Entrepreneur Self-efficacy Research Articles

Hubungan Entreperneur Self-Efficacy dengan Hardiness terhadap Pemuda dalam Kewirausahaan di Masa Pandemi

This study aims to determine the level and relationship of entrepreneur self-efficacy and hardiness. In line with the objectives of this research, this research uses quantitative research methods. The research subjects were 150 youths. The method of data collection is by distributing questionnaires. With the data management method using descriptive analysis and correlation test. The results of this study that youth have a high level of entrepreneurial self-efficacy or entrepreneurial self-efficacy. This is obtained from the data, namely youth with a high category of self-efficacy in entrepreneurship as many as 74 people. The data obtained shows relevance to the factor, namely the pressure obtained due to the pandemic period causing youth to have self-initiation against the conditions experienced. Therefore, the entrepreneurial attitude dimensions of self-efficacy and hardiness are needed for the formation of strong and confident entrepreneurs, especially during a pandemic which requires taking risks when economic growth declines.

Hubungan Entreperneur Self-Efficacy dengan Hardiness terhadap Pemuda dalam Kewirausahaan di Masa Pandemi

This study aims to determine the level and relationship of entrepreneur self-efficacy and hardiness. In line with the objectives of this research, this research uses quantitative research methods. The research subjects were 150 youths. The method of data collection is by distributing questionnaires. With the data management method using descriptive analysis and correlation test. The results of this study that youth have a high level of entrepreneurial self-efficacy or entrepreneurial self-efficacy. This is obtained from the data, namely youth with a high category of self-efficacy in entrepreneurship as many as 74 people. The data obtained shows relevance to the factor, namely the pressure obtained due to the pandemic period causing youth to have self-initiation against the conditions experienced. Therefore, the entrepreneurial attitude dimensions of self-efficacy and hardiness are needed for the formation of strong and confident entrepreneurs, especially during a pandemic which requires taking risks when economic growth declines.

Strategi Pelayanan Dalam Meningkatkan Kepuasan Nasabah di PT. Permodalan Nasional Madani Ulamm Syariah Cabang Bangko

Until now, there are still many who are afraid to start a business, including online business, so a real manifestation of a successful businessman has high self-efficacy/ability in starting a business. Apart from having the ability, a businessman must also be able to understand marketing planning and strategy. well in developing a business so that the business succeeds as expected, therefore the purpose of this research is to find out: 1) How is the self-efficacy of entrepreneurs in online business for FEBI students, 2) What is the strategy for developing entrepreneurship in online business for FEBI students, 3) What are the obstacles faced in developing entrepreneurs in the online business of FEBI students. This type of research is qualitative with a descriptive approach, and the methods used in data collection are observation, interviews and documentation. The subjects in this study were students who had been running their online business for more than 3 years. The number of subjects in this study were 10 people. The results of this study note that FEBI students have high self-efficacy in online business or entrepreneurship, students are confident in their abilities and have expectations for their abilities in doing business online, in building confidence students obtain from several sources, namely personal experience, other people's experiences, verbal persuasion and emotional state. In the student business development strategy it is still not running well and efficiently, and there are obstacles to student businesses such as suppliers, competitors, capital and customers.

Intrinsic Motivation on Entrepreneurs' Intention to Adopt Crowdfunding: The Case of Kiva Lending Crowdfunding

The study investigated the entrepreneur's intrinsic motivation and its relationship to the adoption of crowdfunding using a Kiva lending crowdfunding platform as case study. A total 241 entrepreneurs in Tanzania were surveyed using Partial Least Squares-based Structural Equation Modeling (PLS-SEM 3) to examine whether perceived behavioural control, personal attitude, and self-efficacy were predictors of entrepreneurs’ intention to adopt crowdfunding. The results indicated that an entrepreneur's self-efficacy, attitude, and perceived behaviour control significantly determine their intention to adopt crowdfunding. The study revealed that entrepreneurs who engaged in crowdfunding possessed a high degree of self-assurance in their abilities, indicating that they were confident in their capacity to perform the necessary tasks to complete the fundraising process. Moreover, the research highlights the importance of understanding the attitudes of entrepreneurs towards crowdfunding. Entrepreneurs with positive attitudes towards crowdfunding were more likely to engage in it to raise funds for their venture. The findings suggested that crowdfunding platforms should pay attention to the attitudes of entrepreneurs towards crowdfunding to understand their motivations and expectations better. This will enable crowdfunding platforms to tailor their services to meet the needs and expectations of entrepreneurs, ultimately resulting in a more successful crowdfunding experience for all parties involved.

Analisis Efikasi Diri Dan Pengembangan Usaha Pada Mahasiswa Fakultas Ekonomi Dan Bisnis Islam UIN Jambi

Until now, there are still many who are afraid to start a business, including online business, so a real manifestation of a successful businessman has high self-efficacy/ability in starting a business. Apart from having the ability, a businessman must also be able to understand marketing planning and strategy. well in developing a business so that the business succeeds as expected, therefore the purpose of this research is to find out: 1) How is the self-efficacy of entrepreneurs in online business for FEBI students, 2) What is the strategy for developing entrepreneurship in online business for FEBI students, 3) What are the obstacles faced in developing entrepreneurs in the online business of FEBI students. This type of research is qualitative with a descriptive approach, and the methods used in data collection are observation, interviews and documentation. The subjects in this study were students who had been running their online business for more than 3 years. The number of subjects in this study were 10 people. The results of this study note that FEBI students have high self-efficacy in online business or entrepreneurship, students are confident in their abilities and have expectations for their abilities in doing business online, in building confidence students obtain from several sources, namely personal experience, other people's experiences, verbal persuasion and emotional state. In the student business development strategy it is still not running well and efficiently, and there are obstacles to student businesses such as suppliers, competitors, capital and customers.

Learning Goal Orientation (LGO) and Mentor Function Effect on Entrepeneurship Self-Efficacy in Medium Small Enterprises Bojonegoro

Background: The role of an entrepreneur's internal dispositions and external support mechanisms in influencing self-efficacy remains a subject of keen interest. The Bojonegoro region, with its unique entrepreneurial landscape, provides a rich context for such exploration. Objective: To unravel the intricate relationships which shape an entrepreneur's self-efficacy, focusing primarily on the contributions of Learning Goal Orientation (LGO) and Mentoring Function (MF). Method: A questionnaire-based approach was employed targeting 30 small and medium-sized enterprises (SMEs) in Bojonegoro, using the purposive sampling method. The gathered data was meticulously analyzed using SPSS's 25th edition under multiple linear regression analysis. Results: Findings highlighted the significant positive effect of LGO on Entrepreneur Self-Efficacy. While MF alone did not directly influence self-efficacy, its combined effect with LGO showcased a synergistic positive impact. Conclusion: The research underscores the importance of both an entrepreneur's learning mindset and effective mentoring in shaping self-efficacy. Emphasizing these factors can offer a more holistic approach to entrepreneurial training and development programs, especially in regions akin to Bojonegoro. Keywords: Entrepreneur Self-Efficacy, Learning Goal Orientation (LGO), Mentoring Function (MF), Small and Medium-sized Enterprises (SMEs)

Analysis of the Effect of Entrepreneurship Education, Family Environment

Issues of entrepreneurial intentions often center on challenges related to the self-efficacy of entrepreneurs and the support provided by the family environment for entrepreneurship education among university students. The purpose of this study is to examine the impact of entrepreneurship education, family environment, and entrepreneurial self-efficacy on entrepreneurial intention among undergraduate students at private universities in Surabaya. An inferential research design was used in this study. Because the data was obtained at one point in time, this research is cross-sectional. The scientific study was conducted on a sample of undergraduate students from private higher education institutions in Surabaya. These participants were selected due to their involvement in entrepreneurial activities. In this study, 377 students agreed to participate and completed the questionnaire. Entrepreneurship education and the family environment have a strong beneficial impact on entrepreneurial self-efficacy and entrepreneurial ambition. Entrepreneurial self-efficacy is able to influence entrepreneurial intention in a favorable and substantial way. This research examined the impact of entrepreneurship education and family environment on entrepreneurial intention but did not look at entrepreneurial behavior, particularly how people start new businesses. As a result of the findings of this study, future research will provide a conceptual framework for evaluating entrepreneurship education providers across the board. This research intends to use a mixture of environmental and internal characteristics to assess entrepreneurial propensity.

THE INFLUENCE OF ENTREPRENEURSHIP EDUCATION AND E-COMMERCE BUSINESS COMMUNICATIONS PERSPECTIVE ON ENTREPRENEUR SELF EFFICACY MEDIATED INTENSITY IN STUDENTS OF THE FACULTY OF ECONOMICS AND BUSINESS UNIVERSITAS NEGERI SURABAYA

The importance of this study aims to examine the effect of entrepreneurship education and the perspective of e-commerce business communication on entrepreneurial intensity mediated by entrepreneur self-efficacy in students of the economics and business faculties of Surabaya State University. This research uses a type of descriptive quantitative research with path analysis to look for relationships in each variable. The number of samples was 303 students from a total population of 1253 students from the 2019-2021 class. The research findings reveal that entrepreneurial intentions are indirectly influenced by entrepreneurship education, which means that entrepreneur self-efficacy has succeeded in mediating entrepreneurship education on the entrepreneurial intensity of students at the Faculty of Economics and Business, Universitas Negeri Surabaya. As for the e-commerce business perspective, it does not significantly influence the entrepreneurial intensity of students at the Faculty of Economics and Business Universitas Negeri Surabaya

Perceived Passion and Funding Success: The Moderation of Entrepreneur Self-Efficacy and Experience

This study investigated the effects of perceived passion on evaluations of funding potential, as well as the moderating effect of two important entrepreneur-related variables which are dominant in entrepreneurial financing research: entrepreneurial self-efficacy and successful previous founding experience. Data was collected during real startup pitch competitions, in which 228 investors evaluated 85 early-stage ventures. The results indicate that perceived entrepreneur passion was positively associated with evaluations of funding potential. Among entrepreneurs with who exhibited high levels of entrepreneurial self-efficacy the association between perceived entrepreneur passion and evaluations of funding potential was positive and significant but was not significant for entrepreneurs with low levels of entrepreneurial self-efficacy. However, counter to the conceptual model, the findings show that successful previous founding experience did not have a direct or a moderating effect on investors’ evaluations of funding potential.

ENTREPRENEURIAL SELF-EFFICACY AND BUSINESS SUCCESS OF ENTREPRENEURS IN THE REPUBLIC OF SERBIA: A PILOT STUDY

The entrepreneurial self-efficacy is generally considered to be an important determinant of the entrepreneurship as a career choice. Another stream of the research on entrepreneurial self-efficacy is focused on exploring the link between this construct and the entrepreneurs’ business performance. Present study tries to fill the gap within this research field in the Serbian context by examining the relations of the entrepreneurial self-efficacy of entrepreneurs operating in the Republic of Serbia to their business performance. The study explores the nature of the relationship between the entrepreneurs’ business success and their general entrepreneurial self-efficacy (captured by one holistic measure), but also between business success and different dimensions of the entrepreneurial self-efficacy. Results show that general entrepreneurial self-efficacy and different dimensions of this construct are positively correlated to business success both measured by net profit and by a composite indicator of business success. The exception is the entrepreneurial self-efficacy in finance which is negatively correlated to the composite index of business success. Nevertheless, in the majority of cases, the results show the existence of the hypothesized directions of the relationship.

Gender Disparities in Students’ Entrepreneurial Self-Efficacy (ESE) with Various Areas

Previous research showed that entrepreneurial self-efficacy (ESE) plays an essential role in the behavior and success of a person’s career in entrepreneurship. On the other hand, various reports also showed that women’s participation in entrepreneurial work is still meager compared to that of men. The research examined differences in ESE and distribution among male and female students in various majors in vocational high schools from a region with a dominant ethnicity, namely, Bugis-Makassar, namely, Makassar City. This research is aimed at determining the differences between male and female students’ entrepreneurial self-efficacy (ESE) from various areas of expertise at vocational high schools in Makassar. This study consisted of 812 students (331 males and 481 females), representing seven areas of expertise. They were selected using a multistage cluster sampling technique from 11 vocational high schools in Makassar, Indonesia. The applied ESE instrument was adapted from the Entrepreneur Self-Efficacy Scale. Data were analyzed using descriptive and inferential analyses, i.e., MANOVA and independent samples T -test. The results indicated that gender segregation is still high in the distribution of students. Furthermore, the disparity of ESE is found between male and female students in various areas of expertise at vocational high schools.

Role of Entrepreneurial Self-Efficacy and Risk-Taking Tendencies in the Relationship Between Financial Literacy and Entrepreneurial Intention

Background: In order for entrepreneurs and people who intend to start a venture to be able to use their budgets optimally, to evaluate their investments correctly, to take risks for investment areas that will create opportunities, it is necessary to possess a proper set of skills.Research objectives: The study's primary purpose is to determine the mediating role of entrepreneurs' self-efficacy and risk-taking tendency in the relationship between financial literacy and entrepreneurial intention. The study also aims to establish whether relationships between financial literacy, entrepreneur self-efficacy, risk-taking tendency, entrepreneurial intention, significantly differ according to gender, age, financial literacy and entrepreneurship training.Research design and methods: The sample of the study consists of university students who are potential entrepreneur candidates in the future. Relationships between financial literacy, entrepreneurial self-efficacy, risk-taking tendency and entrepreneurial intention were analysed using simple linear regression analysis. SPSS PROCESS (Hayes) plugin was used to test the mediating effects.Results: It was observed that the participants could be evaluated at an acceptable level in terms of financial literacy. However, they were at a moderate level in terms of entrepreneurship self-efficacy and intention and risk-taking tendency. When the relationships between financial literacy, entrepreneurial self-efficacy, risk-taking tendency and entrepreneurial intention were examined, it was concluded that there were significant and positive relationships between all of the variables discussed.Conclusions: Financial literacy, self-efficacy, risk-taking tendency and entrepreneurial intention are features that are in meaningfully supportive relationships.

The relationship between entrepreneurial passion, entrepreneurial self efficacy, and entrepreneurial intention in housewives context

This study examined the relationship between entrepreneurial passion, entrepreneurial self-efficacy, and entrepreneurial intention. This hypothesis proposes that entrepreneurial passion positively affects entrepreneurial intention. Furthermore, this study also hypothesizes that entrepreneurial emphasizing on entrepreneurial intention is mediated by entrepreneur self-efficacy. The present study takes a sample from housewives who run businesses in Banyumas. This study uses a convenience method for choosing 236 housewives who run businesses. This method is chosen because there is no sampling frame in this population. The results show that Entrepreneurial passion positively influences entrepreneurial intention. Entrepreneurial self-efficacy mediates the relationship between entrepreneurial passion and entrepreneurial intention.

Entrepreneurial Learning, Self-Efficacy, and Firm Performance: Exploring Moderating Effect of Entrepreneurial Orientation.

Although the impact entrepreneurial learning on firm performance has attracted significant attention, a comprehensive understanding by integrating entrepreneurial orientation and individual self-efficacy remain poorly understood. We fill this void by integrating the above variables into a model and examine these relations. Findings from a sample of 411 nascent entrepreneurs support that entrepreneurial learning is positively related to firm performance, and this relationship is fully mediated by entrepreneurial self-efficacy (ESE). We also found entrepreneurial orientation strengthens the positive impact of entrepreneurial learning on ESE. The findings indicate that ESE must be in place to maximize the effect of entrepreneurial learning on performance, and entrepreneurial orientation is an important contingency in shaping entrepreneurial learning's impact on nascent entrepreneur's self-efficacy.

Usklajevanje poklicnega in zasebnega življenja podjetnikov v Sloveniji: empirična preverba

Due to the nature of work-life balance, entrepreneurs cope greater challenges – the boundary between the two areas is heavily blurred in terms of time and responsibility. Understanding the mechanisms of balancing all entrepreneurial roles (at work and in the family) and the factors that influence the success of balancing is crucial for entrepreneurs and all those who think about the entrepreneurial path, as well as for those who form public policies to support and promote entrepreneurship. The main aim of the paper is to investigate the impact of the variables identified in the theoretical verification on satisfaction with work-life balance of entrepreneurs. Variables self efficacy and social support are emerging as the key factors. The main research question is how workplace social support and social support by family and the entrepreneur's self-efficacy affect satisfaction with work-life balance. The results of our study show that there is a statistically significant and positive association between self-efficacy and satisfaction with work-life balance. This means that entrepreneurs with a higher level of perceived self-efficacy are more likely to feel a higher level of satisfaction if they put more effort into work-life balance. Furthermore, there is a positive link between social support by co-workers and satisfaction with work-life balance, a positive link between social support by partner and satisfaction with work-life balance, and a negative link between social support by family and satisfaction work-life balance. There is a negative link between social support by co-workers and self-efficacy, a positive link between social support by partner and self-efficacy, and a positive link between social support by family and self-efficacy.

Information Overload and the Entrepreneurs’ Behaviour: Mediating Role of Entrepreneurial Self-Efficacy

Undoubtedly, the entrepreneur is the key to the initiation of the entrepreneurial process and firm performance. Since entrepreneurs vary in their background and abilities, researchers have examined the factors impacting their performance. Previous results show that personality characteristics and self-efficacy of entrepreneurs had a positive impact on their performance. In this study, we consider that entrepreneurs’ self-efficacy (ESE) is a multi-dimensional concept and identify six inherent dimensions. Further, we include two other variables that have not received adequate attention in the literature so far, namely, entrepreneurial information overload (EIO) and entrepreneurs’ human resources management (HRM) behaviour. To undertake empirical analysis, we developed a conceptual framework that proposes a negative impact of entrepreneurial information overload on entrepreneurial self-efficacy and entrepreneurs’ HRM behaviour. Responses from 403 entrepreneurs of a large emerging economy were subjected to path-based multiple regression analysis. The results reveal that information overload has a direct impact on all the ESE dimensions, except on planning tasks. Although there is no direct effect of EIO on entrepreneurs’ HRM behaviour, there is an indirect effect through the mediating role of ESE. These results suggest the need for appropriate strategies to help entrepreneurs to deal with information overload and ways to improve specific dimensions of ESE as necessary. Further, this study provides a platform for empirical research for future studies.

EFFECT OF GLOBAL MINDSET AND ENTREPRENEURIAL MOTIVATION TO ENTREPRENEURIAL SELF-EFFICACY AND IMPLICATION TO ENTREPRENEURIAL INTENTION

The research method used a quantitative approach, which the sample of in this study were 100 Stdents of Faculty of Economics of Mercu Buana University (MBU), Jakarta, academic year 2019/2019 as the representative of the population of Faculty of Economics at the same year. Data collection techniques using interview and questionnaire. The questionnaire survey instrument was delivered to the respondents. Data were analyzed by using structural equation model (SEM) with the Smart PLS3.0 software program. This study reveals that the global mindset significantly influence to entrepreneur self-efficacy and to Entrepreneur Intention. Otherwise, entrepreneur moti-vation has no significant effect to entrepreneur self-efficacy and to entrepreneur intention. Self-Efficacy significantly mediate Globbal Mindset to Entreprepr-eneurial Intention, but it does not significantly mediate Entrepreneurial Motivation to Entrepreneurial Intention. Other finding, Global Mindset and Entrepreneurial Motivation are simultaneously and significantly influence Self-Efficacy; and three of proposed variable are simultaneuosly and significantly influence Entrepreneurial Intention. Refers to the research finding, the main factor to anyone to become as an Entrepreneur is mindset. Thus, one should have been involve with Entrepreneurship activity trough first hand experience from a young age

Ramification of Crowdfunding on Entrepreneur Self-efficacy

Ramification of Crowdfunding on Entrepreneur Self-efficacy

Scale Development and Scale Testing of Student’s Entrepreneur Self-Efficacy (SES): Preliminary Psychometric Test

Entrepreneurial Self-Efficacy is the degree to which people perceive themselves as having the ability to perform the various roles and tasks of entrepreneurship successfully. This paper aims to develop and validate the scale to measure commerce and management graduates student’s Entrepreneurial Self-Efficacy. We have used various validation techniques like face validity, logical validity, construct validity, criterion and discriminate validity to make our questioner standard. The factor analysis is used to handle the factors in the constructed scale. With the use of reliability of scale and factors analysis, the six factors present in the scale are finalized. The six factors are developed here are as a Product (13 Questions), Build innovative environment (5 Questions), Investor relationship (13 Questions), Define core purpose (07 Questions), Handle unexpected challenges (21 Questions), and Develop HR (15 Questions). We have made the Questionnaire of 74 questions and then validate it to test the Student’s Entrepreneur Self-Efficacy among commerce and management graduates.

The Relationship Between Innovation and Diversification in the Case of New Ventures: Unidirectional or Bidirectional?

The present study examines the relationship between innovation and product diversification as growth strategies for new ventures. Specifically, it considers whether the relationship between these growth dimensions is unidirectional, with one preceding or following the other, or bidirectional, with both dimensions developing simultaneously. To develop theoretical arguments, we draw upon the divergent assertions of two theoretical traditions: the resource-based view and sociocognitive theory (SCT). The results show strong evidence of simultaneity and endogeneity between innovation and diversification. This finding strengthens the interpretation provided by SCT, suggesting that new venture strategies are extensions of an entrepreneur's ability scripts. They point to the prominent role of an entrepreneur's self-efficacy and education-related knowledge. Implications are discussed.