Factors influencing entrepreneurial intentions of Zimbabweans during economic recessions: a case of hardware small businesses in Harare, Zimbabwe
The purpose of this paper is to establish factors that influence entrepreneurial intention (EI) in Zimbabwe during economic crisis. Relationships between these factors and EI were also established. A survey-based methodology was employed in which data were collected using self-administered questionn...
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Inderscience
2022
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Online Access: | http://hdl.handle.net/11408/5153 |
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author | Zhuwau, Charles |
author_facet | Zhuwau, Charles |
author_sort | Zhuwau, Charles |
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description | The purpose of this paper is to establish factors that influence entrepreneurial intention (EI) in Zimbabwe during economic crisis. Relationships between these factors and EI were also established. A survey-based methodology was employed in which data were collected using self-administered questionnaires from a sample of 124 hardware small and medium enterprise (SME) owners. Further, the research employed Spearman's coefficient of rank correlation method to test hypotheses. Results indicated that EI in Zimbabwe is influenced by opportunity recognition, job loss, social pressure, sector expected positive potential, perceived easiness to run a business, and resource availability. Perfect positive relationship between EI and these factors was discovered. Therefore, government should consider ways of harnessing these EI factors to enhance new venture creation and reduce unemployment. New knowledge of EI in developing countries and economic downturn periods has been produced. |
format | Article |
id | ir-11408-5153 |
institution | My University |
language | English |
publishDate | 2022 |
publisher | Inderscience |
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spelling | ir-11408-51532022-08-19T07:04:17Z Factors influencing entrepreneurial intentions of Zimbabweans during economic recessions: a case of hardware small businesses in Harare, Zimbabwe Zhuwau, Charles Entrepreneurial intention Economic recession Small businesses Developing countries Hardware The purpose of this paper is to establish factors that influence entrepreneurial intention (EI) in Zimbabwe during economic crisis. Relationships between these factors and EI were also established. A survey-based methodology was employed in which data were collected using self-administered questionnaires from a sample of 124 hardware small and medium enterprise (SME) owners. Further, the research employed Spearman's coefficient of rank correlation method to test hypotheses. Results indicated that EI in Zimbabwe is influenced by opportunity recognition, job loss, social pressure, sector expected positive potential, perceived easiness to run a business, and resource availability. Perfect positive relationship between EI and these factors was discovered. Therefore, government should consider ways of harnessing these EI factors to enhance new venture creation and reduce unemployment. New knowledge of EI in developing countries and economic downturn periods has been produced. 2022-08-19T07:04:17Z 2022-08-19T07:04:17Z 2022-07-19 Article 1753-3627 1753-3635 10.1504/IJBG.2022.10049223 http://hdl.handle.net/11408/5153 en International Journal of Business and Globalisation;Vol. 31; No. 1 open Inderscience |
spellingShingle | Entrepreneurial intention Economic recession Small businesses Developing countries Hardware Zhuwau, Charles Factors influencing entrepreneurial intentions of Zimbabweans during economic recessions: a case of hardware small businesses in Harare, Zimbabwe |
title | Factors influencing entrepreneurial intentions of Zimbabweans during economic recessions: a case of hardware small businesses in Harare, Zimbabwe |
title_full | Factors influencing entrepreneurial intentions of Zimbabweans during economic recessions: a case of hardware small businesses in Harare, Zimbabwe |
title_fullStr | Factors influencing entrepreneurial intentions of Zimbabweans during economic recessions: a case of hardware small businesses in Harare, Zimbabwe |
title_full_unstemmed | Factors influencing entrepreneurial intentions of Zimbabweans during economic recessions: a case of hardware small businesses in Harare, Zimbabwe |
title_short | Factors influencing entrepreneurial intentions of Zimbabweans during economic recessions: a case of hardware small businesses in Harare, Zimbabwe |
title_sort | factors influencing entrepreneurial intentions of zimbabweans during economic recessions: a case of hardware small businesses in harare, zimbabwe |
topic | Entrepreneurial intention Economic recession Small businesses Developing countries Hardware |
url | http://hdl.handle.net/11408/5153 |
work_keys_str_mv | AT zhuwaucharles factorsinfluencingentrepreneurialintentionsofzimbabweansduringeconomicrecessionsacaseofhardwaresmallbusinessesinhararezimbabwe |