Article 2025

Analysing the influence of entrepreneurship on entrepreneurship intention: a moderating effect of atychiphobia (fear of failure)

AO
Anaba, Oswin Aganda
 AB
Asunka, Benjamin Azembila
 AE
Ayamba, Emmanuel Caesar
 AC
Akaligang, Christopher
 AB
Adongo, Benjamin
International Journal of Management and Enterprise Development
Journal · Vol. 24 · Issue 4 · pp. 422-451
Abstract

This study looked into how the dimensions of entrepreneurship and atychiphobia affect entrepreneurial intention in a startup-friendly environment. The survey was conducted among owners and managers of small businesses. A total of 246 survey responses were used for the analysis. The variables were measured using a 7-point Likert scale. The moderating effect of atychiphobia was validated by dividing it into three dimensions: phobia of financial loss, phobia of psychological loss, and phobia of career loss. As a result, proactiveness and risk-taking were found to be positively significant in relation to entrepreneurial intention, however innovativeness was not significant. The correlation between the variables was relatively high. The findings suggested that the dimensions of atychiphobia (phobia of financial loss, phobia of psychological loss, and phobia of career loss) had no moderating effect between entrepreneurial orientation and entrepreneurial intention. Policy implications were therefore suggested based on the study findings. © © 2025 Inderscience Enterprises Ltd.

Keywords

Author Keywords

entrepreneurship Entrepreneurial intention Entrepreneurship orientation atychiphobia EI EO moderation effect

Index Keywords

Author Affiliations
Department of Liberal Studies, Bolgatanga Technical University, Sumbrungu, Ghana
Department of Marketing, Bolgatanga Technical University, Sumbrungu, Ghana
Department of Procurement and Logistics Management, Bolgatanga Technical University, Sumbrungu, Ghana
AIM Preparatory School, Bolgatanga, Ghana
Funding & Acknowledgements
No funding information
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