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Digital infrastructure and entrepreneurial action-formation: A multilevel study

Philipp Schade and Monika C. Schuhmacher

Journal of Business Venturing, 2022, vol. 37, issue 5

Abstract: This study investigates how country-level digital infrastructure shapes the relationships between the action-formation mechanisms of socio-cognitive traits, i.e., entrepreneurial self-efficacy, fear of failure, and opportunity recognition, and entrepreneurial action. We amalgamate the agent-centric social cognitive theory with the external enabler framework and apply mechanism-based theorizing to explain how access-related mechanisms provided by digital infrastructure influence entrepreneurial action-formation. Based on a multilevel analysis of 344,265 individual-level observations from 46 countries and an additional robustness analysis of 391,119 individuals from 53 countries, we find that an individual's proclivity to starting a new venture is contingent upon the level of the digital infrastructure of a country. The empirical results show that a country's digital infrastructure is an external enabler that moderates the relationship between socio-cognitive traits and entrepreneurial action.

Keywords: Entrepreneurial action; Digital infrastructure; Social cognitive theory; External enabler framework; Mechanism-based theorizing; Multilevel analysis (search for similar items in EconPapers)
JEL-codes: D91 L26 (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (16)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jbvent:v:37:y:2022:i:5:s0883902622000441

DOI: 10.1016/j.jbusvent.2022.106232

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