IDEAS home Printed from https://ideas.repec.org/a/rfh/jprjor/v8y2022i3p227-236.html
   My bibliography  Save this article

An Empirical Investigation of Entrepreneurial Orientation, Social Capital, Entrepreneurial Motivation and Value Creation: The Mediating Role of Entrepreneurial Intention

Author

Listed:
  • Sadaf Tallia

    (Institute of Management Sciences, Bahauddin Zakariya University, Multan, Pakistan, https://orcid.org/0000-0001-7584-6682)

  • Muhammad Haroon Hafeez

    (Associate Professor, Institute of Management Sciences, Bahauddin Zakariya University, Multan, Pakistan)

Abstract

In the present world, SMEs mostly face trouble meeting the challenges of today's globally competitive marketplace as they lack sufficient versatility, technology, entrepreneurial knowledge and entrepreneurial intention throughout the business life cycle. This paper proposes a theoretical and practical framework based on a literature review and primary data analysis to understand and develop an entrepreneurial culture in Pakistani SMEs. The aim is to clarify the concept of entrepreneurial intention (EI) through a conceptual model developed by proposing antecedents of entrepreneurial intention (EI) in an integrated framework examining their impact on the theory of planned behaviour (TPB) to boost organisational value creation. This research paper contributes to TPB by proposing thoughtful hypotheses based on empirical results. Using PLS-SEM, our theoretical model is tested on a sample of 301 entrepreneurs in the Sports and Textile sector of Pakistani SMEs. Data is collected from the managers/owners of those entrepreneurial firms already existing in the market to gain better insights into the development of organisational value creation through EI. The results revealed that the best predictors for EI are antecedents like entrepreneurial orientation, social capital and entrepreneurial motivation that impact attitudes, subjective norms and PBC, respectively, of TPB to enhance EI. In addition, results confirmed that EI mediated the relationship between entrepreneurial orientation, social capital and entrepreneurial motivation for improving organisational value creation. In conclusion, the factors identified in this research study can act as a prime variable for management implications to achieve SMEs' longevity. The study also discussed theoretical and practical implications and research limitations.

Suggested Citation

  • Sadaf Tallia & Muhammad Haroon Hafeez, 2022. "An Empirical Investigation of Entrepreneurial Orientation, Social Capital, Entrepreneurial Motivation and Value Creation: The Mediating Role of Entrepreneurial Intention," Journal of Policy Research (JPR), Research Foundation for Humanity (RFH), vol. 8(3), pages 227-236, September.
    • Handle: RePEc:rfh:jprjor:v:8:y:2022:i:3:p:227-236
    as

    Download full text from publisher

    File URL: https://jprpk.com/index.php/jpr/article/view/86/127
    Download Restriction: no
    File URL: https://jprpk.com/index.php/jpr/article/view/86
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Denny Bernardus & Fulgentius Danardana Murwani & Elia Ardyan & Liestya Padmawidjaja & Imanuel Deny Krisna Aji & Stefan Yudana Jatiperwira & Djoko Dwi Kusumojanto & Cipto Wardoyo & Yustinus Budi Herman, 2020. "Which psychological characteristics strengthen “The entrepreneurial intention-action relationship”?: An extension of the theory of planned behavior," Cogent Business & Management, Taylor & Francis Journals, vol. 7(1), pages 1823579-182, January.
    2. Teemu Kautonen & Marco van Gelderen & Matthias Fink, 2015. "Robustness of the Theory of Planned Behavior in Predicting Entrepreneurial Intentions and Actions," Entrepreneurship Theory and Practice, , vol. 39(3), pages 655-674, May.
    3. Wei-Loon Koe, 2016. "The relationship between Individual Entrepreneurial Orientation (IEO) and entrepreneurial intention," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 6(1), pages 1-11, December.
    4. Samiul Hasan, 2005. "Social Capital and Social Entrepreneurship in Asia: Analysing the Links," Asia Pacific Journal of Public Administration, Taylor & Francis Journals, vol. 27(1), pages 1-17, June.
    5. Davidsson, Per & Achtenhagen, Leona & Naldi, Lucia, 2010. "Small Firm Growth," Foundations and Trends(R) in Entrepreneurship, now publishers, vol. 6(2), pages 69-166, May.
    6. Denisa GILMEANU & Oana GAUCA, 2017. "Academic Leadership And Social Capital In Universities Through Social Entrepreneurship," Management and Marketing Journal, University of Craiova, Faculty of Economics and Business Administration, vol. 0(2), pages 22-33, November.
    7. Riccardo Fini & Rosa Grimaldi & Gian Luca Marzocchi & Maurizio Sobrero, 2012. "The Determinants of Corporate Entrepreneurial Intention within Small and Newly Established Firms," Entrepreneurship Theory and Practice, , vol. 36(2), pages 387-414, March.
    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. Meoli, Azzurra & Fini, Riccardo & Sobrero, Maurizio & Wiklund, Johan, 2020. "How entrepreneurial intentions influence entrepreneurial career choices: The moderating influence of social context," Journal of Business Venturing, Elsevier, vol. 35(3).
    2. Meqbel M. Aliedan & Ibrahim A. Elshaer & Mansour A. Alyahya & Abu Elnasr E. Sobaih, 2022. "Influences of University Education Support on Entrepreneurship Orientation and Entrepreneurship Intention: Application of Theory of Planned Behavior," Sustainability, MDPI, vol. 14(20), pages 1-18, October.
    3. Shirokova, Galina & Osiyevskyy, Oleksiy & Bogatyreva, Karina, 2016. "Exploring the intention–behavior link in student entrepreneurship: Moderating effects of individual and environmental characteristics," European Management Journal, Elsevier, vol. 34(4), pages 386-399.
    4. Tendai Douglas Svotwa & Olumide Jaiyeoba & Mornay Roberts-Lombard & Charles Makanyeza, 2022. "Perceived Access to Finance, Entrepreneurial Self-Efficacy, Attitude Toward Entrepreneurship, Entrepreneurial Ability, and Entrepreneurial Intentions: A Botswana Youth Perspective," SAGE Open, , vol. 12(2), pages 21582440221, May.
    5. Najmul Hoda & Naim Ahmad & Shankar Lal Gupta & Mohammad Mahtab Alam & Irfan Ahmad, 2021. "Application of Entrepreneurial Intention Model in Comparative International Entrepreneurship Research: A Cross-Cultural Study of India and Saudi Arabia," Sustainability, MDPI, vol. 13(23), pages 1-23, December.
    6. Mario Rosique-Blasco & Antonia Madrid-Guijarro & Domingo García-Pérez-de-Lema, 2018. "The effects of personal abilities and self-efficacy on entrepreneurial intentions," International Entrepreneurship and Management Journal, Springer, vol. 14(4), pages 1025-1052, December.
    7. Jelle Schepers & Wim Voordeckers & Tensie Steijvers & Eddy Laveren, 2021. "Entrepreneurial intention-action gap in family firms: bifurcation bias and the board of directors as an economizing mechanism," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 11(3), pages 451-475, September.
    8. Tengku Mohd Azizuddin Tuan Mahmood & Abdullah Al Mamun & Ghazali Bin Ahmad & Mohamed Dahlan Ibrahim, 2019. "Predicting Entrepreneurial Intentions and Pre-Start-Up Behaviour among Asnaf Millennials," Sustainability, MDPI, vol. 11(18), pages 1-26, September.
    9. Shalini Shukla & Rakesh Kumar, 2024. "Venturing into a New Business: Do Self-efficacy and Risk-taking Propensity Help?," Vikalpa: The Journal for Decision Makers, , vol. 49(1), pages 25-44, March.
    10. Massimiliano Vesci & Antonio Botti & Rosangela Feola & Chiara Crudele, 2021. "Academic Entrepreneurial Intention and Its Determinants: Exploring the Moderating Role of Innovation Ecosystem," International Journal of Business and Management, Canadian Center of Science and Education, vol. 15(8), pages 1-39, July.
    11. Evelien Croonen & Hans van Der Bij & Rozenn Perrigot & Assaad El Akremi & Olivier Herrbach, 2022. "Who wants to be a franchisee? Explaining individual intentions to become franchisees," Post-Print hal-03281669, HAL.
    12. Ghulam Raza Sargani & Deyi Zhou & Muhammad Haseeb Raza & Yuzhi Wei, 2020. "Sustainable Entrepreneurship in the Agriculture Sector: The Nexus of the Triple Bottom Line Measurement Approach," Sustainability, MDPI, vol. 12(8), pages 1-24, April.
    13. Abu Elnasr E. Sobaih & Ibrahim A. Elshaer, 2022. "Structural Equation Modeling-Based Multi-Group Analysis: Examining the Role of Gender in the Link between Entrepreneurship Orientation and Entrepreneurial Intention," Mathematics, MDPI, vol. 10(20), pages 1-23, October.
    14. Fernando Castelló-Sirvent & Pablo Pinazo-Dallenbach, 2021. "Corruption Shock in Mexico: fsQCA Analysis of Entrepreneurial Intention in University Students," Mathematics, MDPI, vol. 9(14), pages 1-31, July.
    15. Carlos Bazan, 2022. "Effect of the University’s Environment and Support System on Subjective Social Norms as Precursor of the Entrepreneurial Intention of Students," SAGE Open, , vol. 12(4), pages 21582440221, October.
    16. Fayolle, Alain & Liñán, Francisco, 2014. "The future of research on entrepreneurial intentions," Journal of Business Research, Elsevier, vol. 67(5), pages 663-666.
    17. Zhiyang Liu & Guixing Wu, 2022. "Gendered motives towards hybrid entrepreneurial intentions: Empirical evidence from China," International Studies of Economics, John Wiley & Sons, vol. 17(1), pages 36-64, June.
    18. Tshehla, Steven S. & Chodokufa, Kudakwashe & Costa, King, 2021. "Entrepreneurship Education’s Influence on Learner’s Entrepreneurship Intention in South African Schools," AfricArxiv gpn98, Center for Open Science.
    19. I Wayan Ruspendi Junaedi & I Wayan Damayana & Dermawan Waruwu & I Gusti Bagus Rai Utama, 2020. "Social Enterprises through Traditional Cooperation: Love, Joint Responsibility, Portfolio, and Wellbeing," Technium Social Sciences Journal, Technium Science, vol. 12(1), pages 333-346, October.
    20. Maria Tunberg & Alistair R. Anderson, 2020. "Growing a small firm; experiences and managing difficult processes," International Entrepreneurship and Management Journal, Springer, vol. 16(4), pages 1445-1463, December.

    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:rfh:jprjor:v:8:y:2022:i:3:p:227-236. 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: Dr. Muhammad Irfan Chani (email available below). General contact details of provider: https://edirc.repec.org/data/rffhlpk.html .

    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.