IDEAS home Printed from https://ideas.repec.org/a/spr/joiaen/v9y2020i1d10.1186_s13731-020-00125-5.html
   My bibliography  Save this article

The study of the causal relationship between innovativeness and entrepreneurial intention among undergraduate students

Author

Listed:
  • Narubodee Wathanakom

    (Chulalongkorn University)

  • Jintavee Khlaisang

    (Chulalongkorn University)

  • Noawanit Songkram

    (Chulalongkorn University)

Abstract

In recent years, entrepreneurs have become key drivers of business growth worldwide, since that time, entrepreneurial education has subsequently been garnering an increased level of interest. Entrepreneurship is considered to be a combination of both art and science, used to create value when targeting customers; however, there appears to be a myth when it comes to the recipe required for success. It was discovered by The Office of Small and Medium Enterprise Promotion that less than 10% of Thai small and medium entrepreneurial businesses were successful, while the global rate of success is close to 5 times higher than that of Thailand. Therefore, a better understanding of key success factors is necessary going forward. Typically, an entrepreneur’s journey starts with entrepreneurial intention, opportunity recognition, business initiative creation, and resource assembly, if they are to start their venture successfully. Entrepreneurial intention is a prerequisite to entrepreneurial behavior, based on the theory of planned behavior. Subsequently, scholars are interested in the key factors which drive entrepreneurial intention. While innovativeness has been proven to be one of the critical factors within certain groups of the population, there is little empirical data on the causal relationship between innovativeness and entrepreneurial intention amongst undergraduate students. As such, this study has two main objectives: (1) to explore factors influencing innovativeness, attitudes towards entrepreneurship and the entrepreneurial intentions of undergraduate students, and (2) to understand the causal relationship between innovativeness and entrepreneurial intentions among undergraduate students. The population of the study is comprised of undergraduate students from public universities and 330 effective responses were received in the survey. Based on the findings from confirmatory analysis and multiple regression, the empirical data is consistent with the theoretical measurement model for both innovativeness and entrepreneurial intention and (2) innovativeness can effectively predict entrepreneurial intention among undergraduate students.

Suggested Citation

  • Narubodee Wathanakom & Jintavee Khlaisang & Noawanit Songkram, 2020. "The study of the causal relationship between innovativeness and entrepreneurial intention among undergraduate students," Journal of Innovation and Entrepreneurship, Springer, vol. 9(1), pages 1-13, December.
    • Handle: RePEc:spr:joiaen:v:9:y:2020:i:1:d:10.1186_s13731-020-00125-5
    DOI: 10.1186/s13731-020-00125-5
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1186/s13731-020-00125-5
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1186/s13731-020-00125-5?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
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Patricia P. Iglesias-Sánchez & Carmen Jambrino-Maldonado & Carlos de las Heras-Pedrosa, 2019. "Training Entrepreneurial Competences with Open Innovation Paradigm in Higher Education," Sustainability, MDPI, vol. 11(17), pages 1-23, August.
    2. Carlos Bazan & Aparajita Datta & Hannah Gaultois & Arifusalam Shaikh & Katie Gillespie & Jada Jones, 2019. "Effect Of The University In The Entrepreneurial Intention Of Female Students," International Journal of Entrepreneurial Knowledge, Center for International Scientific Research of VSO and VSPP, vol. 7(2), pages 73-97, December.
    3. Covin, Jeffrey G. & Slevin, Dennis P., 1990. "New venture strategic posture, structure, and performance: An industry life cycle analysis," Journal of Business Venturing, Elsevier, vol. 5(2), pages 123-135, March.
    4. Sanawi M. Sharahiley, 2020. "Examining Entrepreneurial Intention of the Saudi Arabia’s University Students: Analyzing Alternative Integrated Research Model of TPB and EEM," Global Journal of Flexible Systems Management, Springer;Global Institute of Flexible Systems Management, vol. 21(1), pages 67-84, March.
    5. Rizwan Qaiser Danish & Javeria Asghar & Zeeshan Ahmad & Hafiz Fawad Ali, 2019. "Factors affecting “entrepreneurial culture”: the mediating role of creativity," Journal of Innovation and Entrepreneurship, Springer, vol. 8(1), pages 1-12, December.
    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. Bingyan Tu & Roni Bhowmik & Md. Kamrul Hasan & Ahmed Al Asheq & Md. Atikur Rahaman & Xia Chen, 2021. "Graduate Students’ Behavioral Intention towards Social Entrepreneurship: Role of Social Vision, Innovativeness, Social Proactiveness, and Risk Taking," Sustainability, MDPI, vol. 13(11), pages 1-23, June.
    2. Yuanyuan Chen & Wei Liu & Stavros Sindakis & Sakshi Aggarwal, 2024. "Transferring Scientific Knowledge to Academic Startups: the Moderating Effect of the Dual Identity of Academic Entrepreneurs on Forming Knowledge Depth and Knowledge Breadth," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(1), pages 1823-1844, March.
    3. Ibrahim M. Awad & Meera Kh. Salaimeh, 2023. "Towards an entrepreneurial university model: evidence from the Palestine Polytechnic University," Journal of Innovation and Entrepreneurship, Springer, vol. 12(1), pages 1-23, December.
    4. Ying-Kai Liao & Vu Huu Anh Nguyen & Andrea Caputo, 2022. "Unveiling the role of entrepreneurial knowledge and cognition as antecedents of entrepreneurial intention: a meta-analytic study," International Entrepreneurship and Management Journal, Springer, vol. 18(4), pages 1623-1652, December.

    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. 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.
    2. Zahra, Shaker A., 1996. "Technology strategy and new venture performance: A study of corporate-sponsored and independent biotechnology ventures," Journal of Business Venturing, Elsevier, vol. 11(4), pages 289-321, July.
    3. Pilar Laguna-Sánchez & Pilar Abad & Concepción de la Fuente-Cabrero & Rocío Calero, 2020. "A University Training Programme for Acquiring Entrepreneurial and Transversal Employability Skills, a Students’ Assessment," Sustainability, MDPI, vol. 12(3), pages 1-17, January.
    4. Yli-Renko, Helena & Denoo, Lien & Janakiraman, Ramkumar, 2020. "A knowledge-based view of managing dependence on a key customer: Survival and growth outcomes for young firms," Journal of Business Venturing, Elsevier, vol. 35(6).
    5. 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.
    6. Jeffrey G. Covin & Dennis P. Slevin, 1993. "A Response to Zahra's “Critique and Extension†of the Covin-Slevin Entrepreneurship Model," Entrepreneurship Theory and Practice, , vol. 17(4), pages 23-28, July.
    7. Florin, Juan, 2005. "Is venture capital worth it? Effects on firm performance and founder returns," Journal of Business Venturing, Elsevier, vol. 20(1), pages 113-135, January.
    8. Patel, Pankaj C. & João Guedes, Maria & Pagano, Michael S. & Olson, Gerard T., 2020. "Industry profitability matters: The value of sustainable growth rate and distance from bankruptcy as enablers of venture survival," Journal of Business Research, Elsevier, vol. 114(C), pages 80-92.
    9. Muhammad Anwar & Sher Zaman Khan & Najib Ullah Khan, 2018. "Intellectual Capital, Entrepreneurial Strategy and New Ventures Performance: Mediating Role of Competitive Advantage," Business & Economic Review, Institute of Management Sciences, Peshawar, Pakistan, vol. 10(1), pages 63-94, March.
    10. Mudambi, Ram & Treichel, Monica Zimmerman, 2005. "Cash crisis in newly public Internet-based firms: an empirical analysis," Journal of Business Venturing, Elsevier, vol. 20(4), pages 543-571, July.
    11. Wales, W. & Shirokova, G. & Bogatyreva, K. & Germain, R., 2018. "Foreign Motivations: How International Exposure Shapes Firms' Entrepreneurial Orientation in Emerging Market," Working Papers 15121, Graduate School of Management, St. Petersburg State University.
    12. Tammi, Timo & Saastamoinen, Jani & Reijonen, Helen, 2020. "Public procurement as a vehicle of innovation – What does the inverted-U relationship between competition and innovativeness tell us?," Technological Forecasting and Social Change, Elsevier, vol. 153(C).
    13. Demir, Robert & Wennberg, Karl & McKelvie, Alexander, 2016. "The Strategic Management of High-Growth Firms: A Review and Theoretical Conceptualization," Ratio Working Papers 273, The Ratio Institute.
    14. Temoor Anjum & Petra Heidler & Azadeh Amoozegar & Rao Tahir Anees, 2021. "The Impact of Entrepreneurial Passion on the Entrepreneurial Intention; Moderating Impact of Perception of University Support," Administrative Sciences, MDPI, vol. 11(2), pages 1-14, April.
    15. Hernan G. Roxas & Val Lindsay & Nicholas Ashill & Antong Victorio, 2007. "Institutional analysis of strategic choice of micro, small, and medium enterprises : a conceptual framework," Philippine Review of Economics, University of the Philippines School of Economics and Philippine Economic Society, vol. 44(1), pages 151-186, June.
    16. James J. Chrisman & Alan Bauerschmidt & Charles W. Hofer, 1998. "The Determinants of New Venture Performance: An Extended Model," Entrepreneurship Theory and Practice, , vol. 23(1), pages 5-29, October.
    17. Bradley A. George & Louis Marino, 2011. "The Epistemology of Entrepreneurial Orientation: Conceptual Formation, Modeling, and Operationalization," Entrepreneurship Theory and Practice, , vol. 35(5), pages 989-1024, September.
    18. Alfredo De Massis & Josip Kotlar & Mike Wright & Franz W. Kellermanns, 2018. "Sector-Based Entrepreneurial Capabilities and the Promise of Sector Studies in Entrepreneurship," Entrepreneurship Theory and Practice, , vol. 42(1), pages 3-23, January.
    19. Shaker A. Zahra & Daniel F. Jennings & Donald F. Kuratko, 1999. "The Antecedents and Consequences of Firm-Level Entrepreneurship: The State of the Field," Entrepreneurship Theory and Practice, , vol. 24(2), pages 45-65, December.
    20. Ostgaard, Tone A. & Birley, Sue, 1996. "New venture growth and personal networks," Journal of Business Research, Elsevier, vol. 36(1), pages 37-50, May.

    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:spr:joiaen:v:9:y:2020:i:1:d:10.1186_s13731-020-00125-5. 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    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.