Overcoming Path-Dependency with Entrepreneurial Self-Efficacy
Type
conference paper
Date Issued
2013-06-05
Author(s)
Abstract
Path-dependency is an unfortunate behavior (Choi, 2011). Although researchers acknowledge the omnipresent nature of path-dependent behavior (Gruber, 2010), especially in innovation processes and organizational developments (Mishina et al., 2012; Thrane et al., 2010), little research on understanding path-dependency in the context of entrepreneurial and managerial decision-making was carried out so far. Therefore, understanding antecedents and environmental conditions is the main focus of our research. This paper studies path-dependent behavior when selecting and combining means to solve entrepreneurial and managerial problems under different conditions. We focus on entrepreneurial self-efficacy (McGee et al., 2009) as its subdimensions can be utilized to distinguish entrepreneurs from managers (Chen et al., 1998). To account for several environmental conditions, we designed a unique experimental questionnaire inducing four specific scenarios in temporal order. We hypothesize that path-dependency can be burst in specific situations.
Language
English
HSG Classification
contribution to scientific community
HSG Profile Area
SoM - Business Innovation
Refereed
Yes
Book title
BCERC 2013 Proceedings
Publisher
Frontiers of Entrepreneurship Research
Publisher place
Babson Park, Mass.
Start page
11
Event Title
33th Annual Babson College Entrepreneurship Research Conference (BCERC)
Event Location
Écully, France
Event Date
05.-08.06.2013
Subject(s)
Eprints ID
223439