Antecedents of entrepreneurial intentions: the moderating role of locus of control

Abstract

Entrepreneurial intention is the key factor to predict entrepreneurial behavior. This study aims to explore the antecedents of entrepreneurial intentions. According to previous studies, we explored the relationships among entrepreneurial self-efficiency, value of entrepreneurial opportunities, and supports of environmental factors. In this research, we selected 420 samples that have owned at least one entrepreneurial opportunity and participated in the programs supported financially by Taiwan government. Under such a context, we presented a model to explain the moderating effect of locus of control between entrepreneurial intention and environmental factors. The results supported our hypotheses. Finally, we discussed the findings and implications for entrepreneurial education practice and research.