Measure for measure: Modeling entrepreneurial self-efficacy onto instrumental tasks within the new venture creation process

2005 ◽  
Vol 8 (2) ◽  
pp. 39-47 ◽  
Author(s):  
Jill Kickul ◽  
Robert S. D'Intino

We examine the various components of entrepreneurial self-efficacy within the entrepreneurship literature from a measurement perspective. Two published entrepreneurial self-efficacy instruments are tested and compared. Additionally, we study how self-efficacy relates with many of the tasks and roles identified within the entrepreneurial new venture life-cycle. Our study suggests relationships between self-efficacy, perceived skills, and abilities to manage a new venture, and entrepreneurial intentions to start a new venture. We discuss relationships between entrepreneurship research and university teaching and make specific suggestions on how further work on improving measurement in entrepreneurship will benefit both research and teaching effectiveness.

Author(s):  
Alexandra França ◽  
Orlando Lima Rua

The unpredictability of business activities means that entrepreneurs should find a way to adapt and embrace chance. The traditional and predefined process logic offers little support for today's complex and dynamic business environment. One tenet that shaped the direction of entrepreneurship research is the view that the entrepreneurial opportunity discovery and development is linear, systematic, and rational, that is, it is assumed that all factors are measurable and knowable. However, unknowable instances of coincidence, randomness, and chance factors can play a significant role in new venture creation. The authors propose that these factors point to the nonlinear and acausal phenomenon of chance. This research proposal intends to address entrepreneurs' alternative mechanisms, other than the classic formal planning model, to harness opportunities or overcome setbacks arising from chance. To achieve our purpose, the authors examine qualitative data drawn from entrepreneurial activity of Spain and Portugal.


2021 ◽  
Vol 9 (4) ◽  
pp. 1451-1460
Author(s):  
Noormalita Primandaru

The current condition of women in the Bantul Coast has low knowledge, skills, creative attitudes, and aspirations, which results in many women living in poverty. Therefore, women on the coast need to be empowered. Women's empowerment that needs to be done is empowerment in the economic field which is useful for overcoming poverty and education that is useful for developing organizational skills. This study aims to examine the effect of educational empowerment and economic empowerment on new venture creation and entrepreneurial self-efficacy as moderating variables in women on the Bantul coast. This research is expected to be able to provide additional empirical evidence to strengthen the concepts and theories regarding the factors that influence women's empowerment towards new venture creation and entrepreneurial self-efficacy and the application of these contents to the community. In terms of time dimension, this research is included in the cross-sectional research category. The sampling technique uses nonprobability sampling type purposive sampling. The sample in this study are women who are members of the Family Welfare Development (PKK) group in the coastal village of Bantul. The analytical model used is the Partial Least Square (PLS). The results of this study are the first effect of economic empowerment on new venture creation, the second is the effect of educational empowerment on new venture creation, and the third is entrepreneurial self-efficacy moderating the effect of education empowerment and economic empowerment on new venture creation.


2018 ◽  
Vol 56 (1) ◽  
pp. 204-218 ◽  
Author(s):  
Kannadhasan M. ◽  
Parikshit Charan ◽  
Pankaj Singh ◽  
Sivasankaran N.

Purpose The purpose of this paper is to examine the relationship of social capital with new venture creation, and whether self-efficacy plays a role in mediating the association between social capital and new venture creation. Design/methodology/approach Data were collected from 375 entrepreneurs through cross-sectional survey in India. The study used partial least square path modeling to assess the relationships among the variables. Findings Findings reveal that social capital is positively related to new venture creation. The association of social capital and new venture creation is fully mediated by entrepreneurs’ self-efficacy. Originality/value The role of social capital in the success of new venture creations through self-efficacy is useful to the potential entrepreneurs and people who facilitate new venture creation in Indian context.


2009 ◽  
Vol 33 (4) ◽  
pp. 965-988 ◽  
Author(s):  
Jeffrey E. McGee ◽  
Mark Peterson ◽  
Stephen L. Mueller ◽  
Jennifer M. Sequeira

A growing number of studies on entrepreneurial motivation, intentions, and behavior include entrepreneurial self–efficacy (ESE) as an explanatory variable. While there is broad consensus among researchers on the importance of including ESE in an intentionality model, there remain inconsistencies in the definition, dimensionality, and measurement of ESE. This study takes an important step toward refinement and standardization of ESE measurement. Within a new venture creation process framework, a multi–dimensional ESE instrument is developed and tested on a diverse sample that includes nascent entrepreneurs. Implications for entrepreneurship theory and entrepreneurship education are discussed.


2008 ◽  
Vol 34 (3) ◽  
Author(s):  
Boris Urban

In bringing the concept of expert scripts to bear upon the venture creation decision and following a script-scenario construction model the existence and degree of mastery of scripts are inferred from a selection of items consisting of paired script recognition and distracter cues. These cognition cues are then linked to motivation, operationalised with the general self-effcacy construct. Individuals with varying demographics who met qualifying criteria from an unrestricted range of businesses and industries (n = 161) were surveyed. Moderate support was found to consistently recognise and select statements that evidence expert entrepreneurial scripts. Associations with self-effcacy were modest, suggesting weak links between entrepreneurial cognition and motivation.


2020 ◽  
pp. 104225872093099 ◽  
Author(s):  
Per Davidsson ◽  
Jan Henrik Gruenhagen

We review new venture creation process research in leading journals over the past 30 years, applying a broad view of “process.” While we find a rich and varied literature with significant quantitative and qualitative growth, the review reveals considerable room for future contributions in this important area of entrepreneurship research. In an agenda building on review results, exemplary articles, and theory development advice from other sources, we discuss several types of such future contributions. We hope that our efforts can inspire emerging scholars, colleagues, research leaders, and institutional actors to contribute to a bright future for this core domain of entrepreneurship research.


Author(s):  
Jan Weiss ◽  
Tatiana Anisimova ◽  
Galina Shirokova

This article examines the moderating role of regional social capital in the intention–behaviour link in entrepreneurship. We investigate to what extent the regional social capital context in which aspiring entrepreneurs are embedded strengthens or weakens the translation of individual entrepreneurial intentions into new venture creation activities. Our results suggest that the intention–behaviour link is weakened by cognitive regional social capital in the form of regional hierarchy values and strengthened by structural regional capital in the form of regional cultural diversity and regional breadth of associational activity, as well as by relational regional social capital in the form of high levels of regional generalised trust. Our findings suggest that to support new venture creation activity, there is a need to grow regional social capital via the enhancement of social trust, associational activities and regional cultural diversity – and at the same time decrease hierarchical social structures within regions.


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