Effects of beliefs, motivation and entrepreneurial self-efficacy on entrepreneurial intentions: The moderating role of family support

Abstract

Entrepreneurship is crucial for promoting innovation, creating employment opportunities and generating social and economic wealth in a country's economy. In order to increase entrepreneurial activity, it is important to investigate entrepreneurial behavior by analyzing the process of businesses creation and the set of factors that favor the development of entrepreneurial aspirations, intentions and actions, which is a central goal ofpsychology of entrepreneurship. This research aims to deepen the knowledge about the relationship between the entrepreneurial self-efficacy, belief, motivation, family support and entrepreneurial intentions by developing a moderated mediation model. This study suggests that entrepreneurial self-efficacy partially mediates the effect of beliefs and motivations on entrepreneurial intention. This mediation is moderated by family support, which is also directly related to the intentions. The study was conducted on a sample of 446 students from four different high schools, and results support our hypotheses. Theoretical and practical implications from this research are further examined in the study.

Linking cognitive flexibility to entrepreneurial alertness and entrepreneurial intention among medical students with the moderating role of entrepreneurial self-efficacy: A second-order moderated mediation model

“…The role of the social cognitive theory facilitates the individual's beliefs and develops a high level of self-efficacy toward engaging in the new business formation process [93,94]. Considering prior research in entrepreneurship [8] found that entrepreneurial self-efficacy mediates in the relationship between cognitive flexibility and entrepreneurial intention.…”

The Role of Self-Efficacy and Entrepreneurial Self-Efficacy on the Entrepreneurial Intentions of Graduate Students: A Study among Omani Graduates

“…ESE also mediates the influence of belief and motivation on EI. (Odoardi, Galletta, Battistelli, & Cangialosi, 2019). Educational institutions in Oman should develop courses that nurture ESE of the students.…”

The role of family support and internal locus of control in entrepreneurial intention of vocational high school students

“…Students who have high emotional support tend to have stronger entrepreneurial aspirations due to the belief that their families can support them during the various cycles of entrepreneurship, which are often unpredictable [54]. Students who receive from the families' support in the form of information regarding entrepreneurship have relatively vast knowledge leading them to become more confident in entrepreneurship [55], [56].…”