Abstract

The purpose of this paper is to investigate whether the way managers make decisions (their decision-making style—DMS) predicts their entrepreneurial intentions (EI), a research subject that has been largely ignored in the literature. Developing an understanding of entrepreneurial intention factors that attract managers to entrepreneurship is indispensable for organizations. A sample of 230 managers of companies based in Kosovo was asked to take the entrepreneurial intention questionnaire and the General Decision-Making Style (GDMS) questionnaire. Bridging two strands of literature on decision-making and entrepreneurial intention and using the Structural Equation Model (SEM), it is concluded that spontaneous and intuitive styles predict managers’ entrepreneurial intentions. Considering the limitations of this single-country study, the implications for theory and policy are discussed.

Highlights

  • There is a growing research interest in investigating the role of individual differences in entrepreneurial behavior and intentions (Barbosa, et al, 2007)

  • The advantage of Structural Equation Model (SEM) is its ability to test the relationship between latent constructs instead of observed constructs, SEM partial measurement error out of observed constructs

  • One explanation about this result is that the total sample was integrated by all types of managers and this has an influence on the measures of General Decision-Making Style (GDMS) styles and intention

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Summary

Introduction

There is a growing research interest in investigating the role of individual differences in entrepreneurial behavior and intentions (Barbosa, et al, 2007). Most studies on entrepreneurial intention use student samples (Schlaegel & Koenig, 2014; Bird, 2015). To the best knowledge of the authors of this paper, only a handful of studies have used non-student samples in entrepreneurial intention research. Bird (2015) observes that there are differences between students and non-students in the way their intentions are formed. Hamidon et al (2017) observed that the extent of research concerning the entrepreneurial intention of employees is small. Some other studies compare entrepreneurial intent between entrepreneurs and managers (e.g., Smith, et al 1988; Allinson, Chell and Hayes 2000). Their research examines whether young managers in India show stronger entrepreneurial

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