Developing entrepreneurial intentions: what matters

Abstract

This study aims to identify the major personality traits and their impact on entrepreneurial intentions of Pakistani business students, specifically in terms of perceived support and perceived barriers. The study used a close ended questionnaire adopted from previous studies to collect data from 200 business students studying in business schools of Karachi, Pakistan, and applied the partial least square (PLS) method to analyse the relationships. Results revealed that attitude, innovativeness and risk taking ability have a profound effect on entrepreneurial intentions. Furthermore, study analysed results by dividing students into two categories education system, i.e., matric system and Cambridge system. Interestingly, risk taking ability and innovativeness were high among those students who studied from matric system which is contrary to perceived wisdom. Based on these findings, our study suggests devising awareness programs aimed at fostering student's attitude toward entrepreneurship and nurturing their creativity. For an in-depth analysis, study suggests focusing on high risk taking, innovative individuals to further understand what drives them.

Workplace Situation and Well-Being of Ecuadorian Self-Employed

“…This circumstance supports their precariousness and vulnerability to external shocks due to the fact that the self-employed, before the pandemic, was defined by a clear deterioration in the working conditions of micro-entrepreneurs determined by factors such as subsistence and the need for employment, financial, and economic resources [4]. This has led to a change in the work environment with profound consequences such as increased unemployment and online working [5].It is critical to identify and acknowledge the difficult conditions that self-employed workers face as a result of the global pandemic. Our approach is based on pointing out which are the labor factors that increase the well-being of the self-employed, so that the actions and measures that governments and companies take on these members of the workforce are adequate and provide a new labor context based on in sustainability.…”

Should spirituality be included in entrepreneurship education program curriculum to boost students’ entrepreneurial intention?

“…Changing inspiration and conduct systems were examined, many of which have demonstrated conflicting results (Covin et al, 2020). The extra examination has distinguished specific psychological attributes that would incline individuals toward adventure creation, like responsibility, constancy, need for accomplishment, locus of control, capacity to bear uncertainty, hazard inclination, drive, and awareness of chance (Embi et al, 2019;Meyer and Meyer, 2020;Mujahid et al, 2020). Nonetheless, psychological attributes have been demonstrated to be unfit to distinguish between entrepreneurs and nonentrepreneurs adequately because of the expected absence of agreement around such attributes.…”

Nascent entrepreneurs of millennial generations in the emerging market of Indonesia

“…Three big five personality traits (conscientiousness, disagreeableness and emotional stability) have a direct relationship with entrepreneurship (Mahmoud et al, 2020). Individual characteristics have been associated with entrepreneurs (Matos & Hall, 2020), and the more commonly observed and cited ones are risk-taking propensity, tolerance for ambiguity, internal locus of control, innovativeness, and independence (Embi et al, 2019;Mujahid et al, 2020;Ndofirepi, 2020). The contribution of values in entrepreneurial undertaking has received proportionately modest concern from scholars.…”

“…Individual characteristics were measured with brief Big Five inventories developed by Rammstedt and John (2007): the items are labelled Openness to Experience (P1), Extraversion (P2), Conscientiousness (P3), Agreeableness (P4) and Neuroticism (P5). Cultural beliefs of collectivism/individualism were estimated utilizing a six-item Hofstede's national culture insights (Minkov, 2018): the items are labelled self-interest (CV1), togetherness (CV2), group welfare (CV3), group success (CV4), individual goals Mujahid et al (2020) and Ndofirepi (2020): the items are risk-taking propensity (EC1), tolerance for ambiguity (EC2), internal locus of control (EC3), innovativeness (EC4), and independence (EC5). Entrepreneurial tendency was quantified with the Measure of Entrepreneurial Tendencies and Abilities (META), developed by Ahmetoglu et al (2015), which has four dimensions: Entrepreneurial Proactivity (ET1; 'I am quick to spot profitable opportunities'), Entrepreneurial Creativity (ET2; 'In groups, I usually have the most innovative ideas'), Entrepreneurial Opportunism (ET3; 'I try to take advantage of every profitable opportunity I see'), and Entrepreneurial Vision (ET4; 'I want to make a difference in the world').…”