• Economics
  • Published 2005

Self-Efficacy and Goal Setting as Predictors of Performance: An Empirical Study of Founder-Managed Natural Food Stores

@inproceedings{Segal2005SelfEfficacyAG,
  title={Self-Efficacy and Goal Setting as Predictors of Performance: An Empirical Study of Founder-Managed Natural Food Stores},
  author={Gerry Segal and Daniel J. Borgia and Jerry Schoenfeld},
  year={2005}
}
ABSTRACT With increasing numbers of entrepreneurial ventures, we recognized the need for more reliable predictors of firm performance. To augment existing explanations of small firm performance, we used entrepreneurial self-efficacy and goal setting as predictor variables. We tested Bandura's concept of self-efficacy and Locke and Latham's model of goal setting with small firms. Though these models have been tested and accepted as reliable in large organizations, we saw a need to establish… CONTINUE READING