Abstract
This study analyzes the relationship between emotional competencies and entrepreneurial intention of students from public higher education institutions in Ecuador, supported by an extended model of Ajzen’s Theory of planned behavior. The results are derived from a questionnaire applied to students of last semester of careers with academic business training. To analyze the results, structural equation modeling (SEM) was used. The findings show that emotional competencies are significant factors in the configuration of entrepreneurial intentions and have a direct and positive relationship with the cognitive antecedents of entrepreneurial attitude and self-efficacy. It is suggested that students with a higher degree of emotional competencies cope in a better way with the cognitive bias that can make it difficult to recognize business opportunities. The main contribution of this study was to give generality to the results that have been obtained in the use of emotional competencies to promote the intentionality of entrepreneurship in the context of emerging economies.
Highlights
Entrepreneurial intentions are studied as one of the most confident predictors of business behavior that results in the creation of new companies (Linan, 2004; Prodan & Drnovsek, 2010; Souitaris et al, 2007)
The results confirm that emotional competencies are significant factors in the configuration of entrepreneurial intentions in students of business careers
This study provided an interesting framework to understand the entrepreneurial intentions of students and the effectiveness of careers with business academic training in public higher education institutions, focusing on cognitive and emotional factors and their relationships, taking into account that it would be important to obtain an emotional–rational balance in the decision-making process in the business area
Summary
Entrepreneurial intentions are studied as one of the most confident predictors of business behavior that results in the creation of new companies (Linan, 2004; Prodan & Drnovsek, 2010; Souitaris et al, 2007). The study will respond to the recommendation of other researchers who showed the need to cooperate with a better understanding of the relationship between cognitive factors (subjective norms, entrepreneurial attitude and self-efficacy) and emotional competences (Ajzen, 1991; Fernández-Pérez et al, 2017; Liñán, 2008; Padilla-Meléndez et al, 2014) For this reason, an extended model of Ajzen’s theory of planned behavior with the integration of emotional competencies will be important in order to achieve a greater understanding of entrepreneurial intention in students of higher education institutions. The internal consis tency analysis was carried out by calculating the composite reliability index for each construct proposed by Chión and Vincent (2016), obtaining values greater than 0.7
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