Entrepreneurial self-efficacy in Central Asian transition economies: Quantitative and qualitative analyses

Authors

Fred Luthans, University of Nebraska - LincolnFollow
Elina Sharlezdvna Ibrayeva, Southwest State University, Marshall, MNFollow

Date of this Version

2006

Citation

Published in Journal of International Business Studies 37 (2006), pp. 92–110.

doi10.1057/palgrave.jibs.8400173

Comments

Copyright © 2006 Academy of International Business; published by Palgrave Macmillan. Used by permission.

Abstract

In both quantitative and qualitative field studies, the self-efficacy of entrepreneurs in the transition economies of Kazakhstan and Kyrgyzstan is examined. Using a social cognitive framework, the complex interaction among these entrepreneurs’ (N=133) personal characteristics, environment, and self-efficacy is analyzed by structural equation modeling. Their self-efficacy was found to have a direct and mediating impact on performance. Another sample of entrepreneurs from these countries (N=239) qualitatively assessed what they actually do in their day-to-day activities. The findings from these two studies contribute to better understanding and have implications for successful entrepreneurial practice in countries undergoing the difficult process of transition to a market economy.