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Millennial social entrepreneurial intent and social entrepreneurial self-efficacy: a comparative entrepreneurship study

Yang Zhang (The University of Texas at El Paso, El Paso, Texas, USA)
Juanita Trusty (California State University Los Angeles, Los Angeles, California, USA)
Tatiana Goroshnikova (Financial University under the Government of the Russian Federation, Moscow, Russian Federation)
Louise Kelly (The University of La Verne, La Verne, California, USA)
Kwok K. Kwong (California State University Los Angeles, Los Angeles, California, USA)
Stephen J.J. McGuire (California State University Los Angeles, Los Angeles, California, USA)
Juan Perusquia (Universidad Autonoma de Baja California, Tijuana, Mexico)
Veena P. Prabhu (California State University Los Angeles, Los Angeles, California, USA)
Minghao Shen (Guangdong University of Foreign Studies, Guangzhou, China)
Robert Tang (De La Salle-College of Saint Benilde, Manila, Philippines)

Social Enterprise Journal

ISSN: 1750-8614

Article publication date: 11 February 2021

Issue publication date: 20 February 2021

767

Abstract

Purpose

The purpose of this study is to propose and test predictors of millennials’ social entrepreneurial intent (SEI), mediating mechanisms and influential contextual factors.

Design/methodology/approach

This study includes survey data from 1,890 respondents, 315 each from China, Mexico, Nigeria, Philippines, Russia and the USA.

Findings

Empirical results show that social entrepreneurial self-efficacy (SESE) mediated the relationship between perseverance and proactive personality and the dependent variable SEI in all six countries. Life satisfaction positively moderated this relationship among US students and negatively moderated it among Chinese students. In China dissatisfaction appears to enhance SEI, while in the US satisfaction appears to do so.

Originality/value

This paper identifies the mediating role of SESE and the moderating role of life satisfaction when explaining SEI, as well as providing data from millennials in six countries.

Keywords

Citation

Zhang, Y., Trusty, J., Goroshnikova, T., Kelly, L., Kwong, K.K., McGuire, S.J.J., Perusquia, J., Prabhu, V.P., Shen, M. and Tang, R. (2021), "Millennial social entrepreneurial intent and social entrepreneurial self-efficacy: a comparative entrepreneurship study", Social Enterprise Journal, Vol. 17 No. 1, pp. 20-43. https://doi.org/10.1108/SEJ-07-2020-0054

Publisher

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Emerald Publishing Limited

Copyright © 2020, Emerald Publishing Limited

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