| Autor: |
Joeri van Hugten, Johanna Vanderstraeten, Arjen van Witteloostuijn, Wim Coreynen |
| Jazyk: |
angličtina |
| Rok vydání: |
2023 |
| Předmět: |
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| Zdroj: |
PLoS ONE, Vol 18, Iss 12, p e0290253 (2023) |
| Druh dokumentu: |
article |
| ISSN: |
1932-6203 |
| DOI: |
10.1371/journal.pone.0290253&type=printable |
| Popis: |
We investigate how the 2008-2012 economic crisis relates to entrepreneurs' confidence ten years later and, in turn, their venture's entrepreneurial orientation. Conceptually, we introduce the new concept of 'hard times' to capture an entrepreneur's sense of their venture's hardship during the crisis. Theoretically, we extend ideas on imprinting, to build the argument that hard times cause a persistent reduction in an entrepreneur's entrepreneurial self-efficacy and sense of job security, both of which in turn cause a contemporaneous reduction in their venture's entrepreneurial orientation. We contrast the crisis imprinting hypothesis with a hypothesis from the more established behavioral theory of the firm. Strikingly, rich data of about 300 Flemish entrepreneurs and their ventures are in line with a small crisis imprinting effect. |
| Databáze: |
Directory of Open Access Journals |
| Externí odkaz: |
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