TY - JOUR
T1 - Impact of institutional environment on entrepreneurial intention
T2 - The moderating role of entrepreneurship education
AU - Zhuang, Jiahao
AU - Sun, Hongyi
PY - 2023/11
Y1 - 2023/11
N2 - Entrepreneurship has been seen as a tool to boost economic growth, innovation, and job creation. While recent studies have investigated the indirect impact of the institutional environment on entrepreneurial intention (EI), few focused on the mediating role of opportunity recognition (OR). Moreover, the moderating role of entrepreneurship education (EE) on institutional environment and OR has remained unclear. Therefore, this study aims to investigate the impact of the institutional environment on EI with a moderated mediation model. Based on the data of 601 youths aged 18 to 40, we adopted PLS-SEM analysis and found that the regulatory environment (RE) and cognitive environment (CE) can indirectly influence EI through OR. However, we do not find the moderating effects of EE on the relationships between the institutional environment, OR, and EI. This study contributes theoretically to the entrepreneurship literature about institutional theory by providing evidence on the mediating role of OR in Hong Kong and expanding previous studies by testing the moderating role of EE. In addition, this study provides practical recommendations for educators and government. © 2023 Elsevier Ltd. All rights reserved.
AB - Entrepreneurship has been seen as a tool to boost economic growth, innovation, and job creation. While recent studies have investigated the indirect impact of the institutional environment on entrepreneurial intention (EI), few focused on the mediating role of opportunity recognition (OR). Moreover, the moderating role of entrepreneurship education (EE) on institutional environment and OR has remained unclear. Therefore, this study aims to investigate the impact of the institutional environment on EI with a moderated mediation model. Based on the data of 601 youths aged 18 to 40, we adopted PLS-SEM analysis and found that the regulatory environment (RE) and cognitive environment (CE) can indirectly influence EI through OR. However, we do not find the moderating effects of EE on the relationships between the institutional environment, OR, and EI. This study contributes theoretically to the entrepreneurship literature about institutional theory by providing evidence on the mediating role of OR in Hong Kong and expanding previous studies by testing the moderating role of EE. In addition, this study provides practical recommendations for educators and government. © 2023 Elsevier Ltd. All rights reserved.
KW - Entrepreneurial intention
KW - Entrepreneurship education
KW - Hong Kong
KW - Institutional environment
KW - Opportunity recognition
UR - http://www.scopus.com/inward/record.url?scp=85167834455&partnerID=8YFLogxK
UR - https://www.scopus.com/record/pubmetrics.uri?eid=2-s2.0-85167834455&origin=recordpage
U2 - 10.1016/j.ijme.2023.100863
DO - 10.1016/j.ijme.2023.100863
M3 - RGC 21 - Publication in refereed journal
SN - 1472-8117
VL - 21
JO - International Journal of Management Education
JF - International Journal of Management Education
IS - 3
M1 - 100863
ER -