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Riding on an entrepreneurial intention cycle? Explaining bidirectional spillover between volition and motivation

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  • To, Chester K.M.
  • Castillo, Agustin Carrilero
  • Berenguer, Klaus Jurgen Ulrich
  • Chau, K.P.

Abstract

This paper discusses entrepreneurial intention as originating from two discrete, inter-regulating psychological states, motivation and volition, in pursuits of distant venturing goals. The dependencies and tendencies of these two states are represented by a cross-lagged panel model with random intercepts (RI-CLPM) that can capture motivation-volition spillover as well as longitudinal carry-over effects in a timespan of four entrepreneurial action episodes. The RI-CLPM comprises three model components, namely the measurement of factorial structures, auto-correlated panel dynamics, and a causal pathway associated with distant entrepreneurial goals. In addition, the RI-CLPM is an integrated panel model that can estimate all relational effects simultaneously. One hundred and sixty-three entrepreneurial fledglings provided the data over eight months in 2020. The analytic findings offer insight into entrepreneurs’ consciousness over controlling the motivation-volition spillover attributed to perseverance, expediency, and sensitivity to market demands in a long-term venturing journey.

Suggested Citation

  • To, Chester K.M. & Castillo, Agustin Carrilero & Berenguer, Klaus Jurgen Ulrich & Chau, K.P., 2021. "Riding on an entrepreneurial intention cycle? Explaining bidirectional spillover between volition and motivation," Technological Forecasting and Social Change, Elsevier, vol. 173(C).
    • Handle: RePEc:eee:tefoso:v:173:y:2021:i:c:s0040162521005497
    DOI: 10.1016/j.techfore.2021.121116
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