A META-ANALYSIS ON THE RELATIONSHIP BETWEEN ENTREPRENEURIAL INTENTIONS AND ACTIONS
NICHOLAS CHEN YANHUA
NICHOLAS CHEN YANHUA
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Abstract
The increasing contribution of entrepreneurship to the growth of the economy for many countries has resulted in greater importance of encouraging and supporting entrepreneurship, and also greater research interest in what results in entrepreneurship. This study contributes to the entrepreneurial intentions literature by conducting a meta-analysis in an under researched and often contentious field, namely the relationship between entrepreneurial intentions and the subsequent translation into actions. Specifically, this paper seeks to find an overall result that measures the strength of this relationship. Additionally, this paper explores the potential moderators of the entrepreneurial intention and action relationship. The findings from this study serves to guide future research, by bringing to awareness what affects the relationship and why there have been varied and conflicting results. Discovering such moderators also has practical implications for policy makers, as it guides them to understanding the entrepreneurial process better.
A total of 46 effect sizes were collected from 42 independent studies. An overall effect size of r = .193 was obtained, and which was significantly different from past results such as Sheeran’s r = .53. Moderators were analysed using both subgroup analysis as well as meta-regression. Conceptual moderators such as new business formation and implementation intentions were found to be significant. Economic development was found to be moderately significant while methodological moderators such as intention scales used, and study design was found to be insignificant, but had directional effects on the main effect size. The use of beta coefficients as effect sizes was not found to be a moderator to the relationship.
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2015
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