Abstract

Shane (2009) argued that public support of independence-oriented new ventures is not justified since they typically do not grow and repay public investment via new employment creation or tax revenues. Thus it is important to predict whether the nascent entrepreneur’s intention is to pursue a growth-oriented rather than independence-oriented venture. Prior research has demonstrated that generic entrepreneurial intentions are explained by the individual’s entrepreneurial self-efficacy (ESE) and by attitudes to the salient career outcomes of income, autonomy, risk, hard work, and other net perquisites associated with venturing. We ask whether these antecedents of intention have differential impacts according to the type of new venture preferred, and whether nascent entrepreneurs can be sorted on that basis.

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