Danger Zone Entrepreneurs: The Importance of Resilience and Self–Efficacy for Entrepreneurial Intentions

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  • Amanda Bullough
    Thunderbird School of Global Management, 1 Global Place, Voris Bldg B 115, Glendale, AZ 85306, USA.
  • Maija Renko
    Department of Managerial Studies at the University of Illinois at Chicago, MC 243, Room 2211, University Hall, 601 South Morgan Street, Chicago, IL 60607, USA.
  • Tamara Myatt
    The American University of Afghanistan, Darulaman Rd., Kabul, Afghanistan. She is now an independent research consultant.

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<jats:p> Little is known about the drivers of entrepreneurial decisions during war. We empirically examine the effects of perceived danger, entrepreneurial self–efficacy, and resilience on entrepreneurial intentions in adverse conditions with primary survey data from Afghanistan. Our findings suggest that perceived danger is negatively related to an individual's entrepreneurial intentions, but marginally less so among highly resilient individuals. Our findings also suggest that even under conditions of war, individuals develop entrepreneurial intentions if they are able to grow from adversity (resilience) and believe in their entrepreneurial abilities (entrepreneurial self–efficacy). Practical implications for role modeling and entrepreneurship training are then discussed. </jats:p>

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