Satisfied with the Status Quo or Dare to Challenge the Future? Institutional Environment and Entrepreneurial Self-Efficacy of Company Employees (2023)

Abstract

Entrepreneurial self-efficacy has long been considered a unique characteristic for differentiating entrepreneurs from non-entrepreneurs; nevertheless, scant research has been conducted to explore the psychological factors that may affect company employees’ entrepreneurial intentions or antecedents of individuals’ entrepreneurial self-efficacy. This paper contributes to the literature by examining how the institutional environment affects company employees’ entrepreneurial self-efficacy. More importantly, we use hierarchical regression analysis to investigate the moderating roles of entrepreneurial experience and job satisfaction in affecting the relationship between the institutional environment and employees’ entrepreneurial self-efficacy. This study reveals that company employees’ entrepreneurial self-efficacy is negatively affected by regulatory support and positively affected by their entrepreneurial cognition. Surprisingly, normative approval has no impact on entrepreneurial self-efficacy. The linkage between the institutional environment and company employees’ entrepreneurial self-efficacy can be better established by considering the moderating effects of the employees’ new venture experience and their current job satisfaction.

Original languageEnglish
Pages (from-to)88-107
Number of pages20
JournalReview of Integrative Business and Economics Research
Volume10
Issue number2
Publication statusPublished - 2021

All Science Journal Classification (ASJC) codes

  • Business, Management and Accounting (miscellaneous)
  • Economics, Econometrics and Finance (miscellaneous)

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Anni Lembana, D. A., Chang, Y. Y., & Liang, W. K. (2021). Satisfied with the Status Quo or Dare to Challenge the Future? Institutional Environment and Entrepreneurial Self-Efficacy of Company Employees. Review of Integrative Business and Economics Research, 10(2), 88-107.

Anni Lembana, Devi Angrahini ; Chang, Yu Yu ; Liang, Wen Ke. / Satisfied with the Status Quo or Dare to Challenge the Future? Institutional Environment and Entrepreneurial Self-Efficacy of Company Employees. In: Review of Integrative Business and Economics Research. 2021 ; Vol. 10, No. 2. pp. 88-107.

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title = "Satisfied with the Status Quo or Dare to Challenge the Future? Institutional Environment and Entrepreneurial Self-Efficacy of Company Employees",

abstract = "Entrepreneurial self-efficacy has long been considered a unique characteristic for differentiating entrepreneurs from non-entrepreneurs; nevertheless, scant research has been conducted to explore the psychological factors that may affect company employees{\textquoteright} entrepreneurial intentions or antecedents of individuals{\textquoteright} entrepreneurial self-efficacy. This paper contributes to the literature by examining how the institutional environment affects company employees{\textquoteright} entrepreneurial self-efficacy. More importantly, we use hierarchical regression analysis to investigate the moderating roles of entrepreneurial experience and job satisfaction in affecting the relationship between the institutional environment and employees{\textquoteright} entrepreneurial self-efficacy. This study reveals that company employees{\textquoteright} entrepreneurial self-efficacy is negatively affected by regulatory support and positively affected by their entrepreneurial cognition. Surprisingly, normative approval has no impact on entrepreneurial self-efficacy. The linkage between the institutional environment and company employees{\textquoteright} entrepreneurial self-efficacy can be better established by considering the moderating effects of the employees{\textquoteright} new venture experience and their current job satisfaction.",

author = "{Anni Lembana}, {Devi Angrahini} and Chang, {Yu Yu} and Liang, {Wen Ke}",

note = "Funding Information: This paper was financially supported by the Young Scholar Fellowship Program by the Ministry of Science and Technology (MOST) in Taiwan, under Grant MOST 108-2636-H-006-001. We wish to express our appreciation to all participants who generously volunteered their time to participate in this study. We want to thank the Faculty of Business and Management, Atma Jaya Catholic University as the employer of the first author for the full support during her study at Southern Taiwan University of Science and Technology. We also thank the anonymous reviewers for their thorough comments. Publisher Copyright: Copyright {\textcopyright} 2021 GMP Press and Printing.",

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Anni Lembana, DA, Chang, YY & Liang, WK 2021, 'Satisfied with the Status Quo or Dare to Challenge the Future? Institutional Environment and Entrepreneurial Self-Efficacy of Company Employees', Review of Integrative Business and Economics Research, vol. 10, no. 2, pp. 88-107.

Satisfied with the Status Quo or Dare to Challenge the Future? Institutional Environment and Entrepreneurial Self-Efficacy of Company Employees. / Anni Lembana, Devi Angrahini; Chang, Yu Yu; Liang, Wen Ke.
In: Review of Integrative Business and Economics Research, Vol. 10, No. 2, 2021, p. 88-107.

Research output: Contribution to journalArticlepeer-review

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AU - Chang, Yu Yu

AU - Liang, Wen Ke

N1 - Funding Information:This paper was financially supported by the Young Scholar Fellowship Program by the Ministry of Science and Technology (MOST) in Taiwan, under Grant MOST 108-2636-H-006-001. We wish to express our appreciation to all participants who generously volunteered their time to participate in this study. We want to thank the Faculty of Business and Management, Atma Jaya Catholic University as the employer of the first author for the full support during her study at Southern Taiwan University of Science and Technology. We also thank the anonymous reviewers for their thorough comments.Publisher Copyright:Copyright © 2021 GMP Press and Printing.

PY - 2021

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N2 - Entrepreneurial self-efficacy has long been considered a unique characteristic for differentiating entrepreneurs from non-entrepreneurs; nevertheless, scant research has been conducted to explore the psychological factors that may affect company employees’ entrepreneurial intentions or antecedents of individuals’ entrepreneurial self-efficacy. This paper contributes to the literature by examining how the institutional environment affects company employees’ entrepreneurial self-efficacy. More importantly, we use hierarchical regression analysis to investigate the moderating roles of entrepreneurial experience and job satisfaction in affecting the relationship between the institutional environment and employees’ entrepreneurial self-efficacy. This study reveals that company employees’ entrepreneurial self-efficacy is negatively affected by regulatory support and positively affected by their entrepreneurial cognition. Surprisingly, normative approval has no impact on entrepreneurial self-efficacy. The linkage between the institutional environment and company employees’ entrepreneurial self-efficacy can be better established by considering the moderating effects of the employees’ new venture experience and their current job satisfaction.

AB - Entrepreneurial self-efficacy has long been considered a unique characteristic for differentiating entrepreneurs from non-entrepreneurs; nevertheless, scant research has been conducted to explore the psychological factors that may affect company employees’ entrepreneurial intentions or antecedents of individuals’ entrepreneurial self-efficacy. This paper contributes to the literature by examining how the institutional environment affects company employees’ entrepreneurial self-efficacy. More importantly, we use hierarchical regression analysis to investigate the moderating roles of entrepreneurial experience and job satisfaction in affecting the relationship between the institutional environment and employees’ entrepreneurial self-efficacy. This study reveals that company employees’ entrepreneurial self-efficacy is negatively affected by regulatory support and positively affected by their entrepreneurial cognition. Surprisingly, normative approval has no impact on entrepreneurial self-efficacy. The linkage between the institutional environment and company employees’ entrepreneurial self-efficacy can be better established by considering the moderating effects of the employees’ new venture experience and their current job satisfaction.

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Anni Lembana DA, Chang YY, Liang WK. Satisfied with the Status Quo or Dare to Challenge the Future? Institutional Environment and Entrepreneurial Self-Efficacy of Company Employees. Review of Integrative Business and Economics Research. 2021;10(2):88-107.

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