Abstract

Emotional effects in entrepreneurial contexts have attracted broad scholarly interest. However, we still have limited knowledge concerning the antecedents to or the generation process of emotions. Drawing on affective events theory, this study focuses on the generation process of two entrepreneurial emotions (fear and pride) by linking entrepreneurial stressors (workload and financial) and personality traits (neuroticism and optimism) over a two-week period with 61 entrepreneurs. Multilevel analyses provided evidence on individual differences in entrepreneurs’ emotional reactions to stressors at between- and within-person levels. Further, neuroticism and optimism can partially account for individual differences in examined relationships across levels of analysis. Theoretical and practical implications are discussed.

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