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“I know I can, but I don't fit”: Perceived fit, self-efficacy, and entrepreneurial intention

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  • Hsu, Dan K.
  • Burmeister-Lamp, Katrin
  • Simmons, Sharon A.
  • Foo, Maw-Der
  • Hong, Michelle C.
  • Pipes, Jesse D.

Abstract

While extant literature generally suggests a positive relationship between entrepreneurial self-efficacy and entrepreneurial intention, several moderators have been identified – suggesting possible boundary conditions on that relationship. This paper introduces perceived person-entrepreneurship fit to entrepreneurship and shows that it moderates the relationship between entrepreneurial self-efficacy and entrepreneurial intention. Three studies are conducted which illuminate the utility of randomized experiments and methodological approaches to address limitations in the interpretation of empirical results. Studies 1 and 2 are randomized experiments to examine causality; Study 3 contains two correlational surveys to triangulate the results by examining whether the proposed effects withstand the influence of confounding variables in real-life. The findings indicate that when a strong perception of fit with entrepreneurship is achieved, entrepreneurial intention is strongly predicted by entrepreneurial self-efficacy. In contrast, if one perceives a low level of fit or no fit, entrepreneurial intention will be low, regardless of entrepreneurial self-efficacy.

Suggested Citation

  • Hsu, Dan K. & Burmeister-Lamp, Katrin & Simmons, Sharon A. & Foo, Maw-Der & Hong, Michelle C. & Pipes, Jesse D., 2019. "“I know I can, but I don't fit”: Perceived fit, self-efficacy, and entrepreneurial intention," Journal of Business Venturing, Elsevier, vol. 34(2), pages 311-326.
  • Handle: RePEc:eee:jbvent:v:34:y:2019:i:2:p:311-326
    DOI: 10.1016/j.jbusvent.2018.08.004
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    2. Mansoor Shekarian & Mahour Parast, 2021. "Do Entrepreneurship Skills Improve Project Performance? A Project-Based Learning Perspective," Journal of Entrepreneurship and Innovation in Emerging Economies, Entrepreneurship Development Institute of India, vol. 30(2), pages 267-305, September.
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    6. Grigorios Asimakopoulos & Virginia Hernández & Javier Peña Miguel, 2019. "Entrepreneurial Intention of Engineering Students: The Role of Social Norms and Entrepreneurial Self-Efficacy," Sustainability, MDPI, vol. 11(16), pages 1-17, August.
    7. Marshall, David R. & Meek, William R. & Swab, R. Gabrielle & Markin, Erik, 2020. "Access to resources and entrepreneurial well-being: A self-efficacy approach," Journal of Business Research, Elsevier, vol. 120(C), pages 203-212.
    8. Daria Kautto, 2019. "Social influences in cross-border entrepreneurial migration policy," Journal of International Business Policy, Palgrave Macmillan, vol. 2(4), pages 397-412, December.
    9. Marjolein C. J. Caniëls & Anna Motylska-Kuźma, 2023. "Entrepreneurial intention and creative performance – the role of distress tolerance," International Entrepreneurship and Management Journal, Springer, vol. 19(3), pages 1131-1152, September.
    10. Christopher Schlaegel & Robert L. Engle & Nicole Franziska Richter & Pia Christin Taureck, 2021. "Personal factors, entrepreneurial intention, and entrepreneurial status: A multinational study in three institutional environments," Journal of International Entrepreneurship, Springer, vol. 19(3), pages 357-398, September.
    11. Tantawy, Maha & Herbert, Kendall & McNally, Jeffrey J. & Mengel, Thomas & Piperopoulos, Panagiotis & Foord, David, 2021. "Bringing creativity back to entrepreneurship education: Creative self-efficacy, creative process engagement, and entrepreneurial intentions," Journal of Business Venturing Insights, Elsevier, vol. 15(C).
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    13. Gustavo Barrera-Verdugo, 2021. "Impact of self-perceptions, social norms, and social capital on nascent entrepreneurs: a comparative analysis by level of economic development in Latin American countries," Journal of Innovation and Entrepreneurship, Springer, vol. 10(1), pages 1-19, December.
    14. Dheer, Ratan J.S. & Lenartowicz, Tomasz, 2020. "Effect of generational status on immigrants’ intentions to start new ventures: The role of cognitions," Journal of World Business, Elsevier, vol. 55(3).
    15. Pham, Dung & Jones, Paul & Dobson, Stephen & Liñán, Francisco & Viala, Céline, 2021. "Entrepreneurial implementation intention as a tool to moderate the stability of entrepreneurial goal intention: A sensemaking approach," Journal of Business Research, Elsevier, vol. 123(C), pages 97-105.
    16. Michela Loi & Alain Fayolle & Marco van Gelderen & Elen Riot & Deema Refai & David Higgins & Radi Haloub & Marcus Alexandre Yshikawa Salusse & Erwan Lamy & Caroline Verzat & Fabrice Cavarretta, 2022. "Entrepreneurship Education at the Crossroads: Challenging Taken-for-Granted Assumptions and Opening New Perspectives," Post-Print hal-03983114, HAL.
    17. Yang, Feifei & Yang, Miles M., 2022. "Does cross-cultural experience matter for new venture performance? The moderating role of socio-cognitive traits," Journal of Business Research, Elsevier, vol. 138(C), pages 38-51.
    18. Dan Cohen & Dan K. Hsu & Rachel S. Shinnar, 2021. "Identifying innovative opportunities in the entrepreneurship classroom: a new approach and empirical test," Small Business Economics, Springer, vol. 57(4), pages 1931-1955, December.
    19. Christian Fisch & Michael Wyrwich & Thi Lanh Nguyen & Joern H. Block, 2020. "Historical institutional differences and entrepreneurship: the case of socialist legacy in Vietnam," Jena Economics Research Papers 2020-002, Friedrich-Schiller-University Jena.
    20. Anthony Igwe & Anastasia Ogbo & Emmanuel Agbaeze & James Abugu & Charity Ezenwakwelu & Henry Okwo, 2020. "Self-Efficacy and Subjective Norms as Moderators in the Networking Competence–Social Entrepreneurial Intentions Link," SAGE Open, , vol. 10(3), pages 21582440209, July.
    21. Jia Bao & Junsheng Dou, 2021. "The Formation of Subsequent Entrepreneurial Intention: Happiness Matters," Sustainability, MDPI, vol. 13(21), pages 1-19, November.
    22. Hoang, Giang & Luu, Tuan Trong & Le, Thuy Thu Thi & Tran, Anh Kim Thi, 2022. "Dark Triad traits affecting entrepreneurial intentions: The roles of opportunity recognition and locus of control," Journal of Business Venturing Insights, Elsevier, vol. 17(C).
    23. To, Chester K.M. & Castillo, Agustin Carrilero & Berenguer, Klaus Jurgen Ulrich & Chau, K.P., 2021. "Riding on an entrepreneurial intention cycle? Explaining bidirectional spillover between volition and motivation," Technological Forecasting and Social Change, Elsevier, vol. 173(C).

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