The Entrepreneurial Self-Efficacy of Micro-Entrepreneurs: A Social Cognitive Perspective

P. Varsha Pramod and Remya Ramachandran

Forum for Social Economics, 2025, vol. 54, issue 2, 225-239

Abstract: Today, the world is witnessing a massive transformation in all spheres of activity as a result of the outbreak of the COVID-19 pandemic. Recognising opportunities is more crucial than ever. The purpose of this article is to analyse the impact of social capital (SC) on the opportunity recognition (OR) of micro-entrepreneurs through entrepreneurial self-efficacy. The study is in line with the social cognitive theory. Furthermore, the study analyses the influence of gender and type of business on SC, entrepreneurial self-efficacy and OR. Data were collected through a cross-sectional survey among micro-entrepreneurs in Kerala, India. Independent sample Z-test and structural equation modeling were used to analyse the data. The results reveal that entrepreneurial self-efficacy mediates the relationship between SC and OR. Sobel test was used to reaffirm the mediation effect. This study provides suggestions for enhancing entrepreneurial self-efficacy to better identify opportunities in today’s ever-changing global business environment.

Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/07360932.2023.2204204 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:fosoec:v:54:y:2025:i:2:p:225-239

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RFSE20

DOI: 10.1080/07360932.2023.2204204

Access Statistics for this article

Forum for Social Economics is currently edited by William Milberg, Dr Wolfram Elsner, Philip O'Hara, Cecilia Winters and Paolo Ramazzotti

More articles in Forum for Social Economics from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().