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Volume 8 Issue 3 2022

Hybrid Entrepreneurial Intention through the Lens of Entrepreneurial Event Theory
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Faizah Mashahadi, Razmah Mahmod2, Syed Ashrene Syed Omar

Hybrid entrepreneurship allows individuals to venture into a business while simultaneously retaining their salaried job. The phenomenon is commonly found across the globe. However, research about hybrid entrepreneurial intention is still at an evolving stage. The main objective of this study is to reveal the relationship between perceived desirability and perceived feasibility toward hybrid entrepreneurial intention. Questionnaires were distributed to working individuals using a convenience sampling method. The study successfully collected 177 valid responses and the data were analyzed by using partial least square-structural equation modeling (PLS-SEM4.0). The findings revealed that perceived desirability and perceived feasibility played significant roles in modeling hybrid entrepreneurial intention. The paper extends the current knowledge on hybrid entrepreneurial intention by analyzing the effect of perceived desirability and perceived feasibility based on entrepreneurial event theory (EET). The practical implications of these findings are: (i) support from multiple institutions is essential as encouragement for working communities to embark on entrepreneurial activities; (ii) entrepreneurship programs for early-stage hybrid entrepreneurs must be created to equip the entrepreneurs with knowledge, skills, and perhaps networking opportunities

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