Entrepreneurial attitude in female Latin American university students: internal and external influences

Abstract

Purpose The aim of this study is to examine the influence of locus of control, the university environment and the social environment on the entrepreneurial attitude of female Latin American university students. Design/methodology/approach The study applies a quan–qual design. The quan section analyzes the data of 10,781 female university students from 11 Latin American countries included in the Global University Entrepreneurial Spirit Students Survey 2018. A hierarchical multiple regression analysis was applied. The qual section applies in-depth interviews for sequential methodological triangulation analysis. Findings The evidence indicates that locus of control, the university environment and the social environment positively impact the entrepreneurial attitude of female Latin American university students. The most influential factor was locus of control. Originality/value This empirical study focuses on female university students and their propensity for business venturing and determines the main influences on their entrepreneurial attitudes.

¿Qué influencia tienen aspectos relacionados con la personalidad y el entorno en la actitud y el desempeño emprendedor de mujeres universitarias latinoamericanas?

“…Particularmente en nuestro primer análisis hemos encontrado resultados concretos en cuanto a la influencia de la personalidad y el entorno en la actitud emprendedora [14]:…”

Characteristics of the leaders of social and environmental enterprises in Latin America and the relationship with the success of their businesses

“…Authentic commitment to a social or environmental cause: The inspirational leader communicates the company's purpose and goals (Maignan and Ferrell, 2004) and keeps all employees emotionally connected to the company. This commitment creates a sense of purpose and shared values throughout the organization, which Social and environmental enterprises can strengthen team cohesion and improve collaboration (Víquez-Paniagua et al, 2022).…”

“…Effective communication is strongly influenced by a good leadership style that creates a collaborative and transparent environment, and a strong corporate culture reinforces the values and principles that underpin the company. An effective leader creates a work environment that fosters trust so that employees feel comfortable sharing ideas and concerns (Víquez-Paniagua et al, 2022). A meaningful purpose culture attracts and retains engaged talent who are drawn to the company's purpose and mission (Ib añez, 2022).…”

“…In addition, Chamola et al (2022) stated that this interest contributes to the creation of trust among external and internal stakeholders, which promotes the achievement of the organization’s goals. Authentic commitment to a social or environmental cause: The inspirational leader communicates the company’s purpose and goals (Maignan and Ferrell, 2004) and keeps all employees emotionally connected to the company. This commitment creates a sense of purpose and shared values throughout the organization, which can strengthen team cohesion and improve collaboration (Víquez-Paniagua et al , 2022). In addition, commitment to social or environmental causes attracts customers and partners who share the same values and goals, which can enhance a company’s growth and reputation (Maignan and Ferrell, 2004).…”