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Revisiting entrepreneurial intentions: a social cognitive career theory approach

Eric W. Liguori (), Joshua S. Bendickson () and William C. McDowell ()
Additional contact information
Eric W. Liguori: Rowan University
Joshua S. Bendickson: University of Louisiana at Lafayette
William C. McDowell: Bradley University

International Entrepreneurship and Management Journal, 2018, vol. 14, issue 1, No 6, 67-78

Abstract: 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.

Keywords: Social cognitive career theory; Self-efficacy; Entrepreneurial intentions (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (24)

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DOI: 10.1007/s11365-017-0462-7

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