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11 (1) 2021

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


Author - Affiliation:
Phan Tan Luc - Thu Dau Mot University , Vietnam
Pham Xuan Lan - University of Economics Ho Chi Minh City , Vietnam
Bui Ngoc Tuan Anh - Ho Chi Minh City Open University , Vietnam
Dam Tri Cuong - Industrial University of Ho Chi Minh City , Vietnam
Corresponding author: Phan Tan Luc - lucpt@tdmu.edu.vn
Submitted: 12-06-2020
Accepted: 30-12-2020
Published: 26-02-2021

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.

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

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Cite this paper as:

Phan, T. L., Pham, X. L., Bui, N. T. A., & Dam, T. C. (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. doi:10.46223/HCMCOUJS.econ.en.11.1.543.2021


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DOI: https://doi.org/10.46223/HCMCOUJS.econ.en.11.1.543.2021
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