Gender Difference and the Formation of Entrepreneurial Self-Efficacy

Posted: 4 Nov 2009

See all articles by Sanjib Chowdhury

Sanjib Chowdhury

Eastern Michigan University

Megan Lee Endres

affiliation not provided to SSRN

Date Written: 2005


Although the prevalence of women-owned businesses is increasing, the research into the reasons behind their success is scarce. Researchers have posited that women entrepreneurs have less self-confidence than men entrepreneurs.Self-efficacy, or a person's confidence in performing a particular task, has been shown to aid entrepreneurial intentions and actions.In this study, self-efficacy is hypothesized as essential in creating an entrepreneurial motivation among aspiring entrepreneurs. Surveys are administered to 67 undergraduate and graduate students enrolled in a business simulation course during their final semester before graduating. The findings reveal that an individual's level of education does not significantly influence self-efficacy.The level of self-efficacy is found to be significantly related to one's perceived financial knowledge, and the relationship between education level and self-efficacy differs based on gender.Women with higher education exhibit a positive relationship to self-efficacy, while men with higher educational attainment show a slightly negative relationship to self-efficacy.However, an overall comparison to women shows that men exhibit higher levels of self-efficacy at all education levels.The limitations of this study are presented, as are implications.(AKP)

Keywords: Financial knowledge, Males, Educational background, Motivation, Self-efficacy, Females, Gender, Business education, College students

Suggested Citation

Chowdhury, Sanjib and Endres, Megan Lee, Gender Difference and the Formation of Entrepreneurial Self-Efficacy (2005). University of Illinois at Urbana-Champaign's Academy for Entrepreneurial Leadership Historical Research Reference in Entrepreneurship, Available at SSRN:

Sanjib Chowdhury (Contact Author)

Eastern Michigan University ( email )

Eastern Michigan University
Ypsilanti, MI 48197
United States

Megan Lee Endres

affiliation not provided to SSRN

No Address Available

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Abstract Views
PlumX Metrics