| dc.description.abstract | Lack of initial capital has long been reported as a prominent barrier for blooming
entrepreneurial start-ups. Contrary to that, crowdfunding is treated as a “magic hand” for
solving numerous financial demands of netizens. Yet, knowledge on crowdfunding has not tested for its capacity to affect start-up intentions. Based on Theory of Planned Behaviour (TPB), the present study primarily aimed at assessing the impact of Awareness of Crowdfunding (ACF) on Start-up
Intention (SI). Furthermore, the study intended to
ascertain the empirical evidences for the Parental
Influence (PI) and Internet Familiarity (IF) to drive
start-up intentions. Deductive reasoning
hypothesized a positive influence of ACF, PI, and IF
on SI. A quantitative inquiry tested the assumed
causality by deploying a field survey. Four
dimensions (security, service quality, convenience,
and personal network) measured the ACF, while two dimensions each measured the PI (Parent’s profession, & family background using internet). A sample of management interns was randomly drawn based on a management faculty of a state university of Sri Lanka (N = 236). A self-administrative questionnaire served as the data collecting tool in which a five-point Likert scale ranked the responses. Results of structural equation modelling on firmed the claims. Respondents’ awareness of crowdfunding and parental influence
ere significantly predicting the start-up intention of interns. Theoretically,
findings imply the potentiality of modelling awareness of crowdfunding as a predictor of startup intention. Further, findings empirically confirmed the predictive role of paternal influence towards start-up intention. | en_US |
