1 School of Applied Psychology, University of Applied Sciences Northwestern Switzerland (FHNW)
2 Faculity of Psychology, University of Basel, Switzerland
3 Department of Social Sciences, University of Basel, Switzerland
Previous intention-based research has not considered whether participants are in the motivational or in the actional phase. In turn, this creates a gap of knowledge concerning the cognitive and motivational processes involved in the formation of Entrepreneurial Intention (EI). By applying the Theory of Planned Behavior (TPB), the present study addresses the formation of EI to commercialize research knowledge, focusing on the transition from motivation to implementation in the context of academia.
Drawing on cross-sectional data of 490 researchers, segmented regression analysis were conducted to analyze the influence of entrepreneurial engagement on EI-growth. Multi-group Structural Equalization Modeling (SEM) was then used to test the moderation effects of engagement on the relationship between motivational factors and entrepreneurial intention.
Results and Discussion:
The analysis revealed a direct influence of engagement on EI, as well as a threshold of EI-growth per the context of a Rubicon crossing after the initiation of the first gestation action. Our data also show a growing influence of endogenous factors (e.g., attitudes and perceived behavior control) on EI during the venture creation process. The second part of the study contributes by testing the effects of entrepreneurial rewards on TPB-antecedents moderated by engagement.
Until today, research mostly relied on cross-sectional data to predict and measure the strength of EI in the phase preceding the launch of a new business without considering whether participants are in the motivational or in the actional phase. Our finding highlights the need to shift from focusing entrepreneurship research solely on intentions to now including the process and implementation perspective.
Keywords: Entrepreneurial intention, Academic entrepreneurship, Institutional framework, Theory of planned behavior, Mindset theory of action phases, Implementation perspective.
open-access license: This is an open access article distributed under the terms of the Creative Commons Attribution 4.0 International Public License (CC-BY 4.0), a copy of which is available at: https://creativecommons.org/licenses/by/4.0/legalcode. This license permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
* Address correspondence to this author at the University of Basel; Faculty of Psychology Missionsstrasse 62a; 4055 Basel; Switzerland; E-mail: Richard.Blaese@unibas.ch