The bidirectional relationship between entrepreneurial intention and entrepreneurial competencies for nascent and existing entrepreneurs

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dc.contributor.author Botha, Melodi
dc.contributor.author Taljaard, Amorie
dc.date.accessioned 2020-07-09T13:00:03Z
dc.date.available 2020-07-09T13:00:03Z
dc.date.issued 2019-05
dc.description.abstract BACKGROUND: Although many scholars focus their research efforts on predicting entrepreneurial intention, these scholars have not determined the bidirectional relationship between entrepreneurial intention and competencies. AIM: This article investigates whether entrepreneurial intention and various individual entrepreneurial competencies influence each other. The human agency and social cognitive theories suggest that these constructs have bidirectional relationships. Furthermore, the direction and strength of these relationships are established. SETTING: Results from a sample of 342 nascent and existing entrepreneurs from South Africa are drawn. METHOD: A quantitative research study is undertaken and structural equation modelling conducted. As far as could be determined, this study is the first to test the model fit between entrepreneurial intention and the individual entrepreneurial competencies in one model. RESULTS: The findings provide evidence of a bidirectional relationship between entrepreneurial intention and various entrepreneurial competencies, and the outcome thereof might lead to an increased business start-up. The strongest positive relationships were observed between entrepreneurial intention and self-efficacy, opportunity recognition, conveying a compelling vision, value creation through innovation (observing customer usage) and perseverance. Previous scholars confirmed that self-efficacy is a strong predictor of entrepreneurial intention. The article found a moderate positive significant bidirectional relationship between entrepreneurial intention and self-efficacy. CONCLUSION: The findings could assist policy-makers, educators, as well as potential, nascent and start-up entrepreneurs with the understanding that these specific entrepreneurial competencies are necessary for a successful business venture or for moving to the next stage of the venture life cycle. In addition to the previously mentioned practical implications, this study also shows educators, policy-makers and academics that they need to adapt their entrepreneurial training programmes to ensure that self-efficacy and entrepreneurial intention are taught simultaneously as these constructs influence each other. en_ZA
dc.description.department Business Management en_ZA
dc.description.librarian pm2020 en_ZA
dc.description.uri https://sajems.org/index.php/sajems en_ZA
dc.identifier.citation Botha, M. & Taljaard, A., 2019, ‘The bidirectional relationship between entrepreneurial intention and entrepreneurial competencies for nascent and existing entrepreneurs’, South African Journal of Economic and Management Sciences 22(1), a2230. https://doi.org/10.4102/sajems.v22i1.2230. en_ZA
dc.identifier.issn 2222-3436 (online)
dc.identifier.issn 1015-8812 (print)
dc.identifier.issn 10.4102/sajems.v22i1.2230
dc.identifier.uri http://hdl.handle.net/2263/75114
dc.language.iso en en_ZA
dc.publisher University of Pretoria, Department of Economics en_ZA
dc.rights © 2019. The Authors.Licensee: AOSIS. This work is licensed under the Creative Commons Attribution License. en_ZA
dc.subject Entrepreneurial intention en_ZA
dc.subject Individual entrepreneurial competencies en_ZA
dc.subject Bidirectional relationship en_ZA
dc.subject Self-efficacy en_ZA
dc.subject Nascent en_ZA
dc.subject Existing entrepreneurs en_ZA
dc.title The bidirectional relationship between entrepreneurial intention and entrepreneurial competencies for nascent and existing entrepreneurs en_ZA
dc.type Article en_ZA


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