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Analyzing the impact of psychological capital on the entrepreneurial intentions of students through mediating role of individual expectancy using PLS-SEM

Anoop Kumar et al.

International Journal of Social Economics2025https://doi.org/10.1108/ijse-03-2024-0252article
AJG 1ABDC B
Weight
0.46

Abstract

Purpose The main impetus of the present analysis is to inspect the effect of psychological capital (PsyCap) on entrepreneurial intentions (EI) amongst college students and to test the mediation role of individual expectancy between PsyCap and EI. Design/methodology/approach The cross-sectional data of the university students enrolled in business management and engineering courses served as the foundation for the quantitative study design. To test the formulated hypothesis, PLS-SEM is utilized for analyzing the structural relationships between dependent and independent variables. Findings The results indicate that PsyCap significantly impacts the EI of collegiate students pursuing engineering and management courses. However, individual expectancy plays a partial mediating role between the PsyCap and EI of college students. Research limitations/implications This research provides an assessment of the effect of PsyCap on the EI of college students with the partial mediating effect of individual expectancy. The findings deliver the enhancement of the EI literature. Practical implications The study outcomes are helpful to educators, university administrators, curriculum developers and entrepreneurial policy planners to realize the role of individual expectancies of students’ entrepreneurs on their EI. Social implications The student entrepreneur community recognizes that individual students with stronger levels of entrepreneurial PsyCap having further probability tend to become future entrepreneurs. Originality/value The present analysis is original and holds novelty in the form of the mediating role of individual expectancies between PsyCap and EI of students.

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https://doi.org/https://doi.org/10.1108/ijse-03-2024-0252

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@article{anoop2025,
  title        = {{Analyzing the impact of psychological capital on the entrepreneurial intentions of students through mediating role of individual expectancy using PLS-SEM}},
  author       = {Anoop Kumar et al.},
  journal      = {International Journal of Social Economics},
  year         = {2025},
  doi          = {https://doi.org/https://doi.org/10.1108/ijse-03-2024-0252},
}

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Evidence weight

0.46

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.37 × 0.4 = 0.15
M · momentum0.60 × 0.15 = 0.09
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.