Abstract

This study explores how the determinants of entrepreneurial intentions vary with age of the respondent in the context of the working-age adult population in Finland. The theoretical foundation of this analysis is based on Ajzen’s (1991) Theory of Planned Behavior (TPB). The TPB is based on the idea that intentions have three conceptually independent antecedents: attitude toward the behavior, subjective norm, and perceived behavioral control (Ajzen, 1991). The relative importance of the three antecedents is likely to vary from one population and from one context to another. Because previous studies have mostly relied on student populations, our knowledge about the relative importance of the three antecedents remains very limited in the context of general population. In summary, we argue that both the relative importance of the antecedents of the TPB vary with age. We investigate (i) whether the level of entrepreneurial intentions varies as a function of age, and (ii) whether the relative importance of the three antecedents of intentions varies as a function of age.

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