Surviving the emotional rollercoaster called entrepreneurship: The role of emotion regulation

Cock, Robin De; Denoo, Lien; Clarysse, Bart

doi:10.1016/j.jbusvent.2019.04.004

Cited by 43 publications

(60 citation statements)

References 121 publications

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“…While we did not capture emotion regulation explicitly, our findings are consistent with this argument and suggest that under external threat, new venture managers redirect their attention to their teammates and focus on the effort invested by them. Therefore, in contrast to studies indicating that some forms of emotion regulation might be dysfunctional for new venture outcomes under low venture performance (De Cock et al, 2019), we echo other studies (Troy and Mauss, 2011; Troy et al, 2013) emphasizing potential benefits. Thus, it appears to be a fruitful avenue for future research to study the interplay of motivation, emotion, and contagion processes in new venture management teams.…”

Section: Discussionsupporting

confidence: 55%

When is Effort Contagious in New Venture Management Teams? Understanding the Contingencies of Social Motivation Theory

Breugst

Patzelt

Shepherd

2020

J Management Studies

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Consistent with social motivation theory, prior research on managerial motivation suggests that effort is contagious across management team members. In this study, we draw on belongingness theory to develop a model on important boundary conditions to social motivation theory in the management team context. The model predicts that new venture managers react to their teammates' higher effort levels by investing higher effort levels themselves primarily when they are confronted with a threat-namely, low venture performance and high environmental hostility-but that effort is less contagious when managers face little threat. We test our model with a sample of 103 new venture managers nested in 51 management teams in a longitudinal setting capturing managerial effort over 26 weeks. While we do not find a direct relationship between teammates' effort and a new venture manager's subsequent effort, we find support for the crucial role of threat in triggering the contagion of managerial effort. We discuss the contributions of our study for research on management teams, performance feedback, and entrepreneurial effort in new ventures.

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Section: Discussionsupporting

confidence: 55%

When is Effort Contagious in New Venture Management Teams? Understanding the Contingencies of Social Motivation Theory

Breugst

Patzelt

Shepherd

2020

J Management Studies

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“…The negative emotions generated by the entrepreneurial process raise the question why and how surviving entrepreneurs are able to persist and even thrive under such conditions. Perseverance, resilience, and the ability to regulate emotions are seen as essential vital for entrepreneurial success (Millán et al, 2012;Holland and Garrett, 2015;Barba-Sánchez and Atienza-Sahuquillo, 2017;Chadwick and Raver, 2018;De Cock et al, 2019).…”

Section: Theoretical Motivation and Opportunities For Conceptual Devementioning

confidence: 99%

No Need to Worry? Anxiety and Coping in the Entrepreneurship Process

2020

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Understanding experiences of and responses to anxiety is foundational to developing robust theories of entrepreneurial behavior. Using open-ended, vignette and graphical elicitation interviews with 77 entrepreneurs, we inductively investigate the experience of and coping responses to anxiety during the entrepreneurship process. We develop a comprehensive and dynamic goal-striving model to explain experiencing and coping with entrepreneurial anxiety by integrating empirical findings with appraisal and control theories. In doing so, we theorize that entrepreneurial anxiety is endogenous to a cyclical conception of goal-striving, such that various sources of anxiety make sense only in consideration of the goals, standards or values to which they pertain. In this regard, entrepreneurs' coping responses influence four different points of an iterative goal-striving cycle-an insight that moves beyond problematic static and binary coping classifications.

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“…In contrast to Coad and Storey's (2021) arguments, many scholars maintain that new venture survival is not simply a matter of economic and/or financial reasons (De Cock et al., 2020; Gimmon & Levie, 2010; Kato & Honjo, 2015; Khelil, 2016; Maliranta & Nurmi, 2019; van Praag, 2003; Wennberg, 2009; Wilson et al., 2014), acknowledging the importance of psychological and subjective aspects that influence survival (De Cock et al., 2020; DeTienne et al., 2008; Gimeno et al., 1997; Lee & Lee, 2015; Stenholm & Renko, 2016). For example, the recent work by De Cock et al.…”

Section: Survival Beyond Economic Reasons: the Role Of Emotions And Cognition In New Ventures’ Survivalmentioning

confidence: 93%

“…For example, the recent work by De Cock et al. (2020) illustrates how psychological processes and, more specifically, entrepreneurs’ emotional regulation strategies can influence new ventures’ chances of survival. The authors show that the effects of cognitive reappraisal and expressive suppression on survival vary, depending on whether the venture is a low‐ or a high‐performing one.…”

Section: Survival Beyond Economic Reasons: the Role Of Emotions And Cognition In New Ventures’ Survivalmentioning

confidence: 99%

The role of skill versus luck in new venture survival

Soto-Simeone

Sirén

Antretter

2021

Int J Management Reviews

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In our paper ‘New venture survival: A review and extension’ in the International Journal of Management Reviews, we synthesized more than five decades of entrepreneurship, management and sociology research on the reasons why some new ventures survive and others fail. Based on our review and analysis, we provided an up‐to‐date systematization of the literature and a framework that includes important extensions to Stinchcombe's seminal work. Coad and Storey criticized our framework for basing venture outcome on skill—something that can be influenced by entrepreneurs and other stakeholders. In this paper, we argue that: (i) the distinction between survival and performance matters when thinking about the antecedents of these constructs; (ii) gambling is an incompatible analogy for entrepreneurship; and (iii) psychological processes cannot be ignored when studying new ventures’ survival. We also correct some points made by Coad and Storey about our findings. We encourage future studies on new venture survival to be cautious of adopting a view of venturing as a ‘game of chance’—which is, in our perspective, a potentially discouraging view for people pursuing entrepreneurship.

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Surviving the emotional rollercoaster called entrepreneurship: The role of emotion regulation

Cited by 43 publications

References 121 publications

When is Effort Contagious in New Venture Management Teams? Understanding the Contingencies of Social Motivation Theory

When is Effort Contagious in New Venture Management Teams? Understanding the Contingencies of Social Motivation Theory

No Need to Worry? Anxiety and Coping in the Entrepreneurship Process

The role of skill versus luck in new venture survival

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