Do psychological and social factors drive female youth entrepreneurial readiness: the moderating effect of entrepreneurial education

Abstract

PurposeUsing resource-based theory as a base, this paper aims to analyse the moderating role of entrepreneurial education on the relationship between psychological (perseverance and fear of failure) and social (family support and role models) factors as they related to entrepreneurial readiness among female youth.Design/methodology/approachA sample of 1914 female youth who have pursued a formal entrepreneurial course was used to understand the relationship and its impact on entrepreneurial readiness. Liner regression technique was used to understand the hypotheses set for the study.FindingsThe results signify a positive impact of perseverance and family support for entrepreneurial readiness, while that of fear of failure was negative, role models were positive but non-significant. Entrepreneurial education was key for enhancing psychological and social factors abilities for female youth entrepreneurial readiness.Research limitations/implicationsThe cross-sectional data collected from females in an urban area makes the generalisation of the findings challenging.Practical implicationsPolicymakers and academia are to be cognizant of the fact that formal entrepreneurial education is a contributor to entrepreneurial readiness.Originality/valueThis study adds to the paucity of research on entrepreneurial readiness of female youth in developing economies like Ghana with the identification and explanation of its antecedents as well as situating it in both resource-based view and social capital theories.

Fighting female unemployment: the role of female ownership of bank accounts in complementing female inclusive education

“…The above theoretical exposition is consistent with the extant literature on the relevance of literacy in employment avenues (Babajide et al, 2021;Dvoulet y, 2024;Quagrainie, 2024), especially when such employment prospects are moderated/complemented with appealing characteristics for female employment such as female ownership of bank accounts. The above theoretical narrative as well as its contextualization with the problem statement being considered in this study, leads to the following testable hypothesis that is sound and simple to follow.…”

The influence of family business background on the entrepreneurial intention of individuals

“…Although Likert-scale data may not strictly follow a normal distribution, the Central Limit Theorem states that the distribution of sample means will tend towards normality as the sample size increases (Zhang et al 2022). Furthermore, use of linear regression with variables measured on five-point Likert-scales is a traditional and frequent methodological choice of similar studies (Chilenga et al 2022;Nungsari et al 2023;Quagrainie 2023). Hierarchical regression analysis was conducted (Gelman -Hill 2006), where each set of independent variables was entered one at a time, to determine if independent variables explained a statistically significant portion of the variance in entrepreneurial intention, after accounting for all other factors.…”

“…Moderation analysis was performed to examine the extent to which the existence of a family business background could moderate the relationship between individual factors and entrepreneurial intention. This practice was similar to that of Nungsari et al (2023) and Quagrainie (2023). For each model, a stepwise algorithm (Johnsson 1992) was used to identify and include only those independent variables that contribute the most to explaining variance in entrepreneurial intention.…”