Why do wantrepreneurs fail to take actions? Moderators of the link between intentions and entrepreneurial actions at the early stage of venturing

Michał Mackiewicz ()
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Michał Mackiewicz: University of Lodz Institute of Economics

Quality & Quantity: International Journal of Methodology, 2023, vol. 57, issue 1, No 16, 323-344

Abstract: Abstract Thriving entrepreneurship is a necessary condition of long-term sustainability in all modern economies. However, many entrepreneurs-to-be fail to take real actions in their transition from dreamers to doers. In this paper, we demonstrate that there are significant gaps in the current understanding of the important pre-entrepreneurship stages of starting new companies. In particular, these gaps include a proper understanding of moderators such as procrastination, commitment, and acquiring entrepreneurial knowledge from informal and unstructured sources. A promising way to fill these gaps is researching a promising yet little-known group – wantrepreneurs. Our qualitative study of a group of wantrepreneurs who seriously consider becoming entrepreneurs but fail to take any concrete steps allowed us to propose a number of hypotheses in this area and propose an extension of the Entrepreneurial Event Model.

Keywords: Long-term sustainability; Entrepreneurship; Theory of planned behaviour; Nascent entrepreneurs; Action plans; Entrepreneurial intentions (search for similar items in EconPapers)
Date: 2023
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DOI: 10.1007/s11135-022-01337-5

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