Is more always better with respect to entrepreneurial self-efficacy? An experimental investigation

Hayet Saadaoui ()
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Hayet Saadaoui: Higher Institute of Business Administration of Gafsa

Journal of Business Economics, 2024, vol. 94, issue 5, No 2, 26 pages

Abstract: Abstract This paper experimentally analyzes the effect of incidental emotions on destructive tendencies of the entrepreneurially self-efficacious. Subjects experience an emotion induction procedure that involves a visual stimulus triggering a negative or positive emotion. At this point, they participate in the joy-of-destruction mini-game in which two players simultaneously decide whether they have to reduce the other player’s payoff at their own cost. The results show that entrepreneurial self-efficacy could be related to more destructive behavior. Such behavior increases when individuals experience a positive emotional state. These results contribute to the growing literature on the potential downsides of high self-efficacy in entrepreneurial contexts and underscore the importance of considering the role of emotions in shaping economic decision-making.

Keywords: Entrepreneurial self-efficacy; Destruction; Emotions; Experiment (search for similar items in EconPapers)
JEL-codes: C91 D91 L26 (search for similar items in EconPapers)
Date: 2024
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DOI: 10.1007/s11573-023-01183-3

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