The entrepreneurial psychological capital and the study of entrepreneurship

Abstract

The disconnection between the theory of psychological capital and the study of entrepreneurship leads to the absence of the concept of entrepreneurial psychological capital in the study of entrepreneurship. In order to make the combination of the theory of psychological capital and the study of entrepreneurship possible, it is very necessary to introduce the concept of the entrepreneurial psychological capital into the study of entrepreneurship, which can not only consolidate the methodology foundation of the study of entrepreneurship, but also explain the entrepreneurial process and venture performance powerfully. This paper focuses on: (1) exploring dimensions of the entrepreneurial psychological capital and developing corresponding scale; (2) the mechanism analysis of the entrepreneurial psychological capital on the entrepreneurial process and venture performance; (3) the empirical study of the entrepreneurial psychological capital influencing venture performance; (4) the entrepreneurial psychological capital development. Limitations and future research are concluded in the paper.