The effect of hope and attitude in the long run as determinants of the entrepreneurial intention of Guayaquil residents: A generational study

Abstract

Entrepreneurship is a source of development and innovation for countries, especially for emerging countries. Therefore, the present study aims to determine the effect of hope and long-term attitude on entrepreneurial intention, by means of a quantitative study to understand the significant evidence between generations. To achieve this, a questionnaire was developed that integrated the Dispositional Hope Scale and the Start-up Intentions Questionnaire (SuIQ). From this, 435 valid and complete records were obtained, to which a confirmatory factor analysis (CFA) and the structural equation method (SEM) were applied. The results obtained showed that hope, as a cognitive trait of personality, directly affects entrepreneurial intention. In addition, Millennials and Generation Z have a very positive attitude regarding the intention to start and maintain their businesses in the long term. Therefore, the life of companies is expected to be more durable.