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1 – 10 of over 1000This study extends the literature on top management team (TMT) diversity and innovation by introducing entrepreneurial passion diversity as an important TMT affective component in…
Abstract
Purpose
This study extends the literature on top management team (TMT) diversity and innovation by introducing entrepreneurial passion diversity as an important TMT affective component in determining firm innovation performance. This paper draws on the knowledge-based view and proposes that TMT passion diversity, in terms of intensity separation and focus variety, may hinder the process of knowledge creation, and, in turn, reduce firm innovation performance.
Design/methodology/approach
The authors conduct a questionnaire survey using a simple random sampling technique and collect data from 195 small- and medium-sized enterprises in China. Ordinary least squares regression and a structural equation model are applied to test the hypotheses.
Findings
This study finds that TMT passion intensity separation has a negative effect on firm innovation performance via knowledge exchange and knowledge combination. TMT passion focus variety has a negative effect on firm innovation performance via knowledge combination.
Originality/value
This study highlights the affective diversity of entrepreneurial passion in TMTs and clarifies the detrimental role of TMT entrepreneurial passion diversity in innovation and knowledge creation. It contributes new insights to the literature on TMT diversity, knowledge management and entrepreneurial passion.
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Although prior research highlights the organizational and cognitive challenges associated with achieving innovation ambidexterity, comparatively limited attention has been paid to…
Abstract
Purpose
Although prior research highlights the organizational and cognitive challenges associated with achieving innovation ambidexterity, comparatively limited attention has been paid to the affective characteristics that may differentiate top management teams (TMTs) of firms. The authors build on emerging research and identify TMT entrepreneurial passion diversity as an affective characteristic with particular relevance to innovation ambidexterity.
Design/methodology/approach
Based on data collected from 195 small- and medium-sized enterprises in China, this study uses ordinary least squares regression models to test the hypotheses.
Findings
The results show that TMT passion intensity separation is negatively related to innovation ambidexterity, while TMT passion focus variety has an inverted U-shaped relationship with innovation ambidexterity. In addition, environmental dynamism weakens the effects of TMT passion intensity separation and strengthens the effects of passion focus variety.
Originality/value
This study pushes forward the research agenda on affective microfoundations of innovation ambidexterity. It also reveals the potential dark side of TMT entrepreneurial passion by explicitly delineating its effects on innovation management.
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Sara Maryami, Michela Loi, Marcello Martinez and Maria Chiara Di Guardo
Drawing on the Broaden-and-build theory, the study investigates the impact of team entrepreneurial passion (TEP) on team performance. This study further examines the mediating…
Abstract
Purpose
Drawing on the Broaden-and-build theory, the study investigates the impact of team entrepreneurial passion (TEP) on team performance. This study further examines the mediating role of team cooperation between TEP and team performance. Thus, by expanding the conceptual model of TEP, the authors examine how three domains of TEP, namely inventing, founding and developing affect the entrepreneurial outcomes in the early stages of entrepreneurship.
Design/methodology/approach
Survey data were collected from 29 entrepreneurial teams, and the proposed relationships were assessed through Smart-PLS 3.2.8 structural equation modeling (SEM) tool.
Findings
Regarding the domains of TEP, the authors' findings show that the TEP for inventing is positively related to team performance. As for the influences of TEP for inventing and TEP for developing, both are the most beneficial for entrepreneurial outputs, such as team members' abilities to recognize and exploit opportunities.
Originality/value
Although there is an increased scholars' interest in entrepreneurial passion, there is a lack of research that examines the enabling factors and outcomes of entrepreneurial passion at the team level. This study is among the earliest research studies that not only empirically explores the relationships between TEP and team performance but also illustrates how each domain of TEP uniquely influences entrepreneurial outcomes by extending existing studies on entrepreneurial passion.
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Tin Horvatinović, Mihaela Mikic and Marina Dabić
To support the advancement of an underrepresented category of research in the field of entrepreneurial teams, this study proposes and tests a novel empirical model that connects…
Abstract
Purpose
To support the advancement of an underrepresented category of research in the field of entrepreneurial teams, this study proposes and tests a novel empirical model that connects two team emergent states, namely team entrepreneurial passion (TEP) and transactive memory systems (TMSs), and their influence on team performance.
Design/methodology/approach
The data were gathered using an online questionnaire distributed to undergraduate students who had formed entrepreneurial teams as part of a course assignment. Two methods were executed on the obtained data, namely partial least-square structural equation modelling (PLS-SEM) and necessary condition analysis (NCA).
Findings
The results uphold the hypothesised mediation role of TMSs between TEP and team performance. Of the two direct relations in the model, only the necessary conditions were present for the effect of TEP on TMSs.
Research limitations/implications
The issue of the small sample size, a common feature in entrepreneurial team research, as discussed in the methodical section of the paper, is sidestepped with the use of PLS-SEM tools. Nonetheless, a larger sample size could have increased confidence in the results' validity. In addition, a longitudinal approach to data collection and analysis could have been used to augment that confidence further.
Practical implications
Three practical implications stem from the empirical findings. First, it lends support for implementing teaching approaches and task designs that are envisaged to improve team functioning in university classrooms. Making a business plan boosts students' desire to exploit the received knowledge and find a venture, so the teaching effort in entrepreneurship courses can have real-world consequences.
Originality/value
By testing the mediation model, new insights are made into the associations between team emerging states and, subsequently, team performance. In addition, this study responds to recent calls in the literature to incorporate NCA in an entrepreneurial setting.
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The assessment of the role of entrepreneurial passion in international entrepreneurship needs further attention. This study aims to fill this research gap by assessing the role of…
Abstract
Purpose
The assessment of the role of entrepreneurial passion in international entrepreneurship needs further attention. This study aims to fill this research gap by assessing the role of developing entrepreneurial passion, when moderated by the adversity of fragile countries, in the success of small and medium family enterprises’ (family SMEs) internationalization success.
Design/methodology/approach
Using time-lagged survey date from decision-makers on internationalized family SMEs from fragile countries (Lebanon, Iraq, Yemen, Egypt and Syria) between 2020 and 2022, this study assesses the relationship between the entrepreneurial passion and family SMEs’ internationalization success as well as the moderating effect of the institutional context of these fragile countries.
Findings
The results demonstrated that the developing entrepreneurial passion is positively related to the family SMEs’ internationalization success. Moreover, the adversity of fragile home countries significantly moderates this relationship.
Originality/value
This study is a catalyst for future passion theoretical research on fragile countries. Moreover, it will encourage more studies on the understanding of the entrepreneurial passion for organizational performance of family SMEs, especially in an international context.
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Rik Vanhees, Jelle Schepers, Pieter Vandekerkhof and Anneleen Michiels
The purpose of this study is to explore to what extent passionate family chief executive officers (CEOs) increase the entrepreneurial orientation (EO) of the family firm. More…
Abstract
Purpose
The purpose of this study is to explore to what extent passionate family chief executive officers (CEOs) increase the entrepreneurial orientation (EO) of the family firm. More specifically, the authors investigate the impact of the family CEO’s entrepreneurial passion (EP) on the firm’s EO and explore whether the generational stage of the family CEO alters this relationship.
Design/methodology/approach
A multiple moderated regression model was used to test the hypothesized relationships, based on a unique sample of 140 private Belgian family firms. All respondent CEOs are members of the controlling family, meaning they are in a unique position to influence firm-level outcomes.
Findings
The results reveal a significant positive effect of a CEO’s EP on the family firm’s EO. The generational stage of the family CEO moderates the EP-EO relationship, so the positive effect is strongest in first-generation family CEOs and becomes negative in third- or later-generation CEOs.
Originality/value
This research builds on insights from imprinting and upper echelon theory to explore how the EP of the family CEO impacts the family firm’s EO. This study thereby contributes to research regarding the antecedents of EO and introduces the concept of EP in a family firm context. The present study further contributes to the literature on imprinting, as it empirically shows how the EP-EO relationship differs depending on the generational stage of the family CEO. In a family firm context, the generational stage acts as a contingency variable, determining the dominant theory (i.e. upper echelon or imprinting theory) in explaining the EP-EO relationship.
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Jorge Javier Flores Pérez and Ruben Guevara
This paper aims to analyze the mediating effect of entrepreneurial passion on the relationship between entrepreneurial orientation and innovative work behavior in employees of…
Abstract
Purpose
This paper aims to analyze the mediating effect of entrepreneurial passion on the relationship between entrepreneurial orientation and innovative work behavior in employees of small- and medium-sized enterprises (SMEs) in Peru.
Design/methodology/approach
A nonexperimental cross-sectional design was used. Data were obtained from a random sample of 300 employees of SMEs in the manufacturing, agricultural and livestock sectors in Peru.
Findings
The results showed that entrepreneurial orientation has a direct and positive effect on entrepreneurial passion and innovative work behavior. Also, entrepreneurial passion was found to have a mediating effect on the relationship between entrepreneurial orientation and innovative work behavior.
Originality/value
The research provides evidence-based knowledge of the causal relationships between three important constructs related to entrepreneurship, analyzing their direct and indirect effects on innovative work behavior.
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Chunxiao Chen, Jian Zhang, Huirong Tian and Xing Bu
Entrepreneurial passion has important implications for entrepreneurial success and psychological well-being. But their connections are complicated by the fact that three…
Abstract
Purpose
Entrepreneurial passion has important implications for entrepreneurial success and psychological well-being. But their connections are complicated by the fact that three entrepreneurial passions (passion for inventing, passion for founding and passion for developing) can be combined differently according to their level and shape difference. A variable-centered approach cannot explain their relationship very well, by only focusing on the level difference and ignoring the different combination of entrepreneurial passion in subpopulations. The purpose of this study is to explore the function of entrepreneurial passion on entrepreneurial success and psychological well-being from a person-cantered approach.
Design/methodology/approach
In this study, the authors conducted latent profile analyses to identify different configurations of different entrepreneurial passions (passion for inventing, passion for founding, passion for developing) on two samples of Chinese students and entrepreneurs. Then in the sample of Chinese entrepreneurs, the authors utilized the DCON command in Mplus to provide comparisons among the profiles on entrepreneurial success and psychological well-being.
Findings
Based on identity theory, the authors found four entrepreneurial passion profiles across two samples—fully passionate, action-driven, interest-driven and dispassionate. Furthermore, the authors found that fully passionate entrepreneurs showed the highest level of entrepreneurial success, followed by action-driven, and then by interest-driven and dispassionate showed the lowest level. Action-driven entrepreneurs experienced the highest level of psychological well-being, followed by fully passionate entrepreneurs, then by interest-driven and dispassionate.
Originality/value
The results provide new insights into the nature and influence of entrepreneurial passion on entrepreneurial success and psychological well-being from a person-centered perspective.
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Anastasiia Laskovaia, Younggeun Lee, Karina Bogatyreva and Pol Herrmann
Entrepreneurial passion lies at the foundation of the business development process, yet the available evidence is ambiguous regarding its effects on firm performance. In this…
Abstract
Purpose
Entrepreneurial passion lies at the foundation of the business development process, yet the available evidence is ambiguous regarding its effects on firm performance. In this study, we examine the entrepreneurial passion puzzle by looking into decision-making mechanisms underlying its potential to increase business performance outcomes. Based on the literature on passion and effectuation theory, we link harmonious passion to firm performance through effectual behavioral logic.
Design/methodology/approach
To empirically test the theoretical model, we performed bootstrapping-based mediation, ordinary least squares moderated regression and moderated mediation analysis based on survey data collected from 105 executives of US firms.
Findings
We found that harmonious passion indirectly increases firm performance through effectuation. The direct link between harmonious passion and firm performance is insignificant. Moreover, the proposed mediation model is strengthened when the executives attain high levels of entrepreneurial experience.
Research limitations/implications
This study is not without limitations. First, a cross-sectional data set was adopted as the empirical setting of our research. Hence, further studies could benefit from applying longitudinal research designs. Second, a self-reported survey was utilized to measure firm performance. Although such operationalization is widely accepted in management and entrepreneurship studies, objective measures can produce additional insights into focal relationships.
Practical implications
This study provides practical implications for educators, consultants and managers. First, educators should encourage harmonious passion and teach effectual decision-making through various educational programs. Consultants and business practitioners should take similar orientations when organizing training for employees and executives. Finally, managers need to comprehend the motivational types of their employees and promote harmonious passion through appraisal systems and organizational culture.
Originality/value
This research uncovers a mechanism and a boundary condition on the relationship between harmonious passion and performance. The results show the critical moderating role of human capital and the mediating role of effectual decision-making on the passion and performance relationship. The current study contributes to the passion literature by providing a more nuanced understanding of the dynamics between entrepreneurial passion and firm performance.
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Temoor Anjum, Azadeh Amoozegar, Muhammad Farrukh and Petra Heidler
This study aims to examine the potential determinants of entrepreneurial intentions (EIs) among business students. To that end, the study investigates the role of entrepreneurship…
Abstract
Purpose
This study aims to examine the potential determinants of entrepreneurial intentions (EIs) among business students. To that end, the study investigates the role of entrepreneurship education (EE) and entrepreneurial passion (EP) (inventing and founding), as well as the mediating role of attitude towards entrepreneurship (ATE) and the moderating role of university support.
Design/methodology/approach
A close-ended questionnaire measured on a seven-point Likert scale was used to collect data from business students at nine universities in Punjab, Pakistan. The sample size comprises 377 participants who were selected using a stratified random sampling technique. Partial least square structural equation modeling (PLS-SEM) was then applied to assess the study’s model and the postulated hypothesis.
Findings
The findings indicated that (a) every independent variable (IV) directly impacts EI [dependent variable (DV)] except EP for founding (EPF), (b) ATE significantly mediates the relationship between IV and DV (c) perceived university support positively moderates the relationship between ATE and EI.
Originality/value
As an implication to policy, the Government must ensure that students are exposed to business environments and find university support through different paths. Specifically, Pakistan’s Minister of Education and the Higher Education Commission (HEC) may consider designing university programs that lead to more influential EE. The empirical findings may help policymakers develop effective policies for promoting entrepreneurship.
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