Research Article
BibTex RIS Cite
Year 2025, Volume: 14 Issue: 1, 19 - 32, 30.06.2025

Abstract

References

  • Adekiya, A. A. and Ibrahim, F. (2016). Entrepreneurship Intention Among Students: The Antecedent Role of Culture and Entrepreneurship Training and Development. International Journal of Management Education, 14(2): 116-132.
  • Afiat, M. N., Rijal, S., Koesoemasari, D. S. P., Furqan, A. C. and Abdullah, M. I. (2023). Learning Strategies in Developing Entrepreneurial Intention Among Students: Theory of Planned Behavior Approach. Jurnal Kependidikan, 9(2): 659-670.
  • Ajzen, I. (1991). The Theory of Planned Behavior. Organizational Behavior and Human Decision Processes, 50(2): 179-211.
  • Amini Sedeh, A., Abootorabi, H. and Zhang, J., (2021). National Social Capital, Perceived Entrepreneurial Ability and Entrepreneurial Intentions. International Journal of Entrepreneurial Behavior & Research, 27(2): 334-355.
  • Baltagi, B.H. (2013). Panel Data Analysis. Hoboken: Wiley.
  • Baltagi, B.H. and Pesaran, M.H. (2007). Heterogeneity and Cross Section Dependence in Panel Data Models: Theory and Applications Introduction. Journal of Applied Econometrics, 22(2): 229-232.
  • Bandura, A. (1986). Fearful Expectations and Avoidant Actions as Cofeffects of Perceived Self-inefficacy. American Psychologist, 41(12): 1389-1391.
  • Bosma, N., Jones, K., Autio, E. and Levie, J. (2008). Global Entrepreneurship Monitor 2007. London: Global Entrepreneurship Research Association.
  • Boyd, N.G. and Vozikis, G.S. (1994). The Influence of Self-efficacy on the Development of Entrepreneurial Intentions and Actions. Entrepreneurship Theory and Practice, 18(4): 63-77.
  • Brockhaus, R.H. (1980). Risk-taking Propensity of Entrepreneurs. Academy of Management Journal, 23(3): 509-520.
  • Bullough, A., Renko, M. and Myatt, T. (2014). Danger Zone Entrepreneurs: The Importance of Resilience and Self-efficacy for Entrepreneurial Intentions. Entrepreneurship Theory and Practice, 38(3): 473-499.
  • Chen, C.C., Greene, P.G. and Crick, A. (1998). Does Entrepreneurial Self-efficacy Distinguish Entrepreneurs from Managers?. Journal of Business Venturing, 13(4): 295-316.
  • De Noble, A.F., Jung, D. and Ehrlich, S.B. (1999). Entrepreneurial Self-efficacy: The Development of a Measure and Its Relationship to Entrepreneurial Action. In Frontiers for Entrepreneurship Research, edited by Waltham, MA: P&R Publication Inc.
  • Deliana, M. (2023). Self-efficacy as a Factor of Entrepreneurial Intention. Journal of Education, Humanities and Social Sciences, 5(4): 2573-2580.
  • Dölarslan, E., Koçak, A. and Walsh, P. R. (2020). Perceived Barriers to Entrepreneurial Intention: The Mediating Role of Self-efficacy. Journal of Developmental Entrepreneurship, 25(3): 2050016.
  • Duong, C. D. (2023). A Moderated Mediation Model of Perceived Barriers, Entrepreneurial Self-efficacy, Intentions, and Behaviors: A Social Cognitive Career Theory Perspective. Oeconomia Copernicana, 14(1): 355-388.
  • Eberhardt, M. and Bond, S.R. (2009). Cross-section Dependence in Non-stationary Panel Models: A Novel Estimator. MPRA Paper No. 17692.
  • Forbes, D. P. (2005). The Effects of Strategic Decision Making on Entrepreneurial Self-efficacy. Entrepreneurship Theory and Practice, 29(5): 599-626.
  • Fuentelsaz, L., González, C. and Mickiewicz, T. (2023). Entrepreneurial Growth Aspirations at Re-entry After Failure. International Journal of Entrepreneurial Behavior & Research, 29(2): 297-327.
  • Gao, J., Pan, G., Yang, Y. and Zhang, B. (2019). Extent Pursuit for Cross-Sectional Dependence in Large Panels. Econometrics: Econometric & Statistical Methods – Working Paper.
  • Gartner, W. B. (1988). Who is an Entrepreneur? Is the Wrong Question. Entrepreneurship Theory and Practice, 12(4): 47-68.
  • Gelderen, M., Brand, M., Praag, M., Bodewes, W., Poutsma, E. and Gils, A. (2008). Explaining Entrepreneurial Intentions by Means of the Theory of Planned Behaviour. Career Development International, 13(6): 538-559.
  • Henley, A., Contreras, F., Espinosa, J. C. and Barbosa, D. (2017). Entrepreneurial Intentions of Colombian Business Students: Planned Behaviour, Leadership Skills and Social Capital. International Journal of Entrepreneurial Behavior & Research, 23(6): 1017-1032.
  • Hsiao, C. (2014). Analysis of Panel Data. Cambridge: Cambridge University Press.
  • Kansheba, J. M., Fubah, C. N. and Marobhe, M. I. (2024). Unravelling the Entrepreneurial Ecosystem Conditions Spurring the Global Value Chains: A Configurational Approach. International Journal of Entrepreneurial Behavior & Research.
  • Kautonen, T., Gelderen, M. and Fink, M. (2015). Robustness of the TPB in Predicting Entrepreneurial Intentions and Actions. Entrepreneurship Theory and Practice, 39(3): 655-674.
  • Kazmi, S. M., Hammad, A., Ahmed, A. and Zulfiqar, S. (2019). Impact of Internal Cognitive Factors on Social Entrepreneurial Intention. Business and Economic Research, 9(1): 106-122.
  • Krueger, N. F. and Brazeal, D. V. (1994). Entrepreneurial Potential and Potential Entrepreneurs. Entrepreneurship: Theory & Practice, 18(3): 91-104.
  • Krueger, N. F., Reilly, M. D. and Carsrud, A. L. (2000). Competing Models of Entrepreneurship Intentions. Journal of Business Venturing, 15: 411-432.
  • Lent, R. W., Brown, S. D. and Hackett, G. (1994). Toward a Unifying Social Cognitive Theory of Career and Academic Interest, Choice, and Performance. Journal of Vocational Behavior, 45(1): 79-122.
  • Licznerska, M. and Ziemianski, P. (2022). A Breath of Fresh Air-Social Cognitive Career Theory in Studying Entrepreneurial Intentions. International Journal of Entrepreneurship and Small Business, 45(2): 126-151.
  • Lin, C., Pan, Y., Yu, Y., Feng, L. and Chen, Z. (2023). The Influence Mechanism of the Relationship Between Entrepreneurial Learning and Entrepreneurial Intention. Frontiers in Psychology, 13: 1023808.
  • Liñán, F. (2008). Skill and Value Perceptions: How Do They Affect Entrepreneurial Intention?. International Entrepreneurship and Management Journal, 4(3): 257-272.
  • Luthans, F. and Ibrayeva, E. S. (2006). Entrepreneurial Self-Efficacy in Central Asian Transition Economies: Quantitative and Qualitative Analyses. Journal of International Business Studies, 37: 92-110.
  • Maes, J., Leroy, H. and Sels, L. (2014). Gender Differences in Entrepreneurial Intentions: A TPB Multi-Group Analysis at Factor and Indicator Level. European Management Journal, 32(5): 784-94.
  • Markman, G. D. and Baron, R. A. (2003). Person-Entrepreneurship Fit: Why Some People Are More Successful as Entrepreneurs Than Others. Human Resource Management Review, 13(2): 281-301.
  • Markman, G. D., Balkin, D. B. and Baron, R. A. (2002). Inventors and New Venture Formation: The Effects of General Self-Efficacy and Regretful Thinking. Entrepreneurship Theory and Practice, 27(2): 149-166.
  • Martínez-González, J. A., Álvarez-Albelo, C. D., Mendoza-Jiménez, J. and Kobylińska, U. (2022). Predicting the Entrepreneurial Behaviour of Starting Up a New Company: A Regional Study Using PLS-SEM and Data from the Global Entrepreneurship Monitor. Mathematics, 10(5).
  • Naktiyok, A., Karabey, C. N. and Gulluce, A. C. (2010). Entrepreneurial Self-Efficacy and Entrepreneurial Intention: The Turkish Case. International Entrepreneurship and Management Journal, 6: 419-435.
  • Noguera, M., Alvarez, C. and Urbano, D. (2013). Socio-Cultural Factors and Female Entrepreneurship. International Entrepreneurship and Management Journal, 9: 183-197.
  • Nursyirwan, V. I., Purwana, D., Suhud, U., Harahap, I. L. P. and Valentika, N. (2022). Entrepreneurial Intention Among Students: The Effect of Self-Efficacy and Entrepreneurial Attitude. Jurnal Pendidikan Ekonomi & Bisnis, 10(2): 193-205.
  • Park, H. M. (2011). Practical Guides to Panel Data Modeling: A Step-By-Step Analysis Using Stata. Public Management and Policy Analysis Program, Graduate School of International Relations, International University of Japan, 12, p. 16.
  • Pham, L. X., Phan, L. T., Le, A. N.-H. and Tuan, A. B. N. (2024). Factors Affecting Social Entrepreneurial Intention: An Application of Social Cognitive Career Theory. Entrepreneurship Research Journal, 14(2): 515-543.
  • Pramudita, D. P. D. (2021). Entrepreneurship Self-Efficacy, Attitudes Towards Entrepreneurship, and Student’s Entrepreneurship Interest. Airlangga Journal of Innovation Management, 2(1): 53-67.
  • Renko, M., Kroeck, K. G. and Bullough, A. (2012). Expectancy Theory and Nascent Entrepreneurship. Small Business Economics, 39: 667-684.
  • Rosique-Blasco, M., Madrid-Guijarro, A. and García-Pérez-de-Lema, D. (2017). The Effects of Personal Abilities and Self-Efficacy on Entrepreneurial Intentions. International Entrepreneurship and Management Journal, 14(4): 1025-1052.
  • Shapero, A. and Sokol, L. (1982). The Social Dimensions of Entrepreneurship. In Encyclopedia of Entrepreneurship, edited by Kent, C. A., Sexton, D. L. and Vesper, K. H., 72-90. Englewood Cliffs, NJ: Prentice-Hall.
  • Tampouri, S., Kaliris, A. and Kakouris, A. (2023). Researching Entrepreneurial Beliefs in Career Decision-Making. Business & Entrepreneurship Journal, 12(2): 33-50.
  • Thompson, N., Verduijn, K. and Gartner, W. B. (2020). Entrepreneurship-as-Practice: Grounding Contemporary Theories of Practice into Entrepreneurship Studies. Entrepreneurship & Regional Development, 32(3-4): 247-256.
  • Walker, J. K., Jeger, M. and Kopecki, D. (2013). The Role of Perceived Abilities, Subjective Norm and Intentions in Entrepreneurial Activity. The Journal of Entrepreneurship, 22(2): 181-202.
  • Wennekers, S., Uhlaner, L. M. and Thurik, R. (2002). Entrepreneurship and Its Conditions: A Macro Perspective. International Journal of Entrepreneurship Education, 1(1): 25-68.
  • Wooldridge, J. M. (2010). Econometric Analysis of Cross Section and Panel Data. MIT Press. Zhao, H., Seibert, S. E. and Hills, G. E. (2005). The Mediating Role of Self-Efficacy in the Development of Entrepreneurial Intentions. Journal of Applied Psychology, 90(6): 1265-1272.

The Impact of Perceived Entrepreneurial Ability on Entrepreneurial Intentions: A Long-Term Analysis from a Global Perspective

Year 2025, Volume: 14 Issue: 1, 19 - 32, 30.06.2025

Abstract

Purpose: This study explores how perceived entrepreneurial ability (PEA) influences entrepreneurial intentions (EI) globally, anchored in the Theory of Planned Behavior, Social Learning Theory, Expectancy Theory, and Social Cognitive Career Theory.
Methodology: The research employs a panel data analysis using Global Entrepreneurship Monitor (GEM) data, examining entrepreneurship rates across 22 countries over five years (2017-2022).
Findings: The findings reveal that PEA significantly and positively influences EI, with consistent effects across time and geographic boundaries.
Practical Implications: Policymakers and educators can utilize these insights to design interventions that enhance PEA, thereby fostering entrepreneurial intentions across diverse cultural and economic contexts.
Originality: This study provides a comprehensive, longitudinal analysis, offering a broader understanding of PEA’s influence on EI, which advances the existing entrepreneurship literature.

References

  • Adekiya, A. A. and Ibrahim, F. (2016). Entrepreneurship Intention Among Students: The Antecedent Role of Culture and Entrepreneurship Training and Development. International Journal of Management Education, 14(2): 116-132.
  • Afiat, M. N., Rijal, S., Koesoemasari, D. S. P., Furqan, A. C. and Abdullah, M. I. (2023). Learning Strategies in Developing Entrepreneurial Intention Among Students: Theory of Planned Behavior Approach. Jurnal Kependidikan, 9(2): 659-670.
  • Ajzen, I. (1991). The Theory of Planned Behavior. Organizational Behavior and Human Decision Processes, 50(2): 179-211.
  • Amini Sedeh, A., Abootorabi, H. and Zhang, J., (2021). National Social Capital, Perceived Entrepreneurial Ability and Entrepreneurial Intentions. International Journal of Entrepreneurial Behavior & Research, 27(2): 334-355.
  • Baltagi, B.H. (2013). Panel Data Analysis. Hoboken: Wiley.
  • Baltagi, B.H. and Pesaran, M.H. (2007). Heterogeneity and Cross Section Dependence in Panel Data Models: Theory and Applications Introduction. Journal of Applied Econometrics, 22(2): 229-232.
  • Bandura, A. (1986). Fearful Expectations and Avoidant Actions as Cofeffects of Perceived Self-inefficacy. American Psychologist, 41(12): 1389-1391.
  • Bosma, N., Jones, K., Autio, E. and Levie, J. (2008). Global Entrepreneurship Monitor 2007. London: Global Entrepreneurship Research Association.
  • Boyd, N.G. and Vozikis, G.S. (1994). The Influence of Self-efficacy on the Development of Entrepreneurial Intentions and Actions. Entrepreneurship Theory and Practice, 18(4): 63-77.
  • Brockhaus, R.H. (1980). Risk-taking Propensity of Entrepreneurs. Academy of Management Journal, 23(3): 509-520.
  • Bullough, A., Renko, M. and Myatt, T. (2014). Danger Zone Entrepreneurs: The Importance of Resilience and Self-efficacy for Entrepreneurial Intentions. Entrepreneurship Theory and Practice, 38(3): 473-499.
  • Chen, C.C., Greene, P.G. and Crick, A. (1998). Does Entrepreneurial Self-efficacy Distinguish Entrepreneurs from Managers?. Journal of Business Venturing, 13(4): 295-316.
  • De Noble, A.F., Jung, D. and Ehrlich, S.B. (1999). Entrepreneurial Self-efficacy: The Development of a Measure and Its Relationship to Entrepreneurial Action. In Frontiers for Entrepreneurship Research, edited by Waltham, MA: P&R Publication Inc.
  • Deliana, M. (2023). Self-efficacy as a Factor of Entrepreneurial Intention. Journal of Education, Humanities and Social Sciences, 5(4): 2573-2580.
  • Dölarslan, E., Koçak, A. and Walsh, P. R. (2020). Perceived Barriers to Entrepreneurial Intention: The Mediating Role of Self-efficacy. Journal of Developmental Entrepreneurship, 25(3): 2050016.
  • Duong, C. D. (2023). A Moderated Mediation Model of Perceived Barriers, Entrepreneurial Self-efficacy, Intentions, and Behaviors: A Social Cognitive Career Theory Perspective. Oeconomia Copernicana, 14(1): 355-388.
  • Eberhardt, M. and Bond, S.R. (2009). Cross-section Dependence in Non-stationary Panel Models: A Novel Estimator. MPRA Paper No. 17692.
  • Forbes, D. P. (2005). The Effects of Strategic Decision Making on Entrepreneurial Self-efficacy. Entrepreneurship Theory and Practice, 29(5): 599-626.
  • Fuentelsaz, L., González, C. and Mickiewicz, T. (2023). Entrepreneurial Growth Aspirations at Re-entry After Failure. International Journal of Entrepreneurial Behavior & Research, 29(2): 297-327.
  • Gao, J., Pan, G., Yang, Y. and Zhang, B. (2019). Extent Pursuit for Cross-Sectional Dependence in Large Panels. Econometrics: Econometric & Statistical Methods – Working Paper.
  • Gartner, W. B. (1988). Who is an Entrepreneur? Is the Wrong Question. Entrepreneurship Theory and Practice, 12(4): 47-68.
  • Gelderen, M., Brand, M., Praag, M., Bodewes, W., Poutsma, E. and Gils, A. (2008). Explaining Entrepreneurial Intentions by Means of the Theory of Planned Behaviour. Career Development International, 13(6): 538-559.
  • Henley, A., Contreras, F., Espinosa, J. C. and Barbosa, D. (2017). Entrepreneurial Intentions of Colombian Business Students: Planned Behaviour, Leadership Skills and Social Capital. International Journal of Entrepreneurial Behavior & Research, 23(6): 1017-1032.
  • Hsiao, C. (2014). Analysis of Panel Data. Cambridge: Cambridge University Press.
  • Kansheba, J. M., Fubah, C. N. and Marobhe, M. I. (2024). Unravelling the Entrepreneurial Ecosystem Conditions Spurring the Global Value Chains: A Configurational Approach. International Journal of Entrepreneurial Behavior & Research.
  • Kautonen, T., Gelderen, M. and Fink, M. (2015). Robustness of the TPB in Predicting Entrepreneurial Intentions and Actions. Entrepreneurship Theory and Practice, 39(3): 655-674.
  • Kazmi, S. M., Hammad, A., Ahmed, A. and Zulfiqar, S. (2019). Impact of Internal Cognitive Factors on Social Entrepreneurial Intention. Business and Economic Research, 9(1): 106-122.
  • Krueger, N. F. and Brazeal, D. V. (1994). Entrepreneurial Potential and Potential Entrepreneurs. Entrepreneurship: Theory & Practice, 18(3): 91-104.
  • Krueger, N. F., Reilly, M. D. and Carsrud, A. L. (2000). Competing Models of Entrepreneurship Intentions. Journal of Business Venturing, 15: 411-432.
  • Lent, R. W., Brown, S. D. and Hackett, G. (1994). Toward a Unifying Social Cognitive Theory of Career and Academic Interest, Choice, and Performance. Journal of Vocational Behavior, 45(1): 79-122.
  • Licznerska, M. and Ziemianski, P. (2022). A Breath of Fresh Air-Social Cognitive Career Theory in Studying Entrepreneurial Intentions. International Journal of Entrepreneurship and Small Business, 45(2): 126-151.
  • Lin, C., Pan, Y., Yu, Y., Feng, L. and Chen, Z. (2023). The Influence Mechanism of the Relationship Between Entrepreneurial Learning and Entrepreneurial Intention. Frontiers in Psychology, 13: 1023808.
  • Liñán, F. (2008). Skill and Value Perceptions: How Do They Affect Entrepreneurial Intention?. International Entrepreneurship and Management Journal, 4(3): 257-272.
  • Luthans, F. and Ibrayeva, E. S. (2006). Entrepreneurial Self-Efficacy in Central Asian Transition Economies: Quantitative and Qualitative Analyses. Journal of International Business Studies, 37: 92-110.
  • Maes, J., Leroy, H. and Sels, L. (2014). Gender Differences in Entrepreneurial Intentions: A TPB Multi-Group Analysis at Factor and Indicator Level. European Management Journal, 32(5): 784-94.
  • Markman, G. D. and Baron, R. A. (2003). Person-Entrepreneurship Fit: Why Some People Are More Successful as Entrepreneurs Than Others. Human Resource Management Review, 13(2): 281-301.
  • Markman, G. D., Balkin, D. B. and Baron, R. A. (2002). Inventors and New Venture Formation: The Effects of General Self-Efficacy and Regretful Thinking. Entrepreneurship Theory and Practice, 27(2): 149-166.
  • Martínez-González, J. A., Álvarez-Albelo, C. D., Mendoza-Jiménez, J. and Kobylińska, U. (2022). Predicting the Entrepreneurial Behaviour of Starting Up a New Company: A Regional Study Using PLS-SEM and Data from the Global Entrepreneurship Monitor. Mathematics, 10(5).
  • Naktiyok, A., Karabey, C. N. and Gulluce, A. C. (2010). Entrepreneurial Self-Efficacy and Entrepreneurial Intention: The Turkish Case. International Entrepreneurship and Management Journal, 6: 419-435.
  • Noguera, M., Alvarez, C. and Urbano, D. (2013). Socio-Cultural Factors and Female Entrepreneurship. International Entrepreneurship and Management Journal, 9: 183-197.
  • Nursyirwan, V. I., Purwana, D., Suhud, U., Harahap, I. L. P. and Valentika, N. (2022). Entrepreneurial Intention Among Students: The Effect of Self-Efficacy and Entrepreneurial Attitude. Jurnal Pendidikan Ekonomi & Bisnis, 10(2): 193-205.
  • Park, H. M. (2011). Practical Guides to Panel Data Modeling: A Step-By-Step Analysis Using Stata. Public Management and Policy Analysis Program, Graduate School of International Relations, International University of Japan, 12, p. 16.
  • Pham, L. X., Phan, L. T., Le, A. N.-H. and Tuan, A. B. N. (2024). Factors Affecting Social Entrepreneurial Intention: An Application of Social Cognitive Career Theory. Entrepreneurship Research Journal, 14(2): 515-543.
  • Pramudita, D. P. D. (2021). Entrepreneurship Self-Efficacy, Attitudes Towards Entrepreneurship, and Student’s Entrepreneurship Interest. Airlangga Journal of Innovation Management, 2(1): 53-67.
  • Renko, M., Kroeck, K. G. and Bullough, A. (2012). Expectancy Theory and Nascent Entrepreneurship. Small Business Economics, 39: 667-684.
  • Rosique-Blasco, M., Madrid-Guijarro, A. and García-Pérez-de-Lema, D. (2017). The Effects of Personal Abilities and Self-Efficacy on Entrepreneurial Intentions. International Entrepreneurship and Management Journal, 14(4): 1025-1052.
  • Shapero, A. and Sokol, L. (1982). The Social Dimensions of Entrepreneurship. In Encyclopedia of Entrepreneurship, edited by Kent, C. A., Sexton, D. L. and Vesper, K. H., 72-90. Englewood Cliffs, NJ: Prentice-Hall.
  • Tampouri, S., Kaliris, A. and Kakouris, A. (2023). Researching Entrepreneurial Beliefs in Career Decision-Making. Business & Entrepreneurship Journal, 12(2): 33-50.
  • Thompson, N., Verduijn, K. and Gartner, W. B. (2020). Entrepreneurship-as-Practice: Grounding Contemporary Theories of Practice into Entrepreneurship Studies. Entrepreneurship & Regional Development, 32(3-4): 247-256.
  • Walker, J. K., Jeger, M. and Kopecki, D. (2013). The Role of Perceived Abilities, Subjective Norm and Intentions in Entrepreneurial Activity. The Journal of Entrepreneurship, 22(2): 181-202.
  • Wennekers, S., Uhlaner, L. M. and Thurik, R. (2002). Entrepreneurship and Its Conditions: A Macro Perspective. International Journal of Entrepreneurship Education, 1(1): 25-68.
  • Wooldridge, J. M. (2010). Econometric Analysis of Cross Section and Panel Data. MIT Press. Zhao, H., Seibert, S. E. and Hills, G. E. (2005). The Mediating Role of Self-Efficacy in the Development of Entrepreneurial Intentions. Journal of Applied Psychology, 90(6): 1265-1272.
There are 52 citations in total.

Details

Primary Language English
Subjects Entrepreneurship
Journal Section Research Articles
Authors

Nurdan Gürkan 0000-0002-2220-769X

Publication Date June 30, 2025
Submission Date August 21, 2024
Acceptance Date April 15, 2025
Published in Issue Year 2025 Volume: 14 Issue: 1

Cite

APA Gürkan, N. (2025). The Impact of Perceived Entrepreneurial Ability on Entrepreneurial Intentions: A Long-Term Analysis from a Global Perspective. Journal of Entrepreneurship and Innovation Management, 14(1), 19-32.