IDEAS home Printed from https://ideas.repec.org/a/pal/palcom/v11y2024i1d10.1057_s41599-024-02728-9.html
   My bibliography  Save this article

Individual entrepreneurial orientation for entrepreneurial readiness

Author

Listed:
  • Adeshina Olushola Adeniyi

    (Africa Business School, University of Mohammed VI Polytechnic)

  • Vangeli Gamede

    (Information Technology and Governance at the University of KwaZulu-Natal)

  • Evelyn Derera

    (Information Technology and Governance at the University of KwaZulu-Natal)

Abstract

Low business start-ups due to poor entrepreneurial competence among the youth has continued to attract the interest of entrepreneurship educators and practitioners. Previous investigations have explored individual entrepreneurial orientation, with little attention given to entrepreneurial readiness of students from science and technology colleges in Nigeria. This research shortcoming forms the motivation for this study. The study aims to explore the effect of Individual Entrepreneurial Orientation (IEO) components on students’ entrepreneurial readiness for business start-ups. The philosophical approach is framed within the positivist perspective, with a survey of 289 exit-level students as the sample size. The Kaiser–Meyer–Olkin test and Bartlett’s test were performed to measure the sample adequacy. Pearson’s correlation and regression analysis were conducted to validate the hypotheses. The results indicated that IEO risk-taking shows insignificant association with the students’ entrepreneurial readiness, while IEO innovation and IEO proactivity show significant association with the students’ entrepreneurial readiness. The study further reveals that there is no gender difference in the students’ entrepreneurial readiness as influenced by IEO towards starting a business. Managerial implication suggests the promotion and development of an entrepreneurial mindset with practical translations.

Suggested Citation

  • Adeshina Olushola Adeniyi & Vangeli Gamede & Evelyn Derera, 2024. "Individual entrepreneurial orientation for entrepreneurial readiness," Palgrave Communications, Palgrave Macmillan, vol. 11(1), pages 1-10, December.
    • Handle: RePEc:pal:palcom:v:11:y:2024:i:1:d:10.1057_s41599-024-02728-9
    DOI: 10.1057/s41599-024-02728-9
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1057/s41599-024-02728-9
    File Function: Abstract
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1057/s41599-024-02728-9?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.

    References listed on IDEAS

    as
    1. Teemu Kautonen & Marco van Gelderen & Erno T. Tornikoski, 2013. "Predicting entrepreneurial behaviour: a test of the theory of planned behaviour," Applied Economics, Taylor & Francis Journals, vol. 45(6), pages 697-707, February.
    2. Jimmy Ellya KURNIAWAN & Fendy SUHARIADI & Cholicul HADI, 2017. "The Impact Of School Corporate Cultures On Teachers Entrepreneurial Orientation. The Mediating Role Of Readiness For Change," Expert Journal of Business and Management, Sprint Investify, vol. 5(1), pages 22-31.
    3. Oyedele Martins Ogundana & Amon Simba & Leo-Paul Dana & Eric Liguori, 2021. "Women entrepreneurship in developing economies: A gender-based growth model," Journal of Small Business Management, Taylor & Francis Journals, vol. 59(S1), pages 42-72, August.
    4. Lumpkin, G. T. & Dess, Gregory G., 2001. "Linking two dimensions of entrepreneurial orientation to firm performance: The moderating role of environment and industry life cycle," Journal of Business Venturing, Elsevier, vol. 16(5), pages 429-451, September.
    5. Wei-Loon Koe, 2016. "The relationship between Individual Entrepreneurial Orientation (IEO) and entrepreneurial intention," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 6(1), pages 1-11, December.
    6. Budi W. Soetjipto & Dian Alanudin & Heru Muara Sidik & Budianto Surbakti, 2022. "Understanding the effects of digital transformation, entrepreneurial orientation, readiness for change, and innovative behaviour on performance," International Journal of Business and Systems Research, Inderscience Enterprises Ltd, vol. 16(5/6), pages 709-731.
    7. Coduras, Alicia & Saiz-Alvarez, José Manuel & Ruiz, Jesús, 2016. "Measuring Readiness for Entrepreneurship: An Information Tool Proposal," MPRA Paper 86603, University Library of Munich, Germany.
    8. Vincent Koen & Hidekatsu Asada & Mohamed Rizwan Habeeb Rahuman & Adam Bogiatzis, 2018. "Boosting productivity and living standards in Thailand," OECD Economics Department Working Papers 1470, OECD Publishing.
    9. Adeshina Olushola Adeniyi & Evelyn Derera & Vangeli Gamede, 2022. "Entrepreneurial Self-Efficacy for Entrepreneurial Readiness in a Developing Context: A Survey of Exit Level Students at TVET Institutions in Nigeria," SAGE Open, , vol. 12(2), pages 21582440221, April.
    10. Fairlie, Robert W. & Holleran, William, 2012. "Entrepreneurship training, risk aversion and other personality traits: Evidence from a random experiment," Journal of Economic Psychology, Elsevier, vol. 33(2), pages 366-378.
    11. Kamhon Kan & Wei-Der Tsai, 2006. "Entrepreneurship and Risk Aversion," Small Business Economics, Springer, vol. 26(5), pages 465-474, June.
    12. Danny Miller, 1983. "The Correlates of Entrepreneurship in Three Types of Firms," Management Science, INFORMS, vol. 29(7), pages 770-791, July.
    13. Luciana De Andrade Costa & Emerson Wagner Mainardes, 2016. "The role of corruption and risk aversion in entrepreneurial intentions," Applied Economics Letters, Taylor & Francis Journals, vol. 23(4), pages 290-293, March.
    14. Adeshina Olushola Adeniyi, 2023. "The mediating effects of entrepreneurial self-efficacy in the relationship between entrepreneurship education and start-up readiness," Palgrave Communications, Palgrave Macmillan, vol. 10(1), pages 1-14, December.
    15. Donald Kuratko & Michael Morris & Minet Schindehutte, 2015. "Understanding the dynamics of entrepreneurship through framework approaches," Small Business Economics, Springer, vol. 45(1), pages 1-13, June.
    16. Morten Jerven & Deborah Johnston, 2015. "Statistical Tragedy in Africa? Evaluating the Data Base for African Economic Development," Journal of Development Studies, Taylor & Francis Journals, vol. 51(2), pages 111-115, February.
    17. DeMartino, Richard & Barbato, Robert, 2003. "Differences between women and men MBA entrepreneurs: exploring family flexibility and wealth creation as career motivators," Journal of Business Venturing, Elsevier, vol. 18(6), pages 815-832, November.
    18. Covin, Jeffrey G. & Rigtering, J.P. Coen & Hughes, Mathew & Kraus, Sascha & Cheng, Cheng-Feng & Bouncken, Ricarda B., 2020. "Individual and team entrepreneurial orientation: Scale development and configurations for success," Journal of Business Research, Elsevier, vol. 112(C), pages 1-12.
    19. Desislava I. Yordanova & Maria-Antonia Tarrazon, 2010. "Gender Differences In Entrepreneurial Intentions: Evidence From Bulgaria," Journal of Developmental Entrepreneurship (JDE), World Scientific Publishing Co. Pte. Ltd., vol. 15(03), pages 245-261.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Daniel R. Clark & Robert J. Pidduck & G. T. Lumpkin & Jeffrey G. Covin, 2024. "Is It Okay to Study Entrepreneurial Orientation (EO) at the Individual Level? Yes!," Entrepreneurship Theory and Practice, , vol. 48(1), pages 349-391, January.
    2. Abu Elnasr E. Sobaih & Ibrahim A. Elshaer, 2022. "Structural Equation Modeling-Based Multi-Group Analysis: Examining the Role of Gender in the Link between Entrepreneurship Orientation and Entrepreneurial Intention," Mathematics, MDPI, vol. 10(20), pages 1-23, October.
    3. Francisco Javier Forcadell & Fernando Úbeda, 2022. "Individual entrepreneurial orientation and performance: the mediating role of international entrepreneurship," International Entrepreneurship and Management Journal, Springer, vol. 18(2), pages 875-900, June.
    4. Cowden, Birton & Tang, Jintong, 2022. "Institutional entrepreneurial orientation: Beyond setting the rules of the game for blockchain technology," Technological Forecasting and Social Change, Elsevier, vol. 180(C).
    5. Shathees Baskaran & Rohaida Basiruddin & Siti Zaleha Abdul Rasid & Haliyana Khalid & Tan Sui Hong, 2018. "Resource and Time Availability: An Imperious Stimulus for Entrepreneurial Orientation?," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 8(2), pages 244-261, February.
    6. Wales, William J. & Kraus, Sascha & Filser, Matthias & Stöckmann, Christoph & Covin, Jeffrey G., 2021. "The status quo of research on entrepreneurial orientation: Conversational landmarks and theoretical scaffolding," Journal of Business Research, Elsevier, vol. 128(C), pages 564-577.
    7. Suk Bong Choi & Wang Ro Lee & Seung-Wan Kang, 2020. "Entrepreneurial Orientation, Resource Orchestration Capability, Environmental Dynamics and Firm Performance: A Test of Three-Way Interaction," Sustainability, MDPI, vol. 12(13), pages 1-13, July.
    8. Gina Santos & Carla Susana Marques & João Ferreira, 2021. "The Influence of Embeddedness on Entrepreneurship, Innovation and Strategy: A Gender Perspective in the Agri-Food Sector," Sustainability, MDPI, vol. 13(16), pages 1-29, August.
    9. Ferreras-Méndez, José Luis & Olmos-Peñuela, Julia & Salas-Vallina, Andrés & Alegre, Joaquín, 2021. "Entrepreneurial orientation and new product development performance in SMEs: The mediating role of business model innovation," Technovation, Elsevier, vol. 108(C).
    10. Ibrahim A. Elshaer & Abu Elnasr E. Sobaih, 2022. "I Think I Can, I Think I Can: Effects of Entrepreneurship Orientation on Entrepreneurship Intention of Saudi Agriculture and Food Sciences Graduates," Agriculture, MDPI, vol. 12(9), pages 1-18, September.
    11. Delia-Mihaela BORS & Oana-Adriana GICA, 2024. "Young Female Entrepreneurial Orientation In A Context Of Crisis. The Case Of A Developing Country," Oradea Journal of Business and Economics, University of Oradea, Faculty of Economics, vol. 9(1), pages 72-86, March.
    12. S. Arunachalam & Sridhar N. Ramaswami & Pol Herrmann & Doug Walker, 2018. "Innovation pathway to profitability: the role of entrepreneurial orientation and marketing capabilities," Journal of the Academy of Marketing Science, Springer, vol. 46(4), pages 744-766, July.
    13. Chahal, Hardeep & Gupta, Mahesh & Lonial, Subhash & Raina, Swati, 2019. "Operational flexibility-entrepreneurial orientation relationship: Effects and consequences," Journal of Business Research, Elsevier, vol. 105(C), pages 154-167.
    14. Manrique Hernández-Ramírez & Ronald Mora-Esquivel & Juan Carlos Leiva, 2022. "Orientación emprendedora y desempeno innovador en mipymes. El rol moderador de la orientación estratégica," Estudios Gerenciales, Universidad Icesi, vol. 38(162), pages 95-108, March.
    15. Arslan Ayub & Muhammad Salman Aslam & Hanan Iftekhar & Adeel Razzaq & Sabiha Hafeez, 2013. "Compete or Leapfrog: Creating Blue Ocean through Entrepreneurial Orientation," Acta Universitatis Danubius. OEconomica, Danubius University of Galati, issue 9(5), pages 211-221, October.
    16. Madison, Kristen & Runyan, Rodney C. & Swinney, Jane L., 2014. "Strategic posture and performance: Revealing differences between family and nonfamily firms," Journal of Family Business Strategy, Elsevier, vol. 5(3), pages 239-251.
    17. Zhiwei Yan & Xuerong Peng & Seoki Lee & Leibao Zhang, 2023. "How do multiple cognitions shape corporate proactive environmental strategies? The joint effects of environmental awareness and entrepreneurial orientation," Asian Business & Management, Palgrave Macmillan, vol. 22(4), pages 1592-1617, September.
    18. Erik Lundmark & Anna Krzeminska & Dean A. Shepherd, 2019. "Images of Entrepreneurship: Exploring Root Metaphors and Expanding Upon Them," Entrepreneurship Theory and Practice, , vol. 43(1), pages 138-170, January.
    19. D’Angelo, Alfredo & Presutti, Manuela, 2019. "SMEs international growth: The moderating role of experience on entrepreneurial and learning orientations," International Business Review, Elsevier, vol. 28(3), pages 613-624.
    20. Kritikos, Alexander, 2022. "Personality and Entrepreneurship," GLO Discussion Paper Series 1137, Global Labor Organization (GLO).

    More about this item

    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:pal:palcom:v:11:y:2024:i:1:d:10.1057_s41599-024-02728-9. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: https://www.nature.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.