Development of a Conceptual Framework Integrating Entrepreneurial Intention, Start-Up Preparation, and Start-Up Decision

Abstract

The fundamental goal of this study is to develop a conceptual framework that integrates entrepreneurial intention, startup preparation, and startup decision. Thus, the Systematic Literature Review (SLR) technique and article selection based on the PRISMA approach is applied in this study. Between 2000 and 2020, the study included 38 papers from well-known databases. After reviewing previous literature, this study identified seven research gaps. Eventually, it developed a conceptual framework with three contextual variables: perceived educational support, perceived relational support, perceived structural support with perceived behavioral control, entrepreneurship intention, start-up preparation, and start-up decision. This first study combines all seven variables, resulting in start-up decisions under a single framework. The essential constraints are relying on a few databases and using only 38 peer-reviewed publications published in scholarly journals and written in English. Furthermore, academic research articles published between 2000 and 2020 are excluded. This study proposes practitioners of the aspects required early in beginning a business, which supports formulating effective policies for prospective entrepreneurs to enhance economic growth and innovation at the firm and national levels.