From macroeconomics to entrepreneurial intention formation in Kenya : a two folded perspective of macro- and behavioral economics
Autor(a) principal: | |
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Data de Publicação: | 2023 |
Tipo de documento: | Dissertação |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10400.14/42129 |
Resumo: | This paper presents a two folded perspective of macro and behavioural economics on entrepreneurial activities in developing countries. First, it will examine the macroeconomic perspective and explore the impact of entrepreneurship in developing countries. Second, it will present an empirical analysis from a behavioural economics perspective that investigates the individual factors influencing entrepreneurial intentions. The results indicate a positive correlation between entrepreneurship and socio-economic development. However, the review reveals that there is a significant research gap between developed and developing countries, and further studies are necessary to fully comprehend this relationship. For the empirical part of the dissertation, structural equation modeling was employed to understand the relationship between entrepreneurial culture, entrepreneurial education, and entrepreneurial intention. The study involved 235 university students who had taken at least one entrepreneurship course. The data was collected through a questionnaire that operationalized the constructs evaluated by the model. Hereby, the construct used were based on well-established items from earlier research to ensure the psychometric qualities of the instruments. The findings reveal that entrepreneurial culture has a direct impact on entrepreneurial intention, while entrepreneurial education does not show a significant influence. However, entrepreneurial mindset mediates both relationships, explaining an indirect effect of entrepreneurial culture and entrepreneurial education. Finally, by combining both fields of research, recommendations for future research in this area are presented. It consolidates the main contributions of the thesis by reflecting on the previous work and examining the limitations that hinder the ability to draw inferences from the two studies. Recommendations for future researchers to bridge the research gap and gain a more comprehensive understanding of the relationship between macro- and behavioural economics is provided. |
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From macroeconomics to entrepreneurial intention formation in Kenya : a two folded perspective of macro- and behavioral economicsSocio-economic developmentDeveloping countriesEntrepreneurshipEntrepreneurial cultureEntrepreneurial educationEntrepreneurial mindsetEntrepreneurial intentionDesenvolvimento socioeconómicoPaíses em desenvolvimentoEmpreendedorismoCultura empreendedoraEducação empreendedoraMentalidade (mindset) empreendedoraIntenção empreendedoraDomínio/Área Científica::Ciências Sociais::PsicologiaThis paper presents a two folded perspective of macro and behavioural economics on entrepreneurial activities in developing countries. First, it will examine the macroeconomic perspective and explore the impact of entrepreneurship in developing countries. Second, it will present an empirical analysis from a behavioural economics perspective that investigates the individual factors influencing entrepreneurial intentions. The results indicate a positive correlation between entrepreneurship and socio-economic development. However, the review reveals that there is a significant research gap between developed and developing countries, and further studies are necessary to fully comprehend this relationship. For the empirical part of the dissertation, structural equation modeling was employed to understand the relationship between entrepreneurial culture, entrepreneurial education, and entrepreneurial intention. The study involved 235 university students who had taken at least one entrepreneurship course. The data was collected through a questionnaire that operationalized the constructs evaluated by the model. Hereby, the construct used were based on well-established items from earlier research to ensure the psychometric qualities of the instruments. The findings reveal that entrepreneurial culture has a direct impact on entrepreneurial intention, while entrepreneurial education does not show a significant influence. However, entrepreneurial mindset mediates both relationships, explaining an indirect effect of entrepreneurial culture and entrepreneurial education. Finally, by combining both fields of research, recommendations for future research in this area are presented. It consolidates the main contributions of the thesis by reflecting on the previous work and examining the limitations that hinder the ability to draw inferences from the two studies. Recommendations for future researchers to bridge the research gap and gain a more comprehensive understanding of the relationship between macro- and behavioural economics is provided.A presente investigação incide sobre a atividade empreendedora em países em desenvolvimento, adotando uma dupla perspetiva, macroeconómica e comportamental. Primeiramente, examinará a perspetiva macroeconómica e explorará o impacto do empreendedorismo nos países em desenvolvimento. Seguidamente, apresentará uma análise empírica da perspetiva da economia comportamental que investiga os fatores individuais que influenciam as intenções empreendedoras. No entanto, a revisão de literatura revela que há uma lacuna significativa de investigações entre países desenvolvidos e em desenvolvimento, mais estudos são necessários para uma compreensão mais abrangente dessa relação. Na parte empírica da investigação foi utilizado o modelo de equações estruturais para analisar a relação entre cultura empreendedora, educação empreendedora e intenção empreendedora. Participaram no estudo 235 estudantes universitários que tinham feito pelo menos um curso de empreendedorismo. Os dados foram recolhidos por questionário que operacionalizou os construtos avaliados pelo modelo. Foram utilizados itens bem estabelecidos provenientes de investigações anteriores para garantir as qualidades psicométricas dos instrumentos. Os resultados revelam que a cultura empreendedora tem impacto direto na intenção empreendedora, enquanto a educação empreendedora não apresenta influência significativa. No entanto, a mentalidade (mindset) empreendedora media ambas as relações, explicando um efeito indireto da cultura empreendedora e da educação empreendedora. Finalmente, combinando as duas áreas científicas, são apresentadas recomendações para futuras investigações, consolidando as principais contribuições da tese, refletindo sobre o trabalho anterior e examinando as limitações que impedem a capacidade de tirar inferências dos dois estudos. São fornecidas recomendações estudos futuros de forma a preencher a lacuna da investigação e obter uma compreensão mais abrangente da relação entre economia macro e comportamental.Almeida, Maria Leonor Maciel dos SantosVeritati - Repositório Institucional da Universidade Católica PortuguesaKnief, Jorrit Miles2023-09-05T09:24:59Z2023-06-212023-052023-06-21T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfhttp://hdl.handle.net/10400.14/42129TID:203345088enginfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-09-12T01:39:21Zoai:repositorio.ucp.pt:10400.14/42129Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T20:28:53.066503Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
From macroeconomics to entrepreneurial intention formation in Kenya : a two folded perspective of macro- and behavioral economics |
title |
From macroeconomics to entrepreneurial intention formation in Kenya : a two folded perspective of macro- and behavioral economics |
spellingShingle |
From macroeconomics to entrepreneurial intention formation in Kenya : a two folded perspective of macro- and behavioral economics Knief, Jorrit Miles Socio-economic development Developing countries Entrepreneurship Entrepreneurial culture Entrepreneurial education Entrepreneurial mindset Entrepreneurial intention Desenvolvimento socioeconómico Países em desenvolvimento Empreendedorismo Cultura empreendedora Educação empreendedora Mentalidade (mindset) empreendedora Intenção empreendedora Domínio/Área Científica::Ciências Sociais::Psicologia |
title_short |
From macroeconomics to entrepreneurial intention formation in Kenya : a two folded perspective of macro- and behavioral economics |
title_full |
From macroeconomics to entrepreneurial intention formation in Kenya : a two folded perspective of macro- and behavioral economics |
title_fullStr |
From macroeconomics to entrepreneurial intention formation in Kenya : a two folded perspective of macro- and behavioral economics |
title_full_unstemmed |
From macroeconomics to entrepreneurial intention formation in Kenya : a two folded perspective of macro- and behavioral economics |
title_sort |
From macroeconomics to entrepreneurial intention formation in Kenya : a two folded perspective of macro- and behavioral economics |
author |
Knief, Jorrit Miles |
author_facet |
Knief, Jorrit Miles |
author_role |
author |
dc.contributor.none.fl_str_mv |
Almeida, Maria Leonor Maciel dos Santos Veritati - Repositório Institucional da Universidade Católica Portuguesa |
dc.contributor.author.fl_str_mv |
Knief, Jorrit Miles |
dc.subject.por.fl_str_mv |
Socio-economic development Developing countries Entrepreneurship Entrepreneurial culture Entrepreneurial education Entrepreneurial mindset Entrepreneurial intention Desenvolvimento socioeconómico Países em desenvolvimento Empreendedorismo Cultura empreendedora Educação empreendedora Mentalidade (mindset) empreendedora Intenção empreendedora Domínio/Área Científica::Ciências Sociais::Psicologia |
topic |
Socio-economic development Developing countries Entrepreneurship Entrepreneurial culture Entrepreneurial education Entrepreneurial mindset Entrepreneurial intention Desenvolvimento socioeconómico Países em desenvolvimento Empreendedorismo Cultura empreendedora Educação empreendedora Mentalidade (mindset) empreendedora Intenção empreendedora Domínio/Área Científica::Ciências Sociais::Psicologia |
description |
This paper presents a two folded perspective of macro and behavioural economics on entrepreneurial activities in developing countries. First, it will examine the macroeconomic perspective and explore the impact of entrepreneurship in developing countries. Second, it will present an empirical analysis from a behavioural economics perspective that investigates the individual factors influencing entrepreneurial intentions. The results indicate a positive correlation between entrepreneurship and socio-economic development. However, the review reveals that there is a significant research gap between developed and developing countries, and further studies are necessary to fully comprehend this relationship. For the empirical part of the dissertation, structural equation modeling was employed to understand the relationship between entrepreneurial culture, entrepreneurial education, and entrepreneurial intention. The study involved 235 university students who had taken at least one entrepreneurship course. The data was collected through a questionnaire that operationalized the constructs evaluated by the model. Hereby, the construct used were based on well-established items from earlier research to ensure the psychometric qualities of the instruments. The findings reveal that entrepreneurial culture has a direct impact on entrepreneurial intention, while entrepreneurial education does not show a significant influence. However, entrepreneurial mindset mediates both relationships, explaining an indirect effect of entrepreneurial culture and entrepreneurial education. Finally, by combining both fields of research, recommendations for future research in this area are presented. It consolidates the main contributions of the thesis by reflecting on the previous work and examining the limitations that hinder the ability to draw inferences from the two studies. Recommendations for future researchers to bridge the research gap and gain a more comprehensive understanding of the relationship between macro- and behavioural economics is provided. |
publishDate |
2023 |
dc.date.none.fl_str_mv |
2023-09-05T09:24:59Z 2023-06-21 2023-05 2023-06-21T00:00:00Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/masterThesis |
format |
masterThesis |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10400.14/42129 TID:203345088 |
url |
http://hdl.handle.net/10400.14/42129 |
identifier_str_mv |
TID:203345088 |
dc.language.iso.fl_str_mv |
eng |
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eng |
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openAccess |
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application/pdf |
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Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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