Enhancing Entrepreneurship: The Role of Goal Orientation and Self-Efficacy

Entrepreneurship has become increasingly important in the workplace. Research suggests motivational traits are important in pursuing entrepreneurial activities. Yet, the extent to which factors influencing entrepreneurial versus managerial goals differ remains unclear. This study assessed the influence of goal orientation and self-efficacy in predicting entrepreneurial and managerial career anchors development. Data from 158 college students indicated learning goal orientation (LGO) and performance-prove goal orientation (PPGO) predicted entrepreneurial career anchors when coupled with high self-efficacy. For managerial goals, self-efficacy did not influence these relationships. Findings suggest providing opportunities for increased self-efficacy and adaptive goal orientations may affect entrepreneurial development.