Performance Implications for Passion and Sleep Quality Among Entrepreneurs During COVID-19

Abstract

Research in entrepreneurial passion has stated passion as a double-edged sword for the well-being and success of entrepreneurs. Among various elements of well-being, sleep quality has gained significant attentions from entrepreneurship scholars in recent years. Yet, we still do not know how passion affects sleep quality of entrepreneurs, particularly in the time of crisis. This study addresses this gap by drawing upon the Dualistic Model of Passion and provide theoretical predictions on how harmonious passion and obsessive passion influences well-being and success of entrepreneurs. We validate our predictions using a longitudinal study with 302 entrepreneurs during the COVID-19 crisis, and provide empirical evidence on how sleep quality plays as a underlying mechanism to explain effects of different types of passion on entrepreneurial success. Specifically, our results show that harmonious passion positively influences entrepreneurial success through sleep quality while obsessive passion influences on the success negatively.