Cross-national Dataset on Psychological, Cognitive, and Contextual Factors of Entrepreneurial Behavior in Business Students

TL;DR

This study examines factors influencing entrepreneurial behavior in university students across five Latin American countries, identifying key predictors and suggesting curriculum adaptations.

Contribution

The paper introduces a cross-national dataset and identifies distinct predictors for entrepreneurial intention and action phases.

Findings

Entrepreneurial attitude, self-efficacy, and empathy significantly predict entrepreneurial intention.

Self-awareness and entrepreneurial attitude explain the discovery phase of entrepreneurial action.

Financial knowledge and emotional well-being are key in the exploitation phase.

Abstract

The study explores the factors that influence entrepreneurial intention and action among university students in five Latin American countries, integrating correlation analyses, multiple regressions, and visualizations through Raincloud Plots. Although numerous emotional, cognitive, and contextual profile variables were measured, this report presents only those that showed significant differences between countries or were identified as relevant predictors of entrepreneurial intention and action. Key variables such as entrepreneurial attitude, self-efficacy, entrepreneurial action in its discovery phase, university training, and empathy were identified as significant predictors of entrepreneurial intention. Self-awareness, self-efficacy, and entrepreneurial attitude explained the discovery phase. In contrast, financial knowledge, emotional well-being, flow at work, self-efficacy, and low cognitive load were determinants in the exploitation phase. The findings highlight the need for an adaptive curriculum that incorporates emotional competencies, training pathways differentiated by entrepreneurial stage, and support strategies that include mentoring, early diagnosis, and well-being management.

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