Entrepreneurial Self efficacy on Social Entrepreneurial Intention: The mediating role of Hope

Research Poster Social & Behavioral Sciences 2025 Graduate Exhibition

Presentation by Durun Barruah

Exhibition Number 210

Abstract

Introduction Entrepreneurial self-efficacy (ESE), an individual’s belief in their ability to succeed as an entrepreneur, is a key predictor of social entrepreneurial intention (SEI). However, this relationship may be influenced by positive psychological factors like Hope. Grounded in Social Cognitive Theory (Bandura, 1986) and Hope Theory (Snyder, 2002), this study examines how hope mediates the relationship between ESE and SEI and how risk-taking propensity moderates the relationship between Hope and SEI. By integrating these theories, the study explores how cognitive and motivational factors shape the decision to pursue social entrepreneurship. Methodology Data will be collected using a self-reported online survey distributed via Prolific to prospective entrepreneurs. The study variables include ESE (independent variable), hope (mediator), risk-taking propensity (moderator), and SEI (dependent variable). Mediation and moderation analyses will be performed using Hayes’ Process Macro to test the proposed relationships. Expected Results Hope is expected to significantly mediate the relationship between ESE and SEI, meaning that individuals with high entrepreneurial self-efficacy are likely to develop a strong sense of hope, which in turn enhances their SEI. Additionally, risk-taking propensity is expected to moderate the relationship between hope and SEI, such that individuals with a higher risk tolerance are more likely to act on their entrepreneurial intentions than those with low risk tolerance. Conclusion This study enhances understanding of the positive psychological and motivational mechanisms driving SEI. The findings will help refine entrepreneurial models and support strategies that encourage aspiring entrepreneurs to act despite uncertainties and challenges.

Importance

This study is important as it advances both theoretical and practical understanding of social entrepreneurship. Theoretically, it integrates Hope Theory and Social Cognitive Theory to establish hope as a mediator between ESE and SEI. Additionally, it refines the current model by identifying risk-taking propensity as a moderator, demonstrating that risk tolerance plays a crucial role in SEI. Practically, the findings provide valuable insights for educators, policymakers, and incubator programs. By strengthening ESE and fostering hope-building strategies like goal setting and resilience training, programs can better prepare individuals for entrepreneurship. Additionally, promoting calculated risk-taking can help translate hope into real-world entrepreneurial action.

DEI Statement

This study contributes to DEI by exploring how entrepreneurial self-efficacy, hope, and risk-taking propensity influence social entrepreneurial intention, particularly among underrepresented groups. Women and LGBTQ+ entrepreneurs often face systemic barriers, including limited access to funding, discrimination, and societal biases. By identifying hope as a mediator, this research highlights the need to empower marginalized groups through confidence-building and resilience training, helping them overcome obstacles in entrepreneurship. Moreover, from an economic perspective, increasing diverse entrepreneurial participation fosters job creation, innovation, and economic growth. More social enterprises mean greater investments, higher employment rates, and enhanced community development, ultimately boosting the country’s GDP and making the economy more inclusive and sustainable.