Abstract
Studies regarding rural entrepreneurs in developing countries and, specifically, their well-being have not been sufficiently developed in the literature. The present study was an attempt to fill this gap and to examine important antecedents and outcomes associated with entrepreneurial well-being among a sample of 102 Iranian rural entrepreneurs. This research established a theoretical research model that highlighted the relationships among job fit, entrepreneurial passion, well-being, and persistence. The results of structural equation modeling supported the hypothesized model. In particular, the results indicated that higher job fit was associated with higher levels of entrepreneurial well-being through an entrepreneurial passion mechanism. Moreover, the results supported the hypothesized serial mediating effect. In other words, a high level of job fit enhances entrepreneurial persistence through a high level of entrepreneurial passion and well-being. This study provides significant input to policymakers and practitioners in their efforts to promote the antecedents and outcomes of well-being among rural entrepreneurs.
Highlights
Growing attention has been paid to entrepreneurs’ well-being in recent years as it is linked with various positive outcomes such as more efficiency, better performance, and increased opportunity recognition (Stephan, 2018; Wiklund et al, 2019; Marshall et al, 2020)
In response to Wiklund et al.’s (2019) invitation and to fill the gap in the research literature, the present study investigated the antecedents and outcomes of rural entrepreneurs’ well-being in Iran
There is a positive relationship between job fit and entrepreneurial passion
Summary
Growing attention has been paid to entrepreneurs’ well-being in recent years as it is linked with various positive outcomes such as more efficiency, better performance, and increased opportunity recognition (Stephan, 2018; Wiklund et al, 2019; Marshall et al, 2020). Entrepreneurs view their well-being as an index of their success (Wach et al, 2016). Some researchers argue that entrepreneurial well-being can be more helpful in better understanding entrepreneurs’ behavior and performance (e.g., Shepherd et al, 2019; Marshall et al, 2020) They believe that an entrepreneur’s well-being has important consequences for business and entrepreneurs personally value their well-being. Robust theories have not been well developed for studying the factors underpinning entrepreneurs’ well-being yet and there is not a full understanding of its antecedents and outcomes
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