IDEAS home Printed from https://ideas.repec.org/a/taf/veecee/v16y2014i2p157-181.html
   My bibliography  Save this article

'Deconstructing' entrepreneurial self-efficacy: a gendered perspective on the impact of ESE and community entrepreneurial culture on the financial strategies and performance of new firms

Author

Listed:
  • Susan Coleman
  • Dafna Kariv

Abstract

We examine the impact of entrepreneurial self-efficacy (ESE) and community entrepreneurial culture on financial strategy and firm performance, by gender. In doing so, we 'deconstruct' both ESE and community culture into various components and view them as multidimensional constructs. Our data sample consists of 1214 firms included in the second Panel Study of Entrepreneurial Dynamics. Our findings reveal that men raised larger amounts of financial capital than women did from both internal and external sources. Furthermore, higher levels of ESE were associated with a greater willingness to raise capital from external sources. In contrast, the entrepreneur's perceptions of community entrepreneurial culture had no impact on securing financial capital from either internal or external sources for either gender. Our results also revealed gender differences in the area of performance expectations. For both women and men, higher levels of ESE and the availability of financial capital enhanced performance expectations, whereas community entrepreneurial culture contributed to higher performance expectations for men only. This discrepancy suggests that ESE is even more important for women entrepreneurs in the sense that they need higher levels of self-confidence in order to overcome their perceptions of institutional barriers for securing financial capital and growing their firms.

Suggested Citation

  • Susan Coleman & Dafna Kariv, 2014. "'Deconstructing' entrepreneurial self-efficacy: a gendered perspective on the impact of ESE and community entrepreneurial culture on the financial strategies and performance of new firms," Venture Capital, Taylor & Francis Journals, vol. 16(2), pages 157-181, April.
  • Handle: RePEc:taf:veecee:v:16:y:2014:i:2:p:157-181
    DOI: 10.1080/13691066.2013.863063
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/13691066.2013.863063
    Download Restriction: Access to full text is restricted to subscribers.

    File URL: https://libkey.io/10.1080/13691066.2013.863063?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Sari Wiendy Puspita & Sari Puteri Andika & Rinaldo Dito, 2021. "Prominent factors of etrepreneurial self-efficacy in West Java: comparison between men and women entrepreneur," HOLISTICA – Journal of Business and Public Administration, Sciendo, vol. 12(3), pages 54-68, December.
    2. Manuel M. Molina-López & Manuel R. Tejeiro Koller & Mercedes Rubio-Andrés & Susana González-Pérez, 2021. "Never Too Late to Learn: How Education Helps Female Entrepreneurs at Overcoming Barriers in the Digital Economy," Sustainability, MDPI, vol. 13(19), pages 1-17, October.
    3. Madawala, Kalani & Foroudi, Pantea & Palazzo, Maria, 2023. "Exploring the role played by entrepreneurial self-efficacy among women entrepreneurs in tourism sector," Journal of Retailing and Consumer Services, Elsevier, vol. 74(C).
    4. Malin Malmström & Jeaneth Johansson & Joakim Wincent, 2017. "Gender Stereotypes and Venture Support Decisions: How Governmental Venture Capitalists Socially Construct Entrepreneurs’ Potential," Entrepreneurship Theory and Practice, , vol. 41(5), pages 833-860, September.
    5. Andrei DUMITRESCU, 2020. "Improving the Engineering Students' Entrepreneurial Self-Efficacy through a Specialised Course – A Way to Improve Startup Management," Management and Economics Review, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 5(1), pages 78-90, June.
    6. Krzysztof Zięba & Jakub Golik, 2018. "Testing Students’ Entrepreneurial Self-Efficacy as an Early Predictor of Entrepreneurial Activities. Evidence From the SEAS Project," Journal of Entrepreneurship, Management and Innovation, Fundacja Upowszechniająca Wiedzę i Naukę "Cognitione", vol. 14(1), pages 91-108.
    7. Elitzur, Ramy & Solodoha, Eliran, 2021. "Does gender matter? Evidence from crowdfunding," Journal of Business Venturing Insights, Elsevier, vol. 16(C).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:veecee:v:16:y:2014:i:2:p:157-181. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/TVEC20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.