The effect of risk-taking propensity on social entrepreneurial intention: Evidence from Vietnam

Phan Tan Luc (), Pham Xuan Lan, Bui Ngoc Tuan Anh and Dam Tri Cuong
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Phan Tan Luc: Thu Dau Mot University, Vietnam
Pham Xuan Lan: University of Economics Ho Chi Minh City, Vietnam
Bui Ngoc Tuan Anh: Ho Chi Minh City Open University, Vietnam
Dam Tri Cuong: Industrial University of Ho Chi Minh City, Vietnam

HO CHI MINH CITY OPEN UNIVERSITY JOURNAL OF SCIENCE - ECONOMICS AND BUSINESS ADMINISTRATION, 2021, vol. 11, issue 1, 73-82

Abstract: This study aims to investigate the impact of risk-taking propensity on social entrepreneurial intention by extending the model of Mair and Noboa (2006), and examine the mediating effects of perceived feasibility and perceived desirability. The results obtained from a survey of 795 final semester students. Four-steps suggested by Baron and Kenny (1986) was followed to test the mediation effects of perceived desirability and perceived feasibility in the relationship between risk-taking propensity and social entrepreneurial intention. There is no direct relationship between risk-taking propensity and entrepreneurial intention. The results showed that the perceived feasibility fully mediated the effects of risk-taking propensity to social entrepreneurial intention. These results are expected to trigger a change in education about social entrepreneurship by developing programs for individuals who have different perceived risks. In addition, knowledge and skills to reduce the perceived risk of individuals also needs to be more concerned.

Keywords: social entrepreneurial intention; risk-taking propensity; perceived feasibility; perceived desirability; mediation test (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:bjw:econen:v:11:y:2021:i:1:p:73-82

DOI: 10.46223/HCMCOUJS.econ.en.11.1.543.2021

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