Journal
ENTREPRENEURSHIP THEORY AND PRACTICE
Volume 43, Issue 5, Pages 880-920Publisher
SAGE PUBLICATIONS INC
DOI: 10.1177/1042258717753142
Keywords
entrepreneurial intentions; theory of planned behavior; cognition; knowledge; learning; institutional theory
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Funding
- Colciencias [776(2017) - 57885]
- Universidad del Norte [2017-18]
- Business School Faculty Grant 2017
- Spanish Ministry of the Economy and Competitiveness [ECO2014-57131-R]
- Recercaixa research program - Obra Social La Caixa'' [2014ACUP0130]
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We study how the proximate and distal sociocultural environments affect the well-established relationship between entrepreneurial self-efficacy and entrepreneurial intentions. We focus on the institutional individualism-collectivism orientation of nations and the presence of nascent entrepreneurs as moderators of this relationship to account for the multilayered nature of the context. We observe that for individuals with entrepreneurial self-efficacy the positive effect of knowing nascent entrepreneurs as a driver of entrepreneurial intentions is weaker than for individuals who do not believe to be able to successfully launch a business venture. This effect is contingent on the individualistic-collectivistic character of the national culture.
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