IDEAS home Printed from https://ideas.repec.org/a/bjw/econen/v11y2021i1p73-82.html
   My bibliography  Save this article

The effect of risk-taking propensity on social entrepreneurial intention: Evidence from Vietnam

Author

Listed:
  • Phan Tan Luc

    (Thu Dau Mot University, Vietnam)

  • Pham Xuan Lan

    (University of Economics Ho Chi Minh City, Vietnam)

  • Bui Ngoc Tuan Anh

    (Ho Chi Minh City Open University, Vietnam)

  • Dam Tri Cuong

    (Industrial University of Ho Chi Minh City, Vietnam)

Abstract

This study aims to investigate the impact of risk-taking propensity on social entrepreneurial intention by extending the model of Mair and Noboa (2006), and examine the mediating effects of perceived feasibility and perceived desirability. The results obtained from a survey of 795 final semester students. Four-steps suggested by Baron and Kenny (1986) was followed to test the mediation effects of perceived desirability and perceived feasibility in the relationship between risk-taking propensity and social entrepreneurial intention. There is no direct relationship between risk-taking propensity and entrepreneurial intention. The results showed that the perceived feasibility fully mediated the effects of risk-taking propensity to social entrepreneurial intention. These results are expected to trigger a change in education about social entrepreneurship by developing programs for individuals who have different perceived risks. In addition, knowledge and skills to reduce the perceived risk of individuals also needs to be more concerned.

Suggested Citation

  • Phan Tan Luc & Pham Xuan Lan & Bui Ngoc Tuan Anh & Dam Tri Cuong, 2021. "The effect of risk-taking propensity on social entrepreneurial intention: Evidence from Vietnam," HO CHI MINH CITY OPEN UNIVERSITY JOURNAL OF SCIENCE - ECONOMICS AND BUSINESS ADMINISTRATION, HO CHI MINH CITY OPEN UNIVERSITY JOURNAL OF SCIENCE, HO CHI MINH CITY OPEN UNIVERSITY, vol. 11(1), pages 73-82.
    • Handle: RePEc:bjw:econen:v:11:y:2021:i:1:p:73-82
    DOI: 10.46223/HCMCOUJS.econ.en.11.1.543.2021
    as

    Download full text from publisher

    File URL: https://journalofscience.ou.edu.vn/index.php/econ-en/article/view/543/1096
    Download Restriction: no
    File URL: https://libkey.io/10.46223/HCMCOUJS.econ.en.11.1.543.2021?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Jintong Tang & Zhi Tang, 2007. "The relationship of achievement motivation and risk-taking propensity to new venture performance: a test of the moderating effect of entrepreneurial munificence," International Journal of Entrepreneurship and Small Business, Inderscience Enterprises Ltd, vol. 4(4), pages 450-472.
    2. Mitchell, J. Robert & Shepherd, Dean A., 2010. "To thine own self be true: Images of self, images of opportunity, and entrepreneurial action," Journal of Business Venturing, Elsevier, vol. 25(1), pages 138-154, January.
    3. Johanna Mair & Ignasi Marti, 2006. "Social Entrepreneurship Research: A Source of Explanation, Prediction, and Delight," Post-Print hal-02311880, HAL.
    4. Norris F. Krueger Jr. & Deborah V. Brazeal, 1994. "Entrepreneurial Potential and Potential Entrepreneurs," Entrepreneurship Theory and Practice, , vol. 18(3), pages 91-104, April.
    5. James Austin & Howard Stevenson & Jane Wei–Skillern, 2006. "Social and Commercial Entrepreneurship: Same, Different, or Both?," Entrepreneurship Theory and Practice, , vol. 30(1), pages 1-22, January.
    6. Johanna Mair & Ernesto Noboa, 2006. "Social Entrepreneurship: How Intentions to Create a Social Venture are Formed," Palgrave Macmillan Books, in: Johanna Mair & Jeffrey Robinson & Kai Hockerts (ed.), Social Entrepreneurship, chapter 8, pages 121-135, Palgrave Macmillan.
    7. Johanna Mair & Julie Battilana & Julian Cardenas, 2012. "Organizing for Society: A Typology of Social Entrepreneuring Models," Journal of Business Ethics, Springer, vol. 111(3), pages 353-373, December.
    8. Mair, Johanna & Martí, Ignasi, 2006. "Social entrepreneurship research: A source of explanation, prediction, and delight," Journal of World Business, Elsevier, vol. 41(1), pages 36-44, February.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Philipp Kruse, 2020. "Can there only be one? – an empirical comparison of four models on social entrepreneurial intention formation," International Entrepreneurship and Management Journal, Springer, vol. 16(2), pages 641-665, June.
    2. Vivek Ahuja & Asif Akhtar & O. P. Wali, 2019. "Development of a comprehensive model of social entrepreneurial intention formation using a quality tool," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 9(1), pages 1-27, December.
    3. Adélie Ranville & Marcos Barros, 2022. "Towards Normative Theories of Social Entrepreneurship. A Review of the Top Publications of the Field," Journal of Business Ethics, Springer, vol. 180(2), pages 407-438, October.
    4. Reeti Kulshrestha & Arunaditya Sahay & Subhanjan Sengupta, 2022. "Constituents and Drivers of Mission Engagement for Social Enterprise Sustainability: A Systematic Review," Journal of Entrepreneurship and Innovation in Emerging Economies, Entrepreneurship Development Institute of India, vol. 31(1), pages 90-120, March.
    5. Maria Margarida Avillez & Andrew Greenman & Susan Marlow, 2020. "Ethical Judgments About Social Entrepreneurship in Sub-Saharan Africa: The Influence of Spatio-Cultural Meanings," Journal of Business Ethics, Springer, vol. 161(4), pages 877-892, February.
    6. Geoffrey M. Kistruck & Paul W. Beamish, 2010. "The Interplay of Form, Structure, and Embeddedness in Social Intrapreneurship," Entrepreneurship Theory and Practice, , vol. 34(4), pages 735-761, July.
    7. Régis Y. Chenavaz & Alexandra Couston & Stéphanie Heichelbech & Isabelle Pignatel & Stanko Dimitrov, 2023. "Corporate Social Responsibility and Entrepreneurial Ventures: A Conceptual Framework and Research Agenda," Sustainability, MDPI, vol. 15(11), pages 1-30, May.
    8. Kaushik, Vineet & Tewari, Shobha & Sahasranamam, Sreevas & Hota, Pradeep Kumar, 2023. "Towards a precise understanding of social entrepreneurship: An integrated bibliometric–machine learning based review and research agenda," Technological Forecasting and Social Change, Elsevier, vol. 191(C).
    9. Paola Bernardi & Alberto Bertello & Canio Forliano & Ludovico Bullini Orlandi, 2022. "Beyond the “ivory tower”. Comparing academic and non-academic knowledge on social entrepreneurship," International Entrepreneurship and Management Journal, Springer, vol. 18(3), pages 999-1032, September.
    10. Gupta, Parul & Chauhan, Sumedha & Paul, Justin & Jaiswal, M.P., 2020. "Social entrepreneurship research: A review and future research agenda," Journal of Business Research, Elsevier, vol. 113(C), pages 209-229.
    11. Karina Cagarman & Jan Kratzer & Katharina Osbelt, 2020. "Social Entrepreneurship: Dissection of a Phenomenon through a German Lens," Sustainability, MDPI, vol. 12(18), pages 1-18, September.
    12. Sumit Mitra & Pradeep Kumar Hota, 2019. "Organizational Stigma and Resource Mobilization Challenges in a Social Enterprise: Arguing for a Grounded Research," Working papers 339, Indian Institute of Management Kozhikode.
    13. Patricia Doyle Corner & Marcus Ho, 2010. "How Opportunities Develop in Social Entrepreneurship," Entrepreneurship Theory and Practice, , vol. 34(4), pages 635-659, July.
    14. Jason Lortie & Kevin C. Cox, 2018. "On the boundaries of social entrepreneurship: a review of relationships with related research domains," International Entrepreneurship and Management Journal, Springer, vol. 14(3), pages 639-648, September.
    15. Jeffery S. McMullen & Katrina M. Brownell & Joel Adams, 2021. "What Makes an Entrepreneurship Study Entrepreneurial? Toward A Unified Theory of Entrepreneurial Agency," Entrepreneurship Theory and Practice, , vol. 45(5), pages 1197-1238, September.
    16. Mir Shahid Satar & Deepanshi Aggarwal & Rohit Bansal & Ghadah Alarifi, 2023. "Mapping the Knowledge Structure and Unveiling the Research Trends in Social Entrepreneurship and Inclusive Development: A Bibliometric Analysis," Sustainability, MDPI, vol. 15(7), pages 1-28, March.
    17. Mariarosa Scarlata & Jennifer Walske & Andrew Zacharakis, 2017. "Ingredients Matter: How the Human Capital of Philanthropic and Traditional Venture Capital Differs," Journal of Business Ethics, Springer, vol. 145(3), pages 623-635, October.
    18. Vineet Kaushik & Shobha Tewari, 2023. "Modeling Opportunity Indicators Fostering Social Entrepreneurship: A Hybrid Delphi and Best-Worst Approach," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 168(1), pages 667-698, August.
    19. Othmar M. Lehner & Juha Kansikas, 2012. "Opportunity Recognition in Social Entrepreneurship," Journal of Entrepreneurship and Innovation in Emerging Economies, Entrepreneurship Development Institute of India, vol. 21(1), pages 25-58, March.
    20. Zahra Arasti & Hadi Zarei & Fatemeh Didehvar, 2015. "Identifying the Evaluative Indicators of Regulatory Policies for the Development of Social Entrepreneurship," Public Organization Review, Springer, vol. 15(3), pages 453-474, September.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bjw:econen:v:11:y:2021:i:1:p:73-82. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Vu Tuan Truong (email available below). General contact details of provider: https://journalofscience.ou.edu.vn/index.php/econ-en .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.