Moving from Intentions to Actions in Youth Entrepreneurship: An Institutional Perspective

Galina Shirokova, Osiyevskyy Oleksiy (), Bogatyreva Karina (), Edelman Linda F. () and Manolova Tatiana S. ()
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Osiyevskyy Oleksiy: Haskayne School of Business, University of Calgary, SH 426, 2500 University Drive NW, Calgary, AB, T2N 1N4, Canada
Bogatyreva Karina: Graduate School of Management St Petersburg University, 3 Volkhovsky Pereulok, St Petersburg, 199004, Russia
Edelman Linda F.: Bentley University, 175 Forest Street, Waltham, MA 02452-4705, USA
Manolova Tatiana S.: Bentley University, 175 Forest Street, Waltham, MA 02452-4705, USA

Entrepreneurship Research Journal, 2022, vol. 12, issue 1, 25-69

Abstract: Situational factors may facilitate or frustrate the translation of entrepreneurial intentions into subsequent actions. In this study, we use data from two waves of a large-scale cross-country study of student entrepreneurship, the Global University Entrepreneurial Spirit Students' Survey (GUESSS), conducted in 2011 and 2013/2014 (n = 1434 students from 142 universities in nine countries), in order to investigate the impact of country-level institutions (financial market institutions and legal institutions) on the link between entrepreneurial intentions and subsequent start-up activities. We find that the quality of legal institutions has a significant positive impact on the translation of intentions into actions, whereas the quality of the national financial system does not influence the intentions-actions link. Theoretical and public policy implications are discussed.

Keywords: entrepreneurial intention; intention-action link; formal institutions; student entrepreneurs; Global University Entrepreneurial Spirit Students' Survey (search for similar items in EconPapers)
Date: 2022
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DOI: 10.1515/erj-2019-0201

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