A cross-cultural study of entrepreneurial motivation and entrepreneurial intentions amongst university students: the roles of individualism and collectivism

Emmanuel Affum-Osei (), Sharon G. Goto (), June Chun Yeung (), Rong Wang (), Hodar Lam (), Inusah Abdul-Nasiru () and Darius K. S. Chan ()
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Emmanuel Affum-Osei: KNUST School of Busines, Kwame Nkrumah University of Science and Technology
Sharon G. Goto: Pomona College
June Chun Yeung: Polish Academy of Sciences
Rong Wang: Shenzhen University
Hodar Lam: Lingnan University
Inusah Abdul-Nasiru: University of Ghana
Darius K. S. Chan: The Chinese University of Hong Kong

Journal of Global Entrepreneurship Research, 2024, vol. 14, issue 1, 1-19

Abstract: Abstract This study addresses how entrepreneurial motivation (i.e., perceived recognition, sense of independence, pursuit of learning/innovation, perceived role model, and perceived financial success) relates to the intentions to venture into a new business. The study also explores the moderating roles of individualism and collectivism in the relations. Based on 948 participants, the data were analyzed using confirmatory factor analyses and hierarchical regressions. Results showed that entrepreneurial motivation related positively to entrepreneurial intentions across five different cultures. Interestingly, culture was also found to moderate some respective relationships between motivational factors and entrepreneurial intentions. By examining these motivational factors across five cultures, this study has revealed that entrepreneurs in both individualistic and collectivistic cultures reported similar motivations, indicating that specific entrepreneurial motivation is not confined in a particular culture. Findings contribute to our understanding on how entrepreneurial motivation is important in business start-ups across diverse cultures.

Keywords: Entrepreneurship; Motivation; Entrepreneurial intentions; Individualism; Collectivism (search for similar items in EconPapers)
Date: 2024
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DOI: 10.1007/s40497-024-00405-4

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