THE ROLE OF LOCUST OF CONTROL ON THE START-UP INTENTION OF HIGHER INSTITUTION STUDENTS IN NIGERIA
1,262 marked this research material reliable.
Call or whatsapp: +2347063298784 or email: info@allprojectmaterials.com
THE ROLE OF LOCUST OF CONTROL ON THE START-UP INTENTION OF HIGHER INSTITUTION STUDENTS IN NIGERIA
THE ROLE OF LOCUST OF CONTROL ON THE START-UP INTENTION OF HIGHER INSTITUTION STUDENTS IN NIGERIA 2.1 UNDERSTANDING ENTREPRENEURIAL INTENTION
The previous research has
investigated the various economic and psychological motivations of
individuals to seek self-employment (Banmol, 1990, Eisenhover, 1995,
Douglas and Shepherd, 2000). The motivation to engage in entrepreneurial
behaviour has generally been investigated in terms of entrepreneurial
intentions, with intention conceptualized as being a function of
beliefs that in turn can lead to subsequent behaviour. In general, the
greater the intention, the stronger is the motivation to engage in
entrepreneurial behaviour (Ajzen 1991).
Numbers of models have been proposed to explain the relationship
between an individual’s personal characteristics and subsequent
intention (for example, Shapero 1982, Ajzen 1987, Bird, 1988). Ajzen’s
theory of planned behaviour (1991) suggests three keys attitude that
predict intentions, these being attitudes towards the act, social norms
and perceived behavioural control. Krueger and Brazeal (1994) suggest
that the perceived behavioural control construct overlaps with the
self-efficacy construct of Bandura (1986) and outlined a model of
potential entrepreneurship that incorporated entrepreneurial
intentions, Basing their model on Ajzen’s theory of planned behaviour
and shapero’s model’s of entrepreneurial event (Shapero, 1982). Their
model included potential for both enterprise development and corporate
ventures and was compressed of three constructs beings :
- Perceived desirability
- Perceived feasibility
- Propensity to act.
The perceived desirability was seen to be related to intrinsic
rewards associated with entrepreneurship and includes the attitude
towards the act and social norms. (Kreuger and Brazeal (1994). Perceived
desirability is related to the motivational factors to engage in
entrepreneurial behaviour and can therefore be considered a function of
entrepreneurial attitude held by the individuals. Perceived feasibility
on the other hands, is related to individual perceptions of their
ability to implement the required behaviour Krueger (1993), cites
persuasive evidence, that perceived credibility, perceived
desirability and prosperity to act explain over half the variance in
intentions towards entrepreneurship, with feasibility perceptions being
the most influential’s.
An alternative model of entrepreneurial intentions was proposed by
Bird (1988). Based on established theory in cognitive psychology, the
model suggest that an individuals entrepreneurial intentions is based
on a combination of personal contextual factors, personal factors
includes prior experience as an entrepreneur, personal characteristics
and abilities while contextual factors consists of social, political
and economic variables.
An individual’s intention is further structured by both rational
and analytic thinking (goal-directed behaviour and intuitive or
holistic thinking (vision). Boyd and Vozikis (1994) expand on this
model to incorporate the perceived behaviourial control aspect of
Ajzen’s theory of planned behaviour through the inclusion of the
concept of self-efficacy.
Perceived behaviourial control describes the perceived ease or
difficulty of performing behaviour and as pointed out by Ajzen’s (1991)
is closely related to the concept of self-efficacy. They also proposed
self-efficacy as an important explanatory variable in determining the
strength entrepreneurial intentions and the likelihood that those
intentions will result in entrepreneurial actions.
The reversed model of Boyd and Vozikis (1994) based on Bird’s
(1998) model suggest that intentions are a function of self efficacy in
addition to attitudes and perceptions regarding the creation of a new
venture through rational and intuitive thought processes.
2.2 LOCUS OF CONTROL AND ENTREPRENEURIAL INTENTION
Locus of control is the degree in which the individual believes
that the reinforcements are dependent on his behaviour. This individual
believes that the accomplishment of goal or purpose depends on his own
ability and actions rather than luck or other people’s efforts (Kuip
and verheul, 2003).
The empirical evidence shows that small business entrepreneurs are
more oriented at the internal level than population in general (Ket
Vries, 1977, Begley and Boyd, 1987, Beverland and Lockshin 2001).
Brockhaus (1980) longitudinal study suggests the existence of a
positive correlation between orientation to locus of control and
entrepreneurial success.
In another study Brockhaus and Horwitz (1986) reinforce that locus
of control could distinguish entrepreneurs who are successful from
those who are unsuccessful. Robinson et al (1991) state that internal
control leads to a positive entrepreneurial attitude and most students
who receive entrepreneurial formation may develop a higher level of
control and self-efficiency.
This article is extracted from review of literature. Order for complete project materials.
2.3 RISK TAKING AND ENTREPRENEURIAL INTENTIONS
This variable refers to
risk acceptance when entering an activity, that is, it is related to
the probability of an activity having less than 100% success (Kuip and
Verheul, 2003). Even if risk-taking is often mentioned as a determinant
of entrepreneurial intention, several empirical studies suggest that
small business entrepreneurs do not have positive attitude towards risk
and they do not consider themselves as risk takers, (Baron, 1998) nor
do they seen to differ from other groups, in more objectives test on
risk taking (Brockhaus), (1980) . according to Mc Clelland (1961) and
Bellu (1988) Entrepreneurs seem slightly less attracted to take risks
in situations known as pure shift games.
Entrepreneur risk taking may be specific or monetary. Davidsson
(1989) asserts that if the aspirations are sufficient accomplished. The
Entrepreneurs may simply stop taking risks. However, risk taking and
acceptance of uncertainty is something that can be slowly modified if
desired.
Thus, it is still not clear in literature if there is a
relationship between risk-taking propensity and Entrepreneurial
intention neither the nature of such relationship.
2.4 SELF-CONFIDENCE AND ENTREPRENEURIAL INTENTION
The high level of self confidence has been suggested by many studies as an entrepreneur’s standard characteristic.
In reality, this characteristic emerges constantly in a
compilation of empirical studies states by Davidsson (1989). Ho and Kol
(1992) refers that self confidence is an entrepreneurial
characteristic and that it is relate to other psychological
characteristics, such as Locus of control, propensity to take risk and
Tolerance of ambignity. Robinson et al, (1991) have found entrepreneur
to have a higher degree to self-confidence relative to
non-entrepreneurs.
THE ROLE OF LOCUST OF CONTROL ON THE START-UP INTENTION OF HIGHER INSTITUTION STUDENTS IN NIGERIA
Additional Information
- The Project Material is available for download.
- The Research material is delivered within 15-30 Minutes.
- The Material is complete from Preliminary Pages to References.
- Well Researched and Approved for supervision.
- Click the download button below to get the complete project material.
Frequently Asked Questions
In-order to give you the best service available online, we have compiled frequently asked questions (FAQ) from our clients so as to answer them and make your visit much more interesting.
We are proudly Nigerians, and we are well aware of fraudulent activities that has been ongoing in the internet. To make it well known to our customers, we are geniune and duely registered with the Corporate Affairs Commission of the republic of Nigeria. Remember, Fraudulent sites can NEVER post bank accounts or contact address which contains personal information. Free chapter One is always given on the site to prove to you that we have the material. If you are unable to view the free chapter 1 send an email to
info@researchcub.info with the subject head "FREE CHAPTER 1' plus the topic. You will get a free chapter 1 within an hour. You can also
check out what our happy clients have to say.
Students are always advised to use our materials as guide. However, if you have a different case study, you may need to consult one of our professional writers to help you with that. Depending on similarity of the organization/industry you may modify if you wish.
We have professional writers in various disciplines. If you have a fresh topic, just click
Hire a Writer or click here to fill the form and one of our writers will contact you shortly.
Yes it is a complete research project. We ensure that our client receives complete project materials which includes chapters 1-5, full references, questionnaires/secondary data, etc.
Depending on how fast your request is acknowledged by us, you will get the complete project material withing 15-30 minutes. However, on a very good day you can still get it within 5 minutes!
What Clients Say
Our Researchers are happy, see what they are saying. Share your own experience with the world.
Be polite and honest, as we seek to expand our business and reach more people. Thank you.
Patrick
Student
All Project Materials is a website I recommend to all student and researchers within and outside the country. The web owners are doing great job and I appreciate them for that. Once again welldone.
Keneth
Student
Thank you for everything you have done so far; my communication with you, both by e-mail and whatsapp, has been the only positive point about the whole experience - you have been reliable and courteous in my research work and I sincerely appreciate that.
Mike Olan
Student
You are well rated. Thank you for your being prompt and activeness.
Adedayo
Student
I have been using you people for some time and I can say that you are good because you give me what I want, you don't disappoint. You guys to keep to the standard. You are highly recommended to serve more Researchers.
Ndubuisi
Student
I love all project materials / researchcub.
There are good and wonderful. Nice Work!
People also search for:
the role of locust of control on the start-up intention of higher institution students in nigeria , role, locust, control project topics, researchcub.info, project topic, list of project topics, project topics and materials, research project topics, covid-19 project materials, all project topics, journals, books, Academic writer, education project topics.
A Research proposal for the role of locust of control on the start-up intention of higher institution students in nigeria :
Reviews: A Review on the role of locust of control on the start-up intention of higher institution students in nigeria , role, locust, control project topics, researchcub.info, project topic, list of project topics, research project topics, journals, books, Academic writer.
This variable refers to risk acceptance when entering an activity, that is, it is related to the probability of an activity having less than 100% success (Kuip and Verheul, 2003). Even if risk-taking is often mentioned as a determinant of entrepreneurial intention, several empirical studies suggest that small business entrepreneurs do not have positive attitude towards risk and they do not consider themselves as risk takers, (Baron, 1998) nor do they seen to differ from other groups, in more objectives test on risk taking (Brockhaus), (1980) . according to Mc Clelland (1961) and Bellu (1988) Entrepreneurs seem slightly less attracted to take risks in situations known as pure shift games... education project topics
THE ROLE OF LOCUST OF CONTROL ON THE START-UP INTENTION OF HIGHER INSTITUTION STUDENTS IN NIGERIA