Entrepreneurial intention among Colombian university students: A theory of planned behavior analysis in Colombia
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Published
11-09-2024
Fabio Blanco-Mesa
Daniela Niño-Amézquita
Jhancarlos Gutiérrez-Ayala
https://orcid.org/0000-0002-9462-6498
Daniela Niño-Amézquita
Jhancarlos Gutiérrez-Ayala
Abstract
Studies on entrepreneurship have used several approaches, among which, research on entrepreneurial intention (EI) can be highlighted. Studies on EI help researchers better understand entrepreneurial behavior. In this sense, one of the most relevant frameworks in EI studies is the Theory of Planned Behavior (TPB), which stands out for its predictive capacity, mainly in a university context. The aim of this research was to determine the relationship between the variables of Personal Attitudes (PAs), Subjective Norms (SNs), and Perceived Behavioral Control (PBC) with respect to the EI of university students in Colombia. For this purpose, we constructed a model that integrates the elements of the TPB with EI with reference to the validated instrument of the Global University Entrepreneurial Spirit Student's Survey (GUESSS) project applied to a sample of 12,383 students. The estimation of the model uses structural equations (SEMs) by means of Partial Least Squares-Path Modelling (PLS-PM). The findings show that PAs and PBC are determinants of EI, while SNs have no direct influence; however, their effects are indirect. These results have implications for how to promote entrepreneurship in emerging economies through the university environment. The results indicate that the development of students' capabilities is essential for entrepreneurship and its incorporation into the university's knowledge transfer model.
How to Cite
Blanco-Mesa, F., Niño-Amézquita, D., & Gutiérrez-Ayala, J. (2024). Entrepreneurial intention among Colombian university students: A theory of planned behavior analysis in Colombia. Cuadernos De Gestión, 24(2), 83–94. https://doi.org/10.5295/cdg.221858fb
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Keywords
Entrepreneurial Intention, University Students, Theory of Planned Behavior, SEM, Emergent Economy
References
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Amofah, K., & Saladrigues, R. (2022). Impact of attitude towards entrepreneurship education and role models on entrepreneurial intention. Journal of Innovation and Entrepreneurship, 11(1). https://doi. org/10.1186/s13731-022-00197-5
Ang, S. H., & Hong, D. G. P. (2000). Entrepreneurial spirit among East Asian Chinese. Thunderbird International Business Review, 42(3), 285-309. https://doi.org/10.1002/1520-6874(200005/06)42:33.0.co;2-5
Anosike, P. (2018). Entrepreneurship education knowledge transfer in a conflict Sub-Saharan African context. Journal of Small Business and Enterprise Development, 25(4), 591-608. https://doi.org/10.1108/ JSBED-01-2017-0001
Awang, A., Amran, S., Nor, M. N., Ibra-, I. I., Fazly, M., & Razali, M. (2016). Individual entrepreneurial orientation impact on entrepreneurial intention: Intervening effect of PBC and subjective norm. Journal of Entrepreneurship, Business and Economics, 4(2), 94-129.
Bae, T. J., Qian, S., Miao, C., & Fiet, J. O. (2014). The relationship between entrepreneurship education and entrepreneurial intentions: A meta-analytic review. Entrepreneurship: Theory and Practice, 38(2), 217-254. https://doi.org/10.1111/etap.12095
Bandura, A. (1982). Self-efficacy mechanism in human agency. American Psychologist, 37(2), 122-147. https://doi.org/10.1037/0003-066X.37.2.122
Bandura, A. (1999). Social cognitive theory: An agentic perspective. Asian Journal of Social Psychology, 2(1), 1-26.
Barba-Sánchez, V., & Atienza-Sahuquillo, C. (2018). Entrepreneurial intention among engineering students: The role of entrepreneurship education. European research on management and business economics, 24(1), 53-61. https://doi.org/10.1016/j.iedeen.2017.04.001
Barba-Sánchez, V., Mitre-Aranda, M., & Brío-González, J. del. (2022). The entrepreneurial intention of university students: An environmental perspective. European Research on Management and Business Economics, 28(2), 100184. https://doi.org/10.1016/j.iedeen.2021.100184
Barroso, C., Carrión, G. C., & Roldán, J. L. (2010). Applying maximum likelihood and pls on different sample sizes: studies on SERVQUAL model and employee behavior model. In Handbook of Partial Least Squares (pp. 427-447). Springer Berlin Heidelberg. https://doi. org/10.1007/978-3-540-32827-8_20
Blanco-Mesa, F. Mariño-Becerra, G. & León-Castro, E. (2022). Intención emprendedora de los estudiantes universitarios en Tunja: (1.ª ed.). Editorial UPTC. https://editorial.uptc.edu.co/gpd-intencion-emprendedora-de-los-estudiantes-universitarios-en-tunja-9789586606097.html
Blanco-Mesa, F., Leon-Castro, E., Bermudez-Mondragon, D. & Castro-Amado, M. (2021). Forgotten Motivational Factors of Boyacense Colombian Entrepreneurs: A Subjective Analysis of Second-Generation Incidences. Mathematics, 9(9), 973. https://doi.org/10.3390/ math9090973
Calderón, G., & Pérez, P. (2021). Academic patents and entrepreneurial intention. To what extent are other knowledge transfer mechanisms affected in a mexican university? Journal of Evolutionary Studies in Business, 6(2), 126-150. https://doi.org/10.1344/jesb2021.2.j094
Cano, J. A., & Tabares, A. (2017). Determinants of university students’ entrepreneurial intention: GUESSS Colombia study. Espacios, 38(45), 22.
Castillo-Vergara, M., Barrios Galleguillos, N., Jofré Cuello, L., Alvarez-Marin, A., & Acuña-Opazo, C. (2018). Does socioeconomic status influence student creativity? Thinking Skills and Creativity, 29, 142-152. https://doi.org/10.1016/j.tsc.2018.07.005
Castillo-Vergara, M., & Torres Aranibar, E. (2019). El papel de la cooperación para desarrollar innovación tecnológica en la PYME. Journal of Technology Management & Innovation, 14(4), 41-53. https://doi. org/10.4067/s0718-27242019000400041
Cepeda Carrión, G., & Roldán Selgueiro, J. L. (2004). Aplicando en la práctica la técnica PLS en la administración de empresas. Conocimiento y Competitividad: Congreso ACEDE.
Chen, C., Gene, P., & Crick, A. (1998). Does entrepreneurial self-efficacy distinguish entrepreneurs from managers? Journal of Business Venturing, 13, 295–316. https://doi.org/10.1016/S0883-9026(97)00029-3
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