The Long‐Term Impact of Entrepreneurial Self‐Efficacy and Entrepreneurial Orientation on Venture Performance
基于五年多波次调查数据，发现创业自我效能感对极年轻企业绩效有短期提升作用但随时间减弱，而创业导向则随企业成熟日益重要。
We collected multi-wave survey data to assess the lagged effects of entrepreneurial self-efficacy (ESE) and entrepreneurial orientation (EO) on firm performance over a five-year period. The results of our study indicate that ESE and EO are both positively associated with firm performance but in different, and interesting, ways. Entrepreneurially self-efficacious founder/managers may help improve the performance of very young firms but such benefits dissipate over time. An EO, on the other hand, does not appear to be particularly beneficial to very young firms. However, our results suggest an EO may play an increasingly valuable role as new firms mature.