ResumenThe purpose of this paper is to examine existing literature on Social Cognitive Theory, entrepreneurial self-efficacy, and entrepreneurial competencies and intentions, to understand the current state of the field, design a new theoretical framework to help determine the best teaching strategies and identify career counselor competencies and possible contributions to the entrepreneurial education field. Entrepreneurial self-efficacy is proposed as a useful construct to increase the entrepreneurial intentions and competencies of students. Social cognitive theory, self-efficacy, and entrepreneurial self-efficacy are incorporated into an applied theoretical framework to improve the effectiveness of formal entrepreneurship education. Specifically, the model links the four sources of self-efficacy with entrepreneurial self-efficacy and entrepreneurial intentions; which lead to effective entrepreneurial education program outcomes.
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