Self-efficacy to entrepreneurship intention: Role of entrepreneurial passion and role models
DOI:
https://doi.org/10.15549/jeecar.v10i7.1412Keywords:
Self-Efficacy, Entrepreneurial Passion, Role Models, Entrepreneurship IntentionAbstract
This study investigates the effects of self-efficacy, entrepreneurial passion, and role models on entrepreneurship intention. The research is conducted through a survey method and multivariate data analysis. Students at a number of universities in Vietnam were sent questionnaires to complete in order to gather data. 446 valid sample data were assessed using a structural equation model. The findings show that: entrepreneurship intention is positively influenced by self-efficacy; self-efficacy positively affects entrepreneurial passion; entrepreneurial passion strongly influences entrepreneurship intention; entrepreneurial passion mediates the relationship between self-efficacy and entrepreneurship intention; role models act as a moderator in the relationship between entrepreneurial passion and entrepreneurship intention. The study suggests measures that universities can create in specific contexts and cultures to support the business activities of university students. This will add positive energy for students to enter the entrepreneurial path as well as nurture creative talents Further research is encouraged using a longitudinal design to examine the determinants of entrepreneurship intention at two or more different points in time.
References
Abbasianchavari, A., & Moritz, A. (2021). The impact of role models on entrepreneurial intentions and behavior: a review of the literature. Management Review Quarterly, 71, 1-40. https://doi.org/10.1007/s11301-019-00179-0 DOI: https://doi.org/10.1007/s11301-019-00179-0
Abdelfattah, F., Al Halbusi, H., & Al-Brwani, R. M. (2022). Influence of self-perceived creativity and social media use in predicting E-entrepreneurial intention. International Journal of Innovation Studies, 6(3), 119-127. https://doi.org/10.1016/j.ijis.2022.04.003 DOI: https://doi.org/10.1016/j.ijis.2022.04.003
Adha, M. A., Wibowo, A., Faslah, R., Ariyanti, N. S., & Lutfia, A. (2022). Students’ ideal career in the 4.0 Industrial. Journal of Eastern European and Central Asian Research (JEECAR), 9(4), 651 - 664. https://doi.org/10.15549/jeecar.v9i4.928 DOI: https://doi.org/10.15549/jeecar.v9i4.928
Alferaih, A. (2022). Starting a new business? Assessing university students’ intentions towards digital entrepreneurship in Saudi Arabia. International Journal of Information Management Data Insights, 2(2), 100087. https://doi.org/10.1016/j.jjimei.2022.100087 DOI: https://doi.org/10.1016/j.jjimei.2022.100087
Arya, V., Sethi, D., & Paul, J. (2019). Does digital footprint act as a digital asset? Enhancing brand experience through remarketing. International Journal of Information Management, 49, 142-156. https://doi.org/10.1016/j.ijinfomgt.2019.03.013 DOI: https://doi.org/10.1016/j.ijinfomgt.2019.03.013
Bandura, A. (1986). Social foundations of thought and action: A social cognitive theory. Englewood Cliffs, NJ: Prentice-Hall.
Bandura, A. (1991). Social cognitive theory of self-regulation. Organizational behavior and human decision processes, 50(2), 248-287. https://doi.org/10.1016/0749-5978(91)90022-l DOI: https://doi.org/10.1016/0749-5978(91)90022-L
Baron, R. A., & Hmieleski, K. M. (2018). Essentials of entrepreneurship second edition: Changing the world, one idea at a time. Edward Elgar Publishing.
Bello, B., Mattana, V., & Loi, M. (2018). The power of peers: A new look at the impact of creativity, social context and self-efficacy on entrepreneurial intentions. International Journal of Entrepreneurial Behavior & Research, 24(1), 214-233. https://doi.org/10.1108/IJEBR-07-2016-0205 DOI: https://doi.org/10.1108/IJEBR-07-2016-0205
Breugst, N., Domurath, A., Patzelt, H., & Klaukien, A. (2012). Perceptions of entrepreneurial passion and employees’ commitment to entrepreneurial ventures. Entrepreneurship theory and practice, 36(1), 171-192. https://doi.org/10.1111/j.1540-6520.2011.00491 DOI: https://doi.org/10.1111/j.1540-6520.2011.00491.x
Byrne, J., Fattoum, S., & Diaz Garcia, M. C. (2019). Role models and women entrepreneurs: Entrepreneurial superwoman has her say. Journal of Small Business Management, 57(1), 154-184. https://doi.org/10.1111/jsbm.12426 DOI: https://doi.org/10.1111/jsbm.12426
Campos, H. M. (2016). The role of creativity in mediating the relationship between entrepreneurial passion and entrepreneurial alertness. Revista brasileira de gestão de negócios, 18, 457-472. https://doi.org/10.1111/jsbm.12426 DOI: https://doi.org/10.7819/rbgn.v18i61.3010
Cardon, M. S., Post, C., & Forster, W. R. (2017). Team entrepreneurial passion: Its emergence and influence in new venture teams. Academy of Management Review, 42(2), 283-305. https://doi.org/10.5465/amr.2014.0356 DOI: https://doi.org/10.5465/amr.2014.0356
Cardon, M. S., Wincent, J., Singh, J., & Drnovsek, M. (2009). The nature and experience of entrepreneurial passion. Academy of Management Review, 34(3), 511–532. https://doi.org/10.5465/amr.2009.40633190 DOI: https://doi.org/10.5465/amr.2009.40633190
Carr, J. C., & Sequeira, J. M. (2007). Prior family business exposure as intergenerational influence and entrepreneurial intent: A theory of planned behavior approach. Journal of business research, 60(10), 1090-1098. https://doi.org/10.1016/j.jbusres.2006.12.016 DOI: https://doi.org/10.1016/j.jbusres.2006.12.016
Chen, M. (2020). The research of human individual’s conformity behavior in emergency situations. Library Hi Tech, 38(3), 593-609. https://doi.org/10.1108/LHT-08-2018-0113 DOI: https://doi.org/10.1108/LHT-08-2018-0113
Chen, X. P., Yao, X., & Kotha, S. (2009). Entrepreneur passion and preparedness in business plan presentations: a persuasion analysis of venture capitalists' funding decisions. Academy of Management journal, 52(1), 199-214. https://doi.org/10.5465/amj.2009.36462018 DOI: https://doi.org/10.5465/amj.2009.36462018
Choukir, J., Aloulou, W. J., Ayadi, F., & Mseddi, S. (2019). Influences of role models and gender on Saudi Arabian freshman students’ entrepreneurial intention. International Journal of Gender and Entrepreneurship, 11(2), 186-206. https://doi.org/10.1108/IJGE-08-2018-0083 DOI: https://doi.org/10.1108/IJGE-08-2018-0083
Fellnhofer, K. (2017). The power of passion in entrepreneurship education: Entrepreneurial role models encourage passion?. Journal of entrepreneurship education, 20(1), 58. PMID: 29877516; PMCID: PMC5985942.
Ferreira-Neto, M. N., de Carvalho Castro, J. L., de Sousa-Filho, J. M., & de Souza Lessa, B. (2023). The role of self-efficacy, entrepreneurial passion, and creativity in developing entrepreneurial intentions. Frontiers in Psychology, 14. doi: 10.3389/fpsyg.2023.1134618 DOI: https://doi.org/10.3389/fpsyg.2023.1134618
Fesharaki, F. (2019). Entrepreneurial passion, self-efficacy, and spiritual intelligence among Iranian SME owner–managers. Psychological Studies, 64(4), 429-435. https://doi.org/10.1007/s12646-019-00507-0 DOI: https://doi.org/10.1007/s12646-019-00507-0
Gielnik, M. M., Uy, M. A., Funken, R., & Bischoff, K. M. (2017). Boosting and sustaining passion: A long-term perspective on the effects of entrepreneurship training. Journal of Business Venturing, 32(3), 334-353. https://doi.org/10.1016/j.jbusvent.2017.02.003 DOI: https://doi.org/10.1016/j.jbusvent.2017.02.003
Godwin, J. L., Neck, C. P., & D’Intino, R. S. (2016). Self-leadership, spirituality, and entrepreneur performance: A conceptual model. Journal of management, spirituality & religion, 13(1), 64-78. https://doi.org/10.1080/14766086.2015.1122546 DOI: https://doi.org/10.1080/14766086.2015.1122546
Hair Jr, J. F., Sarstedt, M., Ringle, C. M., & Gudergan, S. P. (2017). Advanced issues in partial least squares structural equation modeling. SAGE publications. DOI: https://doi.org/10.1007/978-3-319-05542-8_15-1
Hair, J. F., Risher, J. J., Sarstedt, M., & Ringle, C. M. (2019). When to use and how to report the results of PLS-SEM. European business review, 31(1), 2-24. https://doi.org/10.1108/EBR-11-2018-0203 DOI: https://doi.org/10.1108/EBR-11-2018-0203
Henseler, Hubona, G., & Ray, P. (2016). Using PLS path modeling in new technology research: updated guidelines. Industrial Management & Data Systems, 116(1), 2-20. https://doi.org/10.1108/IMDS-09-2015-0382 DOI: https://doi.org/10.1108/IMDS-09-2015-0382
Hsu, D. K., Wiklund, J., & Cotton, R. D. (2017). Success, failure, and entrepreneurial reentry: An experimental assessment of the veracity of self–efficacy and prospect theory. Entrepreneurship theory and practice, 41(1), 19-47. https://doi.org/10.1111/etap.12166 DOI: https://doi.org/10.1111/etap.12166
Hubner, S., Baum, M., & Frese, M. (2020). Contagion of entrepreneurial passion: Effects on employee outcomes. Entrepreneurship Theory and Practice, 44(6), 1112-1140. https://doi.org/10.1177/1042258719883995 DOI: https://doi.org/10.1177/1042258719883995
Kumar, S., & Das, S. (2019). An extended model of theory of planned behaviour: Entrepreneurial intention, regional institutional infrastructure and perceived gender discrimination in India. Journal of Entrepreneurship in Emerging Economies, 11(3), 369-391. https://doi.org/10.1108/JEEE-09-2018-0089 DOI: https://doi.org/10.1108/JEEE-09-2018-0089
Li, C., Murad, M., Shahzad, F., Khan, M. A. S., Ashraf, S. F., & Dogbe, C. S. K. (2020). Entrepreneurial passion to entrepreneurial behavior: role of entrepreneurial alertness, entrepreneurial self-efficacy and proactive personality. Frontiers in psychology, 11, 1611. doi: 10.3389/fpsyg.2020.01611 DOI: https://doi.org/10.3389/fpsyg.2020.01611
Liñán, F., & Chen, Y. W. (2009). Development and cross–cultural application of a specific instrument to measure entrepreneurial intentions. Entrepreneurship theory and practice, 33(3), 593-617. https://doi.org/10.1111/j.1540-6520.2009.0031 DOI: https://doi.org/10.1111/j.1540-6520.2009.00318.x
Luo, M., Zhao, L., & Lyu, B. (2022). Exploring the Fuzzy Integrated Assessment of College Students’ Education for Innovative Entrepreneurship under the Background of Internet+. Security and Communication Networks, 2022. https://doi.org/10.1155/2022/4339772 DOI: https://doi.org/10.1155/2022/4339772
Maheshwari, G., Kha, K. L., & Arokiasamy, A. R. A. (2022). Factors affecting students’ entrepreneurial intentions: a systematic review (2005–2022) for future directions in theory and practice. Management Review Quarterly, 1-68. https://doi.org/10.1007/s11301-022-00289-2 DOI: https://doi.org/10.1007/s11301-022-00289-2
McGee, J. E., & Peterson, M. (2019). The long‐term impact of entrepreneurial self‐efficacy and entrepreneurial orientation on venture performance. Journal of small business management, 57(3), 720-737. DOI: 10.1111/jsbm.12324 DOI: https://doi.org/10.1111/jsbm.12324
Meyer, N., & Sroka, W. (2021). A theoretical analysis of social entrepreneurship: The case of Poland and South Africa. Journal of Eastern European and Central Asian Research (JEECAR), 8(1), 133-148. https://doi.org/10.15549/jeecar.v8i1.596 DOI: https://doi.org/10.15549/jeecar.v8i1.596
Nauta, M. M., & Kokaly, M. L. (2001). Assessing role model influences on students' academic and vocational decisions. Journal of career assessment, 9(1), 81-99. https://doi.org/10.1177/106907270100900106 DOI: https://doi.org/10.1177/106907270100900106
Neneh, B. N. (2022). Entrepreneurial passion and entrepreneurial intention: the role of social support and entrepreneurial self-efficacy. Studies in Higher Education, 47(3), 587-603. https://doi.org/10.1080/03075079.2020.1770716 DOI: https://doi.org/10.1080/03075079.2020.1770716
Newman, A., Obschonka, M., Schwarz, S., Cohen, M., & Nielsen, I. (2019). Entrepreneurial self-efficacy: A systematic review of the literature on its theoretical foundations, measurement, antecedents, and outcomes, and an agenda for future research. Journal of vocational behavior, 110, 403-419. https://doi.org/10.1016/j.jvb.2018.05.012 DOI: https://doi.org/10.1016/j.jvb.2018.05.012
Nowiński, W., & Haddoud, M. Y. (2019). The role of inspiring role models in enhancing entrepreneurial intention. Journal of Business Research, 96, 183-193. https://doi.org/10.1016/j.jbusres.2018.11.005 DOI: https://doi.org/10.1016/j.jbusres.2018.11.005
Oktavio, A., Mitasari, R., Sinarta, Y., Kusumawidjaya, E., Wijaya, V., & Widyawati, C. (2023). Indonesian students’ entrepreneurial behavior: The effect of creativity, passion, alertness and intention. Journal of Eastern European and Central Asian Research (JEECAR), 10(2), 227-237. https://doi.org/10.15549/jeecar.v10i2.1039 DOI: https://doi.org/10.15549/jeecar.v10i2.1039
Shapiro, S. P. (1987). The social control of impersonal trust. American journal of Sociology, 93(3), 623-658. https://doi.org/10.1086/228791 DOI: https://doi.org/10.1086/228791
Türk, S., Zapkau, F. B., & Schwens, C. (2020). Prior entrepreneurial exposure and the emergence of entrepreneurial passion: the moderating role of learning orientation. Journal of Small Business Management, 58(2), 225-258. https://doi.org/10.1080/00472778.2019.1659678 DOI: https://doi.org/10.1080/00472778.2019.1659678
Vallerand, R. J., Blanchard, C., Mageau, G. A., Koestner, R., Ratelle, C., Léonard, M., ... & Marsolais, J. (2003). Les passions de l'ame: on obsessive and harmonious passion. Journal of personality and social psychology, 85(4), 756. DOI: https://doi.org/10.1037/0022-3514.85.4.756
Wu, J., Alshaabani, A., & Rudnák, I. (2022). Testing the influence of self-efficacy and demographic characteristics among international students on entrepreneurial intention in the context of Hungary. Sustainability, 14(3), 1069. https://doi.org/10.3390/su14031069 DOI: https://doi.org/10.3390/su14031069
Youssef, A. B., Boubaker, S., Dedaj, B., & Carabregu-Vokshi, M. (2021). Digitalization of the economy and entrepreneurship intention. Technological Forecasting and Social Change, 164, 120043. https://doi.org/10.1016/j.techfore.2020.120043 DOI: https://doi.org/10.1016/j.techfore.2020.120043
Zheng, Y., & Liu, S. (2022). Bibliometric analysis for talent identification by the subject–author–citation three-dimensional evaluation model in the discipline of physical education. Library Hi Tech, 40(1), 62-79. https://doi.org/10.1108/LHT-12-2019-0248 DOI: https://doi.org/10.1108/LHT-12-2019-0248
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2023 Thuy Doan Thi Thanh, Viet Le Hoai, Vie Le Hoai
This work is licensed under a Creative Commons Attribution 4.0 International License.
The JEECAR journal allows the author(s) to hold the copyright and publishing rights of their own manuscript without restrictions.
This journal applies the Creative Attribution Common License to works we publish, and allows reuse and remixing of its content, in accordance with a CC-BY 4.0 license.
Authors are free to: Share — copy and redistribute the material in any medium or format and Adapt — remix, transform, and build upon the material for any purpose, even commercially.
Under the following terms: Attribution — You must give appropriate credit, provide a link to the license, and indicate if changes were made. You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.
No additional restrictions — The author may not apply legal terms or technological measures that legally restrict others from doing anything the license permits.
The JEECAR Journal is committed to the editorial principles of all aspects of publication ethics and publication malpractice as assigned by the Committee on Public Ethics.