Publication type: Article in scientific journal
Type of review: Peer review (publication)
Title: Entrepreneurship education and intention to start a business : the moderating role of cognitive biases
Authors: Thomas, Oliver
Wulf, Torsten
et. al: No
DOI: 10.1504/IJEV.2019.10021564
Published in: International Journal of Entrepreneurial Venturing
Volume(Issue): 11
Issue: 5
Page(s): 413
Pages to: 439
Issue Date: 2019
Publisher / Ed. Institution: Inderscience
ISSN: 1742-5360
1742-5379
Language: English
Subjects: Cognitive bias; Entrepreneurial intention; Planning fallacy; Venture creation
Subject (DDC): 338: Production
Abstract: Entrepreneurship education has been introduced and promoted at many universities throughout the world with the aim of fostering economic growth and employment. However, research has shown only weak effects of entrepreneurship education programs on participants’ intentions to start a business, which has given rise to a debate about the effectiveness of such programs. Accordingly, researchers have called for consideration of variables that might moderate this relationship. This study attempts to fill this gap by examining the effect of three cognitive biases as possible moderators of the relationship between entrepreneurship education and entrepreneurial intentions: overoptimism, overconfidence, and the planning fallacy. The results indicate that overoptimism and the planning fallacy moderate the effects of entrepreneurship education. The study also shows that entrepreneurship education has a significant, positive impact on entrepreneurial intentions. Our results have implications for entrepreneurship education scholars, university managers, and developers of entrepreneurship programs.
URI: https://digitalcollection.zhaw.ch/handle/11475/18344
Fulltext version: Published version
License (according to publishing contract): Licence according to publishing contract
Departement: School of Management and Law
Appears in collections:Publikationen School of Management and Law

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Thomas, O., & Wulf, T. (2019). Entrepreneurship education and intention to start a business : the moderating role of cognitive biases. International Journal of Entrepreneurial Venturing, 11(5), 413–439. https://doi.org/10.1504/IJEV.2019.10021564
Thomas, O. and Wulf, T. (2019) ‘Entrepreneurship education and intention to start a business : the moderating role of cognitive biases’, International Journal of Entrepreneurial Venturing, 11(5), pp. 413–439. Available at: https://doi.org/10.1504/IJEV.2019.10021564.
O. Thomas and T. Wulf, “Entrepreneurship education and intention to start a business : the moderating role of cognitive biases,” International Journal of Entrepreneurial Venturing, vol. 11, no. 5, pp. 413–439, 2019, doi: 10.1504/IJEV.2019.10021564.
THOMAS, Oliver und Torsten WULF, 2019. Entrepreneurship education and intention to start a business : the moderating role of cognitive biases. International Journal of Entrepreneurial Venturing. 2019. Bd. 11, Nr. 5, S. 413–439. DOI 10.1504/IJEV.2019.10021564
Thomas, Oliver, and Torsten Wulf. 2019. “Entrepreneurship Education and Intention to Start a Business : The Moderating Role of Cognitive Biases.” International Journal of Entrepreneurial Venturing 11 (5): 413–39. https://doi.org/10.1504/IJEV.2019.10021564.
Thomas, Oliver, and Torsten Wulf. “Entrepreneurship Education and Intention to Start a Business : The Moderating Role of Cognitive Biases.” International Journal of Entrepreneurial Venturing, vol. 11, no. 5, 2019, pp. 413–39, https://doi.org/10.1504/IJEV.2019.10021564.


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