The purpose of this study is to investigate the antecedents of entrepreneurial self-efficacy (ESE) and entrepreneurial outcome expectations (EOE) using the distal parts of the social cognitive career theory (SCCT) in an entrepreneurial context. Specifically, this study examined the influence of indigenous ethnic groups in Nigeria (Yoruba, Igbo and Hausa) and entrepreneurial learning experiences (ELE) on ESE and EOE.
The design of the study is cross-sectional. Data were collected from 335 students from three purposively selected tertiary institutions in Nigeria. This study analysed the data with Bayesian structural equation modelling.
Firstly, there are no indigenous ethnic group differences in ELE except for negative emotions and vicarious learning. Secondly, contrary to popular beliefs, the Igbo ethnic group did not perform better than the other ethnic groups on the significant ELE. Thirdly, three of the five ELE factors directly led to ESE and EOE and indirectly led to EOE.
To the best of the authors’ knowledge, this is the first study to compare the indigenous ethnic groups in Nigeria on entrepreneurial outcomes and investigate the antecedents of ESE and EOE as posited by SCCT.
