Danger Zone Entrepreneurs: The Importance of Resilience and Self–Efficacy for Entrepreneurial Intentions

Abstract

Little is known about the drivers of entrepreneurial decisions during war. We empirically examine the effects of perceived danger, entrepreneurial self–efficacy, and resilience on entrepreneurial intentions in adverse conditions with primary survey data from Afghanistan. Our findings suggest that perceived danger is negatively related to an individual's entrepreneurial intentions, but marginally less so among highly resilient individuals. Our findings also suggest that even under conditions of war, individuals develop entrepreneurial intentions if they are able to grow from adversity (resilience) and believe in their entrepreneurial abilities (entrepreneurial self–efficacy). Practical implications for role modeling and entrepreneurship training are then discussed.

Job demands–resources: a gender perspective on employee well-being and resilience in retail stores in China

“…In extremely stressful and dangerous situations, individuals' resilience (ability to grow from adversity) and self-efficacy (belief in their abilities) can facilitate the development of entrepreneurial intentions (Bullough, Renko, & Myatt, 2014).…”

Factors which Influence Students Enterpreneurship Intentions: The Role of Education Programs, Subjective Norms and Perceived Behavioral Control

“…This means that if people believe they have less or no control over the nesserarly resources to lead you to a certain behavior, then even if the behavior is perceived as positive or desirable ones, their willingness to execute that certain behavior will be minimal. At this point, two are the elements of the enterprise will serious implications for the perceived behaviour control, which are environmental supporting and impact (Bullough, 2014). The first elemnt is assosiated with the former government as a supporting ones, by funding schemes and fiscal policies, local context through physical infrastructure, the financial and services supporting, even the universities thanks to their resources and logistics ones as a supporting entrepreneurial behavior.…”

Validating the Instrument to Measure Entrepreneurial Traits

“…The construct has recently earned a place in entrepreneurship research particularly as an individual unit of analysis from the viewpoint of entrepreneurs as individuals begin again after previously failed business attempts (Bullough et al, 2014). Resilient individuals with their higher propensity are more likely to act, take action in the face of adversities than less resilient individuals who are effortlessly discouraged by challenges of a hostile environment.…”

“…Resilient individuals with their higher propensity are more likely to act, take action in the face of adversities than less resilient individuals who are effortlessly discouraged by challenges of a hostile environment. Since entrepreneurs are required to remain optimistic in the face of setbacks and adversities, it is therefore apparent that resilient individuals are more likely to engage in entrepreneurial activities to directly address problems, such as inadequate meaningful employment, incapability to financially provide for the family, and the desire to have a daily routine (Baron & Markman, 2000;Bullough et al, 2014;Markman et al, 2005). Research also conveys that among the failed entrepreneurs, those possessing higher resilience are the ones more likely to start over again should a new business opportunity emerge (Hayward et al, 2010), further establishing resilience as a significant component of the entrepreneurial trait.…”