Institutional support and women’s entrepreneurial self-efficacy

Kazumi, Tomoyo and Kawai, Norifumi (2017) Institutional support and women’s entrepreneurial self-efficacy. Asia Pacific Journal of Innovation and Entrepreneurship, 11 (3). pp. 345-365. ISSN 2071-1395

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Abstract

Purpose
The purpose of this study is to explores the extent to which local institutional forces affect female entrepreneurial venture performance. Drawing upon a unified theoretical framework of social cognitive and institutional perspectives, the authors scrutinize the complex interplay among institutional support, entrepreneurial cognitions and entrepreneurial success.

Design/methodology/approach
Based on a unique sample of 202 female entrepreneurs in 30 provinces throughout Japan, this paper grounded social cognitive theory and attempted to clear the relation between women’s entrepreneurial self-efficacy and venture performance empirically by statistical analysis.

Findings
The findings of structural equation modeling indicate that women’s entrepreneurial self-efficacy is a strong and useful mediator of the effect of informal institutional support on venture performance. Unexpectedly, formal institutional support shows no correlation with entrepreneurial self-efficacy.

Practical implications
This study proposes that perceived social legitimacy may lead to increased entrepreneurial self-efficacy, thereby enhancing venture performance. This finding can clarify the institutional force pathways to foster entrepreneurial confidence.

Originality/value
This study contributes to the field of female entrepreneurship by examining institutional antecedents of women’s entrepreneurial self-efficacy. Focused on the case of Japanese female entrepreneurs, this study is unique and valuable.

Item Type: Article
Schools and Departments: School of Business, Management and Economics > Business and Management
Subjects: H Social Sciences
Depositing User: Yvonne Barnes
Date Deposited: 09 Jan 2018 11:48
Last Modified: 11 Jan 2018 07:50
URI: http://sro.sussex.ac.uk/id/eprint/72680

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