Self‐efficacy and Success of Disadvantaged Entrepreneurs: The Moderating Role of Resilience

Author:Alberto Ferraris, Manlio Del Giudice, Gabriele Santoro, Francesco Schiavone
Publication Date:01 Sep 2020
Self-efficacy and Success of Disadvantaged
Entrepreneurs: The Moderating Role
of Resilience
Department of Management, University of Torino, Corso Unione Sovietica, 218 bis,10134, Turin, Italy
Research Fellow of the Laboratory for International and Regional Economics, Graduate School of Economics and
Management, Ural Federal University, Yekaterinburg, Russia
University of Rome LinkCampus, Via Nomentana, 335, 00162, Rome, Italy
Paris School of Business, 59 rue Nationale, 75013, Paris, France
Francerthenope University of Naples, Via Generale Parisi, 13, 80132,Naples, Italy
This paper aims to explore the antecedentsof success in the context of entrepreneurs with specific disadvantages,
namely those with physical challenges, and those with mental limitations, such as dyslexia and attention deficit-
hyperactivity disorder (ADHD). With a sample of 114 disadvantaged entrepreneurs located in Italy, the research
exploresthe relationship betweenself-efficacy and entrepreneurial success (both at the individual and businesslevel)
and the moderating role of individual resilience. Implementing OLS analysis, findings suggest that self-efficacy and
resilienceimprove individual success of entrepreneursand that their joint effect is positive. Slightly differently, it has
not been founda positive direct impactof resilience on businesssuccess, while the moderatingeffect is significantand
positive. We compare the results with findings from a sample of non-disadvantaged entrepreneurs (108) thus
providing diverse implications, opening up a debate around the different antecedents (and relative effects) of
entrepreneur success at individual and business level.
Keywords: Entrepreneurship; disadvantaged entrepreneurship; resilience; self-efficacy
Entrepreneurship has acted as engine in globaleconomies
as a meaning of morejobs, innovations, growth andsocial
integration. In spite of the augmented concern about
alternative aspects of entrepreneurship, such as social
and gender-based entrepreneurship behaviour, there are
still research voids regarding entrepreneurship among
disadvantaged individuals. The term disadvantaged
entrepreneurshipdoes not have a consistent defi nition.
Scholarshave traditionally included women,unemployed,
ex-prisoners, ethnic minorities, immigrants, and disabled
people within disadvantaged entrepreneurs (see for
example Marlow and Patton, 2005; Hart and Acs, 2011).
Within the entrepreneurship literature, there is
consistent agreement that positive and environmental
factors can actually foster entrepreneurship (Hornsby
et al., 1993; Amankwa h-Amoah et al., 2019). However,
it is still not clear whether hard and alternative
circumstances may provide entrepreneurs with stimulus
and pushes towards entrepreneurial ideas and paths to
success. In this regard, recent studies suggest that,
surprisingly, success drivers of entrepreneurship can
regard serious life challenges rather than positive
situations or favourable dynamics (Miller and Le
Breton-Miller, 2017; Seguí-Mas et al., 2018).
Nevertheless, we know very little about entrepreneurship
among disadvantaged individuals and their
psychological traits that can lead to entrepreneurial
Following studies that are going in this research
direction, this paper has the primary purposeof exploring
the antecedents of success in the context of entrepreneurs
Correspondence: Gabriele Santoro, Department of Management,
University of Torino, Corso Unione Sovietica, 218 bis, 10134 Turin,
European Management Review, Vol. 17, 719732, (2020)
DOI: 10.1111/emre.12394
© 2020 European Academy of Management

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