Venezuelan migrants in Peru and their entrepreneurial intention during the Covid-19 pandemic

Abstract

Objective: The article aims to understand the influence of how attitude (ATT), the perception of country support (PCS) for entrepreneurship, and entrepreneurship self-efficacy (ESE) support entrepreneurial intention (EI) among Venezuelan migrants living in Peru. Research Design & Methods: In total, 305 migrants from Venezuela living in Peru completed the online ques-tionnaire. It contained 21 items that evaluated the variables to explain the EI. In the study, we employed the partial least squares structural equation modelling (PLS-SEM) technique. Findings: We found that ATT (0.591) and PCS for entrepreneurship (0.204) showed a direct and significant influence on ESE, while ESE showed a direct and significant influence (0.823) on the EI. The research model explained 67.7% of the EI. The analysis using bootstrapping technique showed the significance of the path coefficients. Implications & Recommendations: Current research showed the effect of ATT and PCS on ESE, which governments and organizations can use to create plans to promote entrepreneurship among migrants. Contribution & Value Added: Governments can use the study results to develop and improve new regulations to encourage entrepreneurship. The novelty of this study is the use of the PLS-SEM technique.