Access to resources and entrepreneurial well-being: A self-efficacy approach
By David R. Marshall, William R. Meek, R. G. Swab, Erik T. Markin. 2020
126 citations recorded by the source corpus.
Abstract In this study, we examine an important predictor and outcome associated with well-being for entrepreneurs: access to resources and persistence. Drawing on social-cognitive theory, we contend that access to resources helps people feel confidence in abilities to be successful entrepreneurs, resulting in greater well-being during venture development. We push the model further by hypothesizing that well-being is positively related to persistence in venture creation activities. Employing an experimental, vignette-based approach, we test the model by asking 258 subjects to consider how prospective entrepreneurs respond to varying contexts of resource accessibility (low vs. high) in terms of their self-efficacy, well-being, and persistence. Results of serial mediator regression analysis support the hypothesized model such that greater access to resources is associated with higher levels of multiple indicators of well-being such as happiness, life satisfaction, and psychological well-being through a self-efficacy mechanism. We also find that entrepreneurial persistence increases through this mechanism.
Subfields: Business and International Management, Management of Technology and Innovation, Social Psychology
View Paper: https://www.semanticscholar.org/paper/d4ae74f6a5e9b1eac59e846fca53c46bb61c3e03
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In Business and International Management
In Management of Technology and Innovation
In Social Psychology
Citations in the corpus
- Green inclusive leadership and green creativity in the tourism and hospitality sector: serial mediation of green psychological climate and work engagement (2021, methodology): “We used the SPSS PROCESS macro (Model 6) to isolate the direct and the indirect effects in the model, in consonance with recent studies (Marshall et al., 2020; Teoh et al., 2020).”