TY - JOUR
T1 - Self-Efficacy in Disrupted Environments
T2 - COVID-19 as a Natural Experiment
AU - Bergenholtz, Carsten
AU - Klyver, Kim
AU - Vuculescu, Oana
N1 - Publisher Copyright:
© The Author(s) 2021.
PY - 2023/5
Y1 - 2023/5
N2 - In two studies, we investigate whether the link between entrepreneurial self-efficacy and entrepreneurial intentions depends on outcome expectations. In Study 1, we exploit the COVID-19-induced lockdown as a natural experiment in a two-wave student sample. We compare the efficacy–intention link in survey responses submitted right before and right after the lockdown. In Study 2, we conceptually replicate and extend the findings via an online vignette experiment. Together, these studies show that a disruption of stable institutionalized outcome expectations implying increasing risk and uncertainty makes self-efficacy a weaker predictor of entrepreneurial intentions, particularly among those with pessimistic perceptions.
AB - In two studies, we investigate whether the link between entrepreneurial self-efficacy and entrepreneurial intentions depends on outcome expectations. In Study 1, we exploit the COVID-19-induced lockdown as a natural experiment in a two-wave student sample. We compare the efficacy–intention link in survey responses submitted right before and right after the lockdown. In Study 2, we conceptually replicate and extend the findings via an online vignette experiment. Together, these studies show that a disruption of stable institutionalized outcome expectations implying increasing risk and uncertainty makes self-efficacy a weaker predictor of entrepreneurial intentions, particularly among those with pessimistic perceptions.
KW - Covid-19
KW - disrupted environment
KW - efficacy expectation
KW - entrepreneurial intention
KW - Entrepreneurship
KW - self-efficacy
KW - uncertainty
UR - http://www.scopus.com/inward/record.url?scp=85115603219&partnerID=8YFLogxK
U2 - 10.1177/10422587211046548
DO - 10.1177/10422587211046548
M3 - Journal article
AN - SCOPUS:85115603219
SN - 1042-2587
VL - 47
SP - 724
EP - 750
JO - Entrepreneurship: Theory and Practice
JF - Entrepreneurship: Theory and Practice
IS - 3
ER -