Psychological Development and Education ›› 2013, Vol. 29 ›› Issue (2): 152-158.

Previous Articles     Next Articles

The Relationship Between Risk-Taking Propensity and Entrepreneurial Intention of University Students:The Moderating Role of Perceived Entrepreneurial Culture

LI Hai-lei, GONG Yan-ming, ZHANG Wen-xin   

  1. School of Psychology, Shandong Normal University, Jinan 250014, China
  • Online:2013-03-15 Published:2013-03-15

Abstract: 996 undergraduates of grade one to four completed the Kogan-Wallach Choice Dilemma Questionnaire (CDQ), Perceived Entrepreneurial Culture Questionnaire and Entrepreneurial Intention Scale of Undergraduates during school hours, in order to explore the relations between risk-taking propensity, perceived entrepreneurial culture and entrepreneurial intention. The results indicated that: (1) Males reported significantly higher levels of both entrepreneurial goal intention and entrepreneurial implementation intention than of females; (2) Both individual's risk-taking propensity and perceived entrepreneurial culture positively predicted entrepreneurial goal intention; (3) Individual's perceived entrepreneurial culture moderated the relation between risk-taking propensity and entrepreneurial goal intention. Specifically, risk-taking propensity predicted entrepreneurial goal intention positively for those individuals with higher level of perceived entrepreneurial culture. However, among those individuals with lower level of perceived entrepreneurial culture, risk-taking propensity didn't predict entrepreneurial goal intention.

Key words: undergraduate students, risk-taking propensity, perceived entrepreneurial culture, entrepreneurial intention

CLC Number: 

  • B844.3
Aiken, L. S., & West, S. G. (1991). Multiple regression: Testing and interpretation interactions. Thousand Oaks, CA: Sage.
Ajzen, I. (1991). The theory of planned behavior. Organizational Behavior and Human Decision Processes, 50(2), 179-211.
Carland, J. W., Hoy, F., Boulton, W. R., & Carland, J. C. (1984). Differentiating entrepreneurs from small business owners: A conceptualization. Academy of Management Review, 9(2), 354-359.
Carr, J. C., & Sequeira, J. M. (2007). Prior family business exposure as intergenerational influence and entrepreneurial intent: A theory of planned behavior approach. Journal of Business Research, 60(10), 1090-1098.
Chao, R. C., Wei, M., Good, G. E., & Flores, L. Y. (2011). Race/ethnicity, color-blind racial attitudes, and multicultural counseling competence: The moderating effects of multicultural counseling training. Journal of counseling psychology, 58(1), 72-82.
Chell, E., Haworth, J. M., & Brearley, S. (1991). The entrepreneurial personality. London: Routledge.
Couto, J. P. A., & Tiago, M. T. B. (2009). Propensity for entrepreneurship among university students. The Business Review, Cambrige, 12(1), 308-316.
Franke, N., & Lüthje, C. (2004). Entrepreneurial intentions of business students: A benchmarking study. International Journal of Innovation and Technology Management, 1(3), 269-288.
Frazier, P. A., Tix, A. P., & Barron, K. E. (2004). Testing moderator and mediator effects in counseling psychology. Journal of Counseling Psychology, 51(1), 115-134.
Gollwitzer, P., & Brandstätter, V. (1997). Implementation intentions and effective goal pursuit. Journal of Personality and Social Psychology, 73(1), 186-199.
Gupta, V. K., Turban, D. B., & Bhawe, N. M. (2008). The effect of gender stereotype activation on entrepreneurial intentions. Journal of Applied Psychology, 93(5),1053-1061.
Gürol, Y., & Atsan, N. (2006). Entrepreneurial characteristics among university students: Some insights for entrepreneurship education and training in Turkey. Education & Trainging, 48(1), 25-38.
Hisrich, R., Langan-Fox, J., & Grant, S. (2007). Entrepreneurship research and practice: A call to action for psychology. American Psychologist, 62(6), 575-589.
Knight, F. H. (1921). Risk, uncertainty, and profit. New York: Kelly and Millman.
Kogan, N., & Wallach, M. A. (1964). Risk taking. New York: Holt, Rinehart and Winston.
Kristiansen, S., & Indarti, N. (2004). Entrepreneurial intention among Indonesian and Norwegian students. Journal of Enterprising Culture, 12(1), 55-78.
Krueger, N. F. (2007). What lies beneath? The experiential essence of entrepreneurial thinking. Entrepreneurship Theory and Practice, 31(1), 123-138.
Krueger, N. F., Reilly, M. D., & Carsrud, A. L. (2000). Competing models of entrepreneurial intentions. Journal of Business Venturing, 15(5), 411-432.
Langowitz, N., & Minniti, M. (2007). The entrepreneurial propensity of women. Entrepreneurship Theory and Practice, 31(3), 341-364.
Levie, J., & Autio, E. (2007, October). Entrepreneurial framework conditions and national-level entrepreneurial activity: Seven-year panel study. Paper for the Third Global Entrepreneurship Research Conference, George Mason University, Washington D. C.
Liñán, F., & Chen, Y. (2009). Development and cross-cultural application of a specific instrument to measure entrepreneurial intentions. Entrepreneurship Theory and Practice, 33(3), 593-617.
Liñán, F., Moriano, J. A., Romero, I., Rueda, S., Tejada, P., & Fernández, J. (2009, September). VIE Project: Cultural values and socioeconomic factors as determinants of entrepreneurial intentions. Paper presented at the ESU Conference on Entrepreneurship, University of Sannio, Benevento, Italy.
Marlow, S., & Patton, D. (2005). All credit to men? Entrepreneurship, finance and gender. Entrepreneurship Theory and Practice, 29(6), 717-735.
Miner, J. B., & Raju, N. S. (2004). Risk propensity differences between managers and entrepreneurs and between low-and high-growth entrepreneurs: A reply in a more conservative vein. Journal of Applied Psychology, 89(1), 3-13.
Obschonka, M., Silbereisen, R. K., & Schmitt-Rodermund, E. (2010). Entrepreneurial intention as developmental outcome. Journal of Vocational Behavior, 77(1), 63-72.
Segal, G., Borgia, D., & Schoenfeld, J. (2005). The motivation to become an entrepreneur. International Journal of Entrepreneurial Behaviour & Research, 11(1), 42-57.
Stewart, W. H., Jr., & Roth, P. L. (2001). Risk propensity differences between entrepreneurs and managers: A meta-analytic review. Journal of Applied Psychology, 86(1), 145-153.
Stewart, W. H., Jr., & Roth, P. L. (2004). Data quality affects meta-analytic conclusions: A response to Miner and Raju (2004) concerning entrepreneurial risk propensity. Journal of Applied Psychology, 89(1), 14-21.
Tett, R. P., & Burnett, D. D. (2003). A personality trait-based interactionist model of job performance. Journal of Applied Psychology, 88(3), 500-517.
Tett, R. P., & Guterman, H. A. (2000). Situation trait relevance, trait expression, and cross-situational consistency: Testing a principle of trait activation. Journal of Research in Personality, 34(4), 397-423.
Thompson, E. R. (2009). Individual entrepreneurial intent: Construct clarification and development of an internationally reliable metric. Entrepreneurship Theory and Practice, 33(3), 669-694.
Wilson, F., Kickul, J., & Marlino, D. (2007). Gender, entrepreneurial self-efficacy, and entrepreneurial career intentions: Implications for entrepreneurship education. Entrepreneurship Theory and Practice, 31(3), 387-406.
Zhao, H., Seibert, S. E., & Hills, G. E. (2005). The mediating role of self-efficacy in the development of entrepreneurial intentions. Journal of Applied Psychology, 90(6), 1265-1272.
Zhao, H., Seibert, S. E., & Lumpkin, G. T. (2010). The relationship of personality to entrepreneurial intentions and performance: A meta-analytic review. Journal of Management, 36(2), 381-404.
范巍, 王重鸣. (2004). 创业倾向影响因素研究. 心理科学, 27(5), 1087-1090.
勒纳, R. M. (2011). 人类发展的概念与理论 (张文新 主译). 北京: 北京大学出版社, 227-252.
李海垒, 宫燕明, 张文新. (2012). 创业人格研究述评. 心理科学进展, 20(3), 403-411.
李海垒, 张文新, 宫燕明. (2011). 大学生的性别、性别角色与创业意向的关系. 华东师范大学学报(教育科学版), 29(4), 64-69.
汪宜丹. (2007). 创业企业家心理特征识别与创业精神培育研究. 同济大学管理学博士学位论文.
[1] ZHENG Shuang, LIU Hongrui, LI Jing, XI Yu, YAO Meilin. Proactive Personality and College Students’ Entrepreneurial Preparation Behavior: The Mediating Effect of Entrepreneurial Intention and Moderating Role of Entrepreneurial Social Support [J]. Psychological Development and Education, 2022, 38(6): 813-821.
[2] WU Yang, WU Li, NIU Gengfeng, CHEN Zhenzhen, WANG Lizhong. The Influence of WeChat Moments Use on Undergraduates' Depression: The Effects of Negative Social Comparison and Self-concept Clarity [J]. Psychological Development and Education, 2020, 36(4): 486-493.
[3] NIU Gengfeng, WU Li, XU Lei, ZHOU Zongkui, LIAN Shuailei. The Impact of Romantic Media Exposure on Undergraduate Students' Romantic Beliefs: The Effect of Perceived Realism and Social Comparison Orientation [J]. Psychological Development and Education, 2016, 32(5): 539-546.
[4] NIU Gengfeng, BAO Na, ZHOU Zongkui, FAN Cuiying, KONG Fanchang, SUN Xiaojun. The Impact of Self-presentation in Online Social Network Sites on Life Satisfaction: The Effect of Positive Affect and Social Support [J]. Psychological Development and Education, 2015, 31(5): 563-570.
[5] LI Hailei, ZHANG Wenxin. The Relationship between Proactive Personality and Entrepreneurial Intention of University Students: The Mediating Role of Entrepreneurial Knowledge [J]. Psychological Development and Education, 2015, 31(3): 264-270.
[6] ZHANG Ran-ran, XIA Ling-xiang, CHEN Yong. The Relationship Between Interpersonal Self-support Traits and Depression Among Undergraduate Students:The Mediating Role of Inerpersonal Coping [J]. Psychological Development and Education, 2014, 30(2): 193-199.
[7] WEI Hua, ZHOU Zong-kui, TIAN Yuan, BAO Na. Online Game Addiction:Effects and Mechanisms of Flow Experience [J]. Psychological Development and Education, 2012, 28(6): 651-657.
[8] XU Fen, ZOU Rong, MA Feng-ling, WU Ding-cheng. Automatic Processing of Undergraduate Students’ Trust Judgment based on Face [J]. Psychological Development and Education, 2012, 28(5): 449-455.
[9] FAN Cui-ying, SUN Xiao-jun, LIU Hua-shan. Time management disposition and subjective wellbeing in undergraduate students [J]. Psychological Development and Education, 2012, 28(1): 99-104.
[10] LUO Zhe-hui, WAN Jing-jing, LIU Qin-xue, FANG Xiao-yi. The Relationship of Internet Use, Internet Special Self-efficacy and Internet Addiction in University Students [J]. Psychological Development and Education, 2010, 26(6): 618-626.
[11] LIU Qin-xue, SU Wen-liang, FANG Xiao-yi, LUO Zhe-hui. Constructing Internet Use Decisional Balance Questionnaire in University Students [J]. Psychological Development and Education, 2010, 26(2): 176-182.
Viewed
Full text


Abstract

Cited

  Shared   
  Discussed   
No Suggested Reading articles found!