The Impact of Access to Finance and Environmental Factors on Entrepreneurial Intention: The Mediator Role of Entrepreneurial Behavioural Control
The Impact of Access to Finance and Environmental Factors on Entrepreneurial Intention: The Mediator Role of Entrepreneurial Behavioural Control
Author(s): Thu Thuy NguyenSubject(s): Geography, Regional studies, Business Economy / Management, Higher Education
Published by: Uniwersytet Ekonomiczny w Krakowie
Keywords: access to finance; entrepreneurial intention; perceived environment barriers; perceived behavioural control; university environment; SEM;
Summary/Abstract: Objective: The objective of the article is to test the direct and indirect impact of environmental and individual determinants on entrepreneurial intention with perceived entrepreneurial behavioural control as a mediating variable. Research Design & Methods: A cross-sectional quantitative research was conducted using structural equation modelling analysis with a sample consisting of 635 students in 11 universities in Vietnam. Findings: The results reveal that perceived environmental factors are significantly related to students’ perceived entrepreneurial behavioural control so that entrepreneurial behavioural control becomes a mediator through which those environmental factors influence entrepreneurial intention. Access to finance is insufficient to influence entrepreneurial intention unless combined with entrepreneurial behavioural control. Implications & Recommendations: The research findings have implications for policymakers in fostering graduates’ entrepreneurship in emerging countries. Contribution & Value Added: The survey provides evidence supporting the theoretical arguments that exogenous factors affect perceived entrepreneurial behavioural control and impact entrepreneurial intention through the individual’s perceptions of behavioural control.
Journal: Entrepreneurial Business and Economics Review
- Issue Year: 8/2020
- Issue No: 2
- Page Range: 127-140
- Page Count: 14
- Language: English