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The Mediation Effect of Entrepreneurial Self-Efficacy in the Relationship Between Entrepreneurial Passion and Leadership Styles

In: The New Digital Era: Other Emerging Risks and Opportunities

Author

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  • Diego Norena-Chavez
  • Eleftherios Thalassinos

Abstract

This research aimed to determine the mediating effect of entrepreneurial self-efficacy on the relationship between entrepreneurial passion and leadership styles. Two hundred hardware and footwear entrepreneurs from the Las Malvinas Commercial Emporium, Lima, Peru were surveyed. The partial least squares structural equation modelling (PLS-SEM) multivariate statistical technique was applied for data analysis. It was found that there is a complementary mediating effect of entrepreneurial self-efficacy in the relationship between entrepreneurial passion and leadership styles. On the other hand, it was concluded that entrepreneurial passion has a positive influence on entrepreneurial self-efficacy. Likewise, there is a positive influence of entrepreneurial self-efficacy on leadership styles, and there is a positive influence of entrepreneurial passion for leadership styles. This research contributed theoretically to the academic literature and provided empirical evidence of the relationship of the proposed variables; it proved a new predictive and explanatory structural model that can now be used in future research worldwide and generated a model of the studied variables that are useful for both academia and the business world.

Suggested Citation

  • Diego Norena-Chavez & Eleftherios Thalassinos, 2022. "The Mediation Effect of Entrepreneurial Self-Efficacy in the Relationship Between Entrepreneurial Passion and Leadership Styles," Contemporary Studies in Economic and Financial Analysis, in: The New Digital Era: Other Emerging Risks and Opportunities, volume 109, pages 99-125, Emerald Group Publishing Limited.
    • Handle: RePEc:eme:csefzz:s1569-37592022000109b007
    DOI: 10.1108/S1569-37592022000109B007
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    More about this item

    Keywords

    Entrepreneurial self-efficacy; entrepreneurial passion; leadership styles; mediation; PLS-SEM; leadership styles; M10;
    All these keywords.

    JEL classification:

    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General

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