Changes in Entrepreneurial Self-efficacy since Completion of Entrepreneurial Studies

Entrepreneurial self-efficacy (ESE) is one of the crucial constructs in the psychology of entrepreneurship research. This paper addresses the stability of ESE in time, due to changes in entrepreneurial status. One general and one specific measure of ESE were applied on 169 final-year students of entrepreneurship in two measurement points: (1) during the final semester, and (2) 18 months later. We found significant differences for general ESE measure. We conclude that ESE is a dynamic construct that changes along with entrepreneurial status. In order to determine exact impact of education on the ESE level, further research should measure changes in students’ ESE from first to their last year of study, both for students of economic and non-economic studies.