Entrepreneurial self-efficacy and entrepreneurial intention: The mediating role of the need for independence

PURPOSE: The paper focuses on assessing the direct effect of entrepreneurial self-efficacy and entrepreneurial intention and the indirect effect of the need for independence on the relationship between the constructs. Despite increased efforts towards steering the interest of young graduates towards...

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Autores principales: Victor Osadolor, Kalu Emmanuel Agbaeze, Ejikeme Emmanuel Isichei, Samuel Taiwo Olabosinde
Formato: article
Lenguaje:EN
Publicado: Nowy Sacz Business School National-Louis University 2021
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Acceso en línea:https://doaj.org/article/dad9d342f295490d8df0326c0e4f2aef
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spelling oai:doaj.org-article:dad9d342f295490d8df0326c0e4f2aef2021-11-18T09:46:05ZEntrepreneurial self-efficacy and entrepreneurial intention: The mediating role of the need for independence2299-732610.7341/20211744https://doaj.org/article/dad9d342f295490d8df0326c0e4f2aef2021-01-01T00:00:00Zhttps://jemi.edu.pl/uploadedFiles/file/all-issues/vol17/issue4/JEMI_Vol17_Issue4_2021_Article4.pdfhttps://doaj.org/toc/2299-7326PURPOSE: The paper focuses on assessing the direct effect of entrepreneurial self-efficacy and entrepreneurial intention and the indirect effect of the need for independence on the relationship between the constructs. Despite increased efforts towards steering the interest of young graduates towards entrepreneurial venture, the response rate has been rather unimpressive and discouraging, thus demanding the need to account for what factors could drive intention towards venture ownership among graduates in Nigeria. METHODOLOGY: A quantitative approach was adopted and a data set from 235 graduates was used for the study. The data was analyzed using the partial least square structural equation model (PLS-SEM). FINDINGS: It was found that self-efficacy does not significantly affect intention. It was also found that the need for independence affects entrepreneurial intention. The study found that the need for independence fully mediates the relationship between entrepreneurial self-efficacy and entrepreneurial intention. PRACTICAL IMPLICATIONS: This paper provides new insight into the behavioral reasoning theory, through its application in explaining the cognitive role of the need for independence in decision-making, using samples from a developing economy. ORIGINALITY AND VALUE: The study advances a new perspective on the underlining factors that account for an entrepreneur’s intent to start a business venture, most especially among young graduates in Nigeria, through the lens of the behavioral reasoning theory. We further support the application of the theory in entrepreneurship literature, given the paucity of studies that have adopted the theory despite its relevance.Victor OsadolorKalu Emmanuel AgbaezeEjikeme Emmanuel IsicheiSamuel Taiwo OlabosindeNowy Sacz Business School National-Louis Universityarticleself-efficacyentrepreneurial intentionindependenceself-beliefpls-semManagement. Industrial managementHD28-70BusinessHF5001-6182ENJournal of Entrepreneurship, Management and Innovation, Vol 17, Iss 4, Pp 91-119 (2021)
institution DOAJ
collection DOAJ
language EN
topic self-efficacy
entrepreneurial intention
independence
self-belief
pls-sem
Management. Industrial management
HD28-70
Business
HF5001-6182
spellingShingle self-efficacy
entrepreneurial intention
independence
self-belief
pls-sem
Management. Industrial management
HD28-70
Business
HF5001-6182
Victor Osadolor
Kalu Emmanuel Agbaeze
Ejikeme Emmanuel Isichei
Samuel Taiwo Olabosinde
Entrepreneurial self-efficacy and entrepreneurial intention: The mediating role of the need for independence
description PURPOSE: The paper focuses on assessing the direct effect of entrepreneurial self-efficacy and entrepreneurial intention and the indirect effect of the need for independence on the relationship between the constructs. Despite increased efforts towards steering the interest of young graduates towards entrepreneurial venture, the response rate has been rather unimpressive and discouraging, thus demanding the need to account for what factors could drive intention towards venture ownership among graduates in Nigeria. METHODOLOGY: A quantitative approach was adopted and a data set from 235 graduates was used for the study. The data was analyzed using the partial least square structural equation model (PLS-SEM). FINDINGS: It was found that self-efficacy does not significantly affect intention. It was also found that the need for independence affects entrepreneurial intention. The study found that the need for independence fully mediates the relationship between entrepreneurial self-efficacy and entrepreneurial intention. PRACTICAL IMPLICATIONS: This paper provides new insight into the behavioral reasoning theory, through its application in explaining the cognitive role of the need for independence in decision-making, using samples from a developing economy. ORIGINALITY AND VALUE: The study advances a new perspective on the underlining factors that account for an entrepreneur’s intent to start a business venture, most especially among young graduates in Nigeria, through the lens of the behavioral reasoning theory. We further support the application of the theory in entrepreneurship literature, given the paucity of studies that have adopted the theory despite its relevance.
format article
author Victor Osadolor
Kalu Emmanuel Agbaeze
Ejikeme Emmanuel Isichei
Samuel Taiwo Olabosinde
author_facet Victor Osadolor
Kalu Emmanuel Agbaeze
Ejikeme Emmanuel Isichei
Samuel Taiwo Olabosinde
author_sort Victor Osadolor
title Entrepreneurial self-efficacy and entrepreneurial intention: The mediating role of the need for independence
title_short Entrepreneurial self-efficacy and entrepreneurial intention: The mediating role of the need for independence
title_full Entrepreneurial self-efficacy and entrepreneurial intention: The mediating role of the need for independence
title_fullStr Entrepreneurial self-efficacy and entrepreneurial intention: The mediating role of the need for independence
title_full_unstemmed Entrepreneurial self-efficacy and entrepreneurial intention: The mediating role of the need for independence
title_sort entrepreneurial self-efficacy and entrepreneurial intention: the mediating role of the need for independence
publisher Nowy Sacz Business School National-Louis University
publishDate 2021
url https://doaj.org/article/dad9d342f295490d8df0326c0e4f2aef
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AT kaluemmanuelagbaeze entrepreneurialselfefficacyandentrepreneurialintentionthemediatingroleoftheneedforindependence
AT ejikemeemmanuelisichei entrepreneurialselfefficacyandentrepreneurialintentionthemediatingroleoftheneedforindependence
AT samueltaiwoolabosinde entrepreneurialselfefficacyandentrepreneurialintentionthemediatingroleoftheneedforindependence
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