This exploratory study investigates the relationship between an individual's socialization into different professional and organizational cultures and their subsequent entrepreneurial intentions. Using age cohorts as a proxy for the duration of work-related socialization processes and changes in the business environment over time, the study proposes that the impact of work history is stronger in 'third age' (50-64 years) than in 'prime age' (20-49 years). The principal finding is that older individuals, those aged 50-plus, who have spent the majority of their career in 'blue-collar' industrial work are less inclined towards entrepreneurship than the working-age population in Western Finland generally. One reason is the perceived lack of support from important social contacts. Contrary to expectations, a work history in the public sector or small businesses does not seem to affect subsequent entrepreneurial intentions. Further research is required to provide a more fine-grained understanding of the impact of work history on entrepreneurial intentions.
Research on the formation of entrepreneurial intention has attracted substantial attention and interest from entrepreneurship scholars. In this quest, one theory that has been very popular is the Theory of Planned Behaviour (TPB) by Icek Ajzen. Professor Ajzen was one of the first to study intentions and behaviour, particularly with Fishbein, from the end of the 1960s. Since its inception, TPB has tested, advanced and challenged in many social science fields and, as a result, generated substantial interest among researchers: The seminal 1991 article by Ajzen has generated alone more than 60,000 citations to date. For a more in-depth investigation of his TPB model, we had the opportunity to interview Professor Icek Ajzen. This Research Note presents the transcript of the interview before we then synthesise some of the key ramifications of the interview for research on entrepreneurial intention.
Purpose -The objectives of this study are threefold: first, to analyze the development of intentions of individuals over time; second, to explore potential gender differences in intention development; and third, to analyze the relatedness of the initial level and development of the antecedents of intentions to the initial level and the development of intentions. Design/methodology/approach -Ajzen's Theory of Planned behavior is applied. Longitudinal data were collected in the fall of 2010, 2011 and 2012 in seven different universities of applied sciences, with students representing seven different study fields. In our data, there are 192 individuals with all three measurement waves and 104 individuals with two measurement waves. The analysis of change on multi-wave panel data is done using latent growth curve analysis with structural equation modeling. Findings -Our empirical results are threefold. First, entrepreneurial intentions of higher education seem to decrease during their studies. Second, there is a gender difference in the initial level of entrepreneurial intentions and how intentions develop over time. Third, the initial level of intentions does not affect the future development of intentions. Practical implications -In sum, the authors believe that the paper makes an important contribution to the field of entrepreneurial education by concluding that intention development in higher educational context is not a simple matter, but a rather complicated process during which young people can realize their true potential vis-à -vis entrepreneurial opportunities. From an educators' point of view, such realization generally means a decrease in an individual's entrepreneurial intentions, which is a phenomenon that does not provide much encouragement for educators. On the other hand, one of the aims of any entrepreneurship education is to give younger people a more realistic picture about entrepreneurship. When someone is willing to start a new business in this kind of context, the authors, as educators, can be a degree more confident that such an individual is not launching his/her venture because of idealistic dreams. Originality/value -By using a longitudinal design, the paper is one of the first to provide empirical evidence about the intention development over time. Ultimately, the paper hopes to have added richness to the ongoing discussion among academics and educators alike regarding the importance of intention development in entrepreneurship education.
Despite evidence that embedded ties are important to entrepreneurs seeking low–cost resources, no research to date has explored how this relationship unfolds in the context of emerging organizations, how the inevitable dependence on ties might drive up resource acquisition costs, or how the manner in which ties are embedded might affect the specificity of these resources. We develop a conceptual model that examines these relationships and, analyzing data from the Panel Study of Entrepreneurial Dynamics I, find support for the majority of our hypotheses. We then discuss the implications of our findings for scholars and practitioners.
Purpose
– The purpose of this paper is to increase the understanding of how entrepreneurial potential is developed among young people. Changes in individuals’ entrepreneurial intentions and the antecedents of intentions are investigated, as well as the impact of entrepreneurship education on the changes.
Design/methodology/approach
– Ajzen’s Theory of Planned Behavior (TPB) is applied. Longitudinal data from 197 HE students, in their first and third year of studies, is examined using path analysis.
Findings
– Overall the entrepreneurial intentions of HE students decreased over time. Intentions decreased particularly for those with high initial level of intentions, whereas the group with increasing intentions rose from low to neutral level of intentions. Changes in attitudes and perceived behavioral control have a significant positive impact. Versatile entrepreneurship courses have direct effect on changes in attitudes. Changes in attitudes have a dual role, as they influence change in both intentions and perceived behavioral control. The developed model explains 19 percent of the variance among women and 28 percent among men, suggesting gender differences in development of intentions.
Research limitations/implications
– Only one way of developing entrepreneurial potential in young people (i.e. education) is covered. The empirical sample is limited to one university.
Practical implications
– The results suggest versatile methods of entrepreneurship education are more effective in developing intentions than perhaps purely active modes. Gender differences should be considered when designing interventions to foster entrepreneurial potential.
Originality/value
– The research confirms with longitudinal individual-level data the applicability of TPB on entrepreneurial intentions and demonstrates the mediated impact of versatile entrepreneurship courses on changes in intentions.
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