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Skill and value perceptions: how do they affect entrepreneurial intentions?

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Abstract

This paper starts from Ajzen’s theory of planned behavior to test the role of different perceptions on the individual’s intention to become an entrepreneur. Support has most often been found for this theory in the field of entrepreneurship. However, little is yet known about the way in which perceptions are formed. It may be argued that social values regarding entrepreneurship, and also personal skill perceptions, would both affect entrepreneurial intentions. Our objective, therefore, is testing the existence and reach of both effects. Empirical analysis has been carried out on a sample of 249 university students. Structural equations models have been used to test our hypotheses. Results generally confirm them, since values and skills do play a significant role in explaining intention. However, the role of perceived skills seems to be more relevant. Implications may be derived in several areas, and especially regarding entrepreneurship education.

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Acknowledgement

A previous version of this paper was presented at the 2007 IntEnt Conference in Gdansk (Poland). We are most grateful to several participants for their comments and suggestions, which have decisively contributed to improve the final version of this manuscript. Of course, any mistakes or errors that remain are completely the authors’ responsibility.

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Correspondence to Francisco Liñán.

Appendix: Questionnaire items

Original in Spanish

Appendix: Questionnaire items

A. Indicate your level of agreement with the following statements about the entrepreneurial activity from 1 (total disagreement) to 7 (total agreement).

 

1

2

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5

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7

A01. Starting a firm and keeping it viable would be easy for me

A02. A career as an entrepreneur is totally unattractive to me

A03. My friends would approve of my decision to start a business

A04. I am ready to do anything to be an entrepreneur

A05. I believe I would be completely unable to start a business

A06. I will make every effort to start and run my own business

A07. I am able to control the creation process of a new business

A08. My immediate family would approve of my decision to start a business

A09. I have serious doubts about ever starting my own business

A10. If I had the opportunity and resources, I would love to start a business

A11. My colleagues would approve of my decision to start a business

A12. Amongst various options, I would rather be anything but an entrepreneur

A13. I am determined to create a business venture in the future

A14. If I tried to start a business, I would have a high chance of being successful

A15. Being an entrepreneur would give me great satisfaction

A16. It would be very difficult for me to develop a business idea

A17. My professional goal is to be an entrepreneur

A18. Being an entrepreneur implies more advantages than disadvantages to me

A19. I have a very low intention of ever starting a business

A20. I know all about the practical details needed to start a business

C. Indicate your level of agreement with the following sentences about the values society put on entrepreneurship from 1 (total disagreement) to 7 (total agreement).

 

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C1. My immediate family values entrepreneurial activity above other activities and careers

C2. The culture in my country is highly favorable towards the entrepreneurial activity

C3. The entrepreneur’s role in the economy is generally undervalued in my country

C4. My friends value entrepreneurial activity above other activities and careers

C5. Most people in my country consider it unacceptable to be an entrepreneur

C6. In my country, entrepreneurial activity is considered to be worthwhile, despite the risks

C7. My colleagues value entrepreneurial activity above other activities and careers

C8. It is commonly thought in my country that entrepreneurs take advantage of others

D. How do you rate yourself on the following entrepreneurial abilities/skill sets? Indicate from 1 (no aptitude at all) to 7 (very high aptitude).

 

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7

D1. Recognition of opportunity

D2. Creativity

D3. Problem solving skills

D4. Leadership and communication skills

D5. Development of new products and services

D6. Networking skills, and making professional contacts

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Liñán, F. Skill and value perceptions: how do they affect entrepreneurial intentions?. Int Entrep Manage J 4, 257–272 (2008). https://doi.org/10.1007/s11365-008-0093-0

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