Open Journal of Business and Management

Volume 10, Issue 3 (May 2022)

ISSN Print: 2329-3284   ISSN Online: 2329-3292

Google-based Impact Factor: 1.13  Citations  

The Intentionality-Based View of Company Employees’ Entrepreneurial Motivation and Institutional Environment

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DOI: 10.4236/ojbm.2022.103076    135 Downloads   695 Views  

ABSTRACT

Due to the increasing inequality in labor relations driven by capitalism-based economic institutions, the transition from employment to self-employment has become a growing phenomenon. Nevertheless, little work has delved into the determinants of company employees’ entrepreneurial intentions. Using Smart PLS to test empirical data of company workers collected in Indonesia, this paper maps the structural relationship between institutional environments and company employees’ entrepreneurial intentions by investigating the mediating effects of perceived desirability and feasibility. More importantly, our moderated mediation model reveals the pivotal roles of education, entrepreneurial experience, and subjective norm. According to the findings, the institutional environment is critical in company employees’ perceived desirability and feasibility for entrepreneurial intention, except for regulatory support and normative approval. Education will weaken the relationship between regulatory support and perceived desirability, and on the contrary, the entrepreneurial experience will undermine the relationship between regulatory support and perceived feasibility. Also, the subjective norm will strengthen the relationship between perceived desirability and entrepreneurial intention. The article contributes to the literature on intentionality-based entrepreneurship in emerging markets and may serve as a model for future career research.

Share and Cite:

Lembana, D. (2022) The Intentionality-Based View of Company Employees’ Entrepreneurial Motivation and Institutional Environment. Open Journal of Business and Management, 10, 1436-1453. doi: 10.4236/ojbm.2022.103076.

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