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1 – 10 of over 2000Pekka Stenholm and Mette Søgaard Nielsen
Recent research acknowledges entrepreneurial passion’s outcomes, but far less is known about how entrepreneurial passion comes about. In this study, the authors are…
Abstract
Purpose
Recent research acknowledges entrepreneurial passion’s outcomes, but far less is known about how entrepreneurial passion comes about. In this study, the authors are interested in the emergence of entrepreneurial passion, and how competences and social network are associated with entrepreneurial passion. The paper aims to discuss these issues.
Design/methodology/approach
The authors investigate whether entrepreneurial passion emerges out of socialisation, entrepreneurial experience or various combinations thereof. The authors tested the hypotheses on a data set of entrepreneurs who started their businesses with government financial support (n=1150).
Findings
The findings show that within a social environment, perceived emotional support is positively associated with entrepreneurial passion. Moreover, entrepreneurs’ task-related competence moderates this relationship positively. By investigating the emergence of entrepreneurial passion, the authors contribute to prior passion literature, which has mainly focused on its consequences.
Originality/value
The findings demonstrate both how entrepreneurial passion is associated with and how perceived emotional support can stem from unexpected sources, such as from a government-based start-up grant. For entrepreneurs, an increased awareness of passion’s emergence could better encourage them in their entrepreneurial endeavours. To people who are engaged in promoting entrepreneurship, our findings emphasise the symbolic and emotional aspects of instruments intended to support entrepreneurship.
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Akuraun Shadrach Iyortsuun, Mwuese Theresa Nmadu, Reuel Dakung and Monica C. Gajere
This paper aims to attempt to synthesize the evidence in literature on the link between passion and passion outcomes to propose a parsimonious framework of entrepreneurial…
Abstract
Purpose
This paper aims to attempt to synthesize the evidence in literature on the link between passion and passion outcomes to propose a parsimonious framework of entrepreneurial passion and venture performance based on the theory of social cognition, identity and self-regulation.
Design/methodology/approach
A detailed review of empirical and conceptual articles related to the topic was the adopted methodology. An eclectic synthesis of the evidence guided the development of the framework as proposed.
Findings
Empirical review of the related studies reveals that the link between entrepreneurial passion and venture performance is distal. Based on the theoretical foundation of the study, entrepreneurial passion is proposed to have a direct link on venture performance and an indirect link mediated by goal-setting, entrepreneurial behavior and entrepreneurial self-efficacy. Control variables proposed include age, sex, size, work experience or tenure and self-regulation or feedback.
Research limitations/implications
Entrepreneurial passion is conceived as an experienced construct conceptualized as the interaction of intense positive feeling and identity centrality associated with venture outcomes defined as opportunity recognition, venture creation/growth and threshold performance.
Practical implications
The study provides a parsimonious framework of entrepreneurial passion and venture performance that includes goals, entrepreneurial behavior and self-efficacy as mediator variables and age, sex, size, work experience or tenure and self-regulation or feedback as control variables.
Originality/value
The framework extends the ontological field of entrepreneurial passion, which can be validated by empirical research.
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Abdella Kosa Chebo and Idris Mohammed Kute
The purpose of this paper is to uncover the role of entrepreneurial passion and resources on innovativeness. The research also tested the moderating role of entrepreneurial…
Abstract
Purpose
The purpose of this paper is to uncover the role of entrepreneurial passion and resources on innovativeness. The research also tested the moderating role of entrepreneurial commitment and environmental unpredictability.
Design/methodology/approach
A sample of 112 small firm owners/managers was selected from central Ethiopia using two level multi-stage sampling. The data collected were analyzed using descriptive analysis and hierarchical regression analysis.
Findings
The owners/managers who are passionate and have adequate human and financial capital are involved more on discovering and exploitation of promising business opportunities that lead to innovativeness. The commitment among passionate and resourceful owners/managers raises a fire on the individuals to be more innovative, but the strong entrepreneurial passion and resources faced challenges in the unpredictable environment to change the ambition to actions.
Research limitations/implications
The future research should also include the financial measures or financial resources and other variables such as entrepreneurial intention and entrepreneurial background in a cross-country study.
Practical implications
The policy makers should develop sustainable strategies that encourage passionate firms toward innovativeness.
Originality/value
The study brings a new insight on the relationship between entrepreneurial passion, entrepreneurial resources, and innovativeness. The study also contributes to entrepreneurship literature by investigating the moderating role of entrepreneurial commitment and environmental unpredictability in relating entrepreneurial passion and entrepreneurial resource to innovativeness. In addition, by exploring the contribution of entrepreneurial passion and resources toward innovativeness, it helps to bring the discussion forward on the subject matter.
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The purpose of this paper is to analyze the mediating role of entrepreneurial alertness in the relationship between entrepreneurial passion and entrepreneurial orientation (EO).
Abstract
Purpose
The purpose of this paper is to analyze the mediating role of entrepreneurial alertness in the relationship between entrepreneurial passion and entrepreneurial orientation (EO).
Design/methodology/approach
This is a quantitative study using a self-report survey for information gathering. The hypotheses are tested with a sample of 112 entrepreneurs from technology-based firms in Mexico using hierarchical regression analysis. The study follows procedural and statistical recommendations from previous studies in order to strengthen the results.
Findings
The results demonstrate a significant and positive relationship between entrepreneurial passion and EO, and this relationship is mediated for each dimension of entrepreneurial alertness.
Research limitations/implications
Although there are interesting results in the study, some limitations should be recognized. First, it is important to consider the stage in which the firm is operating because it influences the firm’s behavior. Second, the generalization of the results should be validated in non-technology-based firms that operate in different contexts and conditions. The study’s findings have implications for small business support programs and entrepreneurs.
Originality/value
The study contributes to the emerging research of entrepreneurial passion in the field of entrepreneurship and to the scarce empirical research on entrepreneurial alertness. Both constructs are related to one of the most representative topics in the field, as is EO.
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Ayca Kubra Hizarci-Payne and Ozge Ozgen
The present chapter aims to provide a holistic perspective by investigating how passion types can have a role on entrepreneurs’ target of passion with the integration of…
Abstract
The present chapter aims to provide a holistic perspective by investigating how passion types can have a role on entrepreneurs’ target of passion with the integration of Hofstede’s cultural dimensions. A conceptual framework was administered in order to build the association between passion types and targets of passion in the light of the literature by which harmonious and obsessive passions are proposed to be the determinants of different targets of entrepreneurs’ passion. Additionally, based on the extant literature, the role of culture in shaping the entrepreneurs’ target of passion is addressed by utilizing Hofstede’s cultural approach. Seven major propositions were discussed to provide a comprehensive understanding of entrepreneurial passion and targets of passion.
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Carin Nordström, Charlotta Agneta Sirén, Sara Thorgren and Joakim Wincent
The purpose of this paper is to draw on the theory of choice overload to examine how entrepreneurial tenure and involvement in entrepreneurial teams influence passion for…
Abstract
Purpose
The purpose of this paper is to draw on the theory of choice overload to examine how entrepreneurial tenure and involvement in entrepreneurial teams influence passion for engaging in entrepreneurship.
Design/methodology/approach
A survey was administered to 262 Swedish hybrid entrepreneurs, which refers to individuals who engage in entrepreneurship while also maintaining wage work; this arrangement is becoming more and more common in the Nordic economies. Hypotheses proposed associations between the entrepreneurial tenure (the length of engagement in the side business) and entrepreneurial teams (leading the business with one or more team members) with passion for entrepreneurship. Logistic regression was used to test the hypotheses.
Findings
Results from logistic regression support the hypotheses with three findings: the longer the individual has had the side business, the less likely passion to be the main motive behind entrepreneurship; passion is less likely to be the main motive behind entrepreneurship among those who are part of an entrepreneurial team; and, involvement in an entrepreneurial team strengthens the negative association between entrepreneurial tenure and passion for entrepreneurship.
Research limitations/implications
The data are limited to the creative sector in Sweden and to the hybrid entrepreneurship context.
Practical implications
The results support the impact of choice overload and the notions that entrepreneurship passion will decrease the longer the business is up running and if the venturing occurs with another team member. In practice, this means that interventions for re-kindling passion in entrepreneurship should focus on dealing with choice overload under conditions of long-term tenure and team-funded ventures. If entrepreneurs want to maintain high levels of passion, quick and isolated entrepreneurial processes reduce the choice overload that may threaten maintaining a high passion for entrepreneurship.
Originality/value
This study is the first to apply choice theory to an entrepreneurship context and to find support for possible negative effects of choice overload on passion for entrepreneurship.
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Stefan Schulte-Holthaus and Andreas Kuckertz
Non-entrepreneurial passions may be the beginning of an extensive entrepreneurial journey. However, current passion theories cannot fully capture the essence of such…
Abstract
Purpose
Non-entrepreneurial passions may be the beginning of an extensive entrepreneurial journey. However, current passion theories cannot fully capture the essence of such passions and their effects. The purpose of this study is to explore and explain the real-life composition of passion and performance.
Design/methodology/approach
The investigation was conducted with comparative causal mapping (CCM) on a qualitative sample of people we designate rock “n” roll entrepreneurs (i.e. individuals driven by a passion for music and who are successful both artistically and economically). Aggregated causal maps of passion elicited through semi-structured interviews were analyzed and contrasted with performance indicators.
Findings
Passion is revealed to be an individual phenomenon, one composed of central and peripheral concepts that include—contrary to prior theories—personality traits and life contexts. Furthermore, the results suggest that the concordance of concepts determines the scope, degree and performance of passion.
Research limitations/implications
This study complements prevailing passion theories in psychology and entrepreneurship. As a context-bound study, the generalizability of the results is limited to its context, which, however, paves a clear way for future research.
Practical implications
Creative economy entrepreneurs and educators can use the mechanism of concordance to consciously reflect passion-driven tensions between artistic, social and entrepreneurial demands and to translate passion into behavioral effectiveness.
Originality/value
This study is the first to use a CCM approach to investigate passion. Findings highlight the potential to research entrepreneurial phenomena at the intersection of emotion, cognition and action.
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Jielin Yin, Muxiao Jia, Zhenzhong Ma and Ganli Liao
The purpose of this study is to investigate how a team leader’s conflict management style (CMS) affects team innovation performance (TIP) in entrepreneurial teams using a…
Abstract
Purpose
The purpose of this study is to investigate how a team leader’s conflict management style (CMS) affects team innovation performance (TIP) in entrepreneurial teams using a team emotion perspective.
Design/methodology/approach
It is proposed in this study that team passion mediates the impact of team leader’s CMSs on team performance, which is further moderated by team emotional intelligence (TEI). Then this study collected paired data from 105 teams including 105 team leaders and 411 team members to test the proposed model.
Findings
The results show that a team leader’s cooperative CMS has a significant positive impact on TIP and team passion further mediates the relationship between the team leader’s CMSs and TIP. The results also show that TEI moderates the relationship between the leader’s CMSs and team passion.
Originality/value
This study helps enriches the literature of conflict management by exploring the mechanisms through which a team leader’s CMSs affect team performance in entrepreneurial activities, and the findings of this study highlight the important role of team passion in this process. In addition, this study integrates the research on conflict management and the research on team passion in entrepreneurial teams to provide a new perspective to explore the dynamic process of entrepreneurial activities, which sheds light on the investigation of the important implications of effective conflict management in the entrepreneurship.
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Abstract
Purpose
This paper aims to explore the mediating role of organizational entrepreneurial capability in the link between entrepreneurs’ effectuation and new venture performance, and whether entrepreneurs’ passion positively moderates this relationship in the Chinese emerging economy.
Design/methodology/approach
This study collected survey data from 140 Chinese new ventures. Following an empirical design, hierarchical regression analysis and bootstrapping analysis were applied to examine six hypotheses.
Findings
Results reveal that organizational entrepreneurial capability plays a positively mediating role in the association between entrepreneurs’ effectuation and new venture performance. Moreover, the whole mediation model is positively moderated by entrepreneurs’ passion, not only the association but also between entrepreneurs’ effectuation and organizational entrepreneurial capability.
Research limitations/implications
The study is limited to the static relationships between key variables using the data obtained at one point in an emerging economy, which cannot investigate the dynamic evolution between variables. More longitudinal designs or cases to track the dynamic association should be considered.
Practical implications
The findings provide useful suggestions for entrepreneurs to enhance their effectual logic and entrepreneurs’ passion to better perceive and exploit opportunities and further improve new venture performance. The results also provide guidance for other groups, such as angel investors and policymakers, regarding how to use effectuation logic as an evaluation criterion to judge whether a new venture or program has investment potential.
Originality/value
These findings enrich the effectuation theory by providing the empirical evidence of the effect of entrepreneurs’ effectuation on new venture performance in an emerging economy. They also provide deeper insights into opportunity research by uncovering the mediating role of organizational entrepreneurial capability in the relationship between entrepreneurs’ effectuation and new venture performance.
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Lamberto Zollo, Riccardo Rialti, Alberto Tron and Cristiano Ciappei
The purpose of this paper is to unpack the underlying mechanisms of entrepreneurs' passion, orientation and behavior by investigating the role of rational and nonrational…
Abstract
Purpose
The purpose of this paper is to unpack the underlying mechanisms of entrepreneurs' passion, orientation and behavior by investigating the role of rational and nonrational cognitive elements. Building on dual process theory and sociointuitionism, a conceptual model is proposed in order to explore the relationship between entrepreneurial passion, entrepreneurial orientation (EO) and strategic entrepreneurship behavior (SEB). Specifically, entrepreneurs' linear thinking styles (System 2) and nonlinear thinking styles (System 1) are hypothesized as being significant moderators of such a relationship.
Design/methodology/approach
Covariance-based structural equation modeling (CB-SEM) is used to empirically validate the proposed conceptual model and test the moderating hypotheses on a sample of 300 entrepreneurs actively involved in European small and medium enterprises (SMEs).
Findings
Entrepreneurial passion is shown to be a significant antecedent of EO, which, in turn, strongly influences SEB. Moreover, entrepreneurs' linear thinking style positively moderates the EO-SEB relationship, but not the link between passion and EO. Instead, a nonlinear thinking style positively moderates the relationship between passion and EO, but not the links between EO and SEB.
Practical implications
Entrepreneurs should trust their nonlinear thinking style – related to affective/emotive and intuitive information processing systems – to foster the effect of their entrepreneurial passion on EO. Furthermore, entrepreneurs should rely on a linear thinking style, namely the rational and deliberative cognitive processes, to enhance the impact of their EO on SEB.
Originality/value
Dual process theory and sociointuitionism are integrated to simultaneously investigate the effect of nonrational and rational cognitive mechanisms on entrepreneurs' orientation and behavior. Moreover, the proposed model is empirically tested on a sample of entrepreneurs working in SMEs located in Europe, which have received little attention from entrepreneurship scholars in comparison to their US counterparts. The authors’ findings suggest important implications for entrepreneurs, policymakers and entrepreneurial universities educators.
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