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Entrepreneurial intention in adolescents: The impact of psychological capital

Author

Listed:
  • Salavou, Helen
  • Mamakou, Xenia J.
  • Douglas, Evan J.

Abstract

Entrepreneurial intention (EI) of adolescents provides an early window on the entrepreneurial process when young people are forming their occupational identity. Using a neo-configurational perspective, we illuminate the complex causality of EI in a large sample of adolescents and reveal individual differences based on combinations of their psychological capital (PsyCap), gender, academic performance, parent entrepreneurs, and urban environment that culminate in the intention to become an entrepreneur. The empirical evidence provided here reveals synergy, substitution, and suppression effects among the causal conditions indicating multiple pathways to explain both high EI and low EI (indicative of employment intention) which are not the simple inverse of each other. We conduct both deductive hypothesis testing and abductive theory development based on the inductive results, such that this paper contributes to the literature on occupational choices made by adolescents, with implications for educational policy and further research.

Suggested Citation

  • Salavou, Helen & Mamakou, Xenia J. & Douglas, Evan J., 2023. "Entrepreneurial intention in adolescents: The impact of psychological capital," Journal of Business Research, Elsevier, vol. 164(C).
    • Handle: RePEc:eee:jbrese:v:164:y:2023:i:c:s0148296323003752
    DOI: 10.1016/j.jbusres.2023.114017
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