Enhancing measures of ESE to incorporate aspects of place: Personal reputation and place-based social legitimacy.

ABSTRACT: We argue that existing measures of entrepreneurial self-efficacy (ESE) are underspecified in the context of tight-knit communities, where personal reputation plays a major role. We propose a new place-based ESE dimension that measures assessment by individuals of their ability to elicit respect from their community. This integral ESE component points to the very meaning of entrepreneurship in highly relational contexts. Although our enhanced ESE measure incorporates some influences of place, other aspects, such as geographical context, continue to moderate the relationship between ESE and entrepreneurial aptitude. We conclude with a discussion of the relevance and utility of this enhanced measure.

SUBMITTER: Pushkarskaya H 

PROVIDER: S-EPMC8691730 | biostudies-literature | 2021 May

REPOSITORIES: biostudies-literature