Indian Institute of Public Administration

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Venturing into a new business: Do self-efficacy and risk-taking propensity help? (Record no. 526398)

000 -LEADER
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008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
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100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Shukla, Shalini and Kumar, Rakesh
245 ## - TITLE STATEMENT
Title Venturing into a new business: Do self-efficacy and risk-taking propensity help?
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication, distribution, etc Vikapla: The Journal for Decision Makers
300 ## - PHYSICAL DESCRIPTION
Extent 49(1), Jan-Mar, 2024: p.25-44
520 ## - SUMMARY, ETC.
Summary, etc India, the most populated country, faces the challenges of providing jobs to eligible candidates. Therefore, the promotion of entrepreneurship and the development of an ecosystem of start-ups are highly required. For any country, start-ups and new business ventures are important pillars of economic development. Therefore, college students must be encouraged and trained to become job-givers rather than job-seekers by venturing into a new business. Keeping the present scenario of India as a pivotal point, the study aims to examine the entrepreneurial intention (EI) of college students towards venturing into new businesses. The current study utilizes Ajzen’s (1991) theory of planned behaviour (TPB model), which is a widely used theoretical framework in entrepreneurship research. The study mainly investigates the role of entrepreneurial self-efficacy and risk-taking propensity in developing EIs among college students. A quantitative research design was used to achieve the stated objective of the study. An extensive literature review has been conducted to formulate the questionnaire. All variables were measured using the five-point Likert scale. Moreover, age, gender and exposure to family business were taken as control variables. Three hundred seventy-four responses were collected and analysed using structural equation modelling with Amos 22.0. The results demonstrated that all three variables concerning the TPB model, i.e., attitude, subjective norms and perceived feasibility, positively influence EIs. In addition, entrepreneurial self-efficacy affects EIs both directly and indirectly through perceived feasibility, while the effect of risk-taking propensity is fully mediated by attitude. The study produced meaningful theoretical and practical implications. Theoretically, the study contributes to entrepreneurial literature by signifying the role of self-efficacy and risk-taking propensity in forming EIs. The study also provides insights that may benefit policymakers and governments in formulating appropriate plans to boost EIs among students.- Reproduced

https://journals.sagepub.com/doi/full/10.1177/02560909241234226
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Entrepreneurial Intention (EI), Entrepreneurship, Start-Ups, Job Creation, Economic Development, College Students, Theory of Planned Behaviour (TPB), Entrepreneurial Self-Efficacy, Risk-Taking Propensity, Quantitative Research, Likert Scale, Structural Equation Modelling (SEM), Attitude, Subjective Norms, Perceived Feasibility, Business Ventures, Policy Implications, Government Initiatives, Innovation, Family Business Exposure.
9 (RLIN) 53281
773 ## - HOST ITEM ENTRY
Main entry heading Vikapla: The Journal for Decision Makers
906 ## - LOCAL DATA ELEMENT F, LDF (RLIN)
Subject DIP ENTREPRENEURSHIP
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Item type Articles
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Permanent location Current location Date acquired Serial Enumeration / chronology Barcode Date last seen Koha item type
          Indian Institute of Public Administration Indian Institute of Public Administration 2024-05-31 49(1), Jan-Mar, 2024: p.25-44 AR132118 2024-05-31 Articles

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