Figure 1.
A conceptual model showing how entrepreneurial mindset and entrepreneurial self efficacy influence perceived transcendence directly and indirectly through social value orientation.The image presents a conceptual framework linking four constructs: entrepreneurial mindset, entrepreneurial self-efficacy, social value orientation, and perceived transcendence. Entrepreneurial mindset, described as why versus how, shows a direct relationship with perceived transcendence through hypothesis H 1, supported by studies 1, 2, 3, and 4. Entrepreneurial mindset also influences social value orientation through hypothesis H 2, supported by studies 2, 3, and 4. Entrepreneurial self-efficacy influences social value orientation through hypothesis H 3, supported by studies 2, 3, and 4, and it also has a direct relationship with perceived transcendence through hypothesis H 4, supported by studies 2, 3, and 4. Social value orientation further connects to perceived transcendence, indicating a mediating role between entrepreneurial characteristics and perceived transcendence outcomes.

Conceptual model

Source: Authors’ own work

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