Entrepreneurial intentions in times of economic recession: the dual role of environment Online publication date: Mon, 14-Nov-2022
by Katerina Voutsina; Giorgos Papagiannakis; Spyros Lioukas
J. for International Business and Entrepreneurship Development (JIBED), Vol. 14, No. 3, 2022
Abstract: Although intentions are considered the most frequently used predictor of entrepreneurial action, little is known about how such intentions are formed under adverse environmental conditions. Given that the disruption of economic activities has become the new normal for business, understanding the influence of a severely resource-poor context on the intention to initiate a new venture is important. Addressing the above concern, the present study explores the impact of the economic recession on entrepreneurial intentions. Drawing upon the theory of planned behaviour (TPB) and applying the structural equation modelling design to a sample of 618 university graduates in Greece, we show that recession plays a dual role: it negatively affects subjective norms and self-efficacy while also moderating the attitudes-intention relationship. Implications for theory and practice are discussed.
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the J. for International Business and Entrepreneurship Development (JIBED):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email subs@inderscience.com
Our Blog 
Follow us on Twitter 
Visit us on Facebook