Breaking down entrepreneurial barriers: exploring the nexus of entrepreneurial behavior, innovation, and bank credit access through the lens of the theory of planned behavior

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F04130081%3A_____%2F25%3AN0000002" target="_blank" >RIV/04130081:_____/25:N0000002 - isvavai.cz</a>

Nalezeny alternativní kódy

RIV/61384399:31130/25:00060677

Výsledek na webu

<a href="https://link.springer.com/article/10.1007/s11365-024-01025-w" target="_blank" >https://link.springer.com/article/10.1007/s11365-024-01025-w</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1007/s11365-024-01025-w" target="_blank" >10.1007/s11365-024-01025-w</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Breaking down entrepreneurial barriers: exploring the nexus of entrepreneurial behavior, innovation, and bank credit access through the lens of the theory of planned behavior

Popis výsledku v původním jazyce

Access to finance is a primary concern for enterprises, serving as a critical component of tangible resources within the Resource-based View (RBV) framework and driving entrepreneurial activities globally. Bank credit stands as the preferred source of debt financing for enterprises, yet information asymmetry between lenders and borrowers poses significant credit obstacles. To address these challenges, we leverage the Theory of Planned Behavior (TPB), contending that entrepreneurs’ personal attitudes, perceived behavioral control, and subjective norms influence bank credit access. Additionally, we argue that innovation performance, an intangible resource within RBV, facilitates credit access by enhancing firms’ quality and creditworthiness from lenders’ perspectives. This paper aims to examine the relationships between TPB constructs, bank credit access, and innovation performance, as well as the mediating role of innovation performance, through an analysis of 1367 enterprises across diverse European countries. Our findings reveal that innovation performance fully and inconsistently mediates the relationships between personal attitude-credit access and subjective norm-credit access, as the direct impacts of personal attitude and subjective norm on bank finance are found to be insignificant and negative, respectively. These results underscore the pivotal role of innovation performance in linking entrepreneurial behaviors to credit access, contributing to the uniqueness of this research within the entrepreneurship literature. Moreover, our study emphasizes the need for training initiatives that foster innovative and entrepreneurial attitudes among firm executives, thereby facilitating easier credit access. As highlighted by our cross-cultural analyses, these implications extend beyond national borders, offering valuable insights for enhancing credit accessibility across diverse contexts.

Název v anglickém jazyce

Breaking down entrepreneurial barriers: exploring the nexus of entrepreneurial behavior, innovation, and bank credit access through the lens of the theory of planned behavior

Popis výsledku anglicky

Access to finance is a primary concern for enterprises, serving as a critical component of tangible resources within the Resource-based View (RBV) framework and driving entrepreneurial activities globally. Bank credit stands as the preferred source of debt financing for enterprises, yet information asymmetry between lenders and borrowers poses significant credit obstacles. To address these challenges, we leverage the Theory of Planned Behavior (TPB), contending that entrepreneurs’ personal attitudes, perceived behavioral control, and subjective norms influence bank credit access. Additionally, we argue that innovation performance, an intangible resource within RBV, facilitates credit access by enhancing firms’ quality and creditworthiness from lenders’ perspectives. This paper aims to examine the relationships between TPB constructs, bank credit access, and innovation performance, as well as the mediating role of innovation performance, through an analysis of 1367 enterprises across diverse European countries. Our findings reveal that innovation performance fully and inconsistently mediates the relationships between personal attitude-credit access and subjective norm-credit access, as the direct impacts of personal attitude and subjective norm on bank finance are found to be insignificant and negative, respectively. These results underscore the pivotal role of innovation performance in linking entrepreneurial behaviors to credit access, contributing to the uniqueness of this research within the entrepreneurship literature. Moreover, our study emphasizes the need for training initiatives that foster innovative and entrepreneurial attitudes among firm executives, thereby facilitating easier credit access. As highlighted by our cross-cultural analyses, these implications extend beyond national borders, offering valuable insights for enhancing credit accessibility across diverse contexts.

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

—

OECD FORD obor

50204 - Business and management

Projekt

—

Návaznosti

N - Vyzkumna aktivita podporovana z neverejnych zdroju

Rok uplatnění

2025

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

INTERNATIONAL ENTREPRENEURSHIP AND MANAGEMENT JOURNAL

ISSN

1554-7191

e-ISSN

1555-1938

Svazek periodika

21

Číslo periodika v rámci svazku

13

Stát vydavatele periodika

US - Spojené státy americké

Počet stran výsledku

35

Strana od-do

1-35

Kód UT WoS článku

001348891000001

EID výsledku v databázi Scopus

2-s2.0-85208743961