If innovative entrepreneurship creates economic growth/jobs, then the “supply side” of entrepreneurship is important This study reviewed the literature for the antecedents of entrepreneurial action, and attempted to sort out the antecedent mechanisms (including entrepreneurship education) and isolate their impacts. The study’s Person x Context “Bounded Rationality” E-Correspondance model was grounded in Shapero & Sokol’s (1982) entrepreneurial event model, but their “desirability” and “feasibility” constructs were augmented to include Lofquist & Dawis’ (1969) contextual correspondence conceptualization. The model theorized that in addition to the elements of entrepreneurial “desirability” (motivations/wants/needs) and “feasibility” (efficacy in abilities and skills), there must be correspondent goodness-of-fit for both in the workplace context. The model was tested empirically via quasi-experimental research (4,000 University alumni) with strong preliminary support found for the conceptualization as a predictor of entrepreneurial production at the individual level of analysis.
Rideout, Elaine C.
"BOUNDED RATIONALITY AND THE SUPPLY SIDE OF ENTREPRENEURSHIP: A PREDICTIVE MODEL OF THE ENTREPRENEURIAL EVENT,"
Frontiers of Entrepreneurship Research: Vol. 32
, Article 2.
Available at: http://digitalknowledge.babson.edu/fer/vol32/iss15/2