Title: Setting affairs between entrepreneurial self-efficacy, value, motivation and intentions through serial mediation
Authors: Sandeep Singh; Priyanka Sharma; Sandeep Singh; Amarjit Kaur; Pooja Mehta; Rajni Bala
Addresses: University School of Applied Management, Punjabi University Patiala, Punjab, India ' Department of Commerce, Punjabi University, Patiala, Punjab, India ' Chitkara Business School, Chitkara University, Punjab, India ' Sri Aurobindo College of Commerce and Management, Ludhiana, Punjab, India ' Sri Aurobindo College of Commerce and Management, Ludhiana, Punjab, India ' University School of Business, Chandigarh University, Mohali, Punjab, India
Abstract: This study ponders upon factors influencing entrepreneurial intentions (EI) by examining serial mediation effect of perceived value (PV) of entrepreneurship and entrepreneurial motivation (EM) on entrepreneurial self-efficacy (ESE) and EI. To achieve the objectives of the research, simple random sampling technique was used, and data were collected from 260 MBA professional students. After applying Royston multivariate normality test, non-parametric technique of structural equation modelling (PLS-SEM) was used for further analysis. A significant serial mediation effect of PV of entrepreneurship and EM on entrepreneurial self-efficacy and entrepreneurial intention was established. The findings proved that PV of entrepreneurship plays a role as the mediator between entrepreneurial self-efficacy and EI, while EM performs as a mediator between ESE and EI. Results of this study have implications for entrepreneurship practice, organisations, and governments to examine the demands for entrepreneurial training and to adopt plans for growth of the economy.
Keywords: perceived value; PV; entrepreneurial motivation; EM; entrepreneurial self-efficacy; ESE; entrepreneurial intention; serial mediation.
DOI: 10.1504/IJESB.2024.142444
International Journal of Entrepreneurship and Small Business, 2024 Vol.53 No.4, pp.503 - 523
Received: 16 Mar 2022
Received in revised form: 01 Sep 2022
Accepted: 16 Oct 2022
Published online: 31 Oct 2024 *