[go: up one dir, main page]
IDEAS home Printed from https://ideas.repec.org/a/gam/jijerp/v17y2020i15p5293-d388259.html
   My bibliography  Save this article

Psychological Factors that Lessen the Impact of COVID-19 on the Self-Employment Intention of Business Administration and Economics’ Students from Latin America

Author

Listed:
  • Brizeida Raquel Hernández-Sánchez

    (Department of Social Psychology and Anthropology, University of Salamanca, 37005 Salamanca, Spain)

  • Giuseppina Maria Cardella

    (Department of Social Psychology and Anthropology, University of Salamanca, 37005 Salamanca, Spain)

  • José Carlos Sánchez-García

    (Department of Social Psychology and Anthropology, University of Salamanca, 37005 Salamanca, Spain)

Abstract
Background: The 2019 coronavirus disease epidemic (Covid-19) is a public health emergency of international concern and poses a challenge to the labor market. The pandemic has a devastating and disproportionate effect on young workers, their interest in entrepreneurship, and their mental health. Research is needed to develop evidence-based strategies to improve coping and reduce adverse psychological problems. The objective of this study was to analyze the impact that Covid-19 pandemic perception and psychological need satisfaction have on university students and their self-employment intention. In addition, we also analyzed the role of moderation played by psychological aspects. These psychological factors (i.e., Optimism and Proactiveness) can also improve young people’s mental health and well-being. Methods: An explorative study (online survey) was conducted in March 2020 934 university students from Latin America. Regression analysis models were built to examine the relationships between Covid-19 pandemic perception, personality variables, and entrepreneurial intention. Mediation models, through the bootstrapping method, were performed to analyze the mediating role of proactiveness and optimism. Results: Results indicate that students’ perception of Covid-19 and psychological need satisfaction are associated with entrepreneurial intention. Additionally, the present study argues that proactiveness and optimism mediate these relationships. Conclusions: This study identifies psychological factors associated with a lower level of Covid-19 impact and that can be used for psychological interventions that result in an improvement in the mental health of these vulnerable groups during and after the Covid-19 pandemic. Theoretical and practical implications are discussed.

Suggested Citation

  • Brizeida Raquel Hernández-Sánchez & Giuseppina Maria Cardella & José Carlos Sánchez-García, 2020. "Psychological Factors that Lessen the Impact of COVID-19 on the Self-Employment Intention of Business Administration and Economics’ Students from Latin America," IJERPH, MDPI, vol. 17(15), pages 1-22, July.
    • Handle: RePEc:gam:jijerp:v:17:y:2020:i:15:p:5293-:d:388259
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/1660-4601/17/15/5293/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/1660-4601/17/15/5293/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Shir, Nadav & Nikolaev, Boris N. & Wincent, Joakim, 2019. "Entrepreneurship and well-being: The role of psychological autonomy, competence, and relatedness," Journal of Business Venturing, Elsevier, vol. 34(5), pages 1-1.
    2. Teemu Kautonen & Marco van Gelderen & Erno T. Tornikoski, 2013. "Predicting entrepreneurial behaviour: a test of the theory of planned behaviour," Applied Economics, Taylor & Francis Journals, vol. 45(6), pages 697-707, February.
    3. Norris F. Krueger Jr. & Deborah V. Brazeal, 1994. "Entrepreneurial Potential and Potential Entrepreneurs," Entrepreneurship Theory and Practice, , vol. 18(3), pages 91-104, April.
    4. Alain Fayolle & Caroline Verzat & Robert Wapshott, 2016. "In quest of legitimacy : The theoretical and methodological foundations of entrepreneurship education research," Post-Print hal-02311946, HAL.
    5. Edmund R. Thompson, 2009. "Individual Entrepreneurial Intent: Construct Clarification and Development of an Internationally Reliable Metric," Entrepreneurship Theory and Practice, , vol. 33(3), pages 669-694, May.
    6. Ucbasaran, Deniz & Westhead, Paul & Wright, Mike & Flores, Manuel, 2010. "The nature of entrepreneurial experience, business failure and comparative optimism," Journal of Business Venturing, Elsevier, vol. 25(6), pages 541-555, November.
    7. Cuiyan Wang & Riyu Pan & Xiaoyang Wan & Yilin Tan & Linkang Xu & Cyrus S. Ho & Roger C. Ho, 2020. "Immediate Psychological Responses and Associated Factors during the Initial Stage of the 2019 Coronavirus Disease (COVID-19) Epidemic among the General Population in China," IJERPH, MDPI, vol. 17(5), pages 1-25, March.
    8. David Audretsch & Maksim Belitski & Sameeksha Desai, 2015. "Entrepreneurship and economic development in cities," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 55(1), pages 33-60, October.
    9. Sari Pekkala Kerr & William R. Kerr & Tina Xu, 2017. "Personality Traits of Entrepreneurs: A Review of Recent Literature," NBER Working Papers 24097, National Bureau of Economic Research, Inc.
    10. Juan Gómez-Salgado & Montserrat Andrés-Villas & Sara Domínguez-Salas & Diego Díaz-Milanés & Carlos Ruiz-Frutos, 2020. "Related Health Factors of Psychological Distress During the COVID-19 Pandemic in Spain," IJERPH, MDPI, vol. 17(11), pages 1-16, June.
    11. Douglas, Evan J., 2013. "Reconstructing entrepreneurial intentions to identify predisposition for growth," Journal of Business Venturing, Elsevier, vol. 28(5), pages 633-651.
    12. Carlos Bozzoli & Tilman Brück & Nina Wald, 2013. "Self-employment and Conflict in Colombia," Journal of Conflict Resolution, Peace Science Society (International), vol. 57(1), pages 117-142, February.
    13. Evan J. Douglas & Dean A. Shepherd, 2002. "Self-Employment as a Career Choice: Attitudes, Entrepreneurial Intentions, and Utility Maximization," Entrepreneurship Theory and Practice, , vol. 26(3), pages 81-90, April.
    14. Kuckertz, Andreas & Brändle, Leif & Gaudig, Anja & Hinderer, Sebastian & Morales Reyes, Carlos Arturo & Prochotta, Alicia & Steinbrink, Kathrin M. & Berger, Elisabeth S.C., 2020. "Startups in times of crisis – A rapid response to the COVID-19 pandemic," Journal of Business Venturing Insights, Elsevier, vol. 13(C).
    15. Tavares, Jose, 2004. "The open society assesses its enemies: shocks, disasters and terrorist attacks," Journal of Monetary Economics, Elsevier, vol. 51(5), pages 1039-1070, July.
    16. Christopher Schlaegel & Michael Koenig, 2014. "Determinants of Entrepreneurial Intent: A Meta–Analytic Test and Integration of Competing Models," Entrepreneurship Theory and Practice, , vol. 38(2), pages 291-332, March.
    17. Rachel Doern & Nick Williams & Tim Vorley, 2019. "Special issue on entrepreneurship and crises: business as usual? An introduction and review of the literature," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 31(5-6), pages 400-412, May.
    18. Oana Branzei & Samer Abdelnour, 2010. "Another day, another dollar: Enterprise resilience under terrorism in developing countries," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 41(5), pages 804-825, June.
    19. Fan Zhang, 2019. "In the Dark," World Bank Publications - Books, The World Bank Group, number 30923.
    20. Ana Iolanda Vodă & Nelu Florea, 2019. "Impact of Personality Traits and Entrepreneurship Education on Entrepreneurial Intentions of Business and Engineering Students," Sustainability, MDPI, vol. 11(4), pages 1-34, February.
    21. Nancy G. Boyd & George S. Vozikis, 1994. "The Influence of Self-Efficacy on the Development of Entrepreneurial Intentions and Actions," Entrepreneurship Theory and Practice, , vol. 18(4), pages 63-77, July.
    22. Francisco Liñán & Yi–Wen Chen, 2009. "Development and Cross–Cultural Application of a Specific Instrument to Measure Entrepreneurial Intentions," Entrepreneurship Theory and Practice, , vol. 33(3), pages 593-617, May.
    23. Vishal K. Gupta & Daniel B. Turban & S. Arzu Wasti & Arijit Sikdar, 2009. "The Role of Gender Stereotypes in Perceptions of Entrepreneurs and Intentions to Become an Entrepreneur," Entrepreneurship Theory and Practice, , vol. 33(2), pages 397-417, March.
    24. Tatiana S. Manolova & Rangamohan V. Eunni & Bojidar S. Gyoshev, 2008. "Institutional Environments for Entrepreneurship: Evidence from Emerging Economies in Eastern Europe," Entrepreneurship Theory and Practice, , vol. 32(1), pages 203-218, January.
    25. Ibrahim Al-Jubari & Arif Hassan & Francisco Liñán, 2019. "Entrepreneurial intention among University students in Malaysia: integrating self-determination theory and the theory of planned behavior," International Entrepreneurship and Management Journal, Springer, vol. 15(4), pages 1323-1342, December.
    26. Mario Rosique-Blasco & Antonia Madrid-Guijarro & Domingo García-Pérez-de-Lema, 2018. "The effects of personal abilities and self-efficacy on entrepreneurial intentions," International Entrepreneurship and Management Journal, Springer, vol. 14(4), pages 1025-1052, December.
    27. KruegerJR, Norris F. & Reilly, Michael D. & Carsrud, Alan L., 2000. "Competing models of entrepreneurial intentions," Journal of Business Venturing, Elsevier, vol. 15(5-6), pages 411-432.
    28. Schneck, Stefan, 2014. "Why the self-employed are happier: Evidence from 25 European countries," Journal of Business Research, Elsevier, vol. 67(6), pages 1043-1048.
    29. Amanda Bullough & Maija Renko & Tamara Myatt, 2014. "Danger Zone Entrepreneurs: The Importance of Resilience and Self–Efficacy for Entrepreneurial Intentions," Entrepreneurship Theory and Practice, , vol. 38(3), pages 473-499, May.
    30. Francisco Linan & Alain Fayolle, 2015. "A systematic literature review on entrepreneurial intentions : citation, thematic analyses, and research agenda," Post-Print hal-02313298, HAL.
    31. Tilman Brück & Fernanda Llussá & José Tavares, 2010. "Perceptions, Expectations, and Entrepreneurship: The Role of Extreme Events," Discussion Papers of DIW Berlin 1093, DIW Berlin, German Institute for Economic Research.
    32. Ben Fatma Elhem & Ben Mohamed Ezzeddine & Sami Boudabbous, 2015. "Does entrepreneur dispositional optimism bias affect small firms' technical efficiency," International Journal of Entrepreneurship and Small Business, Inderscience Enterprises Ltd, vol. 24(3), pages 302-321.
    33. Van Gelderen, Marco & Kautonen, Teemu & Fink, Matthias, 2015. "From entrepreneurial intentions to actions: Self-control and action-related doubt, fear, and aversion," Journal of Business Venturing, Elsevier, vol. 30(5), pages 655-673.
    34. Chiamaka O.Joe-Akunne & Tochukwu M. Oguegbe & Ralph Aguanunu, 2014. "Exploratory Study of Job Insecurity and Entrepreneurial Intention as Correlates of Counterproductive Work Behaviour," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 4(5), pages 41-52, May.
    35. Ibrahim Al-Jubari, 2019. "College Students’ Entrepreneurial Intention: Testing an Integrated Model of SDT and TPB," SAGE Open, , vol. 9(2), pages 21582440198, May.
    36. Danny Miller, 2015. "A Downside to the Entrepreneurial Personality?," Entrepreneurship Theory and Practice, , vol. 39(1), pages 1-8, January.
    37. Alain Fayolle & Caroline Verzat & Robert Wapshott, 2016. "In quest of legitimacy: The theoretical and methodological foundations of entrepreneurship education research," Post-Print hal-02014315, HAL.
    38. Maresch, Daniela & Harms, Rainer & Kailer, Norbert & Wimmer-Wurm, Birgit, 2016. "The impact of entrepreneurship education on the entrepreneurial intention of students in science and engineering versus business studies university programs," Technological Forecasting and Social Change, Elsevier, vol. 104(C), pages 172-179.
    39. Carmen Păunescu & Mihaela Cornelia Popescu & Matthias Duennweber, 2018. "Factors Determining Desirability of Entrepreneurship in Romania," Sustainability, MDPI, vol. 10(11), pages 1-22, October.
    40. Gavin Cassar, 2010. "Are individuals entering self‐employment overly optimistic? an empirical test of plans and projections on nascent entrepreneur expectations," Strategic Management Journal, Wiley Blackwell, vol. 31(8), pages 822-840, August.
    41. Simon, Mark & Houghton, Susan M. & Aquino, Karl, 2000. "Cognitive biases, risk perception, and venture formation: How individuals decide to start companies," Journal of Business Venturing, Elsevier, vol. 15(2), pages 113-134, March.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Víctor Revilla-Cuesta & Marta Skaf & Juan Manuel Varona & Vanesa Ortega-López, 2021. "The Outbreak of the COVID-19 Pandemic and its Social Impact on Education: Were Engineering Teachers Ready to Teach Online?," IJERPH, MDPI, vol. 18(4), pages 1-23, February.
    2. Renata Dana Nițu-Antonie & Emőke-Szidónia Feder & Kristina Stamenovic & Adrian Brudan, 2022. "A Moderated Serial–Parallel Mediation Model of Sustainable Entrepreneurial Intention of Youth with Higher Education Studies in Romania," Sustainability, MDPI, vol. 14(20), pages 1-22, October.
    3. Giuseppina Maria Cardella & Virginia Barba-Sánchez & Ángel Meseguer-Martinez & Brizeida Hernández-Sánchez & José Carlos Sánchez-García, 2024. "Analyzing university students’ entrepreneurial intentions under the influence of the COVID-19 pandemic," International Entrepreneurship and Management Journal, Springer, vol. 20(4), pages 2567-2590, December.
    4. Manish Bansal, 2023. "Multidimensional Impact of COVID-19 on the Indian Education Sector," Management and Labour Studies, XLRI Jamshedpur, School of Business Management & Human Resources, vol. 48(2), pages 214-223, May.
    5. Vilma Geni Slomski & Antonio Vicente Tavares de Souza Junior & Carlos Eduardo Facin Lavarda & Itzhak David Simão Kaveski & Valmor Slomski & Ronaldo Frois de Carvalho & Ana Lucia Fontes de Souza Vascon, 2024. "Environmental Factors, Personal Factors, and the Entrepreneurial Intentions of University Students from the Perspective of the Theory of Planned Behavior: Contributions to a Sustainable Vision of Entr," Sustainability, MDPI, vol. 16(13), pages 1-23, June.
    6. Batista-Canino, Rosa M. & Santana-Hernández, Lidia & Medina-Brito, Pino, 2024. "A holistic literature review on entrepreneurial Intention: A scientometric approach," Journal of Business Research, Elsevier, vol. 174(C).
    7. Evila Piva & Massimiliano Guerini, 2023. "The impact of the COVID-19 pandemic and pandemic-related policies on new firm creation: an analysis of the Italian case," Small Business Economics, Springer, vol. 60(3), pages 1009-1031, March.
    8. Delia-Mihaela BORS & Oana-Adriana GICA, 2024. "Young Female Entrepreneurial Orientation In A Context Of Crisis. The Case Of A Developing Country," Oradea Journal of Business and Economics, University of Oradea, Faculty of Economics, vol. 9(1), pages 72-86, March.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Genshu Lu & Yaping Song & Bingchao Pan, 2021. "How University Entrepreneurship Support Affects College Students’ Entrepreneurial Intentions: An Empirical Analysis from China," Sustainability, MDPI, vol. 13(6), pages 1-25, March.
    2. Anca-Otilia Dodescu & Elena-Aurelia Botezat & Alexandru Constăngioară & Ioana-Crina Pop-Cohuţ, 2021. "A Partial Least-Square Mediation Analysis of the Contribution of Cross-Campus Entrepreneurship Education to Students’ Entrepreneurial Intentions," Sustainability, MDPI, vol. 13(16), pages 1-26, August.
    3. Dawoud Almohammad & Omar Durrah & Taher Alkhalaf & Mohamad Rashid, 2021. "Entrepreneurship in Crisis: The Determinants of Syrian Refugees’ Entrepreneurial Intentions in Turkey," Sustainability, MDPI, vol. 13(15), pages 1-16, August.
    4. Evelien Croonen & Hans van Der Bij & Rozenn Perrigot & Assaad El Akremi & Olivier Herrbach, 2022. "Who wants to be a franchisee? Explaining individual intentions to become franchisees," Post-Print hal-03281669, HAL.
    5. Douglas, Evan J. & Shepherd, Dean A. & Venugopal, Vidhula, 2021. "A multi-motivational general model of entrepreneurial intention," Journal of Business Venturing, Elsevier, vol. 36(4).
    6. Calza, Francesco & Cannavale, Chiara & Zohoorian Nadali, Iman, 2020. "How do cultural values influence entrepreneurial behavior of nations? A behavioral reasoning approach," International Business Review, Elsevier, vol. 29(5).
    7. Ricardo Figueiredo Belchior & Roisin Lyons, 2021. "Explaining entrepreneurial intentions, nascent entrepreneurial behavior and new business creation with social cognitive career theory – a 5-year longitudinal analysis," International Entrepreneurship and Management Journal, Springer, vol. 17(4), pages 1945-1972, December.
    8. Batista-Canino, Rosa M. & Santana-Hernández, Lidia & Medina-Brito, Pino, 2024. "A holistic literature review on entrepreneurial Intention: A scientometric approach," Journal of Business Research, Elsevier, vol. 174(C).
    9. Jeffery S. McMullen & Katrina M. Brownell & Joel Adams, 2021. "What Makes an Entrepreneurship Study Entrepreneurial? Toward A Unified Theory of Entrepreneurial Agency," Entrepreneurship Theory and Practice, , vol. 45(5), pages 1197-1238, September.
    10. Aurora A. C. Teixeira & Rosa Portela Forte, 2017. "Prior education and entrepreneurial intentions: the differential impact of a wide range of fields of study," Review of Managerial Science, Springer, vol. 11(2), pages 353-394, March.
    11. Ali Saleh Alshebami, 2022. "Psychological Features and Entrepreneurial Intention among Saudi Small Entrepreneurs during Adverse Times," Sustainability, MDPI, vol. 14(13), pages 1-15, June.
    12. Evan Douglas & Jason Fitzsimmons, 2013. "Intrapreneurial intentions versus entrepreneurial intentions: distinct constructs with different antecedents," Small Business Economics, Springer, vol. 41(1), pages 115-132, June.
    13. Amanda Bullough & Maija Renko & Tamara Myatt, 2014. "Danger Zone Entrepreneurs: The Importance of Resilience and Self–Efficacy for Entrepreneurial Intentions," Entrepreneurship Theory and Practice, , vol. 38(3), pages 473-499, May.
    14. Hyewon Kong & Seungyoup Choo, 2022. "Gender Differences in the Relationship Between Achievement Motivation and Entrepreneurial Intention: A Conditional Process Model of Entrepreneurship and Gender," SAGE Open, , vol. 12(2), pages 21582440221, May.
    15. Davide Antonioli & Francesco Nicolli & Laura Ramaciotti & Ugo Rizzo, 2016. "The Effect of Intrinsic and Extrinsic Motivations on Academics’ Entrepreneurial Intention," Administrative Sciences, MDPI, vol. 6(4), pages 1-18, November.
    16. Ibrahim Al-Jubari & Arif Hassan & Francisco Liñán, 2019. "Entrepreneurial intention among University students in Malaysia: integrating self-determination theory and the theory of planned behavior," International Entrepreneurship and Management Journal, Springer, vol. 15(4), pages 1323-1342, December.
    17. Nabil Al-Qadasi & Gongyi Zhang & Ibrahim Al-Jubari, 2021. "Attitude of youth towards self-employment: Evidence from university students in Yemen," PLOS ONE, Public Library of Science, vol. 16(9), pages 1-20, September.
    18. Carlos Bazan & Hannah Gaultois & Arifusalam Shaikh & Katie Gillespie & Sean Frederick & Ali Amjad & Simon Yap & Chantel Finn & James Rayner & Nafisa Belal, 2020. "A systematic literature review of the influence of the university’s environment and support system on the precursors of social entrepreneurial intention of students," Journal of Innovation and Entrepreneurship, Springer, vol. 9(1), pages 1-28, December.
    19. Jana Schmutzler & Veneta Andonova & Luis Diaz-Serrano, 2019. "How Context Shapes Entrepreneurial Self-Efficacy as a Driver of Entrepreneurial Intentions: A Multilevel Approach," Entrepreneurship Theory and Practice, , vol. 43(5), pages 880-920, September.
    20. Douglas, Evan & Prentice, Catherine, 2019. "Innovation and profit motivations for social entrepreneurship: A fuzzy-set analysis," Journal of Business Research, Elsevier, vol. 99(C), pages 69-79.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jijerp:v:17:y:2020:i:15:p:5293-:d:388259. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.