This research revealed the significant role of two distinct cognitive styles as a determinant of perceived entrepreneurial self-efficacy regarding the different stages of the new venture process. The study found that individuals' cognitive preference for analysis or intuition influences their perception and assessment of their entrepreneurial self-efficacy in their intentions to create a new venture. Individuals with the intuitive cognitive style were more confident in their ability to identify and recognize opportunities, without much confidence in their capacity of assessment, evaluation, planning, and marshalling of resources. Conversely, individuals with the analytic cognitive style were more confident in their abilities to assess, evaluate, plan, and marshal resources, but felt less confident in their abilities to search for and recognize new opportunities.

The purpose of the current study is to address the distinctive roles of cognitive style and risk preference on four types of entrepreneurial self-efficacy and entrepreneurial intentions. More specifically, we examine how both cognitive style and risk preference separately and interactively contribute to an individual's assessment of his/her own skills and abilities as well as to his/her own entrepreneurial intentions. This study investigated these relationships using an international sample of 528 entrepreneurial students across three universities. Results indicated that individuals with a high risk preference had higher levels of entrepreneurial intentions and opportunity-identification efficacy, whereas individuals with a low risk preference had higher levels of relationship efficacy, and tolerance efficacy. Individuals with an intuitive cognitive style were also found to have lower perceived self-efficacy concerning the establishment of relationship with investors, the economic management of the new venture, and their capacity to tolerate ambiguity. However, intuitive individuals who had a high preference for risk exhibited higher levels of opportunity identification efficacy. Finally, contrary to our final hypothesis, analytic individuals with a low preference for risk had higher levels of relationship and tolerance self-efficacy than intuitive individuals with a high risk preference. Implications of these findings and directions for future research are discussed.

PurposeThe purpose of this paper is to examine the reasons behind the significant gender gaps observed in entrepreneurial interest among adolescents. Specifically, the authors aim to test multiple models that analyze direct and indirect relationships between work and leadership experience, presence of a parental role model, self‐efficacy, and interest by teens in becoming entrepreneurs.Design/methodology/approachA sample of over 5,000 middle and high school students participated in the larger study from which the data were drawn. Participants completed measures of entrepreneurial self‐efficacy, entrepreneurial intentions, work and leadership experience, and parental entrepreneurial role model. The authors analyzed the data using structural equation modeling.FindingsWhile the study confirmed previous empirical findings regarding the antecedents of entrepreneurial self‐efficacy and entrepreneurial intentions, significant differences across gender emerged. First, while boys and girls hold jobs outside of school in comparable numbers, this work experience is much more powerful in generating self‐efficacy among boys. Additionally, the findings indicated that self‐efficacy seemed to have a stronger effect on entrepreneurial interest for girls than for boys, and that having an entrepreneurial mother or father had a significant and positive effect on girls' (but not boys') levels of the entrepreneurial interest.Research limitations/implicationsCommon method variance and other typical limitations of cross‐sectional self‐report surveys are acknowledged. Future research should use longitudinal and multi‐method approaches to overcome such limitations.Practical implicationsFindings suggest that feeling like they are able to succeed as entrepreneurs might count more for girls than for boys when considering career options, and demonstrate the value of entrepreneurial role models for young girls, especially those who already have the confidence and perceived skills to launch their own future ventures.Originality/valueThe paper documents research that represents one of the few large‐scale studies of US teens examining entrepreneurial intentions and antecedents across gender.

To capture the talents of the next generations in new venture creation and to maintain the levels of entrepreneurship in our society, a vibrant "pipeline" of potential entrepreneurs is required. Previous research has shown this pipeline may still be weak, especially for women entrepreneurs. This paper explores the relationships between gender, entrepreneurial education, and entrepreneurial self-efficacy on entrepreneurial intentions and behaviors using the data from different sample groups in three different stages of education and career development: middle and high school students, MBA students, and early career adults. The results of our analyses underscore the importance of entrepreneurial self-efficacy as a key component in understanding entrepreneurship interest and actual career choice. The positive influence of entrepreneurship education on self-efficacy proved stronger for women than for men. Implications for entrepreneurship educators as well as study limitations and areas for future research are discussed.

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