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The Effects of Strategic Decision Making on Entrepreneurial Self‐Efficacy

The Effects of Strategic Decision Making on Entrepreneurial Self‐Efficacy This study builds on the construct of entrepreneurial self‐efficacy (ESE), which measures the degree to which individuals believe they are capable of performing the tasks associated with new‐venture management. I examined whether entrepreneurs’ levels of ESE are influenced by the ways in which their ventures make strategic decisions. Results show that entrepreneurs exhibit a stronger belief in their own abilities when their ventures make decisions in ways that involve other employees, that are more comprehensive, and that incorporate more current information. Exploratory analyses also provide preliminary evidence that ESE enhances firm performance. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Entrepreneurship Theory and Practice Wiley

The Effects of Strategic Decision Making on Entrepreneurial Self‐Efficacy

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Publisher
Wiley
Copyright
Copyright © 2005 Wiley Subscription Services, Inc., A Wiley Company
ISSN
1042-2587
eISSN
1540-6520
DOI
10.1111/j.1540-6520.2005.00100.x
Publisher site
See Article on Publisher Site

Abstract

This study builds on the construct of entrepreneurial self‐efficacy (ESE), which measures the degree to which individuals believe they are capable of performing the tasks associated with new‐venture management. I examined whether entrepreneurs’ levels of ESE are influenced by the ways in which their ventures make strategic decisions. Results show that entrepreneurs exhibit a stronger belief in their own abilities when their ventures make decisions in ways that involve other employees, that are more comprehensive, and that incorporate more current information. Exploratory analyses also provide preliminary evidence that ESE enhances firm performance.

Journal

Entrepreneurship Theory and PracticeWiley

Published: Sep 1, 2005

References

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