepreneurial intention, whereas the regulatory Support from Government is detrimental to company employees' intention to start a new venture regardless the entrepreneurial self-efficacy is high or low.

scholarly journals Impact of Entrepreneurial Education on Entrepreneurial Intentions of Pakistani Students

2015 ◽  
Vol 2 (1) ◽  
pp. 43 ◽  
Author(s):  
Altaf Hussain ◽  
Dr. Norashidah
Keyword(s):  
Business Students ◽  
Entrepreneurial Intention ◽  
Important Variable ◽  
Entrepreneurial Intentions ◽  
Theoretical Knowledge ◽  
Network Development ◽  
Entrepreneurial Education ◽  
Entrepreneurship Research ◽  
Study Results

Why an individual prefer to become an entrepreneur and what factor motivated his intentions for becoming an entrepreneur is considered important question in entrepreneurship research. Entrepreneurial education is considered an important variable which effect on entrepreneurial intentions. However, empirical research results on entrepreneurial education and entrepreneurial intention yielded mixed results. To investigate further this question from developing countries perspective, this paper looks at the role of entrepreneurial education in developing the entrepreneurial intentions for becoming entrepreneur. The sample for this study composed of final year business students from Pakistan. The result of this study supports the entrepreneurial intentions model based on the theory of planned behavior. The results further suggested significant influence of entrepreneurial education on entrepreneurial intentions of the students. Moreover, this study results also showed that theoretical knowledge of entrepreneurship (know-what) and knowledge of social network development (know-who) component are vital for imparting entrepreneurial education.

scholarly journals Análise dos constructos comportamentais do empreendedorismo sustentável de estudantes universitários brasileiros

2019 ◽  
Vol 12 (4) ◽  
pp. 718
Author(s):  
Luis Eduardo Brandão Paiva ◽  
Tereza Cristina Batista de Lima ◽  
Silvia Maria Dias Pedro Rebouças ◽  
Rômulo Alves Soares
Keyword(s):  
University Students ◽  
Entrepreneurial Intention ◽  
Positive Influence ◽  
Entrepreneurial Intentions ◽  
Sustainable Entrepreneurship ◽  
Academic Context ◽  
Entrepreneurial Intent ◽  
Entrepreneurial Activities ◽  
The University ◽  
Behavioral Constructs

Research on entrepreneurial intention stands out in the academic context and addresses several determinants related to the behavioral nature influencing entrepreneurship. Consequently, the following behavioral constructs were used for sustainable entrepreneurship: attitude towards self-employment; orientation towards sustainability; propensity to innovate; barriers and facilities for entrepreneurial activities; and entrepreneurs in the immediate family. This study aimed to analyze the influence of the behavioral constructs of sustainable entrepreneurship on the entrepreneurial intentions of university students. Based on a sample of 318 students enrolled on an administration course at the Federal University of Ceará, statistical techniques of data analysis were applied, namely factorial analysis, inferential statistics (t-test and Mann-Whitney test), logistic regression and Classification and Regression Trees (CART). Three hypotheses were constructed in this study based on the literature: (i) there is a positive influence between the orientation towards the sustainability of university students and their entrepreneurial intention, (ii) there is a positive influence between the propensity to innovate and the entrepreneurial intention of the university students, and (iii) having entrepreneurs in the immediate family contributes positively to the entrepreneurial intent of university students. It was noted that, in general, students most likely to have entrepreneurial intent are those most concerned with environmental issues, that are stimulating and original, and have immediate relatives that are entrepreneurs.

scholarly journals The mediating role of passion in entrepreneurship intention: Identity centrality and role models increase passion

2020 ◽  
Vol 10 (1) ◽  
Author(s):  
Doan Thi Thanh Thuy ◽  
Nguyen Tran Cam Linh ◽  
Nguyen Ngoc Dan Thanh
Keyword(s):  
Role Models ◽  
Quantitative Research ◽  
Role Model ◽  
Entrepreneurial Intentions ◽  
Mediating Role ◽  
Entrepreneurial Passion ◽  
Start Up ◽  
Identity Centrality ◽  
Entrepreneurial Role

Entrepreneurial passion is the key to starting a business. Passion motivates desire so that entrepreneurs strive to achieve success. Passion is not only the experience of intense emotions but also a part of identity centrality. On the other hand, an individual’s entrepreneurial decisions can be influenced by the opinions and behaviors conveyed by others and a person's career ambitions can be significantly stimulated if they have a role model. The role model, in addition to inspiration, also plays an important role in helping individuals learn to identify themselves so entrepreneurial role models impart entrepreneurial passion for individuals to shape entrepreneurial intentions. Hence, the purpose of this paper is to examine the mediating role of passion in both relationships: between entrepreneurial identity centrality and entrepreneurship intention as well as between the entrepreneurial role model and entrepreneurship intention. The study is a quantitative research, data is surveyed in a single time collected from a population. 531 questionnaires are distributed to young people who are studying and working in Ho Chi Minh City and has the intention to start-up their own business. The findings of the research show that both above relationships are significantly mediated by passion. The research could support the theory of distal and proximal antecedence that influence entrepreneurship intention for students.

The power of peers

2018 ◽  
Vol 24 (1) ◽  
pp. 214-233 ◽  
Author(s):  
Benedetta Bellò ◽  
Veronica Mattana ◽  
Michela Loi
Keyword(s):  
Social Context ◽  
Self Efficacy ◽  
Complex Dynamics ◽  
Mediating Effect ◽  
Entrepreneurial Intentions ◽  
Hierarchical Regression ◽  
Content Type ◽  
Conducting Research ◽  
The Relationship

Purpose Although the role of creativity in the entrepreneurial process has long been analysed, only recently scholars have begun addressing its influence on entrepreneurial intentions, showing that complex dynamics characterise this relationship. The purpose of this paper is to understand the surrounding mechanisms (moderation and mediation) that connect creativity to entrepreneurial intentions, with a focus on social context and entrepreneurial self-efficacy. Design/methodology/approach A structured questionnaire was administered to a sample of 507 students from 17 to 21 years old. The effect of creativity on entrepreneurial intentions and the moderating role of social context were tested with a three-step hierarchical regression, while the mediating effect of self-efficacy was tested by a multiple regression analysis based on the bootstrapping method. Findings The results reveal that: peers who encourage entrepreneurship moderate the relationship between creativity and entrepreneurial intentions by strengthening this relationship, and entrepreneurial self-efficacy mediates the relationship between creativity and entrepreneurial intentions. Research limitations/implications In light of these results, institutions should draw attention to how creative potential in students differs in order to provide new educational programmes to strengthen self-efficacy in entrepreneurial students and support encouraging social context of peers in which entrepreneurial intentions can be fostered. Originality/value The study, by responding to the suggestions of conducting research on the interface between creativity and entrepreneurship (Shane and Nicolaou, 2015), brings new empirical details regarding the mechanisms that link creativity to entrepreneurial intentions. Furthermore, it casts light on the interaction between dispositional and social variables, showing the crucial role of peers in enhancing the interaction between creativity and intentions.

Understanding nascent women entrepreneurs: an exploratory investigation into their entrepreneurial intentions

2020 ◽  
Vol 35 (6) ◽  
pp. 553-566
Author(s):  
Wisuwat Wannamakok ◽  
Yu-Yu Chang
Keyword(s):  
Role Models ◽  
Women Entrepreneurs ◽  
Entrepreneurial Intention ◽  
Positive Influence ◽  
Entrepreneurial Intentions ◽  
Fear Of Failure ◽  
Future Research ◽  
Content Type ◽  
Entrepreneurial Knowledge ◽  
Economic Landscape

Purpose Women entrepreneurs are having increasingly profound impacts on the global economic landscape, although little is known about what supports or restricts women’s entrepreneurial attempts. The purpose of this paper is to explore the perceptual (i.e. presence of role models and fear of failure) and cognitive (i.e. opportunity recognition and entrepreneurial knowledge) mechanisms that influence a women’s choice of an entrepreneurial career. Design/methodology/approach A transnational sample of 9,716 women participating in global entrepreneurship monitor (GEM) survey was examined using logistical regression analysis. Findings The results indicate that role models, opportunity discovery and entrepreneurial knowledge have a significant and positive influence on female respondents’ entrepreneurial intentions. Interestingly, fear of failure is not related to their entrepreneurial intention, which challenges the prevailing assumption that the worries about new venture outcomes are the primary suppressor of women’s entrepreneurship. Originality/value This study sheds new light on the intention of becoming women entrepreneurs, which has multiple implications for originality/value. This study sheds new light on the intention of becoming women entrepreneurs, which has many implications for policymakers. Moreover, theoretical contributions and directions for future research are discussed.

scholarly journals The influence of collectivistic personal values on the formation of entrepreneurial intentions

2020 ◽  
Vol 38 (5) ◽  
pp. 449-473 ◽  
Author(s):  
Juan Alberto Hueso ◽  
Inmaculada Jaén ◽  
Francisco Liñán ◽  
Whysnianti Basuki
Keyword(s):  
Personal Values ◽  
Entrepreneurial Intention ◽  
Subjective Norms ◽  
Entrepreneurial Intentions ◽  
Personal Attitude ◽  
The United Kingdom ◽  
Personal Value ◽  
Negative Effect ◽  
Positive Effect

This article analyses the specific role of collectivistic personal values as an antecedent of entrepreneurial intention. While previous studies have focused on individualistic values, the influence of collectivistic values has remained largely ignored. We study this influence on a sample of 413 university students from the United Kingdom and Spain. The results are consistent in both countries, suggesting that an emphasis on collectivistic personal values triggers an indirect, negative effect on entrepreneurial intentions through both personal attitude and perceived behavioural control. However, it also induces an indirect positive effect through subjective norms. The study indicates that not only individualistic values but the complete personal-value structure is influential in explaining the formation of entrepreneurial intentions.

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