The Intentionality-Based View of Company Employees’ Entrepreneurial Motivation and Institutional Environment ()
ABSTRACT
Due to the increasing inequality in labor relations
driven by capitalism-based economic institutions, the transition from
employment to self-employment has become a growing phenomenon. Nevertheless,
little work has delved into the determinants of company employees’
entrepreneurial intentions. Using Smart PLS to test empirical data of company
workers collected in Indonesia, this paper maps the structural relationship
between institutional environments and company employees’ entrepreneurial
intentions by investigating the mediating effects of perceived desirability and
feasibility. More importantly, our moderated mediation model reveals the
pivotal roles of education, entrepreneurial experience, and subjective norm.
According to the findings, the institutional environment is critical in company
employees’ perceived desirability and feasibility for entrepreneurial
intention, except for regulatory support and normative approval. Education will
weaken the relationship between regulatory support and perceived desirability,
and on the contrary, the entrepreneurial experience will undermine the
relationship between regulatory support and perceived feasibility. Also, the
subjective norm will strengthen the relationship between perceived desirability
and entrepreneurial intention. The article contributes to the literature on
intentionality-based entrepreneurship in emerging markets and may serve as a
model for future career research.
Share and Cite:
Lembana, D. (2022) The Intentionality-Based View of Company Employees’ Entrepreneurial Motivation and Institutional Environment.
Open Journal of Business and Management,
10, 1436-1453. doi:
10.4236/ojbm.2022.103076.
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