Role of Technological Knowledge and Entrepreneurial Orientation on Entrepreneurial Success: A Mediating Role of Psychological Capital.

Ben-Oni Ardelean

doi:10.3389/fpsyg.2021.814733

Abstract

This study pursues to build the conceptual model of entrepreneurial success (ES) that discusses the concept and phenomenon of ES and its perquisites and outcomes. This proposed mode anticipated that factors technological knowledge (TK), entrepreneurial orientation (EO), and psychological knowledge influence ES. This paper explains previous literature on perquisites, the phenomenon of TK, EO and psychological knowledge, and ES. This conceptual paper targets the scholarly works that provide support for the proposed model. A significant contribution of this paper is to propose an original relationship between prerequisites, phenomena, and consequences in ES. The proposed model shows a novel conceptualization of how these constructs may be connected to affect ES outcomes. This study enhances the literature by providing the theoretical literature of forerunners and outcomes for ES. In addition, this study has important implications for practitioners and entrepreneurs to generate success in entrepreneurial activities. Based on new insights, this study also developed and suggested new approaches and opportunities for future research.

Highlights

Over the decades, the progressing digital trend involving the role of advanced innovations has coordinated the emerging demand for technological solutions
This study suggested that technological knowledge (TK) significantly affects psychological capital (PsyCap); it can enhance the technological learning of capital resources to utilization in the job
This paper develops a theoretical roadmap for future researchers’ by joining the factors that fundamentally contribute toward entrepreneurial success (ES)

Summary

Introduction

The progressing digital trend involving the role of advanced innovations has coordinated the emerging demand for technological solutions. The developing technology paradigm has enhanced the potential of advanced technologies, thereby vigorously modifying entrepreneurial activities (Elia et al, 2020). The rigorous diffusion of the modernized invention (i.e., Information Communication Technology) has upheld the modern roads for incorporating novel innovations in entrepreneurial success (ES). This relentless convergence between entrepreneurship and digital technologies has advanced the new breed of entrepreneurs by successfully launching the new venture. Developing entrepreneurship has potentially been emerged as a prime feature increasing the firms’ growth rate. The field of entrepreneurship supporting the new venture’s success has become critical

Objectives

Discussion

Conclusion