The Determinants of Corporate Entrepreneurial Intention within Small and Newly Established Firms

Entrepreneurship Theory and Practice, Vol. 36, pp. 387–414, 2012

28 Pages Posted: 11 Dec 2008 Last revised: 22 Oct 2014

See all articles by Riccardo Fini

Riccardo Fini

University of Bologna - Department of Management; Imperial College London

Rosa Grimaldi

University of Bologna - Department of Management

Gian Luca Marzocchi

University of Bologna - School of Economics, Management, and Statistics

Maurizio Sobrero

University of Bologna - Department of Management

Multiple version iconThere are 2 versions of this paper

Date Written: December 8, 2008

Abstract

In this paper we study the determinants of corporate entrepreneurial intention (CEI) within small and newly established firms. Given that in these ventures entrepreneurial activities usually occur as a result of individuals’ behaviors, the CEI of their founders is key to explaining these companies' ability to become engaged in entrepreneurial actions. Building on the theory of planned behavior, we conceptualize how individual characteristics and contextual variables influence CEI. Our theoretical model of the micro-foundation of CEI is tested on a sample of 200 entrepreneurs, founders of 133 new technology-based firms. Results show that CEI is influenced by situationally specific motivation, individual skills, and perceived environmental dynamism. Managerial implications are discussed.

Keywords: Entrepreneurial intention, Process model, High-tech entrepreneurs, Individual characteristics, Theory of planned behaviour, Common method bias, Structural equation model

JEL Classification: O3

Suggested Citation

Fini, Riccardo and Grimaldi, Rosa and Marzocchi, Gian Luca and Sobrero, Maurizio, The Determinants of Corporate Entrepreneurial Intention within Small and Newly Established Firms (December 8, 2008). Entrepreneurship Theory and Practice, Vol. 36, pp. 387–414, 2012. Available at SSRN: https://ssrn.com/abstract=1313225

Riccardo Fini (Contact Author)

University of Bologna - Department of Management ( email )

Via Terracini 28
Bologna, 40131
Italy

HOME PAGE: http://www.unibo.it/faculty/riccardo.fini

Imperial College London ( email )

South Kensington Campus
London SW7 2AZ, DC
United Kingdom

HOME PAGE: http://www3.imperial.ac.uk/people/r.fini

Rosa Grimaldi

University of Bologna - Department of Management ( email )

Piazza Scaravilli 1
Bologna, Bologna 40126
Italy

Gian Luca Marzocchi

University of Bologna - School of Economics, Management, and Statistics ( email )

Piazza Scaravilli 1
40126 Bologna, fc 47100
Italy

Maurizio Sobrero

University of Bologna - Department of Management ( email )

Via Capo di Lucca 34
40126 Bologna, Bologna 40126
Italy
+39 051 2098076 (Phone)

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