The Influence Of Social Ties And Self-Efficacy In Forming Entrepreneurial Intentions And Motivating Nascent Behavior
AbstractTheoretical models of entrepreneurship suggest that an individual's intention to start an enterprise is a strong predictor of eventual entrepreneurial action. Less understood are factors that influence the likelihood of entrepreneurial intentions and nascent behavior. In this study, we develop and test several hypotheses about how social network ties and self-efficacy affect entrepreneurial intentions and nascent behavior. We found that a personal network of supportive strong ties coupled with high entrepreneurial self-efficacy increases the likelihood of entrepreneurial intentions and nascent behavior. A personal network of weak ties with practical business knowledge and experience also increases the likelihood of entrepreneurial nascent behavior but not entrepreneurial intentions. In contrast, a personal network of strong ties with practical business knowledge and experience has little effect on either intentions or nascent behavior and may, in fact, suppress both. The contribution of this study to nascent entrepreneurship research and implications for future research are discussed.
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Bibliographic InfoArticle provided by World Scientific Publishing Co. Pte. Ltd. in its journal Journal of Developmental Entrepreneurship.
Volume (Year): 12 (2007)
Issue (Month): 03 ()
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Web page: http://www.worldscinet.com/jde/jde.shtml
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- Traikova, Diana, 2013. "Determinants of non-farm entrepreneurial intentions in a transitional context: Evidence from rural Bulgaria," Studies on the Agricultural and Food Sector in Central and Eastern Europe, Leibniz Institute of Agricultural Development in Central and Eastern Europe (IAMO), volume 72, number 72.
- Chand, Masud & Ghorbani, Majid, 2011. "National culture, networks and ethnic entrepreneurship: A comparison of the Indian and Chinese immigrants in the US," International Business Review, Elsevier, vol. 20(6), pages 593-606.
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