Journal of Entrepreneurship Research

Journal of Entrepreneurship Research

Predicting the Entrepreneurial Intention based on the Financial Intelligence Dimensions: A Study among Accounting Students

Document Type : Research Article

Authors
Nematollah Shiri 1
Behrooz Badpa 2
1 Department of Entrepreneurship and Rural Development, Faculty of Literature and Humanities, Ilam University, Ilam, Iran.
2 Department of Accounting, Faculty of Literature and Humanities, Ilam University, Ilam, Iran.
10.22034/jer.2024.2031156.1128
Abstract
Introduction: Exploring how students' entrepreneurial intention is formed has become a fundamental topic in management and educational planning research in the last few decades. An individual and personality characteristic that plays a significant role in strengthening entrepreneurial intention is financial intelligence, which has received very little attention in previous studies. High financial intelligence is necessary for entrepreneurship because entrepreneurs face financial challenges in creating new businesses and must make informed financial decisions. Therefore, the present research aims to investigate the role of financial intelligence dimensions in the development of entrepreneurial intention among Iranian accounting students. In addition, the moderating role of gender in the relationship between financial intelligence dimensions and entrepreneurial intention is investigated.
Methodology: The statistical population included all accounting students in Iran's higher education system, 252 of whom were sampled by simple randomization. Data were collected with a standard online questionnaire in the form of a five-point Likert scale. The construct validity (convergent and diagnostic validity) of the questionnaire was checked by a panel of entrepreneurship, financial management, and accounting experts. Also, Cronbach's alpha coefficient (α) and composite reliability were used to measure its reliability. Data was analyzed using the structural equation modeling approach with the SPSS and SmartPLS software packages.
Findings: The results at the 95% confidence level showed that the dimension of saving intelligence had a positive and significant effect on the entrepreneurial intention of accounting students, but the effects of the dimensions of spending and money-giving intelligence were not confirmed. In addition, the multigroup analysis (MGA) revealed that gender moderated the effect of the spending and money-giving dimensions on entrepreneurial intention among Iranian accounting students such that the impact of the spending dimension of financial intelligence on entrepreneurial intention was greater in female students than in males, and the effect of the money-giving dimension of financial intelligence on entrepreneurial intention was greater among boys than among girls. The MGA results did not validate the moderating role of gender in the relationship between the saving dimension of financial intelligence and entrepreneurial intention.
Conclusion/ Implications: The research results clarified the role of financial intelligence dimensions in strengthening the entrepreneurial intention of students, so researchers and governmental and educational policymakers can use the theoretical and practical findings of this study. In fact, the present research contributes to developing the entrepreneurship literature by revealing the effectiveness of the financial intelligence dimensions in entrepreneurial intention as well as the gender differences in the context of the relationship between the dimensions of financial intelligence and entrepreneurial intention. In addition, it is suggested that government and educational policymakers include the methods of saving and managing income and expenses, financial budgeting, and improving financial skills in the curricula of the educational courses and subjects. Furthermore, given the gender differences in the effects of financial intelligence on entrepreneurial intention among students, it is necessary to design and implement financial and entrepreneurship education taking into account different motivations, goals, and spirits of girls and boys.
Keywords
Financial Intelligence
Entrepreneurial Intention
Gender Analysis
Higher Education

Subjects

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  • Receive Date 04 June 2024
  • Revise Date 08 June 2024
  • Accept Date 12 June 2024