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The moderating role of explanatory style between experience and entrepreneurial self-efficacy

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Abstract

This paper aims to enhance our understanding of the cognitive conditions that facilitate entrepreneurial action by integrating prior literature from entrepreneurship and social psychology, a model is developed to explain the interrelationship between human and social capital, and two cognitive dimensions: explanatory style, and entrepreneurial self- efficacy that leads to positive entrepreneurial results. The paper: (1) proposes a conceptual framework to help direct future empirical research on the interrelationship between human capital, experience, explanatory style and entrepreneurial self efficacy; and (2) develops a decision-making matrix to guide policy makers towards enhancing the likelihood of entrepreneurial success. The paper contributes to our understanding of entrepreneurial self-efficacy by integrating a variety of perspectives to better comprehend the fuzzy front end of entrepreneurial self-efficacy.

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Authors and Affiliations

  1. School of Business, Worcester Polytechnic Institute, Worcester, MA, 01609, USA

    Chickery J. Kasouf

  2. University of Canterbury, Private Bag 4800, Christchurch, 8140, New Zealand

    Sussie C. Morrish

  3. School of Management, University of Tasmania, Locked Bag 7250, Launceston, TAS, Australia

    Morgan P. Miles

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  1. Chickery J. Kasouf
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  2. Sussie C. Morrish
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  3. Morgan P. Miles
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Correspondence to Morgan P. Miles.

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Kasouf, C.J., Morrish, S.C. & Miles, M.P. The moderating role of explanatory style between experience and entrepreneurial self-efficacy. Int Entrep Manag J 11, 1–17 (2015). https://doi.org/10.1007/s11365-013-0275-2

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