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This paper discusses entrepreneurial intention as originating from two discrete, inter-regulating psychological states, motivation and volition, in pursuits of distant venturing goals. The dependencies and tendencies of these two states are represented by a cross-lagged panel model with random intercepts (RI-CLPM) that can capture motivation-volition spillover as well as longitudinal carry-over effects in a timespan of four entrepreneurial action episodes. The RI-CLPM comprises three model components, namely the measurement of factorial structures, auto-correlated panel dynamics, and a causal pathway associated with distant entrepreneurial goals. In addition, the RI-CLPM is an integrated panel model that can estimate all relational effects simultaneously. One hundred and sixty-three entrepreneurial fledglings provided the data over eight months in 2020. The analytic findings offer insight into entrepreneurs’ consciousness over controlling the motivation-volition spillover attributed to perseverance, expediency, and sensitivity to market demands in a long-term venturing journey. |
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