USE THE RICH: DEVELOPMENT AND VALIDATION OF THE RESOURCE-INDUCED COPING HEURISTIC INVENTORY FOR ENTREPRENEURSHIP

Abstract

The present research was developed to examine the conceptualization and measurement of the resource-induced coping heuristic (RICH) construct, based on individuals’ dispositions toward three dimensions of resource conservation. Structural equation modeling was utilized to evaluate the dimensionality, reliability, and validity of the 16-item RICH Inventory. Results from two investigations, involving three samples and a total of 813 participants indicated strong reliability, internal validity, and external validity for the theoretically justified, 3-factor measure. Consistent findings across the studies provided evidence of external generalizability. Practical and investigational implications, strengths and limitations, and directions for future research are discussed.

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