engleski

An insight into using entrepreneurship intentions as predictor of entrepreneurial behavior

Entrepreneurial behavior is vital for economic recovery and growth. Potential for business start-ups or potential for wealth creating behavior is a prerequisite of any economic development. Permanent supply of the new venture creators or entrepreneurship career seekers can be supported through identification of what and how many influences are critical for the emergence of the entrepreneurial intentions. The research examines well documented and theoretically consistent intent approach, while methodologically it tests the robustness of the structural equation model. This model enables measurement of direct and indirect influences on entrepreneurial intentions and behavior. A sample of Croatian final year students of economics is used to investigate intentions of the future labor force for choosing the entrepreneurial self-owned business start-up as a career option. Consistent with other studies examining the influence of the intentions on behavior, it was hypothesized that the more favorable the attitude and perceived norms about entrepreneurial behavior are and the greater the perceived feasibility (control) of the entrepreneurial act is, the stronger the intention to perform the behavior will be. Furthermore, the greater the degree to which the behavior can be controled, the greater the influence of the knowledge about the intentions to perform the defined behavior. The research provides several benefits. In particular, recognition of the critical antecedents of the entrepreneurial behavior and the empirical testing of the participant prior to her/his choice enables policy makers to determine propensity of entrepreneurial potential transition into an entrepreneurial performance. The findings of the study provide evidence that the university environment could play a more important role in entrepreneurship encouragement and support. University programs designers would get a clear message about the perception and expectations that future labor force has about entrepreneurship ; therefore, more efficient program curricula could be implemented in the university education. Empirical testing of the participant prior to his or her career choice enables one to determine whether perception of the effects of government entrepreneurship reforms are ecouraging or not, and whether the overall community is fostering or hindering entrepreneurism. Another benefit of this study would be to ensure that supportive measures hit the right targets in the process of using the entrepreneurial vehicle as the crucial one for economic development.

structural equation modelling; entrepreneurial behavior; econimic development

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