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“I know I can, but I don't fit”: Perceived fit, self-efficacy, and entrepreneurial intention

Dan K. Hsu, Burmeister-Lamp, Katrin, Sharon A. Simmons, Maw-Der Foo, Michelle C. Hong and Jesse D. Pipes

Journal of Business Venturing, 2019, vol. 34, issue 2, 311-326

Abstract: While extant literature generally suggests a positive relationship between entrepreneurial self-efficacy and entrepreneurial intention, several moderators have been identified – suggesting possible boundary conditions on that relationship. This paper introduces perceived person-entrepreneurship fit to entrepreneurship and shows that it moderates the relationship between entrepreneurial self-efficacy and entrepreneurial intention. Three studies are conducted which illuminate the utility of randomized experiments and methodological approaches to address limitations in the interpretation of empirical results. Studies 1 and 2 are randomized experiments to examine causality; Study 3 contains two correlational surveys to triangulate the results by examining whether the proposed effects withstand the influence of confounding variables in real-life. The findings indicate that when a strong perception of fit with entrepreneurship is achieved, entrepreneurial intention is strongly predicted by entrepreneurial self-efficacy. In contrast, if one perceives a low level of fit or no fit, entrepreneurial intention will be low, regardless of entrepreneurial self-efficacy.

Keywords: Perceived fit; Person-entrepreneurship fit; Needs-supplies fit; Entrepreneurial self-efficacy; Entrepreneurial intention (search for similar items in EconPapers)
Date: 2019
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Handle: RePEc:eee:jbvent:v:34:y:2019:i:2:p:311-326