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A Study on the Relationship between Entrepreneurship and Entrepreneurial Intention: Focusing on Panel Data Regression Model  

Lee, Joon beom (Graduate School of Public Administration, Seoul National University)
Publication Information
Asia-Pacific Journal of Business Venturing and Entrepreneurship / v.14, no.1, 2019 , pp. 1-15 More about this Journal
Abstract
The purpose of this study is to analyze the relationship between entrepreneurship and entrepreneurial intention. This relationship has been conceptually addressed in many previous studies and has been empirically tested. However, this study is different from the previous studies in the following four points. First, we measured entrepreneurial intention by manipulating launching a start-up as a relative concept for employment, which is consistent with the conceptual definition of entrepreneurial intention (i.e. entrepreneurial decision making in the process of career choice). Second, it is distinguished from previous researches in that it uses the question of preference for "action" with regard to job choice. Third, we expanded the opportunity for discussion using the youth panel data of the Korea Employment Information Service. Fourth, the altruistic purpose is included in the category of entrepreneurship. Empirical results showed that intentions of entrepreneurship were stronger when the need for achievement was intense, internal control tendency was intended, risk-taking propensity was sturdy, and autonomous tendency was high. However, innovation and aggressiveness are not statistically related to entrepreneurial intention. On the other hand, the altruistic tendency was found to have a negative correlation with entrepreneurial intention. The results of this study can provide meaningful implications for both private sector investors and government policy makers.
Keywords
Entrepreneurship; Entrepreneurial Intention; Need for Achievement; Locus of Control; Risk-taking Propensity; Autonomy; Altruism;
Citations & Related Records
Times Cited By KSCI : 7  (Citation Analysis)
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