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Influence of generational status on immigrants’ entrepreneurial intentions to start new ventures: a framework based on structural equation modeling and multicriteria decision-making

Khai Wah Khaw (School of Management, Universiti Sains Malaysia, Penang, Malaysia)
Ramayah Thurasamy (School of Management, Universiti Sains Malaysia, Penang, Malaysia; Internet Innovation Research Center, Newhuadu Business School, Minjiang University, Fuzhou, China; Department of Management, Sunway University Business School (SUBS), Petaling Jaya, Malaysia; Faculty of Economics and Business, Universiti Malaysia Sarawak, Kota Samarahan, Malaysia and Faculty of Accounting and Management, Universiti Tunku Abdul Rahman (UTAR), Petaling Jaya, Malaysia)
Hadi Al-Abrrow (Department of Business Administration, College of Administration and Economic, University of Basrah, Basrah, Iraq)
Alhamzah Alnoor (School of Management, Universiti Sains Malaysia, Penang, Malaysia and Southern Technical University, Basrah, Iraq)
Victor Tiberius (Faculty of Economics and Social Sciences, University of Potsdam, Potsdam, Germany)
Hasan Oudah Abdullah (Department of Business Administration, College of Administration and Economic, University of Basrah, Basrah, Iraq)
Sammar Abbas (Institute of Business Studies, Kohat University of Science and Technology, Kohat, Pakistan)

Journal of Entrepreneurship in Emerging Economies

ISSN: 2053-4604

Article publication date: 21 December 2021

304

Abstract

Purpose

This study aims to identify the intentions of immigrant entrepreneurs to start new projects by investigating the role of influence of institutional support, social context, cultural intelligence, self-efficacy, optimizing personality traits and hierarchy legitimacy on intentions to start new ventures. In addition, the strength of the relationship for such factors and intentions to start new ventures was determined through the moderator role of easy access to venture capital.

Design/methodology/approach

To this end, this study complements the academic literature by integrating the structural equation modeling (SEM) and multiple-criteria decision-making (MCDM) techniques. Thus, the MCDM (i.e. analytic hierarchy process and vlsekriterijumska optimizcija i kaompromisno resenje [VIKOR]) is an effective approach to solving the problem of complexity and evaluation (i.e. multiple evaluation criteria, important criteria and data variation). Hence, to complete the strategic guideline solution, this study uses a survey for collecting data from 202 immigrants in Malaysia, Pakistan, Nigeria and Singapore.

Findings

The results from SEM prove several critical factors of immigrants’ entrepreneurs. These factors of immigrants’ entrepreneurs can be vital for academics and host countries. By focusing on these aspects and by developing some personality traits (such as self-efficacy and optimal personality traits), these factors can contribute a good deal to increasing the capabilities of immigrant’s entrepreneurs toward entrepreneurial intentions. In the validation, the statistical objective method indicates that the immigrants' prioritizations in all countries are supported by the systematic ranking. Thus, entrepreneurial intentions for immigrants can pursue the order proven by the VIKOR results.

Research limitations/implications

This study has some significant practical and theoretical implications. Practically, the study findings will enable managers to develop strategies to support immigrants for entrepreneurial intentions to start new ventures.

Originality/value

The novelty of the context under given circumstances of global environment adds to the originality of this study. Several previous studies have also emphasized the need for this type of study in other contexts. The findings can call managers’ attention toward a critical issue of immigrants’ entrepreneurial intentions to start new ventures.

Keywords

Acknowledgements

This work is funded by Universiti Sains Malaysia, Short Term Grant [Grant Number: 304/PMGT/ 6315513], for the Project entitled “The Efficiency of Variable Sampling Interval Scheme for the Multivariate Coefficient of Variation in Short Production Runs.”

Citation

Khaw, K.W., Thurasamy, R., Al-Abrrow, H., Alnoor, A., Tiberius, V., Abdullah, H.O. and Abbas, S. (2021), "Influence of generational status on immigrants’ entrepreneurial intentions to start new ventures: a framework based on structural equation modeling and multicriteria decision-making", Journal of Entrepreneurship in Emerging Economies, Vol. ahead-of-print No. ahead-of-print. https://doi.org/10.1108/JEEE-04-2021-0141

Publisher

:

Emerald Publishing Limited

Copyright © 2021, Emerald Publishing Limited

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