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Global challenges posed by climate change and environmental deterioration are increasingly driving entrepreneurship with sustainable entrepreneurial intention as a key driver in predicting entrepreneurial activities. Together with experience, the environmental values of an entrepreneur are vital for sustainable entrepreneurial intention. However, the extent to which experience is a key factor to start up a sustainable enterprise is still rather unclear. To study the role of experience, we derive from the theory of planned behaviour three factors (personal attitude, social norm and self-efficacy) to examine their impact on environmental values and sustainable entrepreneurial intention. Based on a meta-analysis, the overall directions and effect intensity of the different factors in this relationship can be investigated. We develop a structural equation model to explore the mechanism behind the interaction between the different variables. We utilize information from 37 scientific articles using 40 empirical samples, 117 effect sizes and 192,015 observations. We found that environmental values are indeed positively related to a sustainable entrepreneurial intention. Furthermore, the relationship between environmental values and sustainable entrepreneurial intention is moderated by experience, as well as personal attitude, social norms and self-efficacy. In addition, environmental values are more positively related to the intention to set up a sustainable venture for entrepreneurs with low-experience compared to those entrepreneurs with high-experience. For policy makers and managers, it becomes important to stimulate environmental values to promote sustainable entrepreneurial intentions in order to stimulate the growth of sustainable enterprises. By enhancing these three factors, sustainable entrepreneurial behaviour can be facilitated by increasing entrepreneurs’ sustainable intention.
Huatao Peng; Bingbing Li; Chen Zhou; Bert Sadowski. How Does the Appeal of Environmental Values Influence Sustainable Entrepreneurial Intention? International Journal of Environmental Research and Public Health 2021, 18, 1070 .
AMA StyleHuatao Peng, Bingbing Li, Chen Zhou, Bert Sadowski. How Does the Appeal of Environmental Values Influence Sustainable Entrepreneurial Intention? International Journal of Environmental Research and Public Health. 2021; 18 (3):1070.
Chicago/Turabian StyleHuatao Peng; Bingbing Li; Chen Zhou; Bert Sadowski. 2021. "How Does the Appeal of Environmental Values Influence Sustainable Entrepreneurial Intention?" International Journal of Environmental Research and Public Health 18, no. 3: 1070.
In the uncertain entrepreneurial ecosystem, scholarly knowledge is bounded by the sustainable growth of entrepreneurial enterprises. Moreover, there is a lack of consensus in academic circles on the relationship between entrepreneurial experience and entrepreneurial performance. In adopting the meta-analysis method, we found a significant relationship between entrepreneurial experience and entrepreneurial performance based on an investigation of 45 independent samples (N = 18,752). We also examined theoretically derived moderators of this relationship referring to firm age, industry condition and experience type to test whether the moderating effects can explain the inconsistent research results on the relationship between entrepreneurial experience and entrepreneurial performance. The relationship was stronger for the high-tech industry than for low-tech industry, for the early business stage than for late business stage and for start-up experience compared to management experience, work experience and industry experience. Our research findings are meaningful for practitioners to achieve sustainable growth by better preserving and coordinating entrepreneurial experience in a dynamic environment. Further, these findings are also important for future research to analyze the factors triggering the heterogeneity of entrepreneurial experience and to investigate the extent to which the start-up experience is more capable of promoting entrepreneurial performance.
Huatao Peng; Chen Zhou; Yang Liu. Entrepreneurial Experience and Performance: From the Aspect of Sustainable Growth of Enterprises. Sustainability 2020, 12, 7351 .
AMA StyleHuatao Peng, Chen Zhou, Yang Liu. Entrepreneurial Experience and Performance: From the Aspect of Sustainable Growth of Enterprises. Sustainability. 2020; 12 (18):7351.
Chicago/Turabian StyleHuatao Peng; Chen Zhou; Yang Liu. 2020. "Entrepreneurial Experience and Performance: From the Aspect of Sustainable Growth of Enterprises." Sustainability 12, no. 18: 7351.