Document Type : Original Article (Quantified)

Authors

1 Department of Industrial Management, Faculty of Management and Accounting, Allameh Tabataba’i University, Tehran, Iran.

2 Department of Industrial Management and Entrepreneurship, Faculty of Human Sciences, Shahed University, Tehran, Iran.

Abstract

The purpose of this research is to investigate the effect of entrepreneurial intention on the entrepreneurial behavior of students with regard to the role of the modifier of fear of failure and economic literacy. The present research is applied in terms of purpose, quantitative in terms of approach, and descriptive-correlational in terms of research type. The statistical population of the study included all undergraduate students in the field of management at Shahid Beheshti, Allameh Tabataba'i, Tehran, and Shahed universities, of which 310 individuals were selected randomly. The data collection tool consisted of five standard questionnaires: entrepreneurial intention questionnaire by Linan and Chen (2009), entrepreneurial behavior by Gurbuz et al. (2020), autonomy, innovation, and risk-taking by Bolton and Lane (2011), fear of failure by Cacciotti et al. (2020), and economic literacy by Suryatno et al. (2021). Additionally, data analysis was performed using structural equation modeling and SmartPLS software. The research results showed that the variables of student autonomy, innovation, and risk-taking have a significant and positive impact on entrepreneurial intentions. Also, entrepreneurial intentions have a significant and positive impact on entrepreneurial behavior. The fear of failure variable negatively moderates the relationship between intention and behavior, and the economic literacy variable positively moderates this relationship. The research findings highlight the critical role of personal characteristics on entrepreneurial intentions and the importance of the introduced moderators for bridging the gap between entrepreneurial intentions and behavior.

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