The role of entrepreneurial resourcefulness and dynamic capabilities on students’ entrepreneurial intention

The research on entrepreneurial resourcefulness (ER) as an antecedent of entrepreneurial intention (EI), especially among young people in resource-constrained environments and institutional voids, is still under-explored. This study investigated the EI of 222 university students through the effects of ER and dynamic capabilities (DC). Results revealed that ER can increase EI both as a second-order variable and a multidimensional construct. The multidimensionality of ER partially mediated by dynamic capabilities enhances the students’ EI. The research found novel insights into ER among young aspiring entrepreneurs, differentiating them from existing entrepreneurs. Thus, it is critical for entrepreneurial education to reflect on the need for ER dimensions like attitude toward frugality, self-control, and financial bootstrapping as core skills for surviving in resource-constrained environments. The study concludes by drawing implications relevant to theory and policy/practice.