The role of self-efficacy, entrepreneurial passion, and creativity in developing entrepreneurial intentions

Abstract

Although studies aimed at understanding entrepreneurship have analyzed passion, creativity, and entrepreneurial self-efficacy, few studies include these antecedents in the same model. In this sense, this study aims to assess the relationship between passion, self-efficacy, and creativity with entrepreneurial intention. The data was collected through a survey and the questionnaires were applied to university students who formed a sample of 190 respondents, and such data was analyzed using structural equation modeling based on partial least square technique. Regarding our results, the relationship between creativity and entrepreneurial intention has not been confirmed. The multigroup analysis revealed that the level of education influences men’s entrepreneurial intention and creativity only influence entrepreneurial intention when mediated by entrepreneurial passion. This study contributes by highlighting the roles of analyzed passion, creativity, and entrepreneurial self-efficacy in entrepreneurs from one of the largest emerging economies in the world. Moreover, it also contributes to academia as it confirms the explanatory power of the Theory of Planned Behavior as a tool to understand the cognitive foundations of entrepreneurship. It also offers a practical contribution by signaling to public policymakers which features should be incentivized to boost entrepreneurship in emerging economies.

Paixão, Educação E Criatividade E Seus Efeitos Na Intenção Empreendedora

“…Assim, nos últimos anos, a criatividade tornou-se importante preditor da IE. A relevância da relação entre CE e IE foi apontada por estudos que registraram o impacto positivo da CE na IE dos alunos (Anjum et al, 2018;Kumar & Shukla;2019), enquanto outras pesquisas indicaram situação oposta, quando a CE não influenciou a IE dos estudantes pesquisados (Ferreira et al, 2023). Dessa forma, tem-se a seguinte hipótese: H2a: A CE influencia direta e positivamente a IE.…”

“…Estudos anteriores indicam a relação positiva entre PE e IE (Ferreira et al, 2023;Neneh, 2022), dessa forma se apresenta a seguinte hipótese: H3a: A PE influencia direta e positivamente a IE.…”

“…Estudos anteriores buscaram demonstrar os fatores que levam o indivíduo a empreender, entre esses a CE, a PE e a EE (Biraglia & Kadile, 2017;Ferreira et al, 2023;Hou et al, 2019). Por conseguinte, pesquisas demonstraram a existência da CE, a PE e a EE (Anjum et al, 2018;Nasiru et al, 2015), o que permite vislumbrar uma perspectiva positiva para estudos na área.…”

Effect of entrepreneurial education and creativity on entrepreneurial intention in college students: mediating entrepreneurial inspiration, mindset, and self-efficiency

“…Individuals with higher levels of entrepreneurial self-efficacy are more likely to believe in their ability to start and manage their own venture successfully. This confidence boosts their entrepreneurial intention by making them more inclined to pursue entrepreneurial opportunities ( Ferreira-Neto et al, 2023 ). The entrepreneurial mindset fosters a sense of self-confidence and self-belief, which contributes to higher levels of entrepreneurial self-efficacy ( Aima et al, 2020 ).…”

Cultural Capital and Financial Awareness: Analyzing Student Entrepreneurial Aspirations in Islamic Finance

“…Entrepreneurial interest is an individual's desire to learn about, begin operating, and actively participate in entrepreneurial businesses (Anjum et al, 2021). It encourages people to think creatively, take calculated risks, and actively search for opportunities beyond their comfort zone (Ferreira-neto et al, 2023). A flexible and varied idea, entrepreneurial interest can range from a solid ambition to start and manage a successful company to a fundamental interest in business principles (Heinemann et al, 2022).…”