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Impulsivity traits and the rational cognitive process of entrepreneurship: empirical evidence from Vietnam

Xuan Hau Doan (National Economics University, Hanoi, Vietnam)
Trung Thanh Le (National Economics University, Hanoi, Vietnam)
Cong Doanh Duong (National Economics University, Hanoi, Vietnam)
Thi Phuong Linh Nguyen (National Economics University, Hanoi, Vietnam)
Duc Dung Tran (National Economics University, Hanoi, Vietnam)
Thi Phuong Hien Tran (National Economics University, Hanoi, Vietnam)

Asia-Pacific Journal of Business Administration

ISSN: 1757-4323

Article publication date: 25 June 2021

Issue publication date: 18 October 2021

529

Abstract

Purpose

This study aims to integrate predictions from clinical psychology and UPPS impulsivity with the theory of planned behaviors (TPB) to draw a conceptual framework and test the prediction that attention deficit hyperactivity disorder (ADHD) symptoms, impulsivity would contribute to the prediction of the reasoned cognitive process of entrepreneurship over and above key predictors from an extended TPB model.

Design/methodology/approach

This study utilized a sample of 2,482 students from 14 universities/institutes in Vietnam; confirmatory factor analysis was employed to test the validity and reliability. Then, regression analysis with PROCESS macro approach (5,000 bootstrap sample and 95% confidence interval) was employed to estimate the association paths and multiple mediators.

Findings

The study reveals that ADHD symptoms and impulsivity substantially contribute to the exploration of an entrepreneurial intention throughout TPB predictors, with those higher in ADHD symptoms and impulsivity having higher intentions to engage in business venturing. Moreover, UPPS impulsiveness might valuably be incorporated with TPB predictors while predicting behaviors that are often examined as the process of rational cognitive strategies business venturing.

Practical implications

This study showed that a start-up business can be seen as a career choice for students who exhibit extensive ADHD symptoms to use their talents effectively, thus contributing to creating value for society and improving personal well-being.

Originality/value

This article stood to make contributions to entrepreneurship literature by investigating the effects of ADHD symptoms, four impulsivity traits on an entrepreneurial intention via three precursors in TPB, including attitude toward entrepreneurship, subjective norms and perceived behavioral control.

Keywords

Acknowledgements

The authors would like to sincerely thank university students in Vietnam who participated in the survey. The article came into being within the project no. 278/QD-DHKTQD, financed by National Economics University, 2021.

Citation

Doan, X.H., Le, T.T., Duong, C.D., Nguyen, T.P.L., Tran, D.D. and Tran, T.P.H. (2021), "Impulsivity traits and the rational cognitive process of entrepreneurship: empirical evidence from Vietnam", Asia-Pacific Journal of Business Administration, Vol. 13 No. 4, pp. 497-519. https://doi.org/10.1108/APJBA-05-2021-0200

Publisher

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Emerald Publishing Limited

Copyright © 2021, Emerald Publishing Limited

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