WSEAS Transactions on Environment and Development
Print ISSN: 1790-507, E-ISSN: 2224-3496
Volume 19, 2023
(Special Issue: Financial Science and Development, Organizer - Guest Editor: Professor Nikolaos V. Karadimas (Hellenic Army Academy, Vari, Attica, Greece) Desirable Entrepreneurial Orientation as a Mediator between Entrepreneurial Attitude and Entrepreneurial Self-efficacy for Business Performance Efficiency
Authors: ,
Abstract: The purposes of this research were 1) to study the significance levels of entrepreneurial attitude,
entrepreneurial self-efficacy, entrepreneurial orientation, and business performance efficiency; and 2) to study
what defines a good preparation to become an entrepreneur as a mediator between entrepreneurial attitude and
entrepreneurial self-efficacy for business performance efficiency. A questionnaire was used to collect data from a
sample group, which was 500 new entrepreneurs who registered their businesses for both service businesses and
manufacturing businesses. The data was analyzed using descriptive statistics, inferential statistics, and multiple
linear regression. The findings revealed that the entrepreneurs focused on all the valuables at a high level, as
follows: 1) business performance $$(\overline{X}= 4.42)$$, 2) entrepreneurial orientation $$(\overline{X}= 4.38)$$, 3) entrepreneurial attitude $$(\overline{X}= 4.14)$$, and 4) entrepreneurial self-efficacy $$(\overline{X}= 3.96)$$ The results of structural equation model analysis
revealed that the model was proved by congruence evaluation criteria including Chi-square probability level value
(p-value) of 0.062, Goodness of fit Index (GFI) of 0.982, and root mean square error of approximation (RMSEA)
of 0.027.
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Keywords: structural equation model, entrepreneurial orientation, entrepreneurial attitude, entrepreneurial selfefficacy,
business performance
Pages: 624-635
DOI: 10.37394/232015.2023.19.61