Predicting Entrepreneurial Intentions and Pre-Start-Up Behaviour among Asnaf Millennials

Abstract

The study referred to the theory of planned behaviour in determining how the selected factors (innovativeness, proactive personality, need of achievement, internal locus of control, risk-taking propensity, lifestyle integration, social networking, resource and opportunity recognition, attitude towards entrepreneurship, subjective norms, and perceived behavioural control) influenced the entrepreneurial intentions and pre-start-up behaviour among the Asnaf millennials in Malaysia. This study collected cross-sectional survey data, which are quantitative data from 310 randomly selected Asnaf millennials from Kelantan, Malaysia using structured interviews. This study used Partial Least Squares Structural Equation Modeling PLS-SEM to analyse the data. The result confirmed the indirect influence (entrepreneurial intention) of attitude towards entrepreneurship, subjective norms, and perceived behavioural control on the pre-start-up behaviour. Findings revealed that all antecedents have a positive and statistically significant effect on attitude towards entrepreneurship, subjective norms, and perceived behavioural control, with an exception to risk-taking propensity. Hence, it is suggested that development programs and policies should enhance the innovativeness and opportunity recognition competency, provide access to working capital, and build a platform to promote entrepreneurial networking in increasing entrepreneurial intention among the low-income Asnaf millennials in Malaysia.

Mediating effect of behavioural intention on podcast acceptance

“…Garcia et al (2019) study likewise addressed intention as dependent factor. The studies by Mahmood et al (2019) and Garcia et al (2019) are consistent with this research findings, which treated behavioural intention as significant mediator.…”

The Roles of Need for Achievement and Family Environment in Stimulating Entrepreneurial Interest through Self-Efficacy

“…Both factors are vital because planning, starting, and running a business takes persistence, selfregulation, and emotional control, particularly in dealing with uncertainty, risk, and many demands in entrepreneurship (Wartiovaara et al, 2019). Mahmood et al (2019) also confirm that the need for achievement and self-efficacy are the key determinants of entrepreneurial interest among students. H 6 : The need for achievement has a positive influence on entrepreneurial interest through self-efficacy…”

Does Social Media Site Use by Undergraduate Students of Nigerian Universities Influence Pre-start-up and Start-up Activities? A Focus on COVID-19 Perception

“…A. Pre-start-up and Start-up Activities Pre-start-up activities are all the actions undertaken by an individual before the launch of a new business [60]. Pre-startup activities entail attitudinal and experiential changes that depict preparation for new venture creation.…”

“…Atherton [11] further notes that all the activities undertaken by a nascent entrepreneur in order to prepare for business formation are pre-start-up activities. Pre-start-up activities include making decision on new venture creation; preparing a business plan; devoting more time to business preparation; conducting market research; seeking for government support; looking for facilities/equipment; thinking of individuals to hire as employees; thinking of how to source for funds; making enquiry on how to obtain business license; and attending enterprise development training [60].…”