Motivation towards entrepreneurial intention: A case study of business students in Southern region of Thailand
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Published:
Jan 31, 2020
Keywords:
Attitude towards entrepreneur, psychological capital, risk-taking propensity, entrepreneurial intention, business students Southern region of Thailand
Main Article Content
Abstract
The purpose of this study is to examine the influences of attitude towards entrepreneur, psychological capital, risk-taking propensity on entrepreneurial intention. The responses of 412 business students in Southern region of Thailand were selected using purposive sampling method. Data was analyzed using regression analysis. Results revealed that attitude towards entrepreneur and psychological capital have statistically significant influence on entrepreneurial intention at p-value of 0.01. Risk-taking propensity had positive and insignificant effect. Findings suggests that the development of attitude and personality towards entrepreneurship is essential for promoting students to be young entrepreneur.
Article Details
How to Cite
Poolsawat, P., & Supanti, D. (2020). Motivation towards entrepreneurial intention: A case study of business students in Southern region of Thailand. WMS Journal of Management, 9(1), 93–100. Retrieved from https://so06.tci-thaijo.org/index.php/wms/article/view/237907
Section
Research Articles-Academic Articles
References
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Schwarz, E. J., Wdowiak, M. A., Almer-Jarz, D. A., & Breitenecker, R. J. (2009). The effects of attitudes and perceived environment conditions on students' entrepreneurial intent: An Austrian perspective. Education+ Training, 51(4), 272-291.
Singh, B., Verma, P., & Rao, M. (2016). Influence of individual and socio-cultural factors on entrepreneurial intention. South Asian Journal of Management, 23(1), 33–56.
Solesvik, M. Z. (2013). Entrepreneurial motivations and intentions: Investigating the role of education major. Education+ Training, 55(3), 253-271.
Tripopsakul, S., & Pichyangkul, C. (2018). Factors influencing youth entrepreneurs in Thailand. Nida Business Journal, 22, 44-60.
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Ayyagari, M., Demirguc-Kunt, A., & Maksimovic, V. (2014). Who creates jobs in developing countries?. Small Business Economics, 43(1), 75-99.
Bolton, D., & Lane, M. D. (2012). Individual entrepreneurial orientation: Development of a measurement instrument. Education + Training, 54(2/3), 219–233.
Carsrud, A., & Brannback, M. (2011). Entrepreneurial motivations: what do we still need to know?. Journal of Small Business Management, 49(1), 9-26.
Department of Business Development. (2019). Business Data Warehouse. Retrieved
April, 20, 2019, from http://dataware house.dbd.go.th/area/overview
Douglas, E. J., & Fitzsimmons, J. R. (2013). Intrapreneurial intentions versus Entrepreneurial intentions: Distinct constructs with different antecedents. Small Business Economics, 41(1), 115-132.
Estay, C., Durrieu, F., & Akhter, M. (2013). Entrepreneurship: From motivation to start-up. Journal of International Entrepreneurship, 11(3), 243-267.
Faul, F., Erdfelder, E., Lang, A. G., & Buchner, A. (2007). G* Power 3: A flexible statistical power analysis program for the social, behavioral, and biomedical sciences. Behavior Research Methods, 39(2), 175-191.
Ferreira, J. J., Raposo, M. L., Gouveia Rodrigues, R., Dinis, A., & Paco, A. (2012). A model of entrepreneurial intention: An application of the psychological and behavioral approaches. Journal of Small Business and Enterprise Development, 19(3), 424-440.
Hmieleski, K. M., & Carr, J. C. (2008). The relationship between entrepreneur psychological capital and new venture performance. Frontiers of Entrepreneurship Research, 28(4), 1-15.
Jin, C. H. (2017). The effect of psychological capital on start-up intention among young start-up entrepreneurs. Chinese Management Studies, 11(4), 707–729.
Kamphaengphet, M., & Phasunon, P. (2015). Entrepreneurial intentions of Huachiew Chalermprakiet University student. Business Review Journal, 7(1), 207-224.
Linan, F., & Chen, Y. W. (2009). Development and cross-cultural application of a specific instrument to measure entrepreneurial intentions.
Entrepreneurship: Theory and Practice, 33(3), 593–617.
Luthans, F., Youssef, C. M., & Avolio, B. J. (2007). Psychological Capital: Developing the Human Competitive Edge. NY: Oxford University Press.
Mihalcea, A. D., Mitan, A., & Vitelar, A. (2012). Generation Y: Views on entrepreneurship. Economia Seria Management, 15(2), 277-287.
Mwiya, B., Wang, Y., Shikaputo, C., Kaulungombe, B., & Kayekesi, M. (2017). Predicting the entrepreneurial intentions of university students: Applying the theory of planned behaviour in Zambia, Africa. Open Journal of business and management, 5, 592-610.
Nithikitsookkasem, P., & Wingwon, B. (2018). Model entrepreneurial intention of students vocational in education for entreprise incubator project. Journal of Business administration, 7(1), 146-161.
Office of the education council. (2018). Entrepreneurship Education. Bangkok, Thailand: Prigwhangraphic.
Ozaralli, N., & Rivenburgh, N. K. (2016). Entrepreneurial intention: antecedents to entrepreneurial behavior in the USA and Turkey. Journal of Global Entrepreneurship Research, 6, 1-32.
Pfeifer, S., Sarlija, N., & Zekic Susac, M. (2016). Shaping the entrepreneurial mindset:
Entrepreneurial intentions of business students in croatia. Journal of Small Business Management, 54(1), 102-117.
Schwarz, E. J., Wdowiak, M. A., Almer-Jarz, D. A., & Breitenecker, R. J. (2009). The effects of attitudes and perceived environment conditions on students' entrepreneurial intent: An Austrian perspective. Education+ Training, 51(4), 272-291.
Singh, B., Verma, P., & Rao, M. (2016). Influence of individual and socio-cultural factors on entrepreneurial intention. South Asian Journal of Management, 23(1), 33–56.
Solesvik, M. Z. (2013). Entrepreneurial motivations and intentions: Investigating the role of education major. Education+ Training, 55(3), 253-271.
Tripopsakul, S., & Pichyangkul, C. (2018). Factors influencing youth entrepreneurs in Thailand. Nida Business Journal, 22, 44-60.
Yotongyos, M., & Sukmaungma, S. (2016). Factors affecting entrepreneurial intention of undergradate students: A case study of Bangkok university. Suthiparithat Journal, 30(95), 103-115.