The Divergent Effects of Autonomy and Passion on Persistence in New Venture Creation

Zhu, Fei; Chen, Rongdong; Li, Mingxiang

doi:10.5465/ambpp.2011.65870627

Cited by 10 publications

(10 citation statements)

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“…2 See, for example, Block and Sandner (2009), Brüderl and Preisendörfer (1998), Brüderl and Ziegler (1992), Caliendo et al (2014), Ciavarella et al (2004), Fritsch et al (2006), Georgellis et al (2007), Gimeno et al (1997), Millán et al (2012), Oberschachtsiek (2012), Patel andThatcher (2014), van Praag (2003), Zhu et al (2011).…”

Section: Measurement Of Entrepreneurial Persistencementioning

confidence: 99%

Entrepreneurial persistence beyond survival: Measurement and determinants

Caliendo

Goethner

Weißenberger

2019

Journal of Small Business Management

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Entrepreneurial persistence is demonstrated by an entrepreneur's continued positive maintenance of entrepreneurial motivation and constantly renewed active engagement in a new business venture despite counterforces or enticing alternatives. It thus is a crucial factor for entrepreneurs when pursuing and exploiting their business opportunities and in realizing potential economic gains and benefits. Using rich data on a representative sample of German business founders, we investigated the determinants of entrepreneurial persistence. Next to observed survival, we also constructed a hybrid persistence measure capturing the motivational dimension of persistence. We analyzed the influence of individual-level (human capital and personality) and businessrelated characteristics on both measures as well as their relative importance. We found that the two indicators emphasize different aspects of persistence. For the survival indicator, the predictive power was concentrated in business characteristics and human capital, while for hybrid persistence the dominant factors were business characteristics and personality. Finally, we showed that results were heterogeneous across subgroups. In particular, formerly unemployed founders did not differ in survival chances, but they were more likely to lack a high psychological commitment to their business ventures.

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Section: Measurement Of Entrepreneurial Persistencementioning

confidence: 99%

Entrepreneurial persistence beyond survival: Measurement and determinants

Caliendo

Goethner

Weißenberger

2019

Journal of Small Business Management

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“…The idea of entrepreneurial passion as a multidimensional construct (Cardon, Gregoire, Stevens, & Patel, ) led to the study of entrepreneurial passion on several different levels. Various studies have: assessed the role of passion in developing entrepreneurial intention (De Clercq, Honig, & Martin, ). proposed that nascent entrepreneurs having high entrepreneurial passion are more likely to enter into new business ventures (Zhu, Chen, & Li, ). explored the impact of pull entrepreneurship in developing entrepreneurial passion—that is, the factors that pull people toward entrepreneurship (Dalborg & Wincent, ). discussed the role of passion in hybrid entrepreneurship (Thorgren, Nordström, & Wincent, ). studied the effect of passion on inventing, founding, and developing a business, and on employee commitment in entrepreneurial ventures (Klaukien, Breugst, & Patzelt, ). …”

Section: What Is Entrepreneurial Passion?mentioning

confidence: 99%

“…• assessed the role of passion in developing entrepreneurial intention (De Clercq, Honig, & Martin, 2012). • proposed that nascent entrepreneurs having high entrepreneurial passion are more likely to enter into new business ventures (Zhu, Chen, & Li, 2011). • explored the impact of pull entrepreneurship in developing entrepreneurial passion-that is, the factors that pull people toward entrepreneurship (Dalborg & Wincent, 2015).…”

Section: What Is Entrepreneurial Passion?mentioning

confidence: 99%

The role of entrepreneurship education in developing a passion for business

Arshad¹,

Farooq²,

Afzal³

2018

Glob Bus Org Exc

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What effect does education have on entrepreneurial passion? A study conducted among business school students in Pakistan's largest private university, the University of Lahore, investigates the relationship between entrepreneurial education, entrepreneurial passion, and entrepreneurial self‐efficacy. The findings show a strong positive relationship between entrepreneurial education and entrepreneurial passion. They also show that entrepreneurship education affects entrepreneurial self‐efficacy, which in turn stimulates an individual's entrepreneurial passion. Besides contributing to the theoretical literature on the relationship between entrepreneurial education and entrepreneurial passion, these results provide educators and public policy‐makers with guidance on how to develop entrepreneurial passion in the business leaders of the future.

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“…While research has established that non-monetary motivations are important across the spectrum of firms that are started (Zhu, Chen and Li 2011), these conclusions are based on research that is primarily conducted within a developed country context. Within a developing -heretofore referred to as 'emerging market' -context the circumstances are quite different, especially for those individuals at the Base of the Pyramid (BOP).…”

Section: Autonomy Independence and Entrepreneurshipmentioning

confidence: 99%

“…As key non-monetary motivators for engaging in the entrepreneurial process (Rindova, Barry and Ketchen 2009;Zhu, Chen and Li 2011), these concepts continue to be studied, particularly among nascent entrepreneurs. Autonomy is defined as "the ability to work independently, make decisions, and take actions aimed at bringing forth a business concept or vision and carrying it through to completion" (Lumpkin andDess 1996 in Lumpkin, Cogliser andSchneider 2009 pp 62-63) with independent thinking and action part and parcel of autonomy.…”

Section: Autonomy Independence and Entrepreneurshipmentioning

confidence: 99%