The Mediating Role of Self-Efficacy in the Development of Entrepreneurial Intentions
Year: 2005
Type: preprint
Study design: Observational Study
Abstract: The role that self-efficacy plays for studentsin bridging from individual-level antecedent factors to entrepreneurialintentions is examined. Social-cognitive theory was used to select theantecedent factors (perceptions of formal learning in entrepreneurial courses,previous entrepreneurial experience, risk propensity, and gender). Data used in the analysis were collected at two different points intime:In 1998 surveys were completed by 778 incoming MBA students at fivedifferent universities, while the second set of data was collected in 2000 from265 of the same students when they graduated. Consequently, the samplegroup is composed of 265 individuals.Results indicate that theperceptions of formal learning in entrepreneurial courses are positivelyrelated to entrepreneurial self-efficacy.Additionally, previousentrepreneurial experience and risk propensity are also positively related tothis self-efficacy. In turn, entrepreneurial self-efficacy was found to bepositively related to entrepreneurial intentions. The findings did not support the proposition that women have lower levels ofentrepreneurial self-efficacy than men although the women reported lowerentrepreneurial career intentions.Overall, the results show that highself-efficacy is a direct reason why individuals choose to becomeentrepreneurs.(SRD)
Source: SSRN Electronic Journal
Authors: Hao Zhou, Gerald E. Hills, Scott E. Seibert
Institution: Bradley University
Language: English
Subfield: Management of Technology and Innovation
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W3121978320