Mediated Effect of Entrepreneurial Education on Students’ Intention to Engage in Social Entrepreneurial Projects

Zoran Rakicevic (), Katarina Njegic, Maja Cogoljevic and Jovana Rakicevic
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Zoran Rakicevic: Faculty of Organizational Sciences, University of Belgrade, 11000 Belgrade, Serbia
Katarina Njegic: Management, Marketing and Entrepreneurship, Faculty of Business Economics and Entrepreneurship, 11000 Belgrade, Serbia
Maja Cogoljevic: Management, Marketing and Entrepreneurship, Faculty of Business Economics and Entrepreneurship, 11000 Belgrade, Serbia
Jovana Rakicevic: Faculty of Organizational Sciences, University of Belgrade, 11000 Belgrade, Serbia

Sustainability, 2023, vol. 15, issue 5, 1-16

Abstract: Social enterprises are gaining great importance, since they can efficiently solve social problems and help reduce unemployment. Thus, it is important to discover how social entrepreneurial intention (SEI) can be enhanced. In this paper, a model of the impact of entrepreneurial education (EE) on SEI is formulated by relying on the human capital theory. It is hypothesized that EE acts on SEI directly as well as indirectly by increasing the perceived importance of social entrepreneurship (PISE). The model was evaluated on a sample of 400 students from the Republic of Serbia, and Bosnia and Herzegovina. The analysis was conducted using partial least squares structural equation modelling (PLS-SEM). In addition, a multigroup analysis was conducted in order to establish differences in the proposed relationship between countries. The obtained results indicate a positive impact of EE on SEI and a positive impact of PISE on SEI in both observed countries. The influence of EE on PISE, as well as the indirect effect of EE on SEI through PISE, was confirmed in Serbia, but not in Bosnia and Herzegovina. The results of this paper justify further government investment in the development of educational programs. This paper also gives recommendations to universities, educators, and researchers.

Keywords: social entrepreneurial intention; entrepreneurial education; social entrepreneurial project; perceived importance of social entrepreneurship; social entrepreneurs; students (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:15:y:2023:i:5:p:4606-:d:1087858

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