The Factors Affecting Entrepreneurial Intention With Self Confidence as a Moderator - Based on Elderly People as an Example
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Autores: Tran Thi Ngat
, Le Thi Kim Tuyet
- Localización: International Journal of Professional Business Review: Int. J. Prof.Bus. Rev., ISSN 2525-3654, ISSN-e 2525-3654, Vol. 8, Nº. 6, 2023 (Ejemplar dedicado a: Continuous publication; e01278)
- Idioma: inglés
- Enlaces
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Resumen
Purpose: This study aims to determine the factors affecting the entrepreneurial intention of young people in Vietnam, thereby assessing the level of these influencing factors to propose solutions and entrepreneurship orientations effectively in the future.
Theoretical framework: After synthesizing previous studies, the study has found some studies that mention the impact on the entrepreneurial intention of students and young people while finding a research gap that has not been studied on this issue among elderly people. Therefore, the authors proposed a research model with factors as follows: Family support, government policy, self-confidence, and capital, which affect entrepreneurial intention.
Design/methodology/approach: This study uses SPSS software to test the hypothesis by linear regression method and to test the research hypothesis with survey samples conducted in 5 months 1310 votes were collected, including 972 valid votes. The age of survey participants is between 45 and 65 years old..
Findings: The results show that the capital factor does not affect the entrepreneurial intention while the entrepreneurial experience factor has the strongest impact on the start-up intention. Next, it is support from the government and support from family. Finally, it is self-confidence. That proves that capital is not an essential issue for elderly people because they have already accumulated capital before. Whereas, the experience factor refers to a long process of working. The longer they work, the more experienced they get, thereby increasing their ability to be confident and successful in doing business in their old age.
Research, Practical & Social implications: The proposal of this study will be an important reference for start-ups and related government agencies. It aims to promote breakthrough business ideas and exploit the essence of experienced people who have retired. This object needs special attention to develop the country's economy sustainably.
Originality/value: Identified a research gap from previous studies there are no studies into the object of elderly people. The research results have been through a methodical and professional data acquisition process in two forms, such as quantitative and qualitative methods, thereby proposing research models. The research results are to find out the difference with the previous topics. Also, it is proposed to be an important reference for agencies and organizations related to start-up activities in Vietnam.
