Document Type
Article
Publication Date
5-15-2006
Abstract
This study was conceived after the realization that there was inadequate literature linking intention to venture creation and psychosocial factors in Kenya. The critical question of the study was; how do psychosocial factors impact on an individual's intention to venture creation? The data was sourced from college students and nascent entrepreneurs in Nairobi. This paper explores the relationship between perceived desirability and feasibility, and intention to venture creation. Further, the paper seeks to establish the relationship between perceived social norms, social support network and entrepreneurial experience on perceived feasibility and desirability. It also seeks to establish the relationship between these antecedents and intention to venture creation. Exploratory factor analysis was done to test both discriminant and convergent validity of measurement items. Structural equation modeling was used to examine and confirm the structural relationship in the network. Perceived desirability and feasibility were found to have a significant effect on intention to venture creation. Entrepreneurial experience, perceived support networks and social norms had no direct significant effects on intention to venture creation. The three had positive effect on perceived desirability and feasibility. This study provides ground breaking scholarly work in this field of entrepreneurship that will hopefully provoke Kenyan entrepreneurship scholars to conduct more research on this fallow ground.
Keywords
joint ventures--management, entrepreneurship, intention to venture creation, perceived desirability, perceived feasibility, perceived social norms, perceived social networks, entrepreneurial experience.
Rights
© The Author(s). Kelvin Smith Library provides access for non-commercial, personal, or research use only. All other use, including but not limited to commercial or scholarly reproductions, redistribution, publication or transmission, whether by electronic means or otherwise, without prior written permission is strictly prohibited.
Department/Center
Design & Innovation
Recommended Citation
Oruoch, Daniel Musungu, "Factors that Facilitate Intention to Venture Creation among Nascent Entrepreneurs - Kenyan Case" (2006). Student Scholarship. 216.
https://commons.case.edu/studentworks/216