Data set for The Influence of Gig Economy Growth on Entrepreneurial Intention Through Psychological and Competency Mechanisms

Description

The growing gig economy is reshaping the economy and offering new possibilities for entrepreneurship. But this area remains unexplored, however, about the effect of gig economy on entrepreneurial intention, especially in developing economies. Based on the Theory of Planned Behavior, Social Cognitive Theory, Human Capital Theory, and Resource Based View, this study constructs and verifies an integrated model that connects the growth of gig economy to entrepreneurial intention by the entrepreneurial motivation, entrepreneurial and professional competencies, entrepreneurial challenges, entrepreneurial self-efficacy, and entrepreneurial resource readiness. This study involved 263 gig workers from Bangladesh from which some data were collected and analyzed through Partial Least Squares Structural Equation Modeling (PLS-SEM). The results suggest that entrepreneurial motivation, competencies, challenges and self-efficacy are significantly improved as a result of the growth of the gig economy, while entrepreneurial intention and resource readiness are not directly affected. The entrepreneurial intention is strongly predicted by entrepreneurial motivation, competencies, and self-efficacy, but not by entrepreneurial challenges and resource readiness. Moreover, entrepreneurial competencies and self-efficacy play a significant intermediary role between the growth of the gig economy and entrepreneurial intentions. The study shows that the gig economy is basically a capability-development ecosystem that circumstantially encourages entrepreneurial aspirations by developing skills and increasing entrepreneurial confidence.

Institutions

• King Abdulaziz University

  Mecca Region, Jeddah

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