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http://dx.doi.org/10.14400/JDC.2020.18.10.041

The Effect of Baby Boomer's Self-Efficacy, Social Capital, and Economic Preparation on Entrepreneurial Intention  

Lee, Jong-Ryul (Dept. of Information Management, Graduate School of Venture, Hoseo University)
Heo, Chul-Moo (Dept. of Information Management, Graduate School of Venture, Hoseo University)
Publication Information
Journal of Digital Convergence / v.18, no.10, 2020 , pp. 41-50 More about this Journal
Abstract
This study is about entrepreneurial intention of baby boomers who started retirement, starting with the second phase of life. A research model was constructed focusing on factors that will affect the entrepreneurial intention of baby boomers. In order to test the study model, a questionnaire was surveyed on baby boomers, and among them, 204 people, which was valid, was used for analysis. The hypothesis test was a structural equation model using the AMOS 23 statistical package. As a result of the hypothesis test, self-efficacy and social capital had a positive (+) relationship with entrepreneurial intention. Economic preparation was found to have a significant negative (-) relationship with entrepreneurial intention. Social capital was found to have the most influence on baby boomers' entrepreneurial intention. On the other hand, achievement experience and role model learning experience were the antecedent variables affecting self-efficacy. As a result of testing their relationship, achievement experience and role model learning experience had a significant positive (+) influence on self-efficacy. Based on the research results, academic and practical implications were presented.
Keywords
Baby Boomer; Entrepreneurial Intention; Self Efficacy; Social Capital; Economic Preparation;
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Times Cited By KSCI : 8  (Citation Analysis)
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