Dispositional optimism, entrepreneurial success and exit intentions: The mediating effects of life satisfaction

Lindblom, Arto; Lindblom, Taru; Wechtler, Heidi

doi:10.1016/j.jbusres.2020.08.012

Cited by 53 publications

(41 citation statements)

References 109 publications

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“…However, the pattern of this construct remains optimism. The finding is aligned with the study of Lindblom et al (2020), wherein optimism is related to entrepreneurial success, thereby maintaining that action taking and entrepreneurship are related. From another perspective, Mustafa (2020) opines that optimistic about the execution of the entrepreneurial activities (which includes idea/opportunity assessment, transition into entrepreneurship and opportunity utilisation/exploitation) support the entrepreneurial behaviour or action of the entrepreneurs in their entrepreneurial journey.…”

Section: The Key Findingssupporting

confidence: 79%

Heuristics and optimism - Towards entrepreneurial behaviour and success

Akinbinu

Chiloane-Tsoka

2021

Journal of Contemporary Management

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Purpose of the study: Entrepreneurial behaviour or actions do not exist in a vacuum instead are influenced by different cognitive factors such as heuristics and optimism level inherent in the entrepreneurs. Many scholars have investigated heuristics effect on entrepreneurial decision and process, but the study of heuristics and optimism regarding the behaviour of the entrepreneurs and their business performance are short-lived. Therefore, this study examined the effect of the duo factors (heuristics and optimism) on the behaviour of the entrepreneurs in their journey from the existing enterprises.Design/methodology/approach: A mixed-method was engaged in the data collection and analysis process while the entrepreneurs with the intrapreneurial background are the unit of analysis. Findings:The findings revealed a significant relationship between entrepreneurial behaviour and the selected duo factors (heuristics and optimism) of the entrepreneur. From the qualitative outcomes, many entrepreneurs agreed that both heuristics and optimism are instrumental to their entrepreneurial behaviour or actions and reflected in the individual performances and business successes.Recommendations/value: This paper, however, recommend that entrepreneurs embrace the concept of ''now', 'next' and 'new' for key performance indicator and new business deliverables. Managerial implications:This paper observed that businesses, at the cutting edge of innovation via deliberate learning and new discovery from previous task, thrive and enhance business successes.

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Section: The Key Findingssupporting

confidence: 79%

Heuristics and optimism - Towards entrepreneurial behaviour and success

Akinbinu

Chiloane-Tsoka

2021

Journal of Contemporary Management

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“…Researchers [11] have approached entrepreneurs' subjective well-being by analyzing the role of life satisfaction (a cognitive component of well-being) in the formation of exit intention. However, the affective component has not been taken into consideration to date.…”

Section: Limitations and Future Directionsmentioning

confidence: 99%

“…Frese and Gielnik [10] emphasized the importance of applying a psychological perspective when studying entrepreneurship and entrepreneurial outcomes. Answering these calls, Lindblom et al [11] summarized empirical research in order to explain the outcomes of well-being or happiness in entrepreneurship. Some studies [12] found that a low level of well-being was associated with business exit intention, while Hessels et al [13] demonstrated how depression was positively related to the probability of business exit.…”

Section: Introductionmentioning

confidence: 99%

The Formation of Subsequent Entrepreneurial Intention: Happiness Matters

Bao

Dou

2021

Sustainability

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Subsequent entrepreneurial intention is a good predictor of serial entrepreneurial endeavors which facilitate the sustainability of economic growth. Previous research has investigated the influence of economic outcomes on continuous engagement in entrepreneurial activities. However, despite frequent calls by scholars, limited attention has been given to the psychological factors that could explain how economic performance influences intention. This study aims at answering some of these questions, including whether entrepreneurs are willing to continue creating new ventures after achieving positive economic feedback from their current business, and what the psychological drivers are behind such intentions. Borrowing insights from the field of positive psychology, this study develops a framework to understand the role of the performance of a firm and happiness in the subsequent intention formation process, testing the mediated moderation effect using data collected from 1019 entrepreneurs in China. The results show that current firm performance significantly enhances subsequent entrepreneurial intention, while the relationship is mediated by the happiness of the entrepreneurs. Family cohesion attenuates the influence of firm performance on happiness, which shows that for entrepreneurs, family issues play an important role in their mental state. The theoretical and practical implications of the framework are also discussed.

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“…This means that a good life is not created in an isolated environment, but is shaped within social relations and interactions with others. Therefore, instead of merely focusing on their businesses, entrepreneurs should be able to invest in their social lives ( Lindblom et al, 2020 ). The theoretical perspectives and empirical data also suggest that satisfaction and delight can beimproved in the long run by deliberate actions and exercises ( Seligman, 2004 ; Lyubomirsky et al, 2005 ; Diener et al, 2006 ; Dijkhuizen et al, 2018 ).…”

Section: Practical Implicationsmentioning

confidence: 99%

Exploring the Antecedents and Outcomes of Entrepreneurial Well-Being: Empirical Evidence From Iranian Rural Entrepreneurs

Karimi

Reisi

2022

Front. Psychol.

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Studies regarding rural entrepreneurs in developing countries and, specifically, their well-being have not been sufficiently developed in the literature. The present study was an attempt to fill this gap and to examine important antecedents and outcomes associated with entrepreneurial well-being among a sample of 102 Iranian rural entrepreneurs. This research established a theoretical research model that highlighted the relationships among job fit, entrepreneurial passion, well-being, and persistence. The results of structural equation modeling supported the hypothesized model. In particular, the results indicated that higher job fit was associated with higher levels of entrepreneurial well-being through an entrepreneurial passion mechanism. Moreover, the results supported the hypothesized serial mediating effect. In other words, a high level of job fit enhances entrepreneurial persistence through a high level of entrepreneurial passion and well-being. This study provides significant input to policymakers and practitioners in their efforts to promote the antecedents and outcomes of well-being among rural entrepreneurs.

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Dispositional optimism, entrepreneurial success and exit intentions: The mediating effects of life satisfaction

Cited by 53 publications

References 109 publications

Heuristics and optimism - Towards entrepreneurial behaviour and success

Heuristics and optimism - Towards entrepreneurial behaviour and success

The Formation of Subsequent Entrepreneurial Intention: Happiness Matters

Exploring the Antecedents and Outcomes of Entrepreneurial Well-Being: Empirical Evidence From Iranian Rural Entrepreneurs

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