The purpose of this paper is to determine the factors that affect Islamic entrepreneurial intentions. Specifically, how do prior experience, empathy, moral obligation, self-efficacy and perceived behavioral support affect entrepreneurial intentions based on Islamic principles?
To answer this question, three theoretical frameworks using the theory of planned behavior (TPB), the theory of bounded rational planned behavior (TBRPB) and the theory of social entrepreneurship as its basis were established. Using measurement scales created to assess different aspects of the constructs, a survey instrument was developed to test the various relationships implied by those frameworks.
The findings of the study revealed that among the five factors prior experience and self-efficacy are the most important factors to affect Islamic entrepreneurial intentions.
From a research perspective, the study results establish the robustness of the TPB, TBRPB and the social entrepreneurial intention model for helping to explain Islamic entrepreneurial intention behavior.
The practical implications of these results suggest that efforts aimed at increasing Islamic entrepreneurial activity may want to consider the variables studied in this paper. Both interested policymakers and academics cherishing to encourage Islamic, as well as conventional entrepreneurial activity, can take away that Islamic entrepreneurial self-efficacy and prior experience are deemed to be the most important measures.
The findings from this paper suggest that the organizations could tend to promote Islamic entrepreneurial intentions in society through a special emphasis on the antecedents discussed in this paper.
It is vital to keep in mind that the measure for Islamic entrepreneurial self-efficacy used in this study differed from the usual constructs for self-efficacy.
