DOES SELF-EFFICACY AFFECT ENTREPRENEURIAL INVESTMENT?

被引：120

作者：

Cassar, Gavin ^{[1
]}

Friedman, Henry ^{[1
]}

机构：

[1] Univ Penn, Wharton Sch, Philadelphia, PA 19104 USA

来源：

STRATEGIC ENTREPRENEURSHIP JOURNAL | 2009年 / 3卷 / 03期

关键词：

Entrepreneur; investment; self-efficacy; venturing; STRATEGIC DECISION-MAKING; SOCIAL COGNITIVE THEORY; RISK-TAKING; PERFORMANCE; SURVIVAL; ESTEEM; ENTRY; MECHANISMS; OPTIMISM; MANAGERS;

D O I：

10.1002/sej.73

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We empirically examine the effect of self-efficacy on entrepreneurial investment choices. We identify various attributes of entrepreneurial investment and argue that higher self-efficacy is associated with more aggressive entrepreneurial investment decisions. We show that self-efficacy increases the likelihood of being a nascent entrepreneur and creating an operating business. Self-efficacy also increases the proportion of personal wealth invested in the venture and the amount of hours per week the entrepreneur devotes to the venture. These results are significant even when controlling for other known characteristics associated with entrepreneurial investment. Copyright (C) 2009 Strategic Management Society.

引用

页码：241 / 260

页数：20

共 82 条

[1] First-mover advantage and the speed of competitive entry, 1887-1986 [J].