A dynamic model of entrepreneurial uncertainty and business opportunity identification: Exploration as a mediator and entrepreneurial self-efficacy as a moderator

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dc.contributor.authorSchmitt, A.
dc.contributor.authorRosing, K.
dc.contributor.authorZhang, S.X.
dc.contributor.authorLeatherbee, M.
dc.date.issued2018
dc.description.abstractThis study focuses on the identification of business opportunities when entrepreneurs’ perceived level of environmental uncertainty changes. We suggest that within persons, exploration mediates this relationship and entrepreneurial self-efficacy moderates whether entrepreneurs explore more or less with increasing uncertainty. To test our moderated mediation model we conducted a monthly field study with 121 early-stage entrepreneurs. Multilevel regression analyses reveal that an increase in the level of perceived uncertainty within entrepreneurs predicted the identification of opportunities through exploration for entrepreneurs high in self-efficacy, but not for those low in self-efficacy. Entrepreneurial self-efficacy acts as a personal resource that helps entrepreneurs to transform increasing perceptions of uncertainty into exploration and opportunity identification.
dc.description.statementofresponsibilityAntje Schmitt, Kathrin Rosing, Stephen X. Zhang, Michael Leatherbee
dc.identifier.citationEntrepreneurship: Theory and Practice, 2018; 42(6):835-859
dc.identifier.doi10.1177/1042258717721482
dc.identifier.issn1042-2587
dc.identifier.issn1540-6520
dc.identifier.orcidZhang, S.X. [0000-0001-6123-1193]
dc.identifier.urihttp://hdl.handle.net/2440/126497
dc.language.isoen
dc.publisherSAGE Publications
dc.rights© The Author(s) 2017
dc.source.urihttps://doi.org/10.1177/1042258717721482
dc.subjectEntrepreneurship; uncertainty; business opportunity identification; exploration; entrepreneurial self-efficacy
dc.titleA dynamic model of entrepreneurial uncertainty and business opportunity identification: Exploration as a mediator and entrepreneurial self-efficacy as a moderator
dc.typeJournal article
pubs.publication-statusPublished

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