Perceptions of formal and informal financing sources as a predictor of female university students’ entrepreneurial intentions

• Alejandro Campos-Sánchez ^[1] ; Citlalli Rocío Flores-Rodríguez ^[1] ; Gloria Yaneth Zápari-Romero ^[1]
  1. [1] Universidad de Guadalajara

     Universidad de Guadalajara

     México

     
• Localización: European Research on Management and Business Economics, ISSN 2444-8834, Vol. 31, Nº. 3, 2025, págs. 65-75
• Idioma: inglés
• DOI: 10.1016/j.iedeen.2025.100289
• Enlaces
  • Texto completo
• Resumen

  • This research aims to demonstrate how the female university students’ perceptions of the two main categories of financing—formal and informal—can influence their entrepreneurial intentions. Analyzing data collected through a custom-designed instrument grounded in existing literature via a structural equation modeling (SEM) approach, the study draws on a sample of 473 female university students from a public university in Mexico. The findings reveal that perceptions of the importance, accessibility, and convenience of formal financing sources—such as bank loans, government credit programs, and other institutional financial services—exert a stronger influence on entrepreneurial intentions than perceptions of informal financing sources—such as loans from family or friends, non-institutional angel investors, and informal lenders such as loan sharks.

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