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The Entrepreneurial Self-Efficacy Of Nascent Entrepreneurs: The Case Of Two Economies In Transition

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  • MATEJA DRNOVSEK

    (Faculty of Economics, University of Ljubljana, Slovenia)

  • MIROSLAV GLAS

    (Faculty of Economics, University of Ljubljana, Slovenia)

Abstract

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 Chenet al(1998).

Suggested Citation

  • Mateja Drnovsek & Miroslav Glas, 2002. "The Entrepreneurial Self-Efficacy Of Nascent Entrepreneurs: The Case Of Two Economies In Transition," Journal of Enterprising Culture (JEC), World Scientific Publishing Co. Pte. Ltd., vol. 10(02), pages 107-131.
  • Handle: RePEc:wsi:jecxxx:v:10:y:2002:i:02:n:s0218495802000165
    DOI: 10.1142/S0218495802000165
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    Citations

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    Cited by:

    1. Maria Claudia Angel Ferrero & Véronique Bessière, 2016. "From Lab to Venture: Cognitive Factors Influencing Researchers' Decision to Start a Venture," Journal of Enterprising Culture (JEC), World Scientific Publishing Co. Pte. Ltd., vol. 24(02), pages 101-131, June.
    2. Daniel P. Forbes, 2005. "The Effects of Strategic Decision Making on Entrepreneurial Self–Efficacy," Entrepreneurship Theory and Practice, , vol. 29(5), pages 599-626, September.
    3. Rohit H. Trivedi, 2017. "Entrepreneurial-intention constraint model: A comparative analysis among post-graduate management students in India, Singapore and Malaysia," International Entrepreneurship and Management Journal, Springer, vol. 13(4), pages 1239-1261, December.
    4. Melissa S. Cardon & Colleen P. Kirk, 2015. "Entrepreneurial Passion as Mediator of the Self–Efficacy to Persistence Relationship," Entrepreneurship Theory and Practice, , vol. 39(5), pages 1027-1050, September.
    5. Katz, Jerome A. & Renko, Maija & Kundu, Sumit K., 2021. "How do internationalizing firms emerge?," Journal of Business Venturing Insights, Elsevier, vol. 15(C).
    6. Elena-Loreni Baciu & Delia Vîrgă & Theofild-Andrei Lazăr & Delia Gligor & Cecilia-Nicoleta Jurcuț, 2020. "The Association between Entrepreneurial Perceived Behavioral Control, Personality, Empathy, and Assertiveness in a Romanian Sample of Nascent Entrepreneurs," Sustainability, MDPI, vol. 12(24), pages 1-16, December.
    7. Jeff Y-J Chen & Boris Urban, 2018. "Behavioral and Environmental Influences on Entrepreneurial Orientation," Journal of Economics and Behavioral Studies, AMH International, vol. 10(5), pages 73-88.
    8. Jeffrey E. McGee & Mark Peterson & Stephen L. Mueller & Jennifer M. Sequeira, 2009. "Entrepreneurial Self–Efficacy: Refining the Measure," Entrepreneurship Theory and Practice, , vol. 33(4), pages 965-988, July.

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