ICBR-2021 (4th)

Permanent URI for this collectionhttp://192.248.9.226/handle/123/16839

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Motivation of lecturers at state universities in Sri Lanka a case study with reference to university of Sri Jayawardenepura, Sri Lanka
(Business Research Unit (BRU), 2021-12-03) Sellahewa, WN; Samarasinghe, TD
There are number of researches have been conducted related to motivation in different countries with reference to various professions. Here, the researcher was interested to conduct this study with reference to the motivation of lecturers at state universities in Sri Lanka. By conducting this research, it will be able to identify the factors affecting to motivation of the academics and it will be beneficial for increasing the motivation on career of academics. In this study both male and female academics has considered. Motivated staff will contribute more to the university. Then it is expected that, with the recommendations that are expected to be provided based on the findings of this study, would be more beneficial for improving their performance and productivity. The current study has been conducted as a case study with reference to the University of Sri Jayewardenepura (USJP) Sri Lanka. Study population of this study is all the academics in USJP. The size of the sample was 20 and the sample has been selected randomly. The sample represented four focus groups. Each focus group consists five academic members. By using In-depth focus group discussions, primary data were collected. Duration of each discussion was 30 minutes to 45 minutes for each focus group. The questions asked at the focus group discussions followed a semi-structured questionnaire. Secondary data were collected using journals, documents and records of internet and previous researches. Gathered data has been analyzed qualitatively using content analysis technique. According to this study, the factors drive academic members at University of Sri Jayewardenepura towards the motivation were identified as remuneration, freedom, advancements and recognition.
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A Preliminary study on the positive and negative aspects of working from home during the corona pandemic
(Business Research Unit (BRU), 2021-12-03) Sellahewa, WN; Samarasinghe, TD; Samarasinghe, NK
Work from home can be regarded as the panacea for existing many of the industries during Covid-19 pandemic. The focus of the research is to identify the positive and negative aspects of working from home during covid-19 pandemic. As a result, many employees started working from home (WFH). Several countries today have made WFH a policy priority. This current situation provides a clear perspective on working from home. This research explores the ongoing experience of employers and employees in Sri Lanka. The current study is categorized under descriptive type of a study. Google survey were distributed and virtual meetings were held to accumulate data for the study. Study population of the current study is all the employees have working from home experience at Badulla district. As this is a preliminary study, the google survey was distributed among 60 employees. This contemplates if WFH is projected to be an impermanent solution in unique conditions or if it may be made permanent by analysing the impact of negative and positive aspects of the WFH.
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Can spirituality drive sustainable consumption intention?
(Business Research Unit (BRU), 2021-12-03) Rasanjalee, RMKS
The climate change and environmental depletion has made sustainable consumption a rising area of investigation with the purpose of understanding the factors influencing such phenomenon. Nevertheless, with the external factors such as infrastructural, institutional and policy changes have been recognized as insufficient, there does not exist a concrete consensus on which factors may drive an individual towards sustainable consumption. Hence, the present paper aims to examine possible factors which may have an influence on sustainable consumption intention incorporating spirituality through the contribution of Theory of Planned Behaviour and the Social Cognitive Theory of Moral Agency. A cross sectional survey was conducted in the study with a sample of 250 urban-educated consumers in the Colombo District using a convenience sample. The data collection was conducted with a self-administered questionnaire while Structural Equation Modelling (SEM) with AMOS was utilized for the analysis. The findings revealed a positive impact from both attitude towards sustainable consumption and perceived behavioral control on sustainable consumption intention. In contrast, subjective norms were recognized as statistically insignificant in its impact. Spirituality was revealed with a positive impact on attitudes towards sustainable consumption leading to sustainable consumption intention. Thus, this study contributes to the enhancement of the prediction power of Theory of Planned Behavior with spirituality as a behavioral belief. Hence, the findings reflect that inner changes in an individual have the possibility that may drive sustainable consumption intention. The paper, therefore, concludes with the strong revelation that spirituality plays a major role in an individual, affecting the attitudes towards sustainable consumption, ultimately resulting in sustainable consumption intention. Further, the paper suggests the policymakers and environmental authorities on the importance of incorporating spirituality enhancement programs in driving an individual towards sustainable consumption.
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Effects of child’s pester power in the parent’s purchase decisions in relation to fast moving consumer goods market in Sri Lanka.
(Business Research Unit (BRU), 2021-12-03) Wasala, WMASM; Ravindran, N; Bandara, WASC; Pratheepan, T; Jayasuriya, NA; Munasinghe, AASN
For decades, the Pester Power of a Young Consumer has piqued interest, providing new areas of research for interested parties. The goal of this research is to look into the involvement of the kid in the decision-making process of parents in Sri Lanka's fast-paced consumer goods market. The study is based on a thorough review of the literature in the topic of interest, which included evaluating publications to find elements that contributed to the emergence of pester power. The exploratory discovery shows a concept indicator model that reveals three distinct factors: demographic, socio-psychographic, and informative. Due to the scarcity of factors being examined in the Asian region, notably in Sri Lanka, there is an empirical gap. More study is needed to validate the indicator model and learn more about the phenomenon's impact on parent purchasing behaviour. This is the first time a study like this has been carried out in the Sri Lankan market. Despite the fact that Sri Lanka has a very traditional culture that places a high value on group norms and social acceptance, confirming a collectivistic culture in which children are expected to be subservient, there is a new wave of incredibly energetic, more informed young children who make their own consumer decisions. The majority of empirical research focuses on children's increased participation in family purchases and their conversion into active consumers in a rapidly developing market in Southeast Asian countries.
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The Impact of human resources information system on non-executive employees’ performance with special reference to manufacturing industry
(Business Research Unit (BRU), 2021-12-03) Pushpasiri, GTTK; Pushpasiri, GTSY
The very purpose of the study was to determine the impact of Human Resource Information System (HRIS) on employee job performance. HRIS is a software or online solution for entering, tracking and storing data. Employee job performance, as it means, is the contribution of an employee to his/her organization. Most of the researches on this topic were conducted in Western Province of Sri Lanka especially in Colombo while this study is carried out in Southern Province. The descriptive research is based on the deductive approach adopted here. A quantitative method was used and questionnaire survey method was employed as the main data collection method. One of the well reputed manufacturing companies was selected to collect relevant data through a structured questionnaire. 85 full time employees were randomly selected from the southern region in Sri Lanka. Collected data were analysed using Alpha test, correlation and regression through IBM SPSS to understand the relationship between HRIS and employee performance. Time and attendance system, Training and development system, Performance Management system, Self- service system were used as the determinants of HRIS. According to the research findings, 4 dimensions of HRIS have positively influenced with employee performance.
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Financial retirement planning: a survey among provident fund contributing employees in a tertiary educational institution
(Business Research Unit (BRU), 2021-12-03) Alles, L.; Kumarapperuma, CU; Bazeer, FA; Wickramage, WKVD; Wickramasinghe, AACMD; Perera, RAM
This study investigates the retirement planning behavior of EPF contributing workers of Sri Lankan tertiary educational institutions, considering their awareness, concerns, attitudes, and accessible information of financial planning choices during the pandemic. This article focuses especially on provident fund contributing employees recognizing the necessity of financial retirement planning because they are not eligible for any government-provided pension plans. The study is being conducted in a Non-State Tertiary Educational Institute with over 300 faculty members, both academic and administrative. Data was gathered using an online questionnaire covering demographic and socioeconomic information, understanding of EPF-related information, accessible financial planning options, and employee concerns and attitudes toward retirement from 103 responses. The statistical methods used are descriptive statistics and Chi-square test, to summarize the given data set and to evaluate how likely is that the observed distribution is due to chance. The tool used to derive the results is STATA. According to the results, awareness, availability of financial planning options, concerns, and attitudes all have a significant impact on retirement financial planning.
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The Relationship between family supportive supervisor behavior and the work-family-conflicts of employees in logistics sector Sri Lanka
(Business Research Unit (BRU), 2021-12-03) Dilathmika, L; Randika, C; Dilantha, N; Wickramaarachchi, G; Dissanayake, A
Work-family conflict has been shown/highlighted in numerous studies to have a negative impact on both physical and psychological health with many consequences. Most jobs in the logistics sector requires working round the clock and involve high job pressure. Under these grounds, the employees in this sector require committing themselves more to work, therefore face work-life conflict which consequently this leads to family conflicts. This is mainly due to lack of time for family matters and subsequently leading to poor outcomes at the workplace as well. The purpose of this study is to identify the relationship between Family Supportive Supervisors Behavior and the Work-Family-Conflicts of employees in logistics sector Sri Lanka, thereby to provide them with the required level of assistance to overcome their Work-Family-Conflicts. This is a quantitative research and a total of 250 employees belonging to various sections of the logistics sector such as procurement, shipping, warehousing, customer service was surveyed using convenient sampling method. A questionnaire method was deployed as the data collection technique. Since excessive working hours and high work pressure are mostly associated with the logistics’ sector operations employees, the questionnaire was distributed mainly among them. The results suggest that employees in the logistics sector of Sri Lanka experience high level of Work-Family-Conflicts, as a result of not having the required level of assistance and attention from their immediate supervisors. Subsequently, results reveal that there is a negative relationship between Family Supportive Supervisors Behavior and the Work-Family-Conflicts of employees in logistics sector Sri Lanka. The study findings can provide the Logistics sector managers with a better understanding of the required relationship between their supervisors’ behaviors, to overcome the work-family-conflicts of the employees in the logistics sector.
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A Study on factors influencing brand reputation: with special reference to franchised fast-food restaurants in Colombo district
(Business Research Unit (BRU), 2021-12-03) Piumali, PLGSD; Hettiarachchi, HSS
Today fast-food culture is a strongly uprising trend in the world. However, those fast food are unhealthy for human life and most people have proved that in various ways. Nonetheless, these fast-food restaurants have a high brand reputation in the world as same as in Sri Lanka. Therefore, the purpose of this research is to identify the factors influencing the brand reputation of franchised fast-food restaurants in the Colombo District. The study observed food and service quality, brand effect, self-congruence, brand awareness, and brand association as the independent variables and brand reputation as the dependent variable. This is quantitative research. The questionnaire was distributed online and data were collected from 282 people who are going to the fast-food restaurants in the Colombo District under the convenience sampling method. Multiple linear regression analysis is used to analyze the hypothesis. The result is self-congruence, brand awareness, and brand association have impacted for the brand reputation and food and service quality and brand effect have not impacted on the brand reputation of franchised fast-food restaurants in Colombo District. Furthermore, this study has provided directions to the restaurants’ authority to enhance their reputation.
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A Comparative study of Sri Lankan and global retail banking customer behavior changes due to the Covid – 19 health crisis and responses by banks
(Business Research Unit (BRU), 2021-12-03) Panditaratne, S; Dilmi, M; Samarasiri, NC; Waas, P; Gunawardane, G
Organizations and consumers worldwide were caught off guard by the COVID-19 pandemic and banks and banking customers have been no exception. Research surveys across the world address several changes in retail banking customer behavior due to the crisis. Notable among these is a sharp decline in bank branch visits and an increase in adoption of digital (internet and mobile banking) interactions with banks. Related to these behavioral changes are challenges faced by certain customers, especially the older and rural customers in adopting to digital interactions, attitudes towards internet based mobile banking, trust in banks, and concerns about privacy and security. In addition to addressing threats imposed by this crisis to banks’ liquidity and profitability, retail banks have also had to address above aspects of retail banking customer behaviors. Banks actions reported include redesigning their customer service to ensure business continuity, customer communication strategies, aiding customers in use of internet and mobile banking, enhancing cyber security, promoting customer trust, restructuring operations and staff scheduling (including work from home), and addressing employee morale and emotional issues, and organizational culture issues. This paper will report findings of a survey of 119 Sri Lankan retail banking customers to ascertain their behavioral changes and attitudes due to the COVID -19 health crisis. Then it will present a survey of top and/or Operational Managers of the 12 most prominent banks in Sri Lanka to ascertain how banks handled the COVID – 19 crisis. These findings will then be compared to findings on retail bank customer behavior changes and bank responses in 27 other countries based on recent research papers and industry reports. The findings from this study were that Sri Lankan retail banking customers reduced physical contacts, and increased digital interactions, with their banks. They also found the change useful and easy to handle, thus leading them to trust the banks with the privacy and security of information resulting in overall satisfaction with the change. These findings are consistent with findings across the globe. It was also found that Sri Lankan banks are sufficiently addressing service continuance and safety of customers and employees with administrative changes comparable to actions by banks across the world. However, Sri Lankan banks, compared to banks across the world, have not established formal cybersecurity policies or programs, communication and educational programs for customers, programs to enhance employee morale and emotional issues, and addressed organizational culture issues although they seem to be aware of the significance of these issues. The paper will finally present certain recommendations for bank Managers and areas for further research.
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Ethical banking: will it be millennials choice?
(2021-12-03) Jayasekera, MAK De.S; Pushpakumari, MD
The business Banking has been blamed by many including Academia and Civil society for neglecting its Social-Environmental responsibilities. In their aspiration to make high financial gains, banking overlooked its responsibility to Society and Environment. Global Financial crisis made people to relook at the role played by banks. A public outcry had been developing demanding Banks to adopt Ethical practices in their business operations. To achieve sustainable development through finance industry requires a different banking model. Banks are required to move away from profit only mentally to socio- environmentally centered mentality. Banks must aim for triple bottom line. Need for an alternative banking model arose. Ethical Banking was preferred by many as the alternate model. The Concept of Ethical Banking revolves around the Economic, Social and Environmental responsibilities. Ethical banks seek progress in all three areas of Economy, Society and Environment. The Customer base of the present-day banks are being increasingly dominated by the Millennials generation. Their preferences are strongly influenced by their values. They are ethically oriented. Under these circumstances the main aim of this study is to examine whether Ethical Banking can be Millennials choice of banking model through a literature review. The significance of the study is to find out how Millennials will accept Ethical Banking as their chosen banking model, now and in the future.
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Effect of camel model on bank performance: with special reference to listed commercial banks in Sri Lanka
(Business Research Unit (BRU), 2021-12-03) Thisaranga, KDIU; Ariyasena, DLMNK
The banking sector has become a rapidly growing sector in the world recently and its financial soundness and performance are essential to the stable and sustainable economic growth of a country. This study investigated the effect of CAMEL parameters on both market-based performance and accounting-based performance of eight listed commercial banks in Sri Lanka for the period 2014-2019. This study has used secondary data from audited annual financial statements of the listed commercial banks. CAMEL model is the most popular method that calculates and evaluates a bank's performance and it includes Capital Adequacy, Assets Quality, Management Efficiency, Earning ability, and Liquidity status. Return on Equity (ROE) is used as an accounting-based performance indicator and Tobin's Q ratio is used as a market-based performance indicator. The finding reveals that Capital adequacy, Assets quality, and Liquidity status have a positive significant impact on market-based performance while other CAMEL indicators have an insignificant impact on market-based performance. Furthermore, Management efficiency is negatively related to accounting-based performance, and earning ability is positively related to accounting-based performance at a significant level while other CAMEL indicators have an insignificant impact on the accounting-based performance of commercial banks in Sri Lanka. The finding of this study is helpful to the stakeholders of the commercial banks in making appropriate managerial decisions efficiently and effectively.
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Quality of life (QoL) in university undergraduates in Sri Lanka
(2021-12-03) Wijayarathna, PL; Gamage, IG; Nimanthika, SHCN; Anasinghe, MN; Dunuwila, VR; Jayasooriya, S
Quality of Life (QoL) of university students remains an under studied topic that can raise problematic situations if not addressed properly. Many university students are immersed in an environment of high levels of stress due to academic workload and responsibility. The main objective of the study is to investigate the Quality of Life among Sri Lankan undergraduates using a cross-sectional analysis, among a sample of 165 undergraduates. The study analyzed the Quality of Life of state and non-state university undergraduates via four domains: Physical Health, Psychological Health, Social Relationships, and environmental Health. Data collection was done primarily through WHOQOL-BREF scale. The regression analysis test was used to analyze the relationship between the domains. Results indicate that the higher level of QoL reported by female undergraduates, out of the four domains that were investigated in the study and overall undergraduate’s psychological health seems to be better than other studied domains. When comparing the two university categories, the highest level of QoL was reported from non-state universities. Thus, it is evident that QoL serves as a powerful mediator in the relationship between the academic and social life of undergraduates in Sri Lanka. Eventually this research paper contributes to the literature pertaining to QoL of undergraduates where policies and implications are required to sustain their future.
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Interest of undergraduates towards forming an entrepreneurial venture: evidence from Sri Lanka.
(Business Research Unit (BRU), 2021-12-03) Menaka Gamage, DGMP; Pradeep Kumara, RHGW
University system is expected to contribute to the economy by producing entrepreneurs. In the context of Sri Lanka, even with the rise of entrepreneurship programmes and an increase in students following such programmes it is observed, the interest towards creating a business of their own is low. Therefore, it is vital that a developing country like Sri Lanka comprehends this issue and promotes entrepreneurship development. In the above backdrop, present study attempted to enlighten on the factors affecting the entrepreneurial intentions of the undergraduates involved in entrepreneurship programmes in the universities in Sri Lanka. Following the positivistic research philosophy and quantitative methodology, factors affecting to entrepreneurial intentions of undergraduates was investigated. The data was analysed by using the structural equation modeling approach to examine the model and tested the hypothesised relationships with AMOS. The findings of the study shed lights on the factors affecting entrepreneurial intention of undergraduates. Accordingly, findings of the study revealed that the undergraduate’s decision to start a business in future is affected by personality factors such as locus of control, need for achievement and external factors such as educational and relational support. This study has significant managerial implications particularly, for the university administrators in redesigning their curriculum and for the policy makers in the country to promote entrepreneurship among the undergraduates.
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Countering the economic crippler; analysis on prevention of money laundering law in Sri Lanka
(Business Research Unit (BRU), 2021-12-03) Patabendige, CLCM
As per the Financial Action Task Force (FATF), money laundering is the ‘processing of criminal proceeds to disguise their illegal origin to legitimize the ill-gotten gains of crime’. Money Laundering is a transnational crime and due to that fact, ascertaining the perpetrators is an arduous task. Consequently, convicting the perpetrators is hindered due to drawbacks in implementation of laws, scantiness in laws and ambiguities in the law. Money laundering is adverse to the economy as it promotes illegal trade such as drug smuggling and illegal firearms, it creates rapid economic growth but in the long run, the economy is distressed. Furthermore, the liberty and sovereignty of financial institutions are endangered and lead to tax evasion impinging government revenue. The research has attempted to identify money laundering as detrimental to the economy and the need for effective implementation of laws to counter money laundering. The objectives of the research are, to identify the impact of money laundering on the economy, to assess the legal framework relating to money laundering, to discuss the lacunae in the law relating to money laundering and to provide recommendations to rectify the lacunae relating to money laundering. The research seeks to answer the questions on what is the impact of money laundering on the economy, what the legal framework is relating to money laundering, what are the lacunae in the law relating to money laundering and what are the recommendations to rectify the lacunae relating to money laundering. The research is a doctrinal research which is also qualitative in nature. Research has given prominence to statutes and judicial precedents to arrive at results. Research has also been aided by secondary sources such as scholarly publications. In addition, research has shed light on the international legal context to enrich the research. In the end, research has proved that money laundering as detrimental to the economy and the need for effective implementation of laws to combat money laundering.
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Information extraction from Sri Lankan job advertisements via rule-based approach
(Business Research Unit (BRU), 2021-12-03) Bandara, RMHD; Gunasekara, HASS; Peiris, WADS; Wijekoon, WMHC; De Silva, TS; Hewawalpita, SGS; Rathnayake, HMSC
One of the major problems in the Sri Lankan labour market is the lack of availability of demand side information. This lack of information has created a gap between supply and demand of labour. Job advertisements provide a wide range of real-time information about aspects, such as skills and qualifications, that are in demand, though this information is largely unstructured and exists in many different formats. The objective of this research is to create a structured dataset of job vacancies in Sri Lanka using publicly available job advertisements. A total of 3500 images of job advertisements were scraped from Sri Lankan English newspapers and job websites and converted into text form using Optical Character Recognition (OCR). Next, a structured dataset was created by extracting information, applying a rule-based approach in the Natural Language Processing (NLP) domain, after which some basic insights on the labour market were derived. The creation of this kind of dataset could provide huge value to employers, job seekers and policymakers, providing up-to-date information on the skills and qualifications required in the job market.
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The Factors influencing on students’ choice of undergraduate research project
(Business Research Unit (BRU), 2021-12-03) Sellahewa, WN; Samarasinghe, TD
The purpose of the current study is to investigate the factors influencing on Students’ choice of the undergraduate research project in Sri Lanka. The main objective of the present study is to identify the factors influencing on Students’ choice of the undergraduate research project in Sri Lanka. This study has adopted a qualitative research strategy and convenience sampling method is used to select students from each university. Accordingly, 34 students contributed to this study. Primary data were collected using focus group discussions followed by a structured questionnaire. The first phase of this study was conducted in the University of Sri Jayewardenepura, Sri Lanka (USJ), a sample representing USJ. After that, the same research was expanded island wide covering all the state sector universities in Sri Lanka to fill the research gap which was realized in the same study. To ensure reliability, the current study has followed a different research methodology than the previous study. The findings of this study show that influencing on Students’ choice of the undergraduate research project in Sri Lanka self-efficacy, future ambition on career, consciousness, proficiency in English, ability to manage the time and the availability of resources and issues with mentoring. The results were almost the same as what the researchers derived previously attached to the case study conducted at USJ. Some implications for the decision-making bodies to improve the research choice among undergraduate students have also been proposed by the current study.
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Examining the influences of cognitive and conative perspectives on individual adaptive behavior
(2021-12-03) Hewavitharana, JL; Jayakody, GH
High percentage of mobile app users uninstall downloaded apps without continuing the usage. Moreover, empirical literature provides evidences on the importance of conative perspectives on adaptive behaviour. However, in light with Theory of Mind (TOM), Innovation Diffusion Theory (IDT) focuses only about cognitive perspectives and lacks incorporation of conative perspectives in understanding adaptive behaviour. Accordingly, the purpose of the study is to examine how cognitive and conative perspectives influence adaptive behaviour. Accordingly, quantitative research approach was adopted taking a sample of individual mobile app users who are in the age group of 21 to 30 years and use more than 60% of their digital time on mobile apps. The findings have revealed that cognitive, and conative perspectives of an individual user influence adaptive behaviour positively. Further, it can be identified that conceptualization of mobile app adaptive behaviour and developing a scale based on cognitive and conative perspectives to measure this construct is a significant research and theoretical implication of the current study.
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Factors affecting the level of stress among undergraduates in Sri Lanka with special reference to covid-19
(Business Research Unit (BRU), 2021-12-03) Madhusanka, AKP; Jayasuriya, NU; Ravishanka, MKU; Pothupitiya, SN; Weerarathna, RS; Dunuwila, VR
To combat the rapid spread of COVID-19 infections universities and higher educational institutes in Sri Lanka had to suspend all on campus activities and had to tranfer into online learning. This resulted in a swift change in undergraduates’ life style and they had to face many new challenges in their academics which created severe mental pressure. Therefore, the objective of the research is ‘to assess the factors influencing the level of stress among undergraduates in Sri Lanka’. The study looks into this mental pressure in terms of the stress levels of undergraduates which is considered to be the dependent variable whereas their online learning experience and university workload are the independent variables. The study takes a quantitative research approach as its primary data is collected through an online questionnaire created from Google Forms and answered by 384 undergraduates. The questionnaire provided data on the online experience and university workload variables and it included the DASS-21 scale (Depression Anxiety and Stress Scale) which measured the stress level of the undergraduates. Descriptive statistics was conducted on the data through the Microsoft Excel. Based on the data analysis, it was found that the stress levels of undergraduates were; 3% normal, 20% mild, 36% moderate, 21% severe and 20% extremely severe. Therefore, it could be said that 41% of undergraduates faced high stress levels that were beyond what is regular and it negatively affected to the way how they could face challenges and carry out their day to day lives. It should be noted that undergraduates appeared to have much higher stress levels as a result of the pandemic.
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The Effect of perceived university support and perceived institutional support on entrepreneurial intentions
(Business Research Unit (BRU), 2021-12-03) Abhayarathne, MHR
Despite efforts taken to nurture entrepreneurship among young graduates in Sri Lanka, graduates still tend to show greater preference for paid employment over self-employment. This phenomenon is true for both students passing out from business as well as non-business degree programmes. Recent studies on entrepreneurial intention indicates that the effect of contextual factors such as university support and institutional support for entrepreneurship could enhance the entrepreneurial activities among students. Thus, the current study explored the effect of perceived university support and perceived institutional support for entrepreneurship on an individual’s entrepreneurial intention. A sample of 234 immediately passed out students from Sri Lankan state universities took part in the study and data was analysed using structural equation modelling. Findings showed that both perceived university support as well as perceived institutional support have had a significant positive effect on entrepreneurial self-efficacy, while entrepreneurial self-efficacy had a significant positive impact on entrepreneurial intention. These findings revealed the importance of university support and institutional support to foster entrepreneurship among graduates in Sri Lanka. The study recommends practical implications for government policy makers and other stakeholders in higher education sector. Steps should be taken to improve university support for entrepreneurship beyond mere entrepreneurship education. Further, policy makers should create a favourable and supportive institutional environment in order to enhance student’s entrepreneurial intention.
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The Impact of social capital on exploratory innovation activities
(Business Research Unit (BRU), 2021-12-03) Weerawardane, SD
The inadequate use of social capital to improve exploratory innovation activities is a phenomenon observed amongst countries within the world. The previous literature states that social capital enhances the exploratory innovation activities. However, identification of the factors which enhance the effectiveness of the relationship at the individual level is limited. Hence, in response to the social capital theory and social network theory, this paper attempts to examine the effect of social capital and exploratory innovation activities by explaining network perspectives of social capital. The cross-sectional survey was conducted covering 250 managerial level employees employed within the IT sector. The network perspectives of social capital: Bonding, Bridging and Linking social capital was measured through structured self-administered questionnaire and was analyzed using Structured Equation Modelling through AMOS 21. The empirical data identified that the influence of network perspective social capital on exploratory innovation activities is positive and significant. Thus, the current study recommends in order to take the maximum advantage of the available social capital, the Managers must pay attention to the nature and strength of the networks.

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