Merely Folklore? The Role of a Growth Mindset in the Taking and Timing of Entrepreneurial Actions
Entrepreneurship Theory and Practice
; 2022.
Article
in English
| Web of Science | ID: covidwho-2070680
ABSTRACT
Why do some potential entrepreneurs promptly engage in entrepreneurial behavior while others do not pursue their entrepreneurial intentions or delay acting? This study investigated whether potential entrepreneurs' mindset shapes engaging in entrepreneurial behavior and the time until they do so. Over a 16-month period, holding more of a growth (vs. fixed) mindset positively predicted taking various entrepreneurial actions and doing so sooner. Interestingly, these effects vanished when individuals faced a less challenging context for entrepreneurship. Post-hoc exploratory analyses revealed that the COVID-19 pandemic magnified the impact of mindsets on entrepreneurial behavior. These findings pave the way for preliminary research on the viability of growth mindset interventions for fostering entrepreneurial behavior.
growth mindset; entrepreneurial behavior; context; time until; entrepreneurial action; event history analysis; IMPLICIT THEORIES; SELF-EFFICACY; NASCENT ENTREPRENEURSHIP; INTERGENERATIONAL TRANSMISSION; ACHIEVEMENT-MOTIVATION; RETURNEE; ENTREPRENEURS; PLANNED BEHAVIOR; ROLE-MODELS; BELIEFS; PERFORMANCE
Full text:
Available
Collection:
Databases of international organizations
Database:
Web of Science
Language:
English
Journal:
Entrepreneurship Theory and Practice
Year:
2022
Document Type:
Article
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