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Revisiting entrepreneurial intentions: a social cognitive career theory approach

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  • Eric W. Liguori

    (Rowan University)

  • Joshua S. Bendickson

    (University of Louisiana at Lafayette)

  • William C. McDowell

    (Bradley University)

Abstract

This manuscript expands upon the extant knowledge of self-efficacy by applying social cognitive career theory (SCCT) to entrepreneurship, positing that it is a robust theoretical framework to study individual entrepreneurial activity. Additionally, self-efficacy is an important entrepreneurial construct, central to our understanding of entrepreneurial phenomena, so we explore how self-efficacy shapes entrepreneurial intentions, and provide arguments regarding the roles of both domain-specific and generalized self-efficacy. More specifically, we posit several SCCT-informed propositions: person inputs (generalized self-efficacy, gender, minority status) and environmental / background inputs (prior work experience, prior entrepreneurship experience, and prior family business exposure) significantly impacted entrepreneurial self-efficacy and entrepreneurial outcome expectations; entrepreneurial self-efficacy mediates the person input – entrepreneurial outcome expectations and person input – entrepreneurial intentions relationships, and entrepreneurial outcome expectations mediates the person inputs – entrepreneurial intentions relationship. In sum, this manuscript affirms the importance of SCCT in predicting EI, thus introducing a new perspective to the entrepreneurship literature that may provide unique insights in other areas as well.

Suggested Citation

  • Eric W. Liguori & Joshua S. Bendickson & William C. McDowell, 2018. "Revisiting entrepreneurial intentions: a social cognitive career theory approach," International Entrepreneurship and Management Journal, Springer, vol. 14(1), pages 67-78, March.
    • Handle: RePEc:spr:intemj:v:14:y:2018:i:1:d:10.1007_s11365-017-0462-7
    DOI: 10.1007/s11365-017-0462-7
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