What Makes Entrepreneurs Happy? Psychological Flexibility and Entrepreneurs' Satisfaction

Hugten, Joeri van; Hejazi, Zainab Noor El; Brassey, Jacqueline; Vanderstraeten, Johanna; Cannaerts, Nele; Loots, Ellen; Coreynen, Wim; Witteloostuijn, A. van

doi:10.1016/j.jbvi.2021.e00263

Cited by 6 publications

(6 citation statements)

References 30 publications

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“…According to van Hugten et al (2021) , flexibility is an important personality trait of entrepreneurs that helps them motivate, sustain, and be satisfied with the entrepreneurial decision. Also, the entrepreneurial experience develops a lens of the learner, who learns from diverse experiences and experts through reflections and innovation ( Kaseorg et al, 2010 ).…”

Section: Discussionmentioning

confidence: 99%

Role of personality traits for entrepreneurial intentions of young entrepreneurs: A case study of higher education institution

et al. 2022

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Pakistan being a young country is struggling to provide employment opportunities. However, entrepreneurship is a perceived strategy for reducing unemployment. The trend of entrepreneurship is also emerging among university students. Thus, the ratio of entrepreneurial intention and start-ups is also increasing among university students and graduates. Therefore, this study aims to examine the role of personality traits in the entrepreneurial intentions of young entrepreneurs. Considering this, qualitative methodology was employed with the case study as the research design. A single case of a university with three different departments was taken. In total, n = 9 entrepreneurs were purposely selected from business (n = 3), computer science (n = 3), and education (n = 3) departments. The data were collected using semi-structured interviews and documentary analysis of their ventures and success stories. This study followed research ethics, including volunteer participation, confidentiality, and reciprocity. The collected data were analyzed using interpretative phenomenological analysis. The findings reveal three main themes: the desire to be an entrepreneur, learning attitude, and personality traits are the leading factors in the entrepreneurial intentions of students and graduates. However, within these themes, the effect of personality traits (consistency and determination, discipline and locus of control, and risk-taking and tolerance) is found to lead to entrepreneurial intentions among young entrepreneurs. This study concludes that most entrepreneurs believe that the role of personality traits is evident in entrepreneurial intentions. Moreover, the personality traits are further strengthened with entrepreneurial experience and help continue entrepreneurship.

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Section: Discussionmentioning

confidence: 99%

Role of personality traits for entrepreneurial intentions of young entrepreneurs: A case study of higher education institution

et al. 2022

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“…Building upon this work, Shirokova et al (2022) present evidence that ADHD can benefit entrepreneurial performance via a positive effect on a firm's entrepreneurial orientation. Conversely, Tucker et al (2021) find that ADHD is not universally beneficial for entrepreneurial self-efficacy or opportunity recognition, and the study by Vörös and Lukovszki (2021) indicates that ADHD could impair subjective income and health perceptions for entrepreneurs. These findings highlight the complexity that is often associated with understanding how a large set of specific mental conditions relate to entrepreneurial outcomes, with many different aspects in play in the form of subtle mediation and moderation relationships.…”

Section: Papers Included In This Collectionmentioning

confidence: 95%

Entrepreneurship as an auspicious context for mental health research

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et al. 2022

Journal of Business Venturing Insights

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“…This rising interest in happiness is the result of deep societal changes (Ayala et al 2017 ; Mogilner 2019 ), in which many people are striving to find new balance in several areas of their lives, including work (Stephan et al 2020 ). Indeed, within the more fluid and unstable society of the postmodern world, the proactive pursuit of happiness appears to be a top priority for people (Fitriana et al 2022 ) who tend to adopt more flexible existential pathways (Van Hugten et al 2021 ).…”

Section: Conceptual Background and Research Hypotheses Developmentmentioning

confidence: 99%

“…Happiness at work is an umbrella concept (Salas-Vallina et al 2020 ) that relates to both environmental and personal factors Fisher 2010 ; Singh and Aggarwal 2018 ; Van Hugten et al 2021 ). The former include the structural conditions of the job (i.e., job design) and the organization (e.g., intangible organizational assets, procedures, and rules), as well as discrete or short-lived daily experiences and social interactions that create the basis for people to feel fully satisfied, enriched, and rewarded by what they do.…”

Section: Conceptual Background and Research Hypotheses Developmentmentioning

confidence: 99%

The key to happiness in collaborative workplaces. Evidence from coworking spaces

2022

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This quantitative study explores the significant psychological and behavioral dynamics in coworking spaces. We collected data from a sample of 175 people working in Italian coworking spaces and found that a more cooperative organizational climate increases coworking space users’ happiness. We also found that this relationship is positively moderated by several job crafting behaviors. More specifically, when workers are proactive in the work environment, they are more likely to benefit from the potential advantages (resources, challenges, networking opportunities, etc.) that cooperation-oriented work settings provide, which, in turn, amplifies the positive effect of cooperative work settings on individual happiness. These findings make a useful contribution to both the growing literature on coworking spaces and the more general job crafting literature. Indeed, the previous research on both behavioral dynamics that are specific to coworking spaces and on the role played by job crafting in influencing workers’ happiness remains limited. The study’s managerial implications concern the relevance of establishing a cooperative climate and encouraging workers’ proactivity to promote their happiness.

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What Makes Entrepreneurs Happy? Psychological Flexibility and Entrepreneurs' Satisfaction

Cited by 6 publications

References 30 publications

Role of personality traits for entrepreneurial intentions of young entrepreneurs: A case study of higher education institution

Role of personality traits for entrepreneurial intentions of young entrepreneurs: A case study of higher education institution

Entrepreneurship as an auspicious context for mental health research

The key to happiness in collaborative workplaces. Evidence from coworking spaces

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