Mechanisms through which trust influences entrepreneurial intentions and behaviours
| Increasing self-efficacy | “An entrepreneur always carries an idea or an innovation in his pocket. The only thing that hinders his progress is support. Trust in a teacher is an initial planning element for the success of business ideas. It helps the entrepreneur to understand, exhibit his ideas and possibilities ahead”. – E12 “Without trust, I don’t think I would have the confidence even to do something like that”. – E10 “I reflect on the learnings that I have received from my lecturer. Trust emerges as the most important factor in developing my confidence. Based on this intuition, I have motivated myself in the journey of setting up a new venture”. – E5 |
| Encouraging initiative and risk taking | “I believe to achieve great success, one must have the courage to take risks. Even after knowing the competition in the market and the risks involved, I decided to go for it. My lecturer’s trust in me to take the correct decisions is one reason that I was confident about myself”. – E1 “My lecturer made us understand the beauty of taking risks in a new business. Apart from identifying potential risks, the lecturer also developed my understanding in preparing appropriate risk-mitigating strategies to minimise the risk’s impact on my businesses. – E5 “He motivated me to take the initiative so that I could get out of my social awkwardness and take a little step towards better communication. This actually has helped me a lot to reach the point of my career where I stand now”. – E2 “The university where I studied in Denmark, we had a Professor Peter. His way of teaching was entirely practical. . . . While working on the team, each one of us took accountability for what we did and made sure all the tasks we divided are completed on time. There were situations where we had to take initiative to get to the end of the project assigned to us”. – E5 “Without trust, I would not even have the confidence to make my decisions, let alone taking risks”. – E1 |
| Cultivating a broader perspective | “If I had no trust in the professor, I would have ended up doing something else. Maybe, like all others, end up in a full-time job where I would be working for somebody else. But due to the trust I had in this professor, I was able to think beyond the job and what I could do”. – E8 “One day, my teacher organised a group discussion on the topic “unemployment and its causes”. And the crux of the discussion resulted in reducing unemployment by finding solutions to the real-world problems by having an entrepreneurial mindset”. – E12 “My professor . . . thought that entrepreneurship is better than jobs, as it not only provides us a dream to achieve but also ensures more employment for the people in need. He always motivated us to set up a business and achieve our dreams, rather than work for someone else in an office” – E1 |
| Increasing self-efficacy | “An entrepreneur always carries an idea or an innovation in his pocket. The only thing that hinders his progress is support. Trust in a teacher is an initial planning element for the success of business ideas. It helps the entrepreneur to understand, exhibit his ideas and possibilities ahead”. – E12 |
| Encouraging initiative and risk taking | “I believe to achieve great success, one must have the courage to take risks. Even after knowing the competition in the market and the risks involved, I decided to go for it. My lecturer’s trust in me to take the correct decisions is one reason that I was confident about myself”. – E1 |
| Cultivating a broader perspective | “If I had no trust in the professor, I would have ended up doing something else. Maybe, like all others, end up in a full-time job where I would be working for somebody else. But due to the trust I had in this professor, I was able to think beyond the job and what I could do”. – E8 |
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