Research indicates that new business ventures emerge because of planned, purposeful choices made by entrepreneurs (Krueger, Reilly, & Carsrud, 2000; Shaver & Scott, 1991). Studies based on the theory of planned behavior, introduced by Ajzen (1987; 1991) draw ties between entrepreneurial intentions and action or behaviors directed at entrepreneurship. Based on the outcomes of this research, it is generally accepted within the entrepreneurship literature that individuals exhibiting strong entrepreneurial intent are more inclined to move beyond the “intent” phase to actually engage in entrepreneurial activities, such as developing a business plan, obtaining a business license, seeking customers, and attracting suppliers