Mateja Drnovšek, Joakim Wincent and Melissa S. Cardon
The aims of this paper are to: critically review and identify gaps in current literature on entrepreneurial self‐efficacy, provide a definition of entrepreneurial self‐efficacy…
Abstract
Purpose
The aims of this paper are to: critically review and identify gaps in current literature on entrepreneurial self‐efficacy, provide a definition of entrepreneurial self‐efficacy that addresses some of those gaps, and explore the role of entrepreneurial self‐efficacy during the phases of a business start‐up process. The research seeks to define entrepreneurial self‐efficacy using three sources of dimensionality. The first includes the particular aspect of entrepreneurship to which self‐efficacy is applied, whether to business start‐up or business growth activities. The second sources of dimensionality refers to the content of self‐efficacy beliefs (task or outcome goal beliefs), and the third source to the valence of entrepreneurial self‐efficacy beliefs (positive or negative control beliefs).
Design/methodology/approach
The authors build from the origins and mechanisms of the self‐efficacy construct in social cognitive theory and a synthesis of that work with prior use of self‐efficacy in entrepreneurship to propose a definition of entrepreneurial self‐efficacy that is context specific and empirically testable.
Findings
Entrepreneurial self‐efficacy is best seen as a multidimensional construct made up of goal and control beliefs, and propositions for how these two different dimensions will play a role during phases in the process of starting‐up a new business are developed.
Research limitations/implications
A well‐defined entrepreneurial self‐efficacy construct has significant pedagogical payoffs given that entrepreneurship education should also focus on social‐cognitive, psycho‐cognitive and ethical perspectives of entrepreneurship.
Originality/value
The proposed multidimensional nature of self‐efficacy is original and unique in its contribution, and provides a conceptual foundation to understand how capabilities along different dimensions of entrepreneurial self‐efficacy are created and nurtured. This knowledge is useful for potential entrepreneurs as well as those who support them in the process.
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Bostjan Antoncic, Melissa S Cardon and Robert D Hisrich
Entrepreneurship is an emerging and evolving field of inquiry. Entrepreneurship research has been expanding its boundaries by exploring and developing explanations and predictions…
Abstract
Entrepreneurship is an emerging and evolving field of inquiry. Entrepreneurship research has been expanding its boundaries by exploring and developing explanations and predictions of entrepreneurship phenomena in terms of events such as innovation, new venture creation and growth as well as characteristics of individual entrepreneurs and entrepreneurial organizations. The largest institutionalized community of entrepreneurship scholars – the Entrepreneurship Division of the Academy of Management – has developed an entrepreneurship specific domain that incorporates the creation and management of new businesses, small businesses and family businesses, and the characteristics and special problems of entrepreneurs; it has further identified major topics such as new venture ideas and strategies, ecological influences on venture creation and demise, the acquisition and management of venture capital and venture teams, self-employment, the owner-manager, management succession, corporate venturing, and the relationship between entrepreneurship and economic development. One growing entrepreneurship research sub-field is corporate entrepreneurship (intrapreneurship), i.e. entrepreneurship in existing organizations. Emerging in the past two decades, the initial research in corporate entrepreneurship focused on new business venturing, i.e. the formation of new ventures by existing organizations, mostly corporations, and the focus on the entrepreneurial individual inside a corporation – this focus was then extended to include entrepreneurial characteristics at the organizational level. Corporate entrepreneurship research has evolved into three focal areas. The first area of focus is on the individual intrapreneur (Jennings, Cox & Cooper, 1994; Jones & Butler, 1992; Knight, 1989; Lessem, 1988; Luchsinger & Bagby, 1987; McKinney & McKinney, 1989; Pinchot, 1985; Ross, 1987; Souder, 1981), mainly emphasizing the intrapreneur’s individual characteristics. The recognition and support of entrepreneurs in organizations is also a part of this focal area. The second area of focus has been on the formation of new corporate ventures (Burgelman, 1985; Carrier, 1994; Cooper, 1981; Fast & Pratt, 1981; Hisrich & Peters, 1984; Hlavacek & Thompson, 1973; Krueger & Brazeal, 1994; MacMillan, Block & Narasimha, 1984; Szypersky & Klandt, 1984; Vesper, 1990); this area’s primary emphasis is on the different of types of new ventures, their fit with the corporation, and their enabling corporate internal environment. The third area of focus is on the entrepreneurial organization (Burgelman, 1983; Drucker, 1985; Duncan et al., 1988; Hanan, 1976; Kanter, 1984; Kuratko et al., 1993; Merrifield, 1993; Muzyka, de Konning & Churchill, 1995; Pinchot, 1985; Quinn, 1979; Rule & Irwin, 1988; Schollhammer, 1981; Stevenson & Jarillo, 1990; Stopford & Baden-Fuller, 1994), which mainly emphasizes the characteristics of these organizations.
Amir Emami, Shayegheh Ashourizadeh and Mark D. Packard
The novel coronavirus (nCoV) pandemic, and the challenges of social distancing, proffer a unique opportunity to re-explore the role of social network support in entrepreneurship…
Abstract
Purpose
The novel coronavirus (nCoV) pandemic, and the challenges of social distancing, proffer a unique opportunity to re-explore the role of social network support in entrepreneurship. Applying social support theory and gender schema theory, this study aims to examine the gender-based differences in prospective entrepreneurs' reliance on their social networks in their entrepreneurial journey amid social turmoil.
Design/methodology/approach
The authors collected two-stage primary survey data of prospective entrepreneurs within the pandemic's timeframe from Science and Technology Parks in Iran, one of the first countries to deal with the first, second and third waves of the 2019-nCoV virus.
Findings
The findings demonstrate that female entrepreneurs rely more strongly on their social network support for guidance and encouragement, which positively affects their opportunity intention. While this effect is also seen in men, the effect size is smaller. Also, prospective female entrepreneurs were generally more dissuaded from opportunity intention by the severe perceived environmental uncertainty of the crisis than were men.
Originality/value
Prior research on the interaction between social network support and opportunity intentions has been examined in the context of socio-economic normalcy. The authors test whether, how and why these interactions hold in times of crisis, with especial attention to the mechanisms of experienced stress, perceived environmental uncertainty and idea innovativeness.
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Dean A. Shepherd and Jerome A. Katz
Arguably, one of the most unexpected findings of the Panel Study of Entrepreneurial Dynamics has been the discovery of higher levels of corporate entrepreneurship (CE) than…
Abstract
Arguably, one of the most unexpected findings of the Panel Study of Entrepreneurial Dynamics has been the discovery of higher levels of corporate entrepreneurship (CE) than expected. One entrepreneur in seven is starting a business for or with their current employers. Given the current numbers for independent start-ups, that rate translates into 150,000 corporate entrepreneurship efforts annually in the USA. Another way to think of it is that in terms of firms with employees, corporate entrepreneurial ventures represent one-quarter of new start-ups each year. Those efforts also potentially represent a disproportionate percentage of surviving efforts, because corporate entrepreneurial projects tend to have superior initial access to financial, human and organizational resources than the vast majority of independently started firms.
Although private health care is regarded as providing a premium quality experience for both patients and staff alike, it is not without its daily challenges for health…
Abstract
Purpose
Although private health care is regarded as providing a premium quality experience for both patients and staff alike, it is not without its daily challenges for health professionals. This study aims to explore the psychological contract of nurses to develop a greater understanding of how employee–employer interaction impacts motivation levels.
Design/methodology/approach
Data were gathered through semi-structured interviews with thirteen nurses at a private hospital in South Africa. Five nursing managers were interviewed to provide a management perspective. Thematic analysis was used to identify the salient elements of the psychological contract and to establish connections with motivational features.
Findings
The psychological contract of nurses was balanced in nature, contained predominantly relational elements and was characterized by the need for manager support, leadership and autonomy. Motivation was a by-product of fulfilment and was enhanced by a combination of tangible and intangible rewards.
Practical implications
Nursing managers should recognize their role in caring for the wellbeing of their staff and should be trained accordingly. Equipping nurses with the necessary tools to work autonomously, as well as acknowledging their skills, will stimulate confidence and improve motivation.
Originality/value
This study makes an important contribution to the existing literature on the psychological contract of nurses within the health-care system. It provides insight into relationship-based mechanisms that can be used to improve the motivation of nurses and thus impact the overall quality of patient care.