Danger Zone Entrepreneurs: The Importance of Resilience and Self‐Efficacy for Entrepreneurial Intentions
Entrepreneurship Theory and Practice, 38(3), 473-499.
49 Pages Posted: 1 Dec 2017
Date Written: May 23, 2012
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 modelling and entrepreneurship training are then discussed.
Keywords: entrepreneurship, resilience, self-efficacy, Afghanistan, perceived danger
JEL Classification: L26
Suggested Citation: Suggested Citation