Embedding the marketing angle into the pursuit of entrepreneurial propensity: roles of perceived feasibility and desirability and stakeholders' support
2023 (English)In: International Journal of Entrepreneurial Behaviour & Research, ISSN 1355-2554, E-ISSN 1758-6534Article in journal (Refereed) Epub ahead of print
Abstract [en]
Purpose: This study endeavors to decode the propensity for entrepreneurial action by addressing the perceptions of feasibility and desirability stemming from entrepreneurs' and non-entrepreneurs’ appraisal of holding marketing capabilities; complemented by the direct and indirect effects of market stakeholders' support, assessed as bridging or buffering the entrepreneurial action.
Design/methodology/approach: Three groups were formed from a random sample of 1,957 Canadian (from Quebec) respondents to an online questionnaire: non-entrepreneurs with low entrepreneurial intentions, non-entrepreneurs with high entrepreneurial intentions and entrepreneurs with high entrepreneurial intentions.
Findings: The analyses revealed salient effects of perceptions of feasibility and desirability, coupled with appraisals of possessing marketing capabilities, on entrepreneurial propensity; and their strengthened relations when obtaining stakeholders' support. Overall, the results suggest that perceived market feasibility and market desirability are prominent factors in differentiating between entrepreneurial and non-entrepreneurial action, and the type and function of stakeholders' support are prominent in differentiating between intentions.
Practical implications: Practical implications include facilitating the transmission of marketing knowledge to novice entrepreneurs through higher education and the ecosystem.
Originality/value: The authors show that perceptions of feasibility and desirability are particularly dependent on the entrepreneur's perceived marketing capabilities and perceptions of entrepreneurial ecosystem supportiveness. This study thus captures a fuller range of the intentions–action relationship by gauging the unidimensional approach to entrepreneurial action through intertwining attributes at the individual and market levels. It takes a new look at feasibility and desirability through marketing capabilities; and offers a more robust classification of stakeholders' support—institution/people, bridging/buffering. Practical implications include facilitating the transmission of marketing knowledge to novice entrepreneurs through higher education and the ecosystem.
Place, publisher, year, edition, pages
Emerald Group Publishing Limited, 2023.
Keywords [en]
Entrepreneurial propensity, Feasibility/desirability, Marketing capabilities, Stakeholder support
National Category
Business Administration
Identifiers
URN: urn:nbn:se:hj:diva-63389DOI: 10.1108/IJEBR-02-2022-0171ISI: 000948761000001Scopus ID: 2-s2.0-85150602794OAI: oai:DiVA.org:hj-63389DiVA, id: diva2:1829416
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