Open AccessEntrepreneurial intentions amongst Master of Business students in efficiency-driven economies: South Africa and Poland
Author(s) -
Cecile Nieuwenhuizen
Publication year - 2019
Publication title -
southern african business review
Language(s) - English
Resource type - Journals
ISSN - 1998-8125
DOI - 10.25159/1998-8125/6054
Subject(s) - structural equation modeling , confirmatory factor analysis , psychology , latent variable , competence (human resources) , exploratory factor analysis , valuation (finance) , social psychology , economics , statistics , mathematics , accounting
The purpose of this research was to determine the relevance of the constructs of the Liñán and Chen (2009) Entrepreneurial Intention Questionnaire for Master of Business students in two efficiency-driven economies, and to test the empirical validity of an entrepreneurial intention model. After the number of factors and the related items of each had been determined by exploratory factor analysis (EFA), a confirmatory factor analysis (CFA) was conducted to verify the factor structure and to enable testing of the hypotheses regarding the existence of relationships between observed variables and their underlying latent constructs. The CFA confirmed the entrepreneurial intention (EI), personal attitude (PA), perceived behavioural control (PBC), entrepreneurial self-efficacy (ESE), social valuation (SV), closer valuation (CV) and entrepreneurial Competence (EC) variables as a preliminary step for the structural equation model (SEM) analysis. The comparative fi t index and the root means square error of approximation (RMSEA) indicated that the proposed model had an acceptable fi t. The model parameters of all the components of the model were then determined to test the hypotheses relating to the model. Significant relationships between personal attitude and entrepreneurial intention and perceived behavioural control and entrepreneurial intention were proven. No other significant relationships between variables were identified.