Explaining entrepreneurial intentions Flashcards
What does the theory of planned behaviour say?
Psychological theory that links beliefs to behavior. Intentions are regarded as resulting from attitudes, perceived behavioral control, and subjective norms.
What does success concern?
Success concerns not only salary and position but also satisfaction, learning, work-life balance and autonomy
What are Derr’s success measures and how they resonate with entrepreneurship?
Balance - accommodating demands from other life spheres
Autonomy - Increased control over the what ,how, when aspects of work
Challenge - Entrepreneurship offers ample opportunities for challenge and learning
Security - Taking fate into one own’s hands may enhance sense of perceived security
What are two attributes positively linked to Entrepreneurial intentions?
are entrepreneurial alertness and the importance attached to financial security
Which attributes are more likely to belong to people who are more likely to have intentions of starting a buisness?
Perseverance
Creativity
Entrepreneurial Alertness
Entreprenurial Self-efficacy
Which factors are strongly linked to EI?
financial security, importance of wealth, entrepreneurial alertness, self-efficacy and social norms
Perseverance is not related to EI.
What is entrepreneurial alertness?
detecting business opportunities
How financial security plays a role?
People who prefer self-employment expect to attain more wealth and income by being self-employed.
Autonomy
Highly regarded in students who want or don’t want to become entrepreneurs.
Findings on entrepreneurial education?
Sensitivity to opportunities can be trained
Necessity-based entrepreneurship?
Created by no jobs. Characterized by low-entry barriers, similar businesses.
Opportunity-based entrepreneurship
Caused by desires for wealth, autonomy, impact. A classical definition of entrepreneurship –> leads to increased economic growth.
