ABSTRACT
Finally, Figure 6 plots the interaction between performance orientation and selfefficacy, observed to be significant at p , 0.05. Comparing the end points of the lines, we see that the negative effect of an individual’s fear of failure on entrepreneurial entry is more pronounced in societies with high performance orientation. The difference between high and low self-efficacy amounts to a 13% decrease in the likelihood of entrepreneurial entry in countries where performance orientation is high and a 7% decrease in countries where performance orientation is low. This affirms Hypothesis 5c in that performance orientation positively moderates how individuals’ self-effiacy impacts entrepreneurial entry.
