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Perceived access to finance, entrepreneurial self-efficacy, attitude toward entrepreneurship, entrepreneurial ability and entrepreneurial intentions: a Botswana youth perspective

Perceived access to finance, entrepreneurial self-efficacy, attitude toward entrepreneurship, entrepreneurial ability and entrepreneurial intentions: a Botswana youth perspective

Svotwa, Tendai Douglas, Jaiyeoba, Olumide, Roberts-Lombard, Mornay and Makanyeza, Charles (2022) Perceived access to finance, entrepreneurial self-efficacy, attitude toward entrepreneurship, entrepreneurial ability and entrepreneurial intentions: a Botswana youth perspective. SAGE Open, 12 (2). pp. 1-18. ISSN 2158-2440 (Online) (doi:10.1177/21582440221096437)

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Abstract

Governments in emerging markets in Africa need to focus more on the factors that drive the entrepreneurial ability of the youth on the continent. This approach is required to lower unemployment levels through self-employment and stimulating entrepreneurial intentions among graduates. Considering this, the research aimed to determine the factors influencing youth entrepreneurial ability and their effect on entrepreneurial intentions. Data were collected through a cross-sectional survey from 347 youths enrolled at five universities in Botswana and analyzed through structural equation modeling to test the formulated hypotheses. The results established that perceived access to finance, entrepreneurial self-efficacy, and attitude toward entrepreneurship positively influence entrepreneurial ability. In addition, entrepreneurial ability was found to positively affect entrepreneurial intentions. Therefore, it is important for universities in developing markets like Botswana to stimulate entrepreneurial thinking through curriculum development and establishing a positive mindset that will stimulate the development of goals and the understanding that failure is not always a negative outcome or characteristic.

Item Type: Article
Uncontrolled Keywords: attitude toward entrepreneurship; entrepreneurial ability; entrepreneurial intentions; entrepreneurial self-efficacy; perceived access to finance
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HG Finance
Faculty / School / Research Centre / Research Group: Faculty of Business
Greenwich Business School > Political Economy, Governance, Finance and Accountability (PEGFA)
Last Modified: 02 Dec 2024 16:08
URI: http://gala.gre.ac.uk/id/eprint/47008

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