The effects of demographic, cognitive and institutional factors on development of entrepreneurial intention: Toward a socio-cognitive model of entrepreneurial career

Upon a well-established theoretical foundation Social Cognitive Career Theory; Lent, Brown, and Hackett (J Vocat Behav 45:79–122, 1994 ; J Couns Psychol 47:36–49, 2000 ), this study examines the effects of cognitive, affective, social, demographic, and contextual factors on the development of entrep...

Full description

Saved in:
Bibliographic Details
Published in:Journal of international entrepreneurship 2015-12, Vol.13 (4), p.452-476
Main Author: Dehghanpour Farashah, Ali
Format: Article
Language:English
Subjects:
Business Administration
Business and Management
Careers
Cognition & reasoning
Cognitive models
Demographics
entrepreneurial intention
Entrepreneurs
Entrepreneurship
Entrepreneurship education
Företagsekonomi
Hypotheses
Industrial Economics and Organisations
industriell ekonomi och organisation
Influence
institutional profile
International Economics
Management
Microeconomics
outcome expectations
Personality traits
Role models
Self-efficacy
Social cognitive career theory
Social networks
Sociology
Citations: Items that this one cites
Items that cite this one
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:Upon a well-established theoretical foundation Social Cognitive Career Theory; Lent, Brown, and Hackett (J Vocat Behav 45:79–122, 1994 ; J Couns Psychol 47:36–49, 2000 ), this study examines the effects of cognitive, affective, social, demographic, and contextual factors on the development of entrepreneurial intention. To test the hypotheses, binary logistic regression analysis was conducted using data from Global Entrepreneurship Monitor survey in which 183,049 individuals nested within 54 countries that participated. Entrepreneurial self-efficacy beliefs and entrepreneurial career outcome expectations are significantly correlated with entrepreneurial intention. Mastery experience including previous business ownership, entrepreneurial activity as part of a regular job or investing in a venture, exposure to a role model, social persuasion through media, and fear of failure are significant sources of entrepreneurial self-efficacy. A moderate relationship exists between country-level institutional profile and the sources of self-efficacy.
ISSN:1570-7385
1573-7349
1573-7349
DOI:10.1007/s10843-015-0144-x