Fashion entrepreneurial self-efficacy: development and validation of a domain-specific scale

Abstract

PurposeThe purpose of this research is to develop a multidimensional measurement of fashion domain entrepreneurial self-efficacy (FDESE) based on which fashion entrepreneurs will be able to better develop strategies to gain and sustain success in their business development. The research is crucial to advocate fashion entrepreneurship and will provide direction for fashion business incubation services.Design/methodology/approachThis research included three stages with mixed qualitative and quantitative approaches: conceptualizing construct definition and specifying domain(s) to generate initial items, scale purification and scale validation. This study started with reviewing the literature and individual interviews among 19 fashion entrepreneurs, which generated 72 initial items. An online survey was then conducted with individuals who are running or have the intention to run fashion businesses, yielding 249 useable samples for scale purification, which generated 21 items for the validation phase. Lastly, another online survey was administered to individuals who are currently running fashion businesses which resulted in 258 valid responses included for scale validation.FindingsA measure of FDESE that is both reliable and valid was developed, including 21 items across four distinct dimensions: passion for fashion business (five items), marketing and branding (seven items), financial management (five items) and creativity (four items).Originality/valueThis study is the first attempt to develop practical scales measuring self-efficacy that focus on fashion domain entrepreneurship. The newly developed FDESE scale indicates that entrepreneurship not only involves marketing skills, financial knowledge, creativity, leadership, and proactivity but also requires passion and persistence.

The Role of Entrepreneurial Self-Efficacy in Mediating the Effect of Entrepreneurship Education and Financial Support on Entrepreneurial Behavior

“…This means, the higher the financial support, which is indicated by the ease of access to capital sources, starting a business with their own savings, a good opportunity if you have business capital, the perception of seeking capital as a good idea, always seeking financial support, and feeling that you have an investment, then it is not able to increase the self-efficacy of entrepreneurial students in Bali. The results of this study at the same time strengthen the results of previous research regarding financial support being able to increase entrepreneurial self-efficacy (Khaw et al, 2021;Lang & Liu, 2022;Shi et al, 2020;Sidratulmunthah et al, 2018). It can be concluded that financial support has a positive and significant influence on self-efficacy, this means that the higher the financial support possessed by students, the higher their self-efficacy as entrepreneurs.…”

“…Similarly, the availability of substantial financial support boosts student entrepreneurial self-efficacy. This is consistent with the findings of research which found that financial support has a positive and significant effect on entrepreneurial self-efficacy (Khaw et al, 2021;Lang & Liu, 2022;Shi et al, 2020;Sidratulmunthah et al, 2018). Based on the existing background, the purpose of this study is to examine and explain the role of entrepreneurial self-efficacy in mediating the effect of entrepreneurship education and financial support on student entrepreneurial behavior of higher education student in Bali.…”