Competing models of entrepreneurial intentions
Explanatory power for 2 well-established, intentions-based models in the context of entrepreneurial activity is compared. Specifically, regression models are used to compare both Ajzen's (1991) theory of planned behavior (TPB) and Shapero's (1982) model of the entrepreneurial event (SEE) in their ability to predict the intentions of undergraduate business students to start a small business. Significant statistical support is found for both models. Implications of formal intentions models for research, practice, and public policy are discussed.