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Thesis Defense

Entrepreneurial Intentions and Rule Breaking among Business Students
by

Coen de Heus

on 17 March 2011

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Transcript of Thesis Defense

Entrepreneurial Intentions and Rule Breaking among Business Students Master Thesis Defense: Coen de Heus Coach: Dr. Burmeister-Lamp
Co-reader: Mr. Reinders Folmer
17 March 2011 Entrepreneurial Intentions Rule Breaking Risk Propensity Conceptual Model Zhang & Arvey (2009): Rule Breaking in Adolescence and Entrepreneurial Status: An Empirical investigation. Journal of Business Venturing, 24(5), 436-447. Introduction Kuemmerle (2002)
Entrepreneurship a Test for the Fainthearted? Brenkert (2009)
Rule Breaking Morally Wrong, Ethically Right? Schumpeter (1934)
Creative Destruction Zhang and Arvey (2009)
Rule Breaking in Adolescence and Entrepreneurial Status Purpose To extend the knowledge on Rule Breaking and Entrepreneurship

Time gap in measurement

Focus on Rule Breaking and Entrepreneurial Intentions

Improve understanding of who? Methodology Entrepreneurial Intentions First Year students Business Administration (N=136) (Age M=18.77, SD=1.62) Risk in Ventures:
Responsibility over resources
(Carland et al. 1984)
Welfare of employees and family
Foregoing other opportunities
(Zhang & Arvey 2009) Entrepreneurs:
Not deterred by risk
(Janney & Dess 2006)
Persist in risky situations
(Mullins & Forlani 2005) Attraction - Selection - Attrition Model (Zhang & Arvey 2009) Constructive vs. Deviant
(Warren 2003)


Rule Break Repercussion Deviant Rule Breaking (Willis 1963) Anti Conformity:
Reject Society
Damage to some party

Severe Rule Breaking Independence:
Personal Stamp
Discomfort to society

Modest Rule Breaking Mixed results on relation Rule Breaking and Entrepreneurship
(Aidis & Van Praag 2007 vs. Zhang & Arvey 2009) Entrepreneurship is a planned action
(Krueger et al. 2000) Entrepreneurial Intention:
Desirable?
Feasible?
Willing to Act?
(Krueger et al. 2000) Intentions are unbiased predictor of action
(Bagozzi et al. 1989)

Replication shows predictor of Entrepreneurial Status
(Veciana et al. 2005, Souitaris et al. 2007) Online survey, available for over 1 month Scale focuses on time frame of behavior

Sooner should equal higher intention
(Krueger et al. 2000) Results & Findings Correlations Control Variables did not skew correlations

EI Soon = Intent to start within 5 years and/or upon completing study
Baron & Kenny (1986): For a mediator model to hold all correlations need to be significant

Preacher & Hayes (2004): Baron & Kenny (1986) susceptible to Beta error, which can be eliminated using Sobel's test appropriately Regressions Model did not significantly fit data Model including Severe Rule Breaking did not show significance Findings Risk and Entrepreneurial Intention not related in this test
not significant in Zhang & Arvey (2009) either

Moderate Rule Breaking predictive of Entreneurial Intention

Correlation Severe Rule Breaking EI Soon Implications Rule Breaking Zhang and Arvey's (2009) scale

15 Modest statements, 14 Severe

Measures frequency of behavior Risk Propensity Brown's (1970) set of Risk Dilemmas

Clear, easy, interesting

High conversion rate Rule breaking behavior Entrepreneurial Intention

Difference in Severe and Moderate Rule Breaking

Educators need to recognize positive outcome

Future research Schumpeterian Entrepreneur Limitations Proximates for behavior

Need for larger sample size considering statistical analysis
Thank you for your time
Coen
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