Extending the Theory of Planned Behavior – A Longitudinal Study of Entrepreneurial Intentions

Hanage Richard, Davies Mark Alexander Phillip, Stenholm Pekka and Scott Jonathan Matthew
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Hanage Richard: Teesside University Business School, Teesside University, Middlesbrough TS1 3BX, UK
Davies Mark Alexander Phillip: Teesside University Business School, Teesside University, Middlesbrough TS1 3BX, UK
Stenholm Pekka: Department of Management and Entrepreneurship, School of Economics, University of Turku, Turku, Finland
Scott Jonathan Matthew: School of Management and Marketing, University of Waikato, Tauranga, Waikato, New Zealand

Entrepreneurship Research Journal, 2024, vol. 14, issue 3, 1223-1258

Abstract: Most recent research about entrepreneurial intent (EI) examines EI and its determinants as a one-time event, but whether and how EI is continuously changing during early-stage entrepreneurship has not been adequately addressed. We track the shifts in the EI of young creative sector early-stage entrepreneurs vis-à-vis their changing external circumstances and their developing perceptions of the realities of business start-up. Our findings of 11 established and 10 new determinants of EI contribute to the Theory of Planned Behavior (TPB), and guide our appreciation of EI as a dynamic, longitudinal construct, which is the link between intent and realized action. Our findings have profound implications for policy-makers and practitioners, for instance those wishing to help early-stage entrepreneurs to establish businesses when they only possess limited entrepreneurial experience. This research study, therefore, responds to calls for more longitudinal qualitative research into the determinants of EI, entrepreneurial processes, and early business exit.

Keywords: entrepreneurial intent; theory of planned behavior (TPB); creative sector; business exit; dynamic entrepreneurial processes (search for similar items in EconPapers)
Date: 2024
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DOI: 10.1515/erj-2022-0142

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