The power of shared positivity: organizational psychological capital and firm performance during exogenous crises

Grözinger, Ann-Christin; Wolff, Sven; Ruf, Philipp Julian; Moog, Petra

doi:10.1007/s11187-021-00506-4

Cited by 53 publications

(53 citation statements)

References 161 publications

(362 reference statements)

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“…They concluded that PsyCap significantly impacted EP ( Gao et al, 2021 ). Grözinger et al (2021) reasoned that PsyCap was an essential psychological resource and analyzed it using a structural equation model. The results showed that PsyCap had a significant positive impact on EP ( Grözinger et al, 2021 ).…”

Section: Introductionmentioning

confidence: 99%

“… Grözinger et al (2021) reasoned that PsyCap was an essential psychological resource and analyzed it using a structural equation model. The results showed that PsyCap had a significant positive impact on EP ( Grözinger et al, 2021 ). In short, PsyCap plays a positive role in EP according to a relevant literature review ( Digan et al, 2019 ).…”

Section: Introductionmentioning

confidence: 99%

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Psychological Capital on College Teachers’ and Students’ Entrepreneurial Performance and Sports Morality Under Social and Political Education

2022

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The aim of this study was to improve the entrepreneurial performance (EP) and sports morality of college teacher-and-student entrepreneurs (i.e., college entrepreneurs). Consequently, psychological capital (PsyCap) is creatively combined with social and political education (SPE) to explore college entrepreneurs’ EP and sports morality. First, following a theoretical model implementation, this article proposes several hypotheses. Then, a questionnaire survey (QS) was designed, and the data were analyzed. The results show that (1) gender has little impact on EP and sports morality; (2) PsyCap significantly affects the EP of college entrepreneurs at the age of 33–38 years; (3) in terms of educational background, average scores of PsyCap + SPE of bachelors are the highest, followed by masters or above, and finally, the college undergraduate; (4) the average score of PsyCap + SPE of married respondents is 4.0, while that of the unmarried is 3.7; (5) there is a significant difference between college entrepreneurs’ EP under the dimension of the basic enterprise situation; and (6) the average score of the length of entrepreneurship is 9.87, which has the most significant impact on the EP and sports morality, and the significance of sports morality is 0.04. Among them, the most significant impact on EP and sports morality is weekly sports participation, with a score of 9.67. Therefore, PsyCap + SPE plays a positive role in the EP of college entrepreneurs. In contrast, sports morality has little impact on EP. This study provides a reference for the research on the influence of entrepreneurship and sports morality of college entrepreneurs.

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Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Psychological Capital on College Teachers’ and Students’ Entrepreneurial Performance and Sports Morality Under Social and Political Education

2022

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“…The more grounded the innovation capacity controlled by a company, the more successful its performance [41]. The link between innovation management and SME performance has been extensively analyzed, and in most cases, it shows the existence of significant impacts on economic and business performance [74]. Strategic innovation management is concerned with the use of appropriate strategic management techniques and measures to maximize the impact of the company's innovation activities for business growth and performance [75].…”

Section: The Management Of Innovation and Its Effects On The Economy ...mentioning

confidence: 99%

Innovative Business Strategies in the Face of COVID-19: An Approach to Open Innovation of SMEs in the Sonora Region of Mexico

Valdez-Juárez

Castillo-Vergara

Ramos-Escobar

2022

Journal of Open Innovation: Technology, Market, and Complexity

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The purpose of this study is to analyze and verify the effects of the business strategy (financial and market) and innovation management exerted on the economic indicators and business performances of SMEs in the south-central region of Sonora in Mexico. The effect of electronic commerce and the home office in the management of innovation and corporate performance is also analyzed. In addition, a multigroup analysis was carried out to check if there are significant differences between family and non-family businesses. The sample analyzed comprises 498 SMEs with between 6 and 250 employees in the commerce sector. To collect the information, a questionnaire was developed and applied to the online SME manager through the LimeSurvey Professional platform. The field work was carried out from February to October 2021. PLS-SEM was used for the data analysis. The results report that the business strategy (financial and market) does not have significant effects on the management of innovation and on the economic indicators of SMEs. On the other hand, innovation management has positive and significant effects on the economic indicators and business performance of SMEs. It is also revealed that economic indicators have a positive and significant effect on business performance. Open innovation strategies such as electronic commerce have positive and significant effects on innovation management and corporate performance. Similarly, the home office has significant effects on innovation management. Finally, unknown SMEs were found to be the best performers in innovation management and business performance. The study contributes to the development of the theory of competitive behavior and the theory of resources and capabilities.

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“…This suggests that psychological capital at work has a positive effect on organizational outcomes. Recent research suggested that the positive effect of psychological capital remains during the pandemic [29,30].…”

Section: Introductionmentioning

confidence: 99%

Psychological Capital and Family Satisfaction among Employees: Do Occupational Stressors Moderate the Relationship?

Siu¹,

Kong²,

Ng³

2021

IJERPH

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The COVID-19 pandemic has created more occupational stressors, particularly work–family interface issues. The purpose of this study was to investigate the moderating role of occupational stressors in the relationship between a personal resource (psychological capital) and family satisfaction. A cross-sectional study was carried out with a sample of 787 employees (367 males, 420 females) from the Greater Bay Area of China between October and November 2020. Participants completed an online survey which included the Chinese version of the Psychological Capital Questionnaire, measures of occupational stressors from the Work Stress Management DIY Kit and a measure of family satisfaction. Latent moderated structural equation modeling revealed that family satisfaction was positively associated with psychological capital and negatively associated with occupational stressors. Furthermore, occupational stressors weakened the positive association between psychological capital and family satisfaction. These findings provided empirical evidence for the work–home resources model and may suggest that it would be beneficial to boost psychological capital and reduce occupational stressors of employees.

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The power of shared positivity: organizational psychological capital and firm performance during exogenous crises

Cited by 53 publications

References 161 publications

Psychological Capital on College Teachers’ and Students’ Entrepreneurial Performance and Sports Morality Under Social and Political Education

Psychological Capital on College Teachers’ and Students’ Entrepreneurial Performance and Sports Morality Under Social and Political Education

Innovative Business Strategies in the Face of COVID-19: An Approach to Open Innovation of SMEs in the Sonora Region of Mexico

Psychological Capital and Family Satisfaction among Employees: Do Occupational Stressors Moderate the Relationship?

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