The Impact of Prior Entrepreneurial Exposure on Perceptions of New Venture Feasibility and Desirability

Posted: 17 Nov 2009

See all articles by Norris F. Krueger

Norris F. Krueger

Entrepreneurship Northwest; University of Phoenix - Global Business Research, School of Advanced Studies; Max Planck Institute for Economics

Date Written: 1993

Abstract

Tests Shapero's intentions-based model of new venture initiation. This model assumes that the intent to start a new business is the result of perceived desirability, feasibility, and the individual's propensity to act upon opportunities. Entrepreneurial intention is defined as the commitment to starting a new business. An understanding of these intentions is important as it helps to identify key characteristics for new firms. The decision to start a new business requires the perception that starting a new business is credible and some type of precipitating event. Data used in the analysis were collected from 126 upper-division university business students – 75 males and 51 females. The data itself show perception measures and propensity to act have a significant correlation with entrepreneurial intentions. Breadth of experience has a strong correlation to perceived feasibility while positiveness of experience is strongly correlated with perceived desirability. Results demonstrate support for Shapero's model and further indicate that measures of prior entrepreneurial exposure can be added. Implications of this analysis for researchers, training entrepreneurs, and practitioners are discussed. (SRD)

Keywords: Intentions, Feasibility, Credibility, Perceptions, Motivation, Startups, Work experience

Suggested Citation

Krueger, Norris F., The Impact of Prior Entrepreneurial Exposure on Perceptions of New Venture Feasibility and Desirability (1993). Entrepreneurship Theory and Practice, Vol. 18, Issue 1, p. 5-21 1993. Available at SSRN: https://ssrn.com/abstract=1504462

Norris F. Krueger (Contact Author)

Entrepreneurship Northwest ( email )

1632 South Riverstone
Suite 304
Boise, ID 83706
United States
(208) 440-3747 (Phone)

University of Phoenix - Global Business Research, School of Advanced Studies ( email )

4025 Riverpoint Parkway
Phoenix, AZ
United States

Max Planck Institute for Economics ( email )

Kahlaische Str. 10
D-07745 Jena
Germany

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