Impulsivity traits and the rational cognitive process of entrepreneurship: empirical evidence from Vietnam

Xuan Hau Doan · Trung Thanh Le · Cong Doanh Duong · Thị Phương Linh Nguyễn · Thi Phuong Hien Tran

28 citations0/0 files storedAsia-Pacific Journal of Business Administration

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Entrepreneurship Studies and Influences Decision-Making and Behavioral Economics Migration, Ethnicity, and Economy

Abstract

Purpose This study aims to integrate predictions from clinical psychology and UPPS impulsivity with the theory of planned behaviors (TPB) to draw a conceptual framework and test the prediction that attention deficit hyperactivity disorder (ADHD) symptoms, impulsivity would contribute to the prediction of the reasoned cognitive process of entrepreneurship over and above key predictors from an extended TPB model. Design/methodology/approach This study utilized a sample of 2,482 students from 14 universities/institutes in Vietnam; confirmatory factor analysis was employed to test the validity and reliability. Then, regression analysis with PROCESS macro approach (5,000 bootstrap sample and 95% confidence interval) was employed to estimate the association paths and multiple mediators. Findings The study reveals that ADHD symptoms and impulsivity substantially contribute to the exploration of an entrepreneurial intention throughout TPB predictors, with those higher in ADHD symptoms and impulsivity having higher intentions to engage in business venturing. Moreover, UPPS impulsiveness might valuably be incorporated with TPB predictors while predicting behaviors that are often examined as the process of rational cognitive strategies business venturing. Practical implications This study showed that a start-up business can be seen as a career choice for students who exhibit extensive ADHD symptoms to use their talents effectively, thus contributing to creating value for society and improving personal well-being. Originality/value This article stood to make contributions to entrepreneurship literature by investigating the effects of ADHD symptoms, four impulsivity traits on an entrepreneurial intention via three precursors in TPB, including attitude toward entrepreneurship, subjective norms and perceived behavioral control.

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References

2013Diagnostic and Statistical Manual of Mental Disorders 1981Evaluating Structural Equation Models with Unobservable Variables and Measurement Error 1999Cutoff criteria for fit indexes in covariance structure analysis: Conventional criteria versus new alternatives 2000Competing models of entrepreneurial intentions 2019Assessing measurement model quality in PLS-SEM using confirmatory composite analysis 2000Self-regulation and depletion of limited resources: Does self-control resemble a muscle?2001The Five Factor Model and impulsivity: using a structural model of personality to understand impulsivity 2009Development and Cross–Cultural Application of a Specific Instrument to Measure Entrepreneurial Intentions

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