Positive Affect, Self-Efficacy, Goal-Related Variables, and Life Satisfaction: the Role of Goal Attainment and Domain Value

Sim, Tick Ngee; Lui, Zhi Jing

doi:10.1007/s11482-020-09873-8

Cited by 5 publications

(1 citation statement)

References 31 publications

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“…Optimism allows them to generate a positive perspective regarding various business-related outcomes (e.g., reaching business objectives), while resilience should enable them to recover after potential setbacks. Altogether, these aspects can facilitate goal attainment, an essential component of satisfaction ( Judge and Ilies, 2004 ; Sim and Lui, 2020 ). Indeed, previous studies have linked PsyCap to satisfaction in samples of employees ( Karatepe and Karadas, 2015 ) and entrepreneurs ( Baron et al, 2016 ; Bockorny and Youssef-Morgan, 2019 ).…”

Section: Introductionmentioning

confidence: 99%

Entrepreneurial well-being and performance: antecedents and mediators

Tisu,

Vîrgă,

Taris

2023

Front. Psychol.

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Entrepreneurial well-being is tied to increasing firm performance because entrepreneurs possess additional resources to invest in their businesses. However, research integrating antecedents, specific mechanisms related to the emergence of entrepreneurial well-being (EWB), and performance is scarce. Furthermore, the collective impact of their roles as entrepreneurs and individuals outside the work context is yet to be investigated concerning venture performance. The present study addresses these issues by presenting and testing a comprehensive model employing entrepreneurs’ psychological capital as an antecedent of EWB and, indirectly, performance. We investigate this relationship through a serial mediation mechanism enabled by work engagement and entrepreneurial satisfaction regarding entrepreneurs’ work roles. Also, we employ work-life balance and mental health as mediators regarding their home roles. Drawing on data from 217 Romanian entrepreneurs, structural equation modeling analyses supported our model. PsyCap was a precursor of entrepreneurial satisfaction both directly and through work engagement. Also, PsyCap predicted entrepreneurs’ mental health directly and through work-life balance. Furthermore, both EWB components – entrepreneurial satisfaction and mental health – were associated with business performance. Hence, our model provides valuable insights regarding the interplay between entrepreneurs’ work and home roles and their relation to EWB and venture performance. It also provides the basis for future interventions that can psychologically prepare entrepreneurs to be successful in their entrepreneurial endeavors.

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