THE INFLUENCE OF SOCIAL TIES AND SELF-EFFICACY IN FORMING ENTREPRENEURIAL INTENTIONS AND MOTIVATING NASCENT BEHAVIOR

2007 ◽  
Vol 12 (03) ◽  
pp. 275-293 ◽  
Author(s):  
JENNIFER SEQUEIRA ◽  
STEPHEN L. MUELLER ◽  
JEFFREY E. MCGEE
Keyword(s):  
Self Efficacy ◽  
Strong Predictor ◽  
Theoretical Models ◽  
Entrepreneurial Intentions ◽  
Future Research ◽  
Personal Network ◽  
Network Ties ◽  
Strong Ties ◽  
Business Knowledge ◽  
Entrepreneurial Action

Theoretical models of entrepreneurship suggest that an individual's intention to start an enterprise is a strong predictor of eventual entrepreneurial action. Less understood are factors that influence the likelihood of entrepreneurial intentions and nascent behavior. In this study, we develop and test several hypotheses about how social network ties and self-efficacy affect entrepreneurial intentions and nascent behavior. We found that a personal network of supportive strong ties coupled with high entrepreneurial self-efficacy increases the likelihood of entrepreneurial intentions and nascent behavior. A personal network of weak ties with practical business knowledge and experience also increases the likelihood of entrepreneurial nascent behavior but not entrepreneurial intentions. In contrast, a personal network of strong ties with practical business knowledge and experience has little effect on either intentions or nascent behavior and may, in fact, suppress both. The contribution of this study to nascent entrepreneurship research and implications for future research are discussed.

An Examination of the Effect of New Venture Ideation Exercises on Entrepreneurial Intentions

2020 ◽  
pp. 251512742095195
Author(s):  
Robert D. Mathews ◽  
Roger Wessel ◽  
Michael Goldsby
Keyword(s):  
Strong Predictor ◽  
Training Session ◽  
Entrepreneurial Intentions ◽  
New Venture ◽  
Future Research ◽  
Entrepreneurial Behavior ◽  
Education Students ◽  
Research And Practice ◽  
Entrepreneurial Intent ◽  
The Impact

Entrepreneurship programming has become a popular choice among higher education students. Entrepreneurial intent is regarded as a strong predictor of entrepreneurial behavior and success of entrepreneurial education programs, while ideation is viewed as a key skill needed for successful entrepreneurial behavior. Despite the widespread discussion of entrepreneurial intent in the literature, few studies have reported the actual impact of entrepreneurship education and more specifically, ideation exercises, on intent. The authors contend that ideation is a key skill and thus, barrier to entrepreneurial intentions when students have a lack of efficacy surrounding the ideation process. This study examined the impact of a 150-minute divergent activity training session and new venture ideation exercise on entrepreneurial intent in students enrolled in undergraduate entrepreneurship courses. These measures come together in this study to help further explain how entrepreneurship educators can drive more impactful entrepreneurial behavior in students. In this study, entrepreneurial intent significantly increased in students after the brief 150-minute intervention. This study infers that entrepreneurial self-efficacy of ideation skills are critical to increased entrepreneurial intent in college students, and exercises such as the ones conducted in this study can positively impact entrepreneurial intentions among students. Recommendations for future research and practice are provided.

Intention towards social entrepreneurship of university students in an emerging economy: the influence of entrepreneurial self-efficacy and entrepreneurship education

2020 ◽  
Vol 28 (3) ◽  
pp. 133-151
Author(s):  
H.M. Kamrul Hassan
Keyword(s):  
University Students ◽  
Social Entrepreneurship ◽  
Self Efficacy ◽  
Entrepreneurship Education ◽  
Entrepreneurial Intention ◽  
Entrepreneurial Intentions ◽  
Future Research ◽  
Entrepreneurial Education ◽  
Content Type ◽  
University Support

Purpose Entrepreneurial intention plays a crucial role in the research and application of social entrepreneurship (SE). The purpose of this paper is to investigate the influence of the factors affecting students’ intention towards social entrepreneurship (ISE). The study has taken entrepreneurial self-efficacy, along with entrepreneurial education, entrepreneurial network and perceived university support that have an impact on intentions, which instills interest amongst students in being future entrepreneurs. Design/methodology/approach Data were primarily taken from a survey of 380 university students from public and private universities in Chattogram, the business capital of Bangladesh. Students were preliminarily selected, focussing on different profiles such as male/female, age, socio-economic status, education level, university status and employment level. Initially, using factor analysis factors were analyzed and later multiple regression analysis was used to identify the relationship with ISE. Findings The study on the student reveals that four aspects significantly impacted the preference of students’ ISE. This study reinforces the influence of entrepreneurial self-efficacy, along with entrepreneurial education, as the factors contributing to aid young graduates recognizing and fostering an ISE. Entrepreneurial networks and perceived university support were found to have no association with social entrepreneurial intentions. Originality/value This paper contributes to the understanding of the factors and provides a basis for explaining factors that affect the intention of students towards SE. It can contribute to future research related to social entrepreneurial intention. Furthermore, it was concluded that forming social entrepreneurial intention is highly influenced by entrepreneurial self-efficacy and entrepreneurship education.

AN ANALYSIS OF THE ROLE OF GENDER AND SELF-EFFICACY IN DEVELOPING FEMALE ENTREPRENEURIAL INTEREST AND BEHAVIOR

2009 ◽  
Vol 14 (02) ◽  
pp. 105-119 ◽  
Author(s):  
FIONA WILSON ◽  
JILL KICKUL ◽  
DEBORAH MARLINO ◽  
SAULO D. BARBOSA ◽  
MARK D. GRIFFITHS
Keyword(s):  
High School Students ◽  
Self Efficacy ◽  
Positive Influence ◽  
Early Career ◽  
Entrepreneurial Intentions ◽  
New Venture ◽  
Future Research ◽  
School Students ◽  
Mba Students ◽  
And Behavior

To capture the talents of the next generations in new venture creation and to maintain the levels of entrepreneurship in our society, a vibrant "pipeline" of potential entrepreneurs is required. Previous research has shown this pipeline may still be weak, especially for women entrepreneurs. This paper explores the relationships between gender, entrepreneurial education, and entrepreneurial self-efficacy on entrepreneurial intentions and behaviors using the data from different sample groups in three different stages of education and career development: middle and high school students, MBA students, and early career adults. The results of our analyses underscore the importance of entrepreneurial self-efficacy as a key component in understanding entrepreneurship interest and actual career choice. The positive influence of entrepreneurship education on self-efficacy proved stronger for women than for men. Implications for entrepreneurship educators as well as study limitations and areas for future research are discussed.

Predictors of Entrepreneurial Intentions: Mediating Role of Self-Efficacy

2019 ◽  
Vol 16 (11) ◽  
pp. 4798-4806
Author(s):  
Jetsalid Anesukanjanakul ◽  
Dumrong Cholsuk ◽  
Komkrit Rattamanee
Keyword(s):  
Emotional Intelligence ◽  
Self Efficacy ◽  
Engineering Students ◽  
Entrepreneurship Education ◽  
Entrepreneurial Intentions ◽  
Future Research ◽  
Mediating Role ◽  
Research Areas ◽  
Self Employment ◽  
Study Results

Entrepreneurship is an important factor which lead towards the self-employment and while doing this can potentially reduce the unemployment. Which has become a giant problem globally. Considering the importance of the issue present study has attempted to analyze that how do the entrepreneurship education and emotional intelligence lead towards the entrepreneurial intentions. Additionally, self-efficacy was considered as a potential mediator. Data were collected from the engineering students by using the convenience sampling. Statistical analysis was performed by using Smart-PLS. The results of the study reported a positive relationship between entrepreneurship education and entrepreneurial intentions of the students. Relationship between emotional intelligence and entrepreneurial education was also supported by the study results. The relationship between selfefficacy and entrepreneurial intentions was proved to be strongest of all by the study results. Finally the study results have supported all the mediation relationships between the variables. Practical implications and future research areas are provided at the end.

CONTEXTUALIZING ENTREPRENEURIAL INTENTIONS: ECONOMIC DYNAMISM AND CULTURE IN MULTILAYERED RELATIONSHIPS

2021 ◽  
Author(s):  
XIAOHUA LIN ◽  
AKIN KOÇAK ◽  
ALAN CARSRUD
Keyword(s):  
Social Capital ◽  
Economic Development ◽  
Self Efficacy ◽  
Stable State ◽  
Empirical Support ◽  
The United States ◽  
Entrepreneurial Intentions ◽  
Interactive Effects ◽  
Future Research ◽  
Gem Data

We examine how economic dynamism, along with the cultural orientation of individualism vs. collectivism shape the multilayered relationships between perceptual variables—self efficacy, attitude, social capital and perceived opportunities—and entrepreneurial intentions (EI). For the first time, we introduce economic dynamism as a national context variable for EI. We also join a group of entrepreneurship scholars to apply a multilayered approach to account for the multiple interactions among individual and contextual variables. We test our hypotheses using country-level aggregates of GEM data. For comparison purposes, we consider four nations differentiated along the dimensions of economic dynamism and the cultural trait of individualism vs. collectivism, namely, China, Italy, Japan and the United States. The results show that self-efficacy predicts EI across all four nations; the interactive effects between perceived opportunities and attitude and between social capital and attitude are contingent upon national contexts in terms of economic dynamism and individualism vs. collectivism. Although economic development long has been a popular contextual variable in the study of EI, there remains a lack of empirical support. One reason is economic development assumes a stable state, when in fact changes in an economy may be more critical in impacting entrepreneurial intentions. In the current study, we replace economic development with that of economic dynamism. Future research needs to refine the construct and develop a measure of it.

scholarly journals The Effects of Hackathons on the Entrepreneurial Skillset and Perceived Self-Efficacy as Factors Shaping Entrepreneurial Intentions

2020 ◽  
Vol 10 (3) ◽  
pp. 73
Author(s):  
Izabela Szymanska ◽  
Tom Sesti ◽  
Hali Motley ◽  
George Puia
Keyword(s):  
Learning Outcomes ◽  
Self Efficacy ◽  
Entrepreneurial Intentions ◽  
Learning Activity ◽  
Future Research ◽  
Test Model ◽  
Entrepreneurial Learning ◽  
Self Confidence ◽  
Research Areas ◽  
Primary Means

Purpose: While traditional university programs primarily use regularly scheduled classes as the primary means for developing students, this program evaluation explores the direct effects of intensive entrepreneurial learning activity in the format of a hackathon. This is one of the first papers to explore the learning outcomes of hackathons as an intensive entrepreneurial pedagogy. Design/methodology/approach: The researchers implemented a pre-test/post-test model with students participating in an entrepreneurship hackathon and tested the changes in their confidence levels in the ability to craft a successful entrepreneurial venture. Findings: The results support a hackathon model of entrepreneurial learning. As the result of a one-day workshop, significant results were achieved for self-reported ability in identifying a viable entrepreneurial concept, and for having the ability to successfully launch a new venture. Further, class standing and prior entrepreneurial courses, as well as gender did not influence the learning outcomes. Importantly, while hackathon-generated increases in entrepreneurial self-efficacy proved to be statistically significant, same gains proved not to be significant in a traditional entrepreneurship class setting. Authors conclude that short, intensive entrepreneurship learning methods like hackathons may be more effective in developing entrepreneurial self-efficacy than semester long courses. Originality/value: A hackathon is likely an effective entrepreneurial learning methodology suitable for a general student population which includes students with limited knowledge of and interest in entrepreneurship. The usefulness of a hackathon for entrepreneurial learning has potential implications for educators, scholars and policy makers. For educators, a hackathon approach may outperform a number of traditional entrepreneurship pedagogies in the form of lectures, case studies, class discussions or even a business plan development over a semester-long course. A hackathon may also allow students to gain entrepreneurial skills and self-confidence much quicker and using less resources than in a traditional entrepreneurial course. The potential reasons for these findings as well as their implications are discussed along with future research areas.

Exploring individual differences in the relationship between entrepreneurial self-efficacy and intentions

2018 ◽  
Vol 27 (1) ◽  
pp. 1-30 ◽  
Author(s):  
Nuno Fernandes Crespo ◽  
Ricardo Belchior ◽  
Edivaldo Bartolomeu Costa
Keyword(s):  
Empirical Evidence ◽  
Research Design ◽  
Self Efficacy ◽  
Empirical Support ◽  
Structural Equations ◽  
Entrepreneurial Intentions ◽  
Future Research ◽  
Policy Makers ◽  
Content Type ◽  
Depth Analysis

Purpose The purpose of this paper is to explore the most common individual entrepreneurial self-efficacy (ESE) beliefs profiles associated with high entrepreneurial intentions (EI) and how these differ when belonging to an entrepreneurial venture team (EVTeam). Design/methodology/approach After a general test of the ESE theory using a structural equations modeling, fuzzy-set qualitative comparative analysis (fsQCA) is used, on a multi-dimensional ESE scale, to find empirical evidence supporting the existence of different individual ESE profiles, equally associated with high EI individuals. Dividing the sample based on the existence or not of an EVTeam (EVTeam), differences for each group are identified and possible implications are discussed. Findings This research corroborates ESE as an important antecedent of EI and, from a more in-depth analysis, it also suggests that the highest levels of EI are compatible with different ESE profiles, some of which may be related to having established an EVTeam, or not. Research limitations/implications These findings may be useful for entrepreneurs and educators to reflect upon the needed competencies for an EVTeam and the research design might also be useful for policy makers to identify cultural, educational, and institutional shortcomings of the entrepreneurial context. A greater focus should be placed in developing ESE of potential entrepreneurs for the specific entrepreneurial activities for which the lack of perceived capabilities hinders entrepreneurial behavior and success. Practical implications This research may be useful for entrepreneurs and educators to reflect upon the needed competencies for an EVTeam. The research design might also be useful for policy makers to identify cultural, educational, and institutional shortcomings of the entrepreneurial context. Originality/value This research tests ESE theory in Angola – a country from the African continent from which there is limited empirical evidence – and by exploring the existence of different ESE profiles, with a method that allows for conjunctural causation, new insights and empirical support for future research are provided relative to the complex ESE-EI relationship.

Institutional Environment, Entrepreneurial Self-Efficacy and Entrepreneurial Intention of Company Employees

1970 ◽  
Vol 3 (1) ◽  
pp. 1-9
Author(s):  
Devi Angrahini Anni Lembana ◽  
Yu Yu Chang ◽  
Wen Ke Liang
Keyword(s):  
Self Efficacy ◽  
Institutional Environment ◽  
Practical Experience ◽  
Entrepreneurial Intention ◽  
Entrepreneurial Intentions ◽  
New Venture ◽  
Hierarchical Regression ◽  
Market Demand ◽  
Extrinsic Factors ◽  
Intrinsic Factors

From the intentionality-based view, individuals' actual behaviors to initiate a new venture is driven by their entrepreneurial intentions. Company employees have accumulated professionalism and practical experience, which both enable them to discover some unmet market demand and industrial gaps. However, in establishing a new business, not everyone with certain knowledge or expertise has the desire to become an entrepreneur. Prior research has shown that entrepreneurial intentions are under the profound influences of intrinsic factors and extrinsic factors. On the one hand, entrepreneurial self-efficacy is one of the key psychological states that makes someone dare to initiate entrepreneurial activities. Institutional environment, on the other hand, can either enhance and hinder an individuals' entrepreneurial motivation by offering incentives or causing barriers. Little work has been done to understand how the institutional environment and entrepreneurial self-efficacy jointly affect company employees' intention to quit their job and start an enterprising career. By using hierarchical regression on a sample of 325 Indonesian company employees, this paper shows that the entrepreneurial cognition and entrepreneurial self-efficacy are positively related to employees' entrepreneurial intentions. Also, entrepreneurial self-efficacy strengthens the effect of normative Approval on entrepreneurial intention, whereas the regulatory Support from Government is detrimental to company employees' intention to start a new venture regardless the entrepreneurial self-efficacy is high or low.

The Social Neuroscience of Cooperation

2018 ◽  
Author(s):  
Jay Joseph Van Bavel
Keyword(s):  
Theoretical Models ◽  
Brain Regions ◽  
Review Literature ◽  
Social Neuroscience ◽  
Future Research ◽  
A Value ◽  
Group Cooperation ◽  
Neural Processes ◽  
The Social ◽  
Cooperative Decision Making

We review literature from several fields to describe common experimental tasks used to measure human cooperation as well as the theoretical models that have been used to characterize cooperative decision-making, as well as brain regions implicated in cooperation. Building on work in neuroeconomics, we suggest a value-based account may provide the most powerful understanding the psychology and neuroscience of group cooperation. We also review the role of individual differences and social context in shaping the mental processes that underlie cooperation and consider gaps in the literature and potential directions for future research on the social neuroscience of cooperation. We suggest that this multi-level approach provides a more comprehensive understanding of the mental and neural processes that underlie the decision to cooperate with others.

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