Entrepreneurial Intention of Indian Women University Students The Role of Entrepreneurial Self-Assessment and Entrepreneurial Passion
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Dec 29, 2022
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Abstract
It is critical to understand various hurdles placed on women graduates in emerging markets and to devise strategies to overcome these obstacles. Individuals who engage in entrepreneurial self-assessment easily finds the right track and will be able to determine the ideal scope of their venture prior to even getting started. The model utilized in this research could be a first step in identifying women who have a specific degree of entrepreneurial passion and entrepreneurial intent. According to the findings, entrepreneurial self-assessment has favorable correlation with entrepreneurial purpose. In order to succeed, the first step is to engage in some form of self-understanding. The tasks that are included in self-assessment help an individual to understand their own capability. A favorable evaluation of one's capacity for self-employment results in an individual's enhanced intention to engage in entrepreneurial behavior. The hypothesis contends the connection between self-assessment and entrepreneurial intention, mediated by entrepreneurial passion. This study makes contribution to the existing research on the characteristics that lead individuals to have entrepreneurial inclinations based on a self-assessment of their own capabilities. This study is in line with the growing interest in research into factors that motivate women to pursue business opportunities on their own.
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References
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[2] Ajezen, I. (1991). The theory of planned behavior, organizational behavior and human decision processes.
[3] Afrin, S., Islam, N., & Ahmed, S. (2008). A multivariate model of micro credit and rural women entrepreneurship development in Bangladesh. Sharmina Afrin, Nazrul Islam & Shahid Uddin Ahmed (2008), A Multivariate Model of Micro Credit and Rural Women Entrepreneurship Development in Bangladesh, International Journal of Business and Management, 3(8), 169-185.
[4] Ariffin, A. S., Baqutayan, S. M. S., & Mahdzir, A. M. (2020). Enhancing women entrepreneurship development framework: Policy & institution gap and challenges in the case of Malaysia. Journal of Science, Technology and Innovation Policy, 6(2), 22-33.
[5] Antonijević, M. S., Ljumović, I., & Ivanović, Đ. (2022). Is there a Gender Gap in Financial Inclusion across Countries?. Journal of Women's Entrepreneurship and Education, (1-2), 79-96.
[6] Bagozzi, R. P., & Yi, Y. (1989). On the use of structural equation models in experimental designs. Journal of marketing Research, 26(3), 271-284.
[7] Baron, R. M., & Kenny, D. A. (1986). The moderator–mediator variable distinction in social psychological research: Conceptual, strategic, and statistical considerations. Journal of personality and social psychology, 51(6), 1173.
[8] Boserup, E., Tan, S., & Toulmin, C. (1970). Woman's role in economic development Routledge.
[9] Brush, C. G. (2006). Women entrepreneurs: A research overview. The Oxford handbook of entrepreneurship.
[10] Buttner, E. H., & Moore, D. P. (1997). Women's organizational exodus to entrepreneurship: self-reported motivations and correlates with success. Journal of small business management, 35, 34-46.
[11] Campos, H. M. (2017). Impact of entrepreneurial passion on entrepreneurial orientation with the mediating role of entrepreneurial alertness for technology-based firms in Mexico. Journal of small business and enterprise development.
[12] Cardon, M. S., & Kirk, C. P. (2015). Entrepreneurial passion as mediator of the self–efficacy to persistence relationship. Entrepreneurship theory and practice, 39(5), 1027-1050.
[13] Cardon, M. S., Zietsma, C., Saparito, P., Matherne, B. P., & Davis, C. (2005). A tale of passion: New insights into entrepreneurship from a parenthood metaphor. Journal of business venturing, 20(1), 23-45.
[14] Cardon, M. S., Gregoire, D. A., Stevens, C. E., & Patel, P. C. (2013). Measuring entrepreneurial passion: Conceptual foundations and scale validation. Journal of business venturing, 28(3), 373-396.
[15] Cardon, M. S., Glauser, M., & Murnieks, C. Y. (2017). Passion for what? Expanding the domains of entrepreneurial passion. Journal of Business Venturing Insights, 8, 24-32.
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[17] Carrington, C. (2006). Women entrepreneurs. Journal of Small Business & Entrepreneurship, 19(2), 83-94.
[18] Cukier, W., Gagnon, S., Dalziel, M., Grant, K., Laplume, A., Ozkazanc-Pan, B., & Saba, T. (2022). Women entrepreneurship: towards an inclusive innovation ecosystem. Journal of Small Business & Entrepreneurship, 1-9.
[19] Das, M. (2000). Women entrepreneurs from India: Problems, motivations and success factors. Journal of Small Business & Entrepreneurship, 15(4), 67-81.
[20] Daymard, A. (2015). Determinants of female entrepreneurship in India.
[21] De Silva, M. T., Männikkö Barbutiu, S., Wakanuma, K., & Gehan, S. D. (2021). Empowerment through women entrepreneurship: A case from the beauty salon sector in sri lanka. Journal of Women's Entrepreneurship and Education, 2021(1-2)), 121-146.
[22] De Vita, L., Mari, M., & Poggesi, S. (2014). Women entrepreneurs in and from developing countries: Evidences from the literature. European Management Journal, 32(3), 451-460.
[23] Cabrera, E. M., & Mauricio, D. (2017). Factors affecting the success of women’s entrepreneurship: a review of literature. International Journal of Gender and Entrepreneurship.
[24] Feng, B., & Chen, M. (2020). The impact of entrepreneurial passion on psychology and behavior of entrepreneurs. Frontiers in Psychology, 11, 1733.
[25] Fitzsimmons, J. R., & Douglas, E. J. (2011). Interaction between feasibility and desirability in the formation of entrepreneurial intentions. Journal of business venturing, 26(4), 431-440.
[26] Ghani, S. E., Kerr, W., & O’Connell, S. (2012). What explains big gender disparities in India? local industrial structures and female entrepreneurship. Local Industrial Structures and Female Entrepreneurship (October 1, 2012). World Bank Policy Research Working Paper, (6228).
[27] Gódány, Z., Machová, R., Mura, L., & Zsigmond, T. (2021). Entrepreneurship motivation in the 21st century in terms of pull and push factors. TEM J, 10, 334-342.
[28] Harris, L. R., & Brown, G. T. (2018). Using self-assessment to improve student learning. Routledge.
[29] Hartmann, E., & Herb, S. (2015). Interconnectedness of actor bonds in service triads–a social capital perspective. Industrial Marketing Management, 44, 154-165.
[30] Henseler, J., & Chin, W. W. (2010). A comparison of approaches for the analysis of interaction effects between latent variables using partial least squares path modeling. Structural equation modeling, 17(1), 82-109.
[31] Huang‐Saad, A. Y., Morton, C. S., & Libarkin, J. C. (2018). Entrepreneurship assessment in higher education: A research review for engineering education researchers. Journal of Engineering Education, 107(2), 263-290.
[32] Hubner, S., Baum, M., & Frese, M. (2020). Contagion of entrepreneurial passion: Effects on employee outcomes. Entrepreneurship Theory and Practice, 44(6), 1112-1140.
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[34] Karimi, S. (2020). The role of entrepreneurial passion in the formation of students’ entrepreneurial intentions. Applied Economics, 52(3), 331-344.
[35] Kautonen, T., Van Gelderen, M., & Tornikoski, E. T. (2013). Predicting entrepreneurial behaviour: a test of the theory of planned behaviour. Applied economics, 45(6), 697-707.
[36] Lerner, M., Brush, C., & Hisrich, R. (1997). Israeli women entrepreneurs: An examination of factors affecting performance. Journal of business venturing, 12(4), 315-339.
[37] Li, C., Murad, M., Shahzad, F., Khan, M. A. S., Ashraf, S. F., & Dogbe, C. S. K. (2020). Entrepreneurial passion to entrepreneurial behavior: Role of entrepreneurial alertness, entrepreneurial self-efficacy and proactive personality Frontiers in psychology, 1611.
[38] Liñán, 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.
[39] Minniti, M. (2010). Female entrepreneurship and economic activity. The European Journal of Development Research, 22(3), 294-312.
[40] Okafor, C., & Amalu, R. (2010). Entrepreneurial motivations as determinants of women entrepreneurship challenges. Petroleum-Gas University of Ploiesti Bulletin, 62(2), 67-77.
[41] Perić, J., Oberman Peterka, S., & Getoš, Ž. (2020). The role of vocational education in developing entrepreneurial competences of students. Ekonomski pregled, 71(5), 463-492.
[42] Radović-Marković, M., & Achakpa, P. (2018). Employment women through entrepreneurship development and education in developing countries. JWEE, (1-2), 17-30.
[43] Rahman, M. M., Salamzadeh, A., & Tabash, M. I. (2022). Antecedents of entrepreneurial intentions of female undergraduate students in Bangladesh: a covariance-based structural equation modeling approach. Journal of Women's Entrepreneurship and Education, 1(2), 137-153.
[44] Ridha, R. N., & Wahyu, B. P. (2017). Entrepreneurship intention in agricultural sector of young generation in Indonesia. Asia pacific journal of innovation and entrepreneurship.
[45] Shapero, A., & Sokol, L. (1982). The social dimensions of entrepreneurship. University of Illinois at Urbana-Champaign's Academy for Entrepreneurial Leadership Historical Research Reference in Entrepreneurship.
[46] Šlogar, H., Stanić, N., & Jerin, K. (2021). Self-Assessment of Entrepreneurial Competencies of Students of Higher Education. Zbornik Veleučilišta u Rijeci, 9(1), 79-95.
[47] Thompson, E. R. (2009). Individual entrepreneurial intent: Construct clarification and development of an internationally reliable metric. Entrepreneurship theory and practice, 33(3), 669-694.
[48] United Nations (2022). Sustainable development Goals report. https://www.un.org/sustainabledevelopment/progress-report/
[49] Vican, D., & Vuletić, D. (2013). Self-assessment of Croatian elementary school pupils on the entrepreneurial initiative. Management: journal of contemporary management issues, 18(2), 57-79.
[50] World economic forum (2022). Global Gender Gap Report 2022. https://www3.weforum.org/docs/WEF_GGGR_2022.pdf
[51] Zhao, H., Seibert, S. E., & Hills, G. E. (2005). The mediating role of self-efficacy in the development of entrepreneurial intentions. Journal of applied psychology, 90(6), 1265.