Personality, Prior Knowledge, Social Capital and Entrepreneurial Intentions: Entrepreneurial Alertness as Mediator

WeiLee Lim · Yvonne Lean-Ee Lee · Ravindran Ramasamy

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Entrepreneurship Studies and Influences Vocational and Entrepreneurial Education Migration, Ethnicity, and Economy

Abstract

Objective – This empirical study aims to examine the role of entrepreneurial alertness as a mediator to personality traits, prior knowledge and social capital in influencing the potential of entrepreneurial intention. Methodology/Technique – A total of 212 questionnaires were personally distributed in the Kuala Lumpur area. The data were analyzed using structural equation modelling (SEM) employing the Baron and Kenny method with the bootstrapping method in testing for mediation effect. Findings – The findings concluded that there are significant relationships between the three variables; prior knowledge, social capital and personality traits with the entrepreneurial intention which is mediated by entrepreneurial alertness. Social capital and prior knowledge in the form of entrepreneurships courses and entrepreneurial experience have a positive relationship with entrepreneurial intention and hence attention should be directed towards them. Novelty – Demonstrate the originality or value of the paper which makes it different from prior studies. Type of Paper: Empirical Keywords: Entrepreneurial intention; Alertness; Prior knowledge; Social capital; Personality; Mediator. JEL Classification: L26, L31.

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References

1991The theory of planned behavior 1973The Strength of Weak Ties 1991THE BIG FIVE PERSONALITY DIMENSIONS AND JOB PERFORMANCE: A META‐ANALYSIS 2000Competing models of entrepreneurial intentions 2003The role of social and human capital among nascent entrepreneurs 2000Prior Knowledge and the Discovery of Entrepreneurial Opportunities 2009Development and Cross–Cultural Application of a Specific Instrument to Measure Entrepreneurial Intentions 2001Gender differences in personality traits across cultures: Robust and surprising findings.

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