Innovation self-efficacy, theory of planned behavior, and entrepreneurial intentions: The perspective of young Filipinos

IF 5.5 Q1 MANAGEMENT
Andrei Raymund R. Relente, Erik Paolo S. Capistrano
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引用次数: 0

Abstract

Entrepreneurship is essential to a country's economic growth and development. One way to achieve these objectives is to encourage entrepreneurial behavior among young people, especially students. Successful entrepreneurship requires innovative individuals to make contributions to the economy and to society. As more young Filipinos engage in entrepreneurship and exhibit entrepreneurial skills, it is necessary to know and understand the factors that contribute to their decisions and their confidence in their ability to perform innovation-related tasks, among others. This study integrated the multidimensional construct innovation self-efficacy (ISE), entrepreneurial self-efficacy (ESE), and entrepreneurial knowledge (EK) into the Theory of Planned Behavior (TPB) to determine the influence of these variables on the entrepreneurial intentions (EI) of young Filipino students. Confirmatory factor analysis (CFA) was employed to test the empirical validity and reliability of the measurement model, and structural equation modeling (SEM) was applied to test the hypothesized relationships of the proposed framework. The results show that ISE, attitude toward entrepreneurship (ATE), and perceived behavioral control (PBC) exert significant positive influences on EI. Although subjective norms (SN), ESE, and EK do not significantly influence EI, these variables influence at least one of the antecedents of EI. Moreover, the hypothesized factors of ISE proved to be statistically sound measures, with Observing being the most empirically powerful of the five. The implications for both theory and practice were explored, and potential avenues for further investigation were outlined.
创新自我效能感、计划行为理论与创业意向:菲律宾年轻人的视角
企业家精神是一国经济增长和发展的根本。实现这些目标的一种方法是鼓励年轻人,特别是学生的创业行为。成功的创业需要有创新精神的个人为经济和社会做出贡献。随着越来越多的菲律宾年轻人参与创业并展示创业技能,有必要了解和理解影响他们决策的因素,以及他们对自己执行创新相关任务的能力的信心。本研究将多维结构创新自我效能感(ISE)、创业自我效能感(ESE)和创业知识(EK)纳入计划行为理论(TPB),以确定这些变量对菲律宾青年学生创业意向(EI)的影响。采用验证性因子分析(Confirmatory factor analysis, CFA)检验测量模型的实证效度和信度,并采用结构方程模型(structural equation modeling, SEM)检验所提出框架的假设关系。结果表明,ISE、创业态度(ATE)和感知行为控制(PBC)对EI有显著的正向影响。虽然主观规范(SN)、ESE和EK对EI没有显著影响,但这些变量至少影响EI的一个前因变量。此外,ISE的假设因素被证明是统计上合理的措施,其中观察是五个中最具经验力量的。对理论和实践的影响进行了探讨,并概述了进一步研究的潜在途径。
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来源期刊
CiteScore
8.00
自引率
4.50%
发文量
47
期刊介绍: Asia Pacific Management Review (APMR), peer-reviewed and published quarterly, pursues to publish original and high quality research articles and notes that contribute to build empirical and theoretical understanding for concerning strategy and management aspects in business and activities. Meanwhile, we also seek to publish short communications and opinions addressing issues of current concern to managers in regards to within and between the Asia-Pacific region. The covered domains but not limited to, such as accounting, finance, marketing, decision analysis and operation management, human resource management, information management, international business management, logistic and supply chain management, quantitative and research methods, strategic and business management, and tourism management, are suitable for publication in the APMR.
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