Self-Efficacy in Disrupted Environments: COVID-19 as a Natural Experiment

Carsten Bergenholtz*, Kim Klyver, Oana Vuculescu

*Kontaktforfatter

Publikation: Bidrag til tidsskriftTidsskriftartikelForskningpeer review

Abstract

In two studies, we investigate whether the link between entrepreneurial self-efficacy and entrepreneurial intentions depends on outcome expectations. In Study 1, we exploit the COVID-19-induced lockdown as a natural experiment in a two-wave student sample. We compare the efficacy–intention link in survey responses submitted right before and right after the lockdown. In Study 2, we conceptually replicate and extend the findings via an online vignette experiment. Together, these studies show that a disruption of stable institutionalized outcome expectations implying increasing risk and uncertainty makes self-efficacy a weaker predictor of entrepreneurial intentions, particularly among those with pessimistic perceptions.

OriginalsprogEngelsk
TidsskriftEntrepreneurship Theory and Practice
Vol/bind47
Udgave nummer3
Sider (fra-til)724-750
ISSN1042-2587
DOI
StatusUdgivet - 2023

Bibliografisk note

Publisher Copyright:
© The Author(s) 2021.

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