How effectual will you be? Development and validation of a scale in higher education

Martín-Navarro, Alicia; Medina-Garrido, José Aurelio; Velicia-Martín, Félix

doi:10.1016/j.ijme.2021.100547

Cited by 7 publications

(10 citation statements)

References 57 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…SN may have an important social influence on the behavior of individuals (Martín-Navarro et al 2021 ). When individuals are in groups, there are certain rules, norms, or beliefs about their proper behavior.…”

Section: Literature Review and Theoretical Backgroundmentioning

confidence: 99%

Predicting Fintech Innovation Adoption: the Mediator Role of Social Norms and Attitudes

2023

View full text Add to dashboard Cite

Digital innovation is challenging the traditional way of offering financial services to companies; the so-called Fintech phenomenon refers to startups that use the latest technologies to offer innovative financial services. Within the framework of the Theory of Planned Behavior (TPB) and the Theory of Reasoned Action (TRA), the primary purpose of this paper is to develop a causal-predictive analysis of the relationship between Subjective Norms, Attitudes, and Perceived Behavioral Control with the Intention to Use and Behavioral Use of the Fintech services by companies. Partial Least Squares Structural Equation Modeling methodology was used with data collected from a survey of 300 companies. Our findings support the TRA and TPB models and confirm their robustness in predicting companies’ intention and use of Fintech services. Financial technology innovators must understand the processes involved in users’ adoption to design sound strategies that increase the viability of their services. Studying the antecedents of behavioral intention to adopt Fintech services can greatly help understand the pace of adoption, allowing these players to attract and retain customers better. This study contributes to the literature by formulating and validating TPB to predict Fintech adoption, and its findings provide useful information for banks and Fintech companies and lead to an improvement in organizational performance management in formulating marketing strategies.

show abstract

Section: Literature Review and Theoretical Backgroundmentioning

confidence: 99%

Predicting Fintech Innovation Adoption: the Mediator Role of Social Norms and Attitudes

2023

View full text Add to dashboard Cite

show abstract

“…However, few have been concerned with the effectual orientation of potential entrepreneurs. In this regard, Martín-Navarro et al (2021) are the first to use the concept of effectual propensity (EP). The EP determines the orientation of a person towards an effectual logic before starting a business.…”

Section: Effectuationmentioning

confidence: 99%

“…Considering this gap, the study of the propensity for effectual or causal behavior prior to the firm's creation would add value to entrepreneurship research. (Martín-Navarro et al, 2021). Based on the above, the aim of this paper is to test the direct and indirect impact of the effectual propensity of potential entrepreneurs on their entrepreneurial intention.…”

Section: Introductionmentioning

confidence: 99%

Impact of effectual propensity on entrepreneurial intention

Martín-Navarro

Velicia-Martín

Medina-Garrido

et al. 2023

Journal of Business Research

View full text Add to dashboard Cite

“…It is not possible to analyse causal or effectual behaviours before when studying the determinants of entrepreneurial intention because these behaviours have not yet occurred and are not observable. In this sense, and following the work of Martín-Navarro et al (2021), it would be possible to analyse individuals' propensity towards these behaviours. However, they have not yet developed these behaviours because they have not yet created their companies.…”

Section: Theoretical Framework and Hypothesis Developmentmentioning

confidence: 99%

“…Causal propensity is an individual's tendency towards predictive logic based on his or her knowledge in making decisions before undertaking a business venture (Martín-Navarro et al, 2021). We used seven indicators from Martín-Navarro et al ( 2021) to measure it.…”

Section: Measurement Scalesmentioning

confidence: 99%

Causal propensity as an antecedent of entrepreneurial intentions

et al. 2023

Self Cite

View full text Add to dashboard Cite

The tourism sector is a sector with many opportunities for business development. Entrepreneurship in this sector promotes economic growth and job creation. Knowing how entrepreneurial intention develops facilitates its transformation into entrepreneurial behaviour. Entrepreneurial behaviour can adopt a causal logic, an effectual logic or a combination of both. Considering the causal logic, decision-making is done through prediction. In this way, entrepreneurs try to increase their market share by planning strategies and analysing possible deviations from their plans. Previous literature studies causal entrepreneurial behaviour, as well as variables such as creative innovation, proactive decisions and entrepreneurship training when the entrepreneur has already created his or her firm. However, there is an obvious gap at a stage prior to the start of entrepreneurial activity when the entrepreneurial intention is formed. This paper analyses how creativity, proactivity, entrepreneurship education and the propensity for causal behaviour influence entrepreneurial intentions. To achieve the research objective, we analysed a sample of 464 undergraduate tourism students from two universities in southern Spain. We used SmartPLS 3 software to apply a structural equation methodology to the measurement model composed of nine hypotheses. The results show, among other relationships, that causal propensity, entrepreneurship learning programmes and proactivity are antecedents of entrepreneurial intentions. These findings have implications for theory, as they fill a gap in the field of entrepreneurial intentions. Considering propensity towards causal behaviour before setting up the firm is unprecedented. Furthermore, the results of this study have practical implications for the design of public education policies and the promotion of business creation in the tourism sector. These policies should promote causal, proactive and creative behaviour in their entrepreneurship training. In this way, such policies would boost the entrepreneurial intention of individuals, which is an essential precursor to business creation.

show abstract

How effectual will you be? Development and validation of a scale in higher education

Cited by 7 publications

References 57 publications

Predicting Fintech Innovation Adoption: the Mediator Role of Social Norms and Attitudes

Predicting Fintech Innovation Adoption: the Mediator Role of Social Norms and Attitudes

Impact of effectual propensity on entrepreneurial intention

Causal propensity as an antecedent of entrepreneurial intentions

Contact Info

Product

Resources

About