Nascent entrepreneurs in e-marketplace: the effect of founders' self-efficacy and personality

2017 ◽  
Vol 13 (2/3) ◽  
pp. 163 ◽  
Author(s):  
Trianggoro Wiradinata
2021 ◽  
Vol 0 (0) ◽  
Author(s):  
Jason Cavich ◽  
Ravi Chinta

Abstract In a better attempt to understand nascent entrepreneurship, this paper explores the relationship between opportunity recognition and the entrepreneurial intent of nascent entrepreneurs. Contrary to conventional wisdom, research on this relationship is fragmented and empirically underdeveloped. In addition, the contextual and perceptual boundary conditions of government support, gender, and minorities are explored. We surveyed 1246 nascent entrepreneurs in the state of Florida, which is the largest data set on this topic in Florida. Respondents answered 55 survey questions on potential barriers to entrepreneurship to help understand how their context impacts their intent to start a new business. Our empirical results indicate that opportunity recognition by nascent entrepreneurs significantly affects entrepreneurial intent, the strength of which is moderated by government support and gender, but not by minorities. Our study is a direct response to the call-in existing entrepreneurship literature for new research in geographically narrower contexts as the largest survey-based study at the state level in the US that we know of. We extend and demarcate entrepreneurial self-efficacy into a new context while clarifying boundary conditions. Lastly, our dependent variable measures intensity of intention to start a business along a time dimension which empirically narrows the gap between studies on entrepreneurial intention and studies on entrepreneurial action.


2002 ◽  
Vol 10 (02) ◽  
pp. 107-131 ◽  
Author(s):  
MATEJA DRNOVSEK ◽  
MIROSLAV GLAS

This research is concerned with entrepreneurial intentions of two specific groups of nascent entrepreneurs - innovators and graduate students in two transition economies – Slovenia and the Czech Republic. The analysis gives further contribution to previous research on predictions of entrepreneurial events using items inventory of entrepreneurial self-efficacy previously developed within the Anglo-Saxon cultural environment and now tested in a specific environment of post communist economist economies. Results show that there are relatively more nascent entrepreneurs among innovators than among graduate students of business. When average scores on self-efficacy are involved, innovators feel comfortable when dealing with innovation and risk, while graduate students express higher self-efficacy in the business-related aspects of a new venture – marketing and finance. We found a reasonable fit to our sample of the entrepreneurial self-efficacy construct as introduced by Chen et al (1998).


Author(s):  
Celia Díaz-Portugal ◽  
Juan Bautista Delgado-García ◽  
Virginia Blanco-Mazagatos

This article extends previous literature on opportunity evaluation by analysing how positive affect influences opportunity evaluation and the subsequent willingness to act entrepreneurially. We draw on two mediational channels (i.e., the affect-to-affect-to-outcome and affect-to-cognition routes) regarding the influence of affect on positive outcomes upon arguments that opportunity evaluation comprises of the cognitive representations of the focal opportunity and of oneself. Specifically, we analyse the mediating effects of the image of the opportunity and self-efficacy in the relationship between positive affect and the willingness to act entrepreneurially. We test our hypotheses on a sample of nascent entrepreneurs participating in training programmes in six Spanish incubators whom were asked to evaluate their own opportunities. Our findings show that positive affect exerts a positive indirect effect through the image of the opportunity, but do not indicate any mediating effect of self-efficacy. These findings may help entrepreneurs understand the affective subjectivity of their opportunity assessments.


Author(s):  
Leon Schjoedt ◽  
Justin B. Craig

Purpose Given the nature of entrepreneurship, a domain-specific self-efficacy scale should pertain to venture creation, be unidimensional, and be developed and validated using nascent entrepreneurs – persons for whom self-efficacy may be most important. Extant measures employed in entrepreneurship research do not meet all these criteria. The purpose of this paper is to develop and validate a unidimensional entrepreneurial self-efficacy (ESE) scale based on samples of nascent entrepreneurs. Design/methodology/approach Data from a sample of nascent entrepreneurs and items from PSED I were used to develop and assess the validity of a new ESE scale. To further establish scale validity, a comparison group from PSED I along with a sample of nascent entrepreneurs from PSED II were employed. Findings A unidimensional three-item self-efficacy scale for assessing a person’s belief that s/he can create a new business successfully is developed and validated using samples of nascent entrepreneurs and a control group. Research limitations/implications The scale offers opportunity to enhance research-based assessment using a parsimonious, reliable, and valid unidimensional measure of ESE. The scale may enhance future research findings, as well as promoting reconsideration of past research findings, on many issues in the entrepreneurship literature. Originality/value This research uses a sample of nascent entrepreneurs to provide a new three-item scale for assessment of ESE that is parsimonious, valid, and unidimensional.


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.


2002 ◽  
Vol 3 (3) ◽  
pp. 183-189 ◽  
Author(s):  
Truls Erikson

In order to become novice, portfolio or serial entrepreneurs, individuals must first become nascent entrepreneurs. Hence, the focus of this article is on how potential entrepreneurs are transformed into nascent entrepreneurs. This study supports the tenet that goal-setting is vital in nurturing entrepreneurial motivation among prospective entrepreneurs. As goal-setting is closely linked to beliefs about personal capabilities, business schools should influence individuals' self-belief, which is a precondition for achieving congruent entrepreneurial goals.


2019 ◽  
Vol 9 (1) ◽  
pp. 1-18 ◽  
Author(s):  
Preeti Tiwari ◽  
Anil K. Bhat ◽  
Jyoti Tikoria ◽  
Kaustav Saha

Purpose The purpose of this paper is to identify the entrepreneurial intention (EI) among nascent entrepreneurs in the Indian context by using Shapero’s theory of entrepreneurial event as the research framework. Design/methodology/approach A 34-item questionnaire was responded to 250 nascent entrepreneurs who are engaged in executing the new business idea or creating new ventures and enroled in the universities in India. The questions measured perceived desirability, perceived feasibility, entrepreneurial educational background, entrepreneurial self-efficacy, perceived social pressure and previous work experience in entrepreneurial activities towards entrepreneurship intention. The data were collected by employing a systematic random sampling method. The sample represents 174 male and 76 female nascent entrepreneurs belonging to various disciplines. Structural equation modelling has been used for data analysis. Findings The results show that the proposed model in the present study explains 51 per cent of the variance, explaining the entrepreneurship intention. Entrepreneurial self-efficacy was found to be the strongest predictor of EI (β=0.397 at p<0.001) followed by previous experience in entrepreneurial activities (β=0.285 at p<0.001). Research limitations/implications More than limitation this research study adds to the existing literature of the EI by using a different set of the sample. Mostly EI studies used student sample to measure intentions. Kolvereid and Isaksen used a sample of entrepreneurs to measure EI and achieved very different results. Therefore, this research study extends the work of Kolvereid and Isaksen by using a sample of nascent social entrepreneurs. Practical implications The finding of this research study will facilitate policy makers and educators to promote entrepreneurial activities at the university level. Based on the results and findings of the study, the educators may improve upon the support system to help and motivate students to opt for social entrepreneurship as their career choice. Originality/value Ajzen (1988) emphasised that the relative significance of the antecedents of intention will vary depending on which stage of intention is under scrutiny. This is one of its kinds of research study that used a sample of nascent entrepreneurs in the Indian context. Findings of this research will be helpful in predicting how the intention process of nascent entrepreneurs works especially in developing countries.


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