The effect of risk-taking propensity on social entrepreneurial intention: Evidence from Vietnam

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DOI:

10.46223/HCMCOUJS.econ.en.11.1.543.2021

Keywords:

social entrepreneurial intention; risk-taking propensity; perceived feasibility; perceived desirability; mediation test

Abstract

This study aims to investigate the impact of risk-taking propensity on social entrepreneurial intention by extending the model of Mair and Noboa (2006), and examine the mediating effects of perceived feasibility and perceived desirability. The results obtained from a survey of 795 final semester students. Four-steps suggested by Baron and Kenny (1986) was followed to test the mediation effects of perceived desirability and perceived feasibility in the relationship between risk-taking propensity and social entrepreneurial intention. There is no direct relationship between risk-taking propensity and entrepreneurial intention. The results showed that the perceived feasibility fully mediated the effects of risk-taking propensity to social entrepreneurial intention. These results are expected to trigger a change in education about social entrepreneurship by developing programs for individuals who have different perceived risks. In addition, knowledge and skills to reduce the perceived risk of individuals also needs to be more concerned.

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References

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Alsaad, A., Mohamad, R., & Ismail, N. A. (2015). Perceived desirability and firm’s intention to adopt business to business e-commerce: A test of second-order construct. Advanced Science Letters, 21(6), 2028-2032.

Austin, J., Stevenson, H., & Wei-Skillern, J. (2006). Social and commercial entrepreneurship: Same, different, or both? Entrepreneurship Theory and Practice, 30(1), 1-22. doi:10.1111/j.1540-6520.2006.00107.x

Baierl, R., Grichnik, D., Spörrle, M., & Welpe, I. M. (2014). Antecedents of social entrepreneurial intentions: The role of an individual’s general social appraisal. Journal of Social Entrepreneurship, 5(2), 123-145.

Baron, R. M., & Kenny, D. A. (1986). The moderator-mediator variable distinction in social psychological research: Conceptual, strategic, and statistical considerations. Journal of Personality and Social Psychology, 51(6), 1173-1182.

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Additional Files

Received: 12-06-2020
Accepted: 30-12-2020
Published: 26-02-2021

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How to Cite

Luc, P. T., Lan, P. X., Anh, B. N. T., & Cuong, D. T. (2021). The effect of risk-taking propensity on social entrepreneurial intention: Evidence from Vietnam. HO CHI MINH CITY OPEN UNIVERSITY JOURNAL OF SCIENCE - ECONOMICS AND BUSINESS ADMINISTRATION, 11(1), 73–82. https://doi.org/10.46223/HCMCOUJS.econ.en.11.1.543.2021

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Copyright (c) 2021 Phan Tan Luc; Pham Xuan Lan; Bui Ngoc Tuan Anh; Dam Tri Cuong

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This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.