Entrepreneurial alertness and self-efficacy: A focus on social values and innovation performance

Abstract

Orientation: It is widely accepted that the entrepreneurial process has attitudinal and behavioural components, with recent studies indicating that social values (SV) interact with entrepreneurial beliefs and competencies to significantly influence the innovation performance (INNP) of enterprises.Research purpose: By relying on the prescripts of social cognitive theory (SCT), this study empirically investigated to what extent SV moderate the relationship between entrepreneurial alertness (EA) and self-efficacy to influence higher levels of INNP.Motivation for the study: Studies indicate there has been a marked decrease in entrepreneurs who believe they offer innovative products, which is of great concern given that the levels of innovation are important for African enterprises.Research approach, design and method: This cross-sectional study was based on primary survey data (n = 175 enterprises). Instruments were scrutinised for validity and reliability and hypotheses tested using regression analysis.Main findings: Results showed that EA and entrepreneurial self-efficacy (ESE) explained a significant amount of variance in INNP. In addition, SV positively moderated the relationship between these behavioural variables and INNP.Practical and managerial implications: It is important to have evidence-based policies that explain entrepreneurial behaviour and INNP of enterprises in African countries eager to move up the value chain to the next phase of economic development.Contribution or value-add: This article contributes to the understanding of how SV, in an under-researched emerging market context, interact with entrepreneurial behaviour regarding alertness and self-efficacy to increase the levels of INNP.

Linking cognitive flexibility to entrepreneurial alertness and entrepreneurial intention among medical students with the moderating role of entrepreneurial self-efficacy: A second-order moderated mediation model

“…Bueckmann-Diegoli and Gutiérrez [27] interpreted that entrepreneurial alertness is considered as a significant predictor to identify the opportunity and take necessary action to exploit that opportunity. Additionally, this study's findings are in line with previous researchers who found that entrepreneurial self-efficacy as a mediator and moderator influences an individual's beliefs to become entrepreneurs [114,115].…”

“…From the global perspective, numerous studies have confirmed that entrepreneurial alertness is an essential predictor for individuals because it directly influences opportunity identification and recognition [4,23,28,68]. Urban [114] found that entrepreneurial alertness and entrepreneurial self-efficacy are essential cognitive predictors of exploring entrepreneurial intention. Thus, our results are similar to prior studies, which reported that entrepreneurial alertness is a significant predictor of entrepreneurial intention in Western and Asian entrepreneurial culture [25,27,29].…”

Endorsing Sustainable Enterprises Among Promising Entrepreneurs: A Comparative Study of Factor-Driven Economy and Efficiency-Driven Economy

“…Therefore, the results fully support the direct relationship between these three mediators (ATSE, PED, and PEF) and SEI. These findings are consistent with the previous study by Urban (2019) and strengthen the understanding that SEI is more complex than linear connection.…”

The Role of Trait Competitiveness and Entrepreneurial Alertness in the Cognitive Process of Entrepreneurship Among Students: A Cross-Cultural Comparative Study Between Vietnam and Poland

“…Entrepreneurial alertness has also been specified as searching information, cognitive capacity, personal characteristics, social networks, external environment, understanding, and experience (Urban, 2019). Therefore, it is vital to identify an individual's entrepreneurial career path (Uy et al, 2015).…”

“…A person who is aware of new business opportunities will have a more positive attitude and higher intention towards engaging in business ventures because it provides him or her with the chance to capture the identified business opportunities (Hu & Ye, 2017;Obschonka et al, 2017). In addition, Urban (2019) states that when individuals have a high ability to recognise new business opportunities, they can perceive high entrepreneurial self-efficacy. As such, the following hypotheses are formulated: H4: Entrepreneurial alertness has a positive impact on (a) attitudes towards entrepreneurship, (b) perceived behavioural control, and (c) entrepreneurial intentions.…”