A Systems View Across Time and Space
From: Determining factors for the creation of innovation-based ventures
Latent variable | Dimension | References | Manifest variables |
---|---|---|---|
Entrepreneurial self-efficacy | Searching | McGee et al., (2009) | - Confidence to brainstorm (brains) - Confidence to develop products or services (development) - Confidence to identify needs (needs) |
Planning | McGee et al., (2009) | - Confidence to design marketing campaigns (mkt) - Confidence to determine competitive prices (price) - Confidence to identify market demand (demand) - Confidence to estimate initial funds (funds) | |
Marshalling | McGee et al., (2009) | - Trust for others to identify with the vision (empathy) - Confidence to concisely explain the idea (communication) - Confidence to network (network) | |
Implementing-People | McGee et al., (2009) | - Confidence to attract and hire employees (hire) - Trust to delegate tasks to employees (delegate) - Confidence to effectively handle problems (problems) - Trust to supervise employees (supervise) - Confidence to train employees (train) - Trust, inspire and encourage employees (inspire) | |
Implementing-Financial | McGee et al., (2009) | - Confidence to maintain business accounting (accounting) - Confidence to manage financial assets (manage) - Confidence to read and interpret financial statements (statements) | |
Social capital | Structural | - State of conversation with many about the idea (divulgation) - Status of new connections through contacts (new contacts) - Status of new contacts through connections (new connections) - Status of contacts in quantity (quantity) | |
Relational | - Status of the level of close relations with contacts (relations) - State of knowledge with contacts (contacts) - State of support for contacts in difficult situations (support) | ||
Cognitive | - State of understanding of the objectives of the other in personal relationships (rapport) - State of trust so that in contact, neither party takes advantage of the other (respect) | ||
P-EMP | P-EMP | Hsu et al. (2019) | - State of satisfaction of the need for independence in thought and actions when starting the business (independence) - State of satisfaction of personal freedom when starting the business (freedom) - State of satisfaction of achievement needs when starting the business (achievement, economy, richness) |
Venture creation | Venture creation | De Carolis (2009) | - State of creation in which the enterprise is located (status, experience) |