The Role of Entrepreneurial Self-Efficacy in Resources Acquisition in a New Venture: The Mediating Role of Effectuation

Qamaruddin Maitlo, Frida Thomas Pacho, Jia Liu, Tahseen Ahmed Bhutto and Wang Xuhui

SAGE Open, 2020, vol. 10, issue 4, 2158244020963571

Abstract: The present study aims to explore the role of entrepreneurial self-efficacy (ESE) concept with a combination of an effectuation concept. First, it examined the effect of ESE on resources acquisition in a new venture in an emerging country’s context. Second, it attempted to use effectuation principles, namely, affordable loss, set of means, and precommitment as mediators in a relationship between ESE and resource acquisition in a new venture. A sample of 462 agro-processing entrepreneurs is explicitly surveyed and interviewed. The hierarchical regression and structural equation model were employed to analyze the data. Results showed that an ESE has a significant positive effect on the venture’s resources acquisition ability. Moreover, results showed that the effect of ESE in resource acquisition is manifested through affordable loss, precommitment, and set of means principles. Theoretically, this study extends the knowledge on the mediating role of effectuation principles using ESE in pursuing essential venture functions such as resources acquisition.

Keywords: effectuation; resources acquisition; entrepreneurial self-efficacy (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://journals.sagepub.com/doi/10.1177/2158244020963571 (text/html)

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:sae:sagope:v:10:y:2020:i:4:p:2158244020963571

DOI: 10.1177/2158244020963571

Access Statistics for this article

More articles in SAGE Open
Bibliographic data for series maintained by SAGE Publications ().