IDEAS home Printed from https://ideas.repec.org/a/bpj/erjour/v14y2024i2p707-734n12.html
   My bibliography  Save this article

Economic Context and Entrepreneurial Intention: Analysis of Individuals’ Perceptions in a Spanish University Context

Author

Listed:
  • Gil-Soto Esperanza

    (Department of Business Administration and Economic History, University of La Laguna, Islas Canarias, Spain)

  • García-Rodríguez Francisco J.

    (Department of Business Administration and Economic History, University of La Laguna, Islas Canarias, Spain)

  • Ruiz-Rosa Inés

    (Department of Economics, Accounting and Finance, University of La Laguna, Islas Canarias, Spain)

  • Gutiérrez-Taño Desiderio

    (Department of Business Administration and Economic History, University of La Laguna, Islas Canarias, Spain)

Abstract

Entrepreneurship has been emphasized as a way of boosting economic growth. However, there is a lack of knowledge about whether changes in economic context influence entrepreneurial activity. This paper analyzes the influence that such economic changes may have on entrepreneurial intention and its antecedents from individuals’ cognitive perspectives. With this aim, an empirical study is conducted using the Partial Least Squares technique on a sample of 7454 Spanish university students, who had participated in the Global University Entrepreneurial Spirit Student Survey 2013 and 2018 editions. The results indicate that in times of optimistic job prospects arising from a period of economic growth, individuals reduce their entrepreneurial intentions as a professional option for the future. Despite this, improvements in the economic situation can intensify the perception of support from those closest to potential young entrepreneurs, as well as the confidence that these people have in themselves to start a new business. Moreover, our findings suggest that better economic expectations negatively influence the relationship between social support perceived and young people’s motivations (attitude and self-efficacy) towards the decision to become an entrepreneur.

Suggested Citation

  • Gil-Soto Esperanza & García-Rodríguez Francisco J. & Ruiz-Rosa Inés & Gutiérrez-Taño Desiderio, 2024. "Economic Context and Entrepreneurial Intention: Analysis of Individuals’ Perceptions in a Spanish University Context," Entrepreneurship Research Journal, De Gruyter, vol. 14(2), pages 707-734, April.
    • Handle: RePEc:bpj:erjour:v:14:y:2024:i:2:p:707-734:n:12
    DOI: 10.1515/erj-2021-0290
    as

    Download full text from publisher

    File URL: https://doi.org/10.1515/erj-2021-0290
    Download Restriction: For access to full text, subscription to the journal or payment for the individual article is required.
    File URL: https://libkey.io/10.1515/erj-2021-0290?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    individuals’ perceptions; entrepreneurial intention; economic expectations; university students; Spain; PLS-SEM;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bpj:erjour:v:14:y:2024:i:2:p:707-734:n:12. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.degruyter.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.