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Self‐efficacy, self‐esteem, and entrepreneurship among the unemployed
Author(s) -
Laguna Mariola
Publication year - 2013
Publication title -
journal of applied social psychology
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.822
H-Index - 111
eISSN - 1559-1816
pISSN - 0021-9029
DOI - 10.1111/j.1559-1816.2012.00994.x
Subject(s) - psychology , self efficacy , entrepreneurship , variance (accounting) , referent , social psychology , self employment , multivariate statistics , self esteem , self , economics , statistics , linguistics , philosophy , mathematics , accounting , finance
This study focuses on entrepreneurial self‐efficacy, general self‐efficacy, and global self‐esteem and on their role in the entrepreneurial process. Apart from providing evidence of the relationship between these self‐beliefs and entrepreneurial intention, it also demonstrates how they are related to actual business start‐up. Longitudinal data were obtained from 332 unemployed individuals. After 1 year, official confirmations of new firm registrations were collected. Higher levels of all 3 self‐referent beliefs were positively associated with entrepreneurial intention. Multivariate analyses showed that entrepreneurial and general self‐efficacy beliefs were important predictors of this intention. Self‐referent beliefs accounted for an additional 12% of the variance in entrepreneurial intention and for an additional 4% of the variance in actual business start‐up beyond the demographic variables.