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The role of perceived value of entrepreneurial identity in growth motivation

Bramesada Prasastyoga (Social, Economic, and Organisational Psychology Unit, Institute of Psychology, Leiden University, Leiden, The Netherlands) (Department of Organisational Psychology, University of Groningen, Groningen, The Netherlands)
Fieke Harinck (Social, Economic, and Organisational Psychology, Leiden University, Leiden, The Netherlands)
Esther van Leeuwen (Social, Economic, and Organisational Psychology, Leiden University, Leiden, The Netherlands)

International Journal of Entrepreneurial Behavior & Research

ISSN: 1355-2554

Article publication date: 16 March 2021

Issue publication date: 27 May 2021

443

Abstract

Purpose

Three studies aimed to investigate the role of perceived value of entrepreneurial identity (i.e. one's evaluation of the worthiness of one's entrepreneurial role) in the relationship between motives for entrepreneurship and business growth motivation among small-business owners.

Design/methodology/approach

Two studies were conducted online (Studies 1 and 2) and one study in the field in Indonesia (Study 3); both employed a cross-sectional design with a mixed correlational and experimental approach.

Findings

Opportunity-based entrepreneurship, but not necessity-based entrepreneurship, was positively associated with perceived value of entrepreneurial identity. Perceived value of entrepreneurial identity was a positive predictor of future time perspective and growth-pursuit intentions. Study 2 further showed the potential of increasing the salience of both personal and others' positive views of one's business for increasing one's perceived value of their entrepreneurial identity.

Research limitations/implications

The investigation of perceived value of entrepreneurial identity in this paper extends current knowledge regarding the mechanism through which motives for entrepreneurship predict business growth motivation.

Practical implications

The paper provides practitioners and policy-makers with useful insights into the importance of small-business owners' perceived value of entrepreneurial identity for business growth motivation, and offers suggestions on how to increase it.

Originality/value

The paper sheds light on the important role of perceived value of entrepreneurial identity in explaining the association between motives for entrepreneurship and business growth motivation.

Keywords

Acknowledgements

The research was funded by The Indonesia Endowment Fund for Education (LPDP). The funder was not involved in the research design, data collection, data analyses and manuscript writing.

Citation

Prasastyoga, B., Harinck, F. and van Leeuwen, E. (2021), "The role of perceived value of entrepreneurial identity in growth motivation", International Journal of Entrepreneurial Behavior & Research, Vol. 27 No. 4, pp. 989-1010. https://doi.org/10.1108/IJEBR-03-2020-0170

Publisher

:

Emerald Publishing Limited

Copyright © 2021, Emerald Publishing Limited

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