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Erschienen in: Small Business Economics 3/2012

01.10.2012

The nascent entrepreneurship hub: goals, entrepreneurial self-efficacy and start-up outcomes

verfasst von: Diana M. Hechavarria, Maija Renko, Charles H. Matthews

Erschienen in: Small Business Economics | Ausgabe 3/2012

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Abstract

Entrepreneurship involves human agency. The entrepreneurial process occurs because people are motivated to pursue and exploit perceived opportunities. It is rooted in the theory that action is the result of motivation and cognition. Therefore, this paper applies elements of goal theory and social cognitive theory to develop a motivational model of nascent entrepreneurial start-up outcomes. The objective of this model is to renew attention on motivational constructs in entrepreneurship research. Additionally, it provides predictive value for the likelihood of new firm founding among nascent entrepreneurs. Results suggest that motivational antecedents among nascent entrepreneurs significantly influence the likelihood of quitting the start-up process versus continuing nascent entrepreneurial start-up efforts.

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Fußnoten
1
Business plan formalization is the degree of specificity for the business plan.
 
3
Note that item Qk1a was originally developed as measure of expectancy (Gatewood 2004) and is used as such by Renko et al. in this journal issue. Since the theoretical constructs of expectancy and self-efficacy have similarities (Bandura 1977; Steel and Konig 2006), item Qk1a has also been used in a validated scale measuring entrepreneurial self-efficacy by Cassar and Friedman (2009).
 
4
We set our level of significance at α = .10.
 
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Metadaten
Titel
The nascent entrepreneurship hub: goals, entrepreneurial self-efficacy and start-up outcomes
verfasst von
Diana M. Hechavarria
Maija Renko
Charles H. Matthews
Publikationsdatum
01.10.2012
Verlag
Springer US
Erschienen in
Small Business Economics / Ausgabe 3/2012
Print ISSN: 0921-898X
Elektronische ISSN: 1573-0913
DOI
https://doi.org/10.1007/s11187-011-9355-2

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