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Self-efficacy, self-esteem, and entrepreneurship among the unemployed

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  • Authors' Note: The findings were presented at the 13th European Conference on Personality, Athens, Greece, July 2006.

Correspondence concerning this article should be addressed to Mariola Laguna, Institute of Psychology, The John Paul II Catholic University of Lublin, Al. Raclawickie 14, 20-950 Lublin, Poland. E-mail: laguna@kul.pl

Abstract

This study focuses on entrepreneurial self-efficacy, general self-efficacy, and global self-esteem and on their role in the entrepreneurial process. Apart from providing evidence of the relationship between these self-beliefs and entrepreneurial intention, it also demonstrates how they are related to actual business start-up. Longitudinal data were obtained from 332 unemployed individuals. After 1 year, official confirmations of new firm registrations were collected. Higher levels of all 3 self-referent beliefs were positively associated with entrepreneurial intention. Multivariate analyses showed that entrepreneurial and general self-efficacy beliefs were important predictors of this intention. Self-referent beliefs accounted for an additional 12% of the variance in entrepreneurial intention and for an additional 4% of the variance in actual business start-up beyond the demographic variables.

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