IDEAS home Printed from https://ideas.repec.org/a/rnd/arjebs/v9y2017i1p166-178.html
   My bibliography  Save this article

A Hierarchical Multiple Regression Approach on Determining the Effect of Psychological Capital on Entrepreneurial Intention amongst Prospective University Graduates in South Africa

Author

Listed:
  • Clifford Kendrick Hlatywayo
  • Chioneso Show Marange
  • Willie Tafadzwa Chinyamurindi

Abstract

The goal of the study is to identify the contribution of psychological capital in the prediction of entrepreneurial intention using the Theory of Planned Behaviour (TPB) as a theoretical lens. South Africa needs young entrepreneurs, not job seekers. However, in order to adapt, graduates must rely on psychological resources to succeed in their entrepreneurial ventures and pursuits. Using the TPB and Psychological capital (Psycap), the researchers explored the influence of planned behaviour and Pyscap on entrepreneurial intention of 270 final year students in the Management and Commerce faculty at a selected university in the Eastern Cape Province of South Africa. A structured questionnaire was used to collect data as the researchers opted for a survey design. Results of hierarchical multiple regression modelling showed that entrepreneurial intentions is positively influenced by perceived behavioural control (β1 = 0.367; p = <0.0001) attitudes towards becoming an entrepreneur (β2 = 0.316; p = <0.0001) and resilience (β3 = 0.130; p = 0.009). The resultant model revealed that resilience (ΔR2 = 0.016; R2 = 0.392; df = 266; p = 0.009) was the only significant psychological capital construct that added unique variance in predicting entrepreneurial intention above and beyond, which is predicted by the theory of planned behavior variables among the prospective graduates. Findings of the study are helpful to policy makers as they try to optimise strategies for entrepreneurial success in the South African context and the developing world.

Suggested Citation

  • Clifford Kendrick Hlatywayo & Chioneso Show Marange & Willie Tafadzwa Chinyamurindi, 2017. "A Hierarchical Multiple Regression Approach on Determining the Effect of Psychological Capital on Entrepreneurial Intention amongst Prospective University Graduates in South Africa," Journal of Economics and Behavioral Studies, AMH International, vol. 9(1), pages 166-178.
    • Handle: RePEc:rnd:arjebs:v:9:y:2017:i:1:p:166-178
    DOI: 10.22610/jebs.v9i1(J).1568
    as

    Download full text from publisher

    File URL: https://ojs.amhinternational.com/index.php/jebs/article/view/1568/1390
    Download Restriction: no
    File URL: https://ojs.amhinternational.com/index.php/jebs/article/view/1568
    Download Restriction: no
    File URL: https://libkey.io/10.22610/jebs.v9i1(J).1568?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. repec:taf:entreg:v:23:y:2011:i:3-4:p:187-215 is not listed on IDEAS
    2. Teemu Kautonen & Marco van Gelderen & Erno T. Tornikoski, 2013. "Predicting entrepreneurial behaviour: a test of the theory of planned behaviour," Applied Economics, Taylor & Francis Journals, vol. 45(6), pages 697-707, February.
    3. Andrew Henley, 2007. "Entrepreneurial aspiration and transition into self-employment: evidence from British longitudinal data," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 19(3), pages 253-280, May.
    4. Ajzen, Icek, 1991. "The theory of planned behavior," Organizational Behavior and Human Decision Processes, Elsevier, vol. 50(2), pages 179-211, December.
    5. Kolvereid, Lars & Isaksen, Espen, 2006. "New business start-up and subsequent entry into self-employment," Journal of Business Venturing, Elsevier, vol. 21(6), pages 866-885, November.
    6. Walter, Sascha G. & Block, Jörn H., 2016. "Outcomes of entrepreneurship education: An institutional perspective," Journal of Business Venturing, Elsevier, vol. 31(2), pages 216-233.
    7. Luthans, Fred & Luthans, Kyle W. & Luthans, Brett C., 2004. "Positive psychological capital: beyond human and social capital," Business Horizons, Elsevier, vol. 47(1), pages 45-50.
    8. Chakraborty, Shankha & Thompson, Jon C. & Yehoue, Etienne B., 2016. "The culture of entrepreneurship," Journal of Economic Theory, Elsevier, vol. 163(C), pages 288-317.
    9. Gartner, William B. & Shane, Scott A., 1995. "Measuring entrepreneurship over time," Journal of Business Venturing, Elsevier, vol. 10(4), pages 283-301, July.
    10. Susan Mueller, 2011. "Increasing entrepreneurial intention: effective entrepreneurship course characteristics," International Journal of Entrepreneurship and Small Business, Inderscience Enterprises Ltd, vol. 13(1), pages 55-74.
    11. KruegerJR, Norris F. & Reilly, Michael D. & Carsrud, Alan L., 2000. "Competing models of entrepreneurial intentions," Journal of Business Venturing, Elsevier, vol. 15(5-6), pages 411-432.
    12. Souitaris, Vangelis & Zerbinati, Stefania & Al-Laham, Andreas, 2007. "Do entrepreneurship programmes raise entrepreneurial intention of science and engineering students? The effect of learning, inspiration and resources," Journal of Business Venturing, Elsevier, vol. 22(4), pages 566-591, July.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Olawale Fatoki, 2018. "The Impact of Entrepreneurial Resilience on the Success of Small and Medium Enterprises in South Africa," Sustainability, MDPI, vol. 10(7), pages 1-12, July.

    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. Christopher Schlaegel & Michael Koenig, 2014. "Determinants of Entrepreneurial Intent: A Meta–Analytic Test and Integration of Competing Models," Entrepreneurship Theory and Practice, , vol. 38(2), pages 291-332, March.
    2. 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.
    3. Giuseppe Criaco & Philipp Sieger & Karl Wennberg & Francesco Chirico & Tommaso Minola, 2017. "Parents’ performance in entrepreneurship as a “double-edged sword” for the intergenerational transmission of entrepreneurship," Small Business Economics, Springer, vol. 49(4), pages 841-864, December.
    4. Virginia Fernández-Pérez & Ana Montes-Merino & Lázaro Rodríguez-Ariza & Patricia Esther Alonso Galicia, 2019. "Emotional competencies and cognitive antecedents in shaping student’s entrepreneurial intention: the moderating role of entrepreneurship education," International Entrepreneurship and Management Journal, Springer, vol. 15(1), pages 281-305, March.
    5. Lizette Huezo-Ponce & Virginia Fernández-Pérez & Lázaro Rodríguez-Ariza, 2021. "Emotional competencies and entrepreneurship: modeling universities," International Entrepreneurship and Management Journal, Springer, vol. 17(3), pages 1497-1519, September.
    6. Adnane MAALAOUI & Imen SAFRAOU & Judith PARTOUCHE & Celine Viala, 2019. "How Subjective Age Affects Entrepreneurship: The Effects of Rejuvenating Trend on Entrepreneurial Intention among Seniors," Working Papers 2019-002, Department of Research, Ipag Business School.
    7. Attila Lajos Makai & Tibor DH{o}ry, 2023. "Perceived university support and environment as a factor of entrepreneurial intention: Evidence from Western Transdanubia Region," Papers 2306.09678, arXiv.org.
    8. Rohit H. Trivedi, 2017. "Entrepreneurial-intention constraint model: A comparative analysis among post-graduate management students in India, Singapore and Malaysia," International Entrepreneurship and Management Journal, Springer, vol. 13(4), pages 1239-1261, December.
    9. Adnane Maalaoui & Judith Partouche & Imen Safraou & Celine Viala, 2023. "Senior entrepreneurship: how subjective age affects seniors’ entrepreneurial intentions," Review of Managerial Science, Springer, vol. 17(2), pages 443-465, February.
    10. Laspita, Stavroula & Sitaridis, Ioannis & Kitsios, Fotis & Sarri, Katerina, 2023. "Founder or employee? The effect of social factors and the role of entrepreneurship education," Journal of Business Research, Elsevier, vol. 155(PA).
    11. Arezou Abbasianchavari & Alexandra Moritz, 2021. "The impact of role models on entrepreneurial intentions and behavior: a review of the literature," Management Review Quarterly, Springer, vol. 71(1), pages 1-40, February.
    12. Carlos Bazan & Hannah Gaultois & Arifusalam Shaikh & Katie Gillespie & Sean Frederick & Ali Amjad & Simon Yap & Chantel Finn & James Rayner & Nafisa Belal, 2020. "A systematic literature review of the influence of the university’s environment and support system on the precursors of social entrepreneurial intention of students," Journal of Innovation and Entrepreneurship, Springer, vol. 9(1), pages 1-28, December.
    13. Messele Kumilachew Aga, 2023. "The mediating role of perceived behavioral control in the relationship between entrepreneurship education and entrepreneurial intentions of university students in Ethiopia," Journal of Innovation and Entrepreneurship, Springer, vol. 12(1), pages 1-18, December.
    14. Justice Malebana, 2014. "Entrepreneurial intentions of South African rural university students: A test of the theory of planned behaviour," Journal of Economics and Behavioral Studies, AMH International, vol. 6(2), pages 130-143.
    15. António Porfírio, José & Augusto Felício, José & Carrilho, Tiago & Jardim, Jacinto, 2023. "Promoting entrepreneurial intentions from adolescence: The influence of entrepreneurial culture and education," Journal of Business Research, Elsevier, vol. 156(C).
    16. Francesc Miralles & Ferran Giones & Brian Gozun, 2017. "Does direct experience matter? Examining the consequences of current entrepreneurial behavior on entrepreneurial intention," International Entrepreneurship and Management Journal, Springer, vol. 13(3), pages 881-903, September.
    17. Anca-Otilia Dodescu & Elena-Aurelia Botezat & Alexandru Constăngioară & Ioana-Crina Pop-Cohuţ, 2021. "A Partial Least-Square Mediation Analysis of the Contribution of Cross-Campus Entrepreneurship Education to Students’ Entrepreneurial Intentions," Sustainability, MDPI, vol. 13(16), pages 1-26, August.
    18. Laspita, Stavroula & Breugst, Nicola & Heblich, Stephan & Patzelt, Holger, 2012. "Intergenerational transmission of entrepreneurial intentions," Journal of Business Venturing, Elsevier, vol. 27(4), pages 414-435.
    19. Séverine Chevalier & Isabelle Calmé & Hélène Coillot & Karine Le Rudulier & Evelyne Fouquereau, 2022. "How Can Students' Entrepreneurial Intention Be Increased? The Role of Psychological Capital, Perceived Learning From an Entrepreneurship Education Program, Emotions and Their Relationships," Post-Print hal-03633580, HAL.
    20. Rajib Roy & Fatima Akhtar & Niladri Das, 2017. "Entrepreneurial intention among science & technology students in India: extending the theory of planned behavior," International Entrepreneurship and Management Journal, Springer, vol. 13(4), pages 1013-1041, December.

    More about this item

    Statistics

    Access and download statistics

    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:rnd:arjebs:v:9:y:2017:i:1:p:166-178. 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: Muhammad Tayyab (email available below). General contact details of provider: https://ojs.amhinternational.com/index.php/jebs .

    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.