Understanding Entrepreneurial Commitment: A Test of Side-Bet Theory

Laëtita Gabay-Mariani and Saulo Dubard Barbosa ()
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Laëtita Gabay-Mariani: Kedge BS - Kedge Business School
Saulo Dubard Barbosa: EM - EMLyon Business School

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Abstract: This paper contributes to the burgeoning literature on entrepreneurial commitment by providing a first empirical investigation of Howard Becker's side-bet theory in the context of nascent entrepreneurship. We investigate how different forms of commitment relate to both entrepreneurial behavior and various side-bet categories: satisfying conditions, non-work concerns, others' expectations, impersonal bureaucratic arrangements, perceived lack of alternatives, individual adjustments to social positions, and self-presentation concerns. We collected data from a representative sample (n = 242) of individuals granted with the French national student-entrepreneur status (NSES). Results froms hierarchical linear regressions reveal different patterns of side bets associated with entrepreneurial commitment, depending on its nature (value-based or exchange-based) and on its focus (the project or the profession). Our study (1) extends side-bet theory to the field of entrepreneurship and (2) improves understanding of factors associated with commitment during the volitional phase of the entrepreneurial process.

Keywords: Entrepreneurial process; Commitment; Side-bet theory; Volition; Nascent entrepreneur; Student entrepreneur (search for similar items in EconPapers)
Date: 2024-09-30
New Economics Papers: this item is included in nep-sbm
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Published in M@n@gement, 2024, 27 (4), 37-57 p. ⟨10.37725/mgmt.2024.8653⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-04731670

DOI: 10.37725/mgmt.2024.8653

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