Abstract
Entrepreneurial intent (EI) is a foundational construct for the development of theories of entrepreneurship. Yet a review of the existing EI measures shows they suffer from two serious shortcomings. First, they are largely confounded by simultaneous measurement of beliefs, attitudes, and expectations, contrary to the assumptions of the Theory of Planned Behavior that underpins research in this area. This confounding of measures can lead to significant errors in the interpretation of empirical insights into EI. Second, they have treated the intention to undertake entrepreneurship as an ‘all-or-nothing’ decision, ignoring evidence that many prospective entrepreneurs employ effectual logics and a stepwise entrepreneuring process to form of intent. The misspecification of the construct can lead to systematic bias in measurement of entrepreneurial intentions. This article proposes a new scale for measuring EI that is free of these shortcomings.
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