Entrepreneurship environments and entrepreneurial intention- the role of self efficacy and role model

Abstract

This empirical study investigates the relationship between entrepreneurship environments and entrepreneurial intention, contributing to the academic literature on entrepreneurial intentions in emerging economies. It specifically examines the mediating effect of entrepreneurship self-efficacy beliefs and the moderating effect of role models on these relationships. Data were collected through a questionnaire survey of 592 undergraduate students from 11 universities and colleges in Vietnam. Structural equation modeling analysis was employed to test hypotheses. The results indicate that while perceived supportive entrepreneurship environments and entrepreneurship university environments did not have direct significant impacts on entrepreneurial intention, their indirect effects were significant, mediated by entrepreneurial self-efficacy. Furthermore, prior exposure to business role models strengthened the associations between environments and entrepreneurial intention. This research offers empirical insights and suggests practical implications for fostering entrepreneurship in both practitioners and scholars in developing countries.