Entrepreneurial self-efficacy in Central Asian transition economies: quantitative and qualitative analyses

Fred Luthans and Elina S Ibrayeva
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Fred Luthans: Department of Management, University of Nebraska, Lincoln, Nebraska, USA
Elina S Ibrayeva: Department of Business and Public Affairs, Southwest State University, Marshall, Minnesota, USA

Journal of International Business Studies, 2006, vol. 37, issue 1, 92-110

Abstract: In both quantitative and qualitative field studies, the self-efficacy of entrepreneurs in the transition economies of Kazakhstan and Kyrgyzstan is examined. Using a social cognitive framework, the complex interaction among these entrepreneurs' (N=133) personal characteristics, environment, and self-efficacy is analyzed by structural equation modeling. Their self-efficacy was found to have a direct and mediating impact on performance. Another sample of entrepreneurs from these countries (N=239) qualitatively assessed what they actually do in their day-to-day activities. The findings from these two studies contribute to better understanding and have implications for successful entrepreneurial practice in countries undergoing the difficult process of transition to a market economy. Journal of International Business Studies (2006) 37, 92–110. doi:10.1057/palgrave.jibs.8400173

Date: 2006
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