Does self‐efficacy affect entrepreneurial investment?
实证研究了自我效能感对创业投资选择的影响，发现高自我效能感者更可能成为创业者、投入更多个人财富和每周工作时间。
Abstract We empirically examine the effect of self‐efficacy on entrepreneurial investment choices. We identify various attributes of entrepreneurial investment and argue that higher self‐efficacy is associated with more aggressive entrepreneurial investment decisions. We show that self‐efficacy increases the likelihood of being a nascent entrepreneur and creating an operating business. Self‐efficacy also increases the proportion of personal wealth invested in the venture and the amount of hours per week the entrepreneur devotes to the venture. These results are significant even when controlling for other known characteristics associated with entrepreneurial investment. Copyright © 2009 Strategic Management Society.