The Effect of Entrepreneurship Education on Entrepreneurial Intention: Mediation of Entrepreneurial Self-Efficacy and Moderating Model of Psychological Capital

Xin-Hai Wang, Xiang You, Hsuan-Po Wang (), Bo Wang, Wen-Ya Lai and Nanguang Su
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Xin-Hai Wang: School of Tourism and Sport Health, Hezhou University, Hezhou 542899, China
Xiang You: Chinese International College, Dhurakij Pundit University, Bangkok 10210, Thailand
Hsuan-Po Wang: Chinese International College, Dhurakij Pundit University, Bangkok 10210, Thailand
Bo Wang: Chinese International College, Dhurakij Pundit University, Bangkok 10210, Thailand
Wen-Ya Lai: Chinese International College, Dhurakij Pundit University, Bangkok 10210, Thailand
Nanguang Su: Chinese International College, Dhurakij Pundit University, Bangkok 10210, Thailand

Sustainability, 2023, vol. 15, issue 3, 1-20

Abstract: Based on planned behavior theory (TPB), this study aims to explore the direct or indirect impacts of entrepreneurship education on entrepreneurial intentions through entrepreneurial self-efficacy and explore the moderating role of psychological capital. Sample data were collected by sending online electronic questionnaires to university students in some universities in Guangxi. A structural equation model was used to test the 757 valid sample data. The results showed that: (1) college students of different genders and those with or without family business experience have significant differences in terms of their entrepreneurial intentions; (2) entrepreneurship education has a significant positive impact on entrepreneurial intentions; (3) entrepreneurial self-efficacy plays a complete mediating role; and (4) higher psychological capital can positively regulate the impact of entrepreneurial self-efficacy on entrepreneurial intention. The findings help explain the need for entrepreneurship education. In order to increase students’ participation in entrepreneurship education courses, different innovative technology-based curricula and educational methods can be used at higher educational levels. In addition, this study constructs a mediation and moderation model influencing entrepreneurial intention based on TPB, which further tests and enriches the research perspective of this theory from the perspective of positive psychology.

Keywords: entrepreneurship education; entrepreneurial intention; entrepreneurial self-efficacy; psychological capital (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 (5)

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