The value of knowing what you want: Goal hierarchy and entrepreneurial intentions

Ewijk, Anne R. van; Weber, Wiebke

doi:10.1016/j.jbvi.2020.e00215

Cited by 11 publications

(6 citation statements)

References 35 publications

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“…That is, the ambient entrepreneurial values, ideas, or opportunities need to grip students in a deep way, whereby the instructor functions as a facilitator who provides students with space to figure out what inspires each of them in particular (McNally et al, 2020). Individually, each student will have his or her own vision or goals (Van Ewijk and Weber, 2021), and the course should inspire them to bring them into fruition by means of entrepreneurship.…”

Section: Practical Implicationsmentioning

confidence: 99%

The provenance and effects of entrepreneurial inspiration

Ewijk

Nabi

Weber

2021

IJEBR

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PurposeBuilding on authoritative studies on inspiration in the field of psychology (e.g. Thrash and Elliot, 2013, 2014), this study aims to clarify how entrepreneurial inspiration – an emotional state of personal attraction toward entrepreneurship – is created and how it affects entrepreneurial intentions. First, receptiveness to inspiration is introduced as a potential entrepreneurial feeling trait that constitutes a universal enabler of entrepreneurial inspiration alongside typically idiosyncratic inspirational triggers. Second, this study proposes to reinforce the theoretical base of the relation between entrepreneurial inspiration and entrepreneurial intentions by applying the affect infusion model (AIM) and empirically testing its explanatory power.Design/methodology/approachHypotheses are tested through independent and dependent sample t-tests and hierarchical regression analyses with an interaction effect. Data originate from a pre-post course survey among 342 entrepreneurship students from various countries and institutions.FindingsThe results confirm a positive relation between receptiveness to inspiration and entrepreneurial inspiration. Receptiveness to inspiration precedes and increases with entrepreneurial experience, suggesting that it can be both inborn and cultivated. In line with the AIM, entrepreneurial inspiration stimulates only the entrepreneurial aspirations of participants without entrepreneurial experience. Experienced individuals, on the other hand, derived more entrepreneurial inspiration from their courses, but this was not translated to higher entrepreneurial intentions. Instead, they could benefit from this inspiration in other ways proposed in the literature, such as enhanced opportunity recognition.Originality/valueThis study provides much needed, theory-informed, insight into the formation of entrepreneurial inspiration. Furthermore, it is the first research to propose and test a specific theoretical underpinning of the relation between entrepreneurial inspiration and entrepreneurial intentions, which also accounts for the moderating role of entrepreneurial experience. Finally, the rare multi-country, multi-institution nature of the sample reinforces the external validity of the findings.

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Section: Practical Implicationsmentioning

confidence: 99%

The provenance and effects of entrepreneurial inspiration

Ewijk

Nabi

Weber

2021

IJEBR

Self Cite

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“…, 2019; Renko et al. , 2021; van Ewijk and Weber, 2021). Accordingly, there is a call for moving entrepreneurial intention research forward, including exploring its evolution and influence (Donaldson et al.…”

Section: Theoretical Frameworkmentioning

confidence: 99%

The entrepreneurial cognitive adjustment mechanism: transitional entrepreneurship as a solution to mitigate illegal migration

Arteaga-Fonseca,

Zhang,

Bylund

2023

NEJE

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PurposeIn this paper, the authors suggest that Central Americans can use entrepreneurship to solve economic uncertainty in their home country and that entrepreneurship can contribute to reducing the number of undocumented migrants to the USA.Design/methodology/approachThe authors first illustrate the context of Central American illegal migration to the USA from a transitional entrepreneurship perspective, the authors address the economic drivers of illegal migration from Central America, which results in marginalization in the USA. Second, the authors build a theoretical model that suggests that Central Americans can improve their entrepreneurial abilities through the entrepreneurial cognitive adjustment mechanism.FindingsCentral Americans at risk of illegally migrating to the USA have high entrepreneurial aptitudes. Entrepreneurship can help them avoid the economic uncertainty that drives Central Americans to illegally migrate to the USA and become part of a marginalized community of undocumented immigrants. This conceptual paper introduces an entrepreneurial cognitive adjustment mechanism as a tool for Central Americans to reshape their personalities and increase their entrepreneurial abilities in their home countries. In particular, entrepreneurial intentions reshape the personality characteristics of individuals (in terms of high agreeableness and openness to experiences, as well as low neuroticism) through the entrepreneurial cognitive adjustment mechanism, which consists of reflective action in sensemaking, cognitive frameworks in pattern recognition and coping in positive affect.Originality/valueThis paper studies Central Americans at risk of illegal migration using the lens of transitional entrepreneurship, which advances the understanding of the antecedents to marginalized immigrant communities in the USA and suggests a possible solution for this phenomenon. Besides, the authors build a cognitive mechanism to facilitate the transitional process starting from entrepreneurial intention to reshaping individuals' personality, which further opens individuals' minds to entrepreneurial opportunities. Since entrepreneurial intention applies the same way to all entrepreneurs, the authors' aim of constructing the entrepreneurial intention unfolding process will go beyond transitional entrepreneurship and contribute to intention-action knowledge generation (Donaldson et al., 2021). Moreover, the conceptual study contributes to public policy such that international and local agencies can better utilize resources and implement long-term solutions to the drivers of illegal migration from Central America to the USA.

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“…Value based features such as career expenses, employment benefits, or other non-wage consideration are not explicitly included in this model. The model also fails to address a number of non-monetary individual considerations such as working conditions, perceived job usefulness (Wolfe & Patel, 2019), self-actualization or self-knowledge (Van Ewijk & Weber, 2021), and association with a particular institution.…”

Section: Conclusion Limitations and Future Directionsmentioning

confidence: 99%

Human Capital Investment: Building an App for That

2021

JABE

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This paper outlines the development of a prototype application to estimate the human capital investment of education-career selections. We explain the need to deliver the right information, to the right person, at the right time using a customizable, individualized, just-in-time format. We illustrate how a collaboration between academia and FinTech might leverage the power of distributed expertise to support human capital investment planning via robo-advising. With 112 research-based default parameters, the application can provide detailed financial estimates in seconds. The prototype includes an interface to customize 12 key parameters allowing for extensive exploration of career and education pathways. We illustrate technical elements, the complexity of comprehensive personal financial projections, psychological obstacles, the potential for agency conflict, and balancing academic rigor with user experience. We also offer some insight into challenges and opportunities of this pre-seed venture.

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The value of knowing what you want: Goal hierarchy and entrepreneurial intentions

Cited by 11 publications

References 35 publications

The provenance and effects of entrepreneurial inspiration

The provenance and effects of entrepreneurial inspiration

The entrepreneurial cognitive adjustment mechanism: transitional entrepreneurship as a solution to mitigate illegal migration

Human Capital Investment: Building an App for That

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