How do resilience and self-efficacy relate to entrepreneurial intentions in countries with varying degrees of fragility? A six-country study

Renko, Maija; Bullough, Amanda; Saeed, Saadat

Abstract

Conflict, poverty and weak institutions create hardships for people, societies and economies on a global basis. We investigate macro-societal state fragility and stability. Within this context, and from a microfoundations perspective, we analyse individual-level constructs and particularly, the importance of entrepreneurial self-efficacy and individual resilience in forming the intent to start a business. With primary data from Afghanistan, Iraq, Peru, Tajikistan, the United States and Finland, we find that under stable conditions, a belief in one’s entrepreneurial ability – entrepreneurial self-efficacy – is critical. Conversely, under adverse conditions, as evident in fragile states, the ability to grow from adversity – individual resilience – is the more meaningful resource.

Citation

Renko, M., Bullough, A., & Saeed, S. (2021). How do resilience and self-efficacy relate to entrepreneurial intentions in countries with varying degrees of fragility? A six-country study. International Small Business Journal, 39(2), 130-156. https://doi.org/10.1177/0266242620960456

• Journal Article Type: Article
• Acceptance Date: Sep 1, 2020
• Online Publication Date: Oct 17, 2020
• Publication Date: Mar 1, 2021
• Deposit Date: Oct 19, 2020
• Publicly Available Date: Oct 20, 2020
• Journal: International Small Business Journal
• Print ISSN: 0266-2426
• Electronic ISSN: 1741-2870
• Publisher: SAGE Publications
• Peer Reviewed: Peer Reviewed
• Volume: 39
• Issue: 2
• Pages: 130-156
• DOI: https://doi.org/10.1177/0266242620960456
• Public URL: https://durham-repository.worktribe.com/output/1259923