Impact of effectual propensity on entrepreneurial intention

Abstract

For decades, entrepreneurship has been promoted in academia and tourism sector and has it been seen as an opportunity for new business ventures. In terms of entrepreneurial behavior, effectual logic shows how the individual uses his or her resources to create new opportunities. In this context, this paper aims to determine effectual propensity as an antecedent of entrepreneurial intentions. For this purpose, and based on the TPB model, we conducted our research with tourism students from Cadiz and Seville (Spain) universities with Smart PLS 3. The results show that effectual propensity influences entrepreneurial intentions and that attitude and perceived behavioral control mediate between subjective norms and intentions. Our research has a great added value since we have studied for the first time efficacious propensity as an antecedent of intentions in people who have never been entrepreneurs.