Impact of institutional environment on social entrepreneurial intentions
Scholars have recognized the need for further research to explore the role of institutional factors in social entrepreneurship (SE) within emerging markets (Urban and Kujinga, 2017). In response, this study investigates how the institutional environment influences the antecedents of social entrepren...
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| Format: | Article |
| Language: | English |
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Elsevier
2023-09-01
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| Series: | Journal of Open Innovation: Technology, Market and Complexity |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2199853123002226 |
| _version_ | 1827584864069615616 |
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| author | Duc Tho Bui Trong Nghia Vu Thi Van Hoa Tran Cong Doanh Duong Thi Loan Le |
| author_facet | Duc Tho Bui Trong Nghia Vu Thi Van Hoa Tran Cong Doanh Duong Thi Loan Le |
| author_sort | Duc Tho Bui |
| collection | DOAJ |
| description | Scholars have recognized the need for further research to explore the role of institutional factors in social entrepreneurship (SE) within emerging markets (Urban and Kujinga, 2017). In response, this study investigates how the institutional environment influences the antecedents of social entrepreneurial intention (SEI) in Vietnam by expanding the SEI model of Mair and Noboa (2006). Drawing data from 401 university students in Vietnam, this study employed Structural Equation Modeling (SEM) to examine the research hypotheses and model. The results reveal that social entrepreneurial self-efficacy (SES) and perceived social support (PSS) significantly and positively influence the intention to become a social entrepreneur, while empathy (EMP) and moral obligation (MO) show no effect. Furthermore, the institutional environment, comprising the regulatory dimension (RD), normative dimension (ND), and cognitive dimension (CD), plays a crucial role in boosting EMP, MO, SES, and PSS. This study contributes to SE literature by extending established intention models with the inclusion of institutional dimensions. Additionally, the findings of this study imply that policymakers should design SE-supportive policies and regulations, and create a culture that values and promotes SE in order to encourage social innovation and reduce barriers to entry for social ventures. Educators should also increase opportunities for students to experience SE and develop entrepreneurial skills in order to enhance their perception of cognitive and normative environments, making SE a more attractive career option. |
| first_indexed | 2024-03-08T23:38:26Z |
| format | Article |
| id | doaj.art-1dadaa7a87e8472ca97f77938e843374 |
| institution | Directory Open Access Journal |
| issn | 2199-8531 |
| language | English |
| last_indexed | 2024-03-08T23:38:26Z |
| publishDate | 2023-09-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Journal of Open Innovation: Technology, Market and Complexity |
| spelling | doaj.art-1dadaa7a87e8472ca97f77938e8433742023-12-14T05:22:30ZengElsevierJournal of Open Innovation: Technology, Market and Complexity2199-85312023-09-0193100120Impact of institutional environment on social entrepreneurial intentionsDuc Tho Bui0Trong Nghia Vu1Thi Van Hoa Tran2Cong Doanh Duong3Thi Loan Le4National Economics University, 207 Giai Phong, Hai Ba Trung, Hanoi 10000, VietnamNational Economics University, 207 Giai Phong, Hai Ba Trung, Hanoi 10000, Vietnam; Corresponding author.National Economics University, 207 Giai Phong, Hai Ba Trung, Hanoi 10000, VietnamNational Economics University, 207 Giai Phong, Hai Ba Trung, Hanoi 10000, VietnamHanoi University of Science and Technology, 1 Dai Co Viet, Hai Ba Trung, Hanoi 10000, VietnamScholars have recognized the need for further research to explore the role of institutional factors in social entrepreneurship (SE) within emerging markets (Urban and Kujinga, 2017). In response, this study investigates how the institutional environment influences the antecedents of social entrepreneurial intention (SEI) in Vietnam by expanding the SEI model of Mair and Noboa (2006). Drawing data from 401 university students in Vietnam, this study employed Structural Equation Modeling (SEM) to examine the research hypotheses and model. The results reveal that social entrepreneurial self-efficacy (SES) and perceived social support (PSS) significantly and positively influence the intention to become a social entrepreneur, while empathy (EMP) and moral obligation (MO) show no effect. Furthermore, the institutional environment, comprising the regulatory dimension (RD), normative dimension (ND), and cognitive dimension (CD), plays a crucial role in boosting EMP, MO, SES, and PSS. This study contributes to SE literature by extending established intention models with the inclusion of institutional dimensions. Additionally, the findings of this study imply that policymakers should design SE-supportive policies and regulations, and create a culture that values and promotes SE in order to encourage social innovation and reduce barriers to entry for social ventures. Educators should also increase opportunities for students to experience SE and develop entrepreneurial skills in order to enhance their perception of cognitive and normative environments, making SE a more attractive career option.http://www.sciencedirect.com/science/article/pii/S2199853123002226Social entrepreneurial intentionInstitutional environmentSocial entrepreneurship |
| spellingShingle | Duc Tho Bui Trong Nghia Vu Thi Van Hoa Tran Cong Doanh Duong Thi Loan Le Impact of institutional environment on social entrepreneurial intentions Journal of Open Innovation: Technology, Market and Complexity Social entrepreneurial intention Institutional environment Social entrepreneurship |
| title | Impact of institutional environment on social entrepreneurial intentions |
| title_full | Impact of institutional environment on social entrepreneurial intentions |
| title_fullStr | Impact of institutional environment on social entrepreneurial intentions |
| title_full_unstemmed | Impact of institutional environment on social entrepreneurial intentions |
| title_short | Impact of institutional environment on social entrepreneurial intentions |
| title_sort | impact of institutional environment on social entrepreneurial intentions |
| topic | Social entrepreneurial intention Institutional environment Social entrepreneurship |
| url | http://www.sciencedirect.com/science/article/pii/S2199853123002226 |
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