Influence of Entrepreneurial Perceived Risk and Perceived Family Support on Entrepreneurial Intentions: Moderating Role of Gender

Abstract

The purpose of the study is to evaluate the role of perceived entrepreneurial risk and perceived family support on an individual's entrepreneurial intention, and to examine how those factors are further moderated by gender. This is Descriptive research Researchers utilized a cross-sectional design with exposure and outcome constraints. There are 120 people who have their entrepreneurial intentions assessed by using a process-based perspective; since determining these intents requires people's perceptions of their current backgrounds, samples of students, employed people, and unemployed people were selected and analysed using PLS-SEM. Individuals who believe they have the support of their families are more likely to start their own business than those who don't have a family. Additionally, this study confirms the crucial role that parental support has in encouraging entrepreneurial objectives by evaluating the potential external influence that people's perceptions of family support have on their entrepreneurial goals. The notion that genders moderates the link between entrepreneurial perceived risk and entrepreneurial intention is irrelevant because there are no differences in risk propensity between men and women who wish to be entrepreneurs. Extensive research work has been done in the context of entrepreneurial intention. The study is a novel attempt to test the effects of perceived family support and entrepreneurial perceived risk on entrepreneurial intention among students, employed as well as unemployed individuals. The results will be very much useful for future research and will extend the body of academic literature.