Entrepreneurial Passion Research Articles

Family support and entrepreneurial passion: The mediating role of entrepreneurs' psychological capital

Entrepreneurial passion is seen as a valuable predictor of entrepreneurs' behavior and performance. We explored what makes entrepreneurs passionate by adopting a qualitative research method from a social support perspective. To test our hypotheses we conducted a survey with 287 young entrepreneurs in China. Using structural equation modeling we studied the impact of three types of support from the family on entrepreneurial passion. The results show that financial support and social capital support had a stronger influence on entrepreneurial passion than did emotional support. Further, psychological capital played a partial mediating role in the relationship between family support and entrepreneurial passion. This study enhances the integrity of previous research conclusions on entrepreneurial passion and, in particular, provides further insight into the development of nascent entrepreneurs and their new businesses.

Technology and Entrepreneurial Marketing Decisions During COVID-19.

The prime concern of this study is to explore how technology influences entrepreneurial marketing decisions during the world pandemic (COVID-19). The study uses a sample of 127 SMEs from Bangladesh. Data were collected by sending out questionnaires electronically and by mail. Smart PLS (SEM) 3.0 was used to analyse the data following the quantitative method. The study reveals positive and significant relationships between entrepreneurial opportunity recognition, opportunity development and opportunity exploitation with their entrepreneurial marketing decisions. It also claims that entrepreneurial passion mediates the relationship between entrepreneurial opportunity recognition and opportunity development with their entrepreneurial marketing decisions. However, entrepreneurial passion does not mediate the relationship between entrepreneurial opportunity exploitation and entrepreneurial marketing decisions. The study offers researchers a broader and more wide-ranging view of the importance of artificial intelligence in small firms. Researchers, educators and practitioners will benefit from the findings. The analyses are more complex and varied than the methodologies used in most of the limited previous research.

Following the footsteps that inspire: Parental passion, family communication, and children’s entrepreneurial attitudes

Parent entrepreneurs are known to play a major role in shaping their children’s entrepreneurial characteristics, particularly in their role as entrepreneurial role models. This study highlights the importance of affective dimensions of entrepreneurial role models by examining the impact of a parent’s entrepreneurial passion on their children’s entrepreneurial attitudes. We argue that this relationship is dependent upon the nature of communications and interactions within the family. Using data from 164 children of entrepreneurs, the results suggest that children form a positive entrepreneurial attitude when they perceive their parents to be passionate, and the effect is strongest in consensual families who adopt high levels of both conversation and conformity communication patterns. The contributions of the findings to entrepreneurship and family business research together with future research directions are discussed.

Entrepreneurial Attitude and Intention in Higher Education Students: What Factors Matter?

Abstract This study seeks to understand the main factors predicting the future entrepreneurial attitude and intention of higher education students. To do so, a questionnaire was sent to a sample of 508 students at a higher education institution (HEI) in the central region of Portugal. From a structural equation model, the results show that students’ entrepreneurial attitude is influenced positively, and with statistical significance, by Entrepreneurial Benefits, Entrepreneurial Passion, Psychological Cognition Factors and Religion Beliefs. On the other hand, the factors/dimensions of Self-Confidence and Creativity are found not to have a statistically significant influence on the Entrepreneurial Attitude of the students studied. In turn, entrepreneurial attitude was a direct and mediated predictor of students’ entrepreneurial intention. The results of the study can explain the influence of important factors on students’ entrepreneurial attitude and intention, presenting relevant challenges for HEIs to develop and provide more courses and programmes aimed at entrepreneurship. Such initiatives are a way to motivate students to be future entrepreneurs, raising business development and growth in the economy in general, and the country in particular. This study also makes an important contribution to the literature on higher education students’ attitude towards entrepreneurship and its influence on their future entrepreneurial intention. People with a strong entrepreneurial attitude and intention are needed to allow development, growth and innovation in the business sector. These actions can motivate students to be future entrepreneurs raising the business development and growth of the economy in general.

Dampening entrepreneurial passion: The effect of observational monitoring on startup venture employees

Observational monitoring of employees is becoming increasingly common in startup ventures in China, creating new problems regarding employee psychology—in particular, the diminishing of employee entrepreneurial passion. We conducted a survey with 303 employees of startups in China and found that observational monitoring was negatively associated with the employees' entrepreneurial passion for inventing because it eroded employee trust in management. However, when the employees perceived a high level of psychological safety, the negative effects of observational monitoring were mitigated. Theoretical and practical implications of these findings are discussed.

Head in the clouds? Cannabis users' creativity in new venture ideation depends on their entrepreneurial passion and experience

New venture ideation is critical to the entrepreneurial process. To generate creative ideas, some entrepreneurs turn to cannabis, proposing its benefits. However, extant research has not validated such claims. Using a new venture ideation task, we explore differences between cannabis users' and non-users' creativity in new venture ideation by assessing the originality and feasibility of their ideas. We theorized and found that cannabis users generate new venture ideas that are more original, but less feasible, compared to non-users. Further building upon creativity research emphasizing that motivation and knowledge shape creative thinking, we theorize that the cognitive effects of being a cannabis user on idea originality and feasibility are influenced by entrepreneurial passion for inventing—which reflects motivation to explore new venture ideas—and entrepreneurial experience (i.e., founding experience). Consistent with our theorizing, the increased originality and decreased feasibility of cannabis users' ideas surfaced to the extent that they had entrepreneurial passion for inventing and diminished commensurate with their entrepreneurial experience. Our study contributes to the literatures on new venture ideation, entrepreneurial passion, entrepreneurial experience, and cannabis users' creativity by providing an integrated perspective of cognitive, motivational, and experiential factors that drive entrepreneurs' creativity.

Entrepreneurial and Information Systems Universities Applied to Master Students Management

Entrepreneurship, from a few years ago, is considered as a determining factor of the economic performances in the countries sending development. Its structural role and the dynamism it impels in all economies is no more established. For this reason, in this paper we proposed to use a methodology based on entrepreneurial and information systems for management master students in Ibn Zohr University Morocco. This methodology permit to facilitate to create the proper project in different disciplinary fields.Nowadays, all agents insist on the development of entrepreneurship as well as the creation of enterprises as a catalyst for global economic growth. In this spirit, the development of the culture of business creation among students is a key factor to emerge new generations of entrepreneurs driven by entrepreneurial passion for entrepreneurship and motivated by the culture of innovation. entrepreneurship mentality.Indeed, academic training is one of the determinants that significantly affects the spirit of entrepreneurship among students and recent graduates, and therefore on economic development in general. two questions arise, how do Ibn Zohr University master’s students perceive entrepreneurship, and does academic training and entrepreneurship awareness impact the intention and desirability of entrepreneurship in his students? To answer these questions, we developed a quantitative practical study based on a survey administered and collected from the young master’s students of Ibn Zohr University in Agadir. Thus, the results of this study show that the intention, desirability and feasibility of young students with respect to entrepreneurship are associated with personal, professional, cultural and contextual characteristics. And they differ between the different institutions of Ibn Zohr University.

THE INFLUENCE OF ENTREPRENEURIAL PASSION AND CREATIVITY ON ENTREPRENEURIAL INTENTIONS

ABSTRACT Purpose: This study aims to analyze the influence of entrepreneurial passion and creativity on entrepreneurial intent. It also examines the mediating role of entrepreneurial self-efficacy between the personal/cognitive variable and entrepreneurial intention. Originality/value: By stressing the importance of cognitive and emotional variables that may influence entrepreneurial intentions among university students (such as creativity and entrepreneurial passion), this study shows the important role that universities have in the development of entrepreneurial intent. According to the Social Cognitive Theory (SCT), the environment influences individual behavior and, therefore, universities should encourage an entrepreneurial environment, enabling the creation of new jobs and companies. Design/methodology/approach: Data were collected through a survey with business and technology students from a Brazilian university. In total, 338 valid responses were obtained, which were analyzed through structural equation modeling. The data were collected in a cross-sectional manner and by a stratified and non-probability sampling method. To address the research hypothesis and to attain the objectives of the study, all constructs were adapted from relevant literature in the field of entrepreneurship. The structural model was examined in relation to the model fit, which enabled the hypothesis to be tested. Findings: Results showed both a direct and indirect positive relationship between entrepreneurial passion on entrepreneurial intention. Regarding the creativity factor, results indicated only an indirect effect of creativity on entrepreneurial intention, this relationship being mediated through entrepreneurial self-efficacy. No significant differences were found in the model regarding age, gender, graduation program, entrepreneurial family background, role models or family income.

The developing speciality coffee businesses of Bangkok, Thailand and Penang, Malaysia. A story of entrepreneurial passion and creativity?

Purpose: This paper considers the recently emergent speciality coffee industry in Bangkok, Thailand and Penang, Malaysia. It addresses the research questions of what are the motivations and attitudes of small, entrepreneurial, speciality coffee business owners in both countries. Methodology: The study’s methodology was interview-based qualitative data gathering with no pre-determined hypotheses. Interviews were semi-structured. Questions considered motivations and attitudes variously but particular points of focus were passion and creativity. Analysis was through thematic content analysis. Findings: The main findings were that participants considered themselves to be passionate and creative, wanted to educate about coffee (the primary finding) and have no expectation and little hope of becoming wealthy through their coffee enterprises. Their focus was on other elements of happiness than money. It transpired that their passion was not an entrepreneurial passion, financially driven, but a passion for craft skills and production, and attendant lifestyles that were simply not concerned about income maximisation. Implications for theory and practice: It presents a potential view of entrepreneurship at major variance with the views of classical economics. Few entrepreneurs interviewed saw their businesses as having potential for wealth creation. Concerns to maximise income or profit were not prevalent. These were not the financially driven entrepreneurs of classical economics. Their focus was on their craft and its skills. All understanding of the mindset of the small speciality coffee business owners and creators is an insight of substantial practical importance, for instance, to those seeking to supply to them and perhaps other similar small businesses, or to advise them, including Government and Local Government advisory services. Originality and value: The question set for this study had never been asked before, so the study is unique within the industry. Its value lies in two areas, the practical real world of business, as mentioned, and for future researchers in entrepreneurship. With these small businesses built from lifestyle concepts rather than classical economic concepts, notably of income or profit maximisation and scale appropriate to those, strong doubt is thrown on the validity of those classical economic views. An important value in this study is precisely that it drilled down and struck a plethora of motivations and attitudes informally held by entrepreneurs, people of a type that do not usually inform studies of entrepreneurship but may inform future researchers, particularly when reviewing the growing body of small artisanal and craft businesses.

Sharing a passion for the mission? Angel investing in social enterprises

Passion for a mission is an important factor for social entrepreneurs, but how do angel investors perceive passionate social entrepreneurs looking for funding? The opportunity nexus in social entrepreneurship and our propositions highlight the role and nature of passion when mission-driven social entrepreneurs are trying to secure funding from angel investors. To develop propositions, we build on previous studies in social entrepreneurship, business angel funding, and entrepreneurial passion complemented with qualitative data from eight field interviews. The results indicate angel investors recognise the opportunities in social entrepreneurship, but the mission can never replace the financial return. Without a functioning business model, accomplishing a social mission becomes impossible.

创业激情的研究进展与未来展望

创业激情的研究进展与未来展望

ENTREPRENEURIAL PASSION, ENTREPRENEURIAL ALERTNESS AND ISLAMIC ENTREPRENEURIAL ORIENTATION: ITS APPLICATION TO THE MUSLIMAH ENTREPRENEUR

The success of an entrepreneur orientation from an Islamic perspective is not only measured in material success but also in a growing business. Muslimah entrepreneur needs passion and alertness in entrepreneurship to help to shape an entrepreneurial optimism and make decisions as well as business development efforts. The aims of the research are (1). Analyzing the influence of entrepreneurial passion on entrepreneurial alertness (2). Analyzing the influence of entrepreneurial alertness on Islamic entrepreneurial orientation (3). Analyzing the influence of entrepreneurial passion on Islamic entrepreneurial orientation. Data were collected from a sample of 86 Muslimah entrepreneurs from the Association of Muslimah Entrepreneurs in Jambi Province. Data collection is carried out using a questionnaire as the instrument research. Moreover, path analysis is used to analyze the influence of each variable studied. The results showed that there is a positive and significant influence between: entrepreneurial passion on entrepreneurial alertness, entrepreneurial alertness on Islamic entrepreneurial orientation, and entrepreneurial passion on the Islamic entrepreneurial orientation of Muslimah entrepreneurs. Research implementation will enhance the passion and alertness of Muslimah entrepreneurs and it suggests further studies to strengthen the model of research particularly in terms of Islamic entrepreneurship perspective.

The Role of Entrepreneurial Self-Efficacy and Entrepreneurial Passion in Business Performance

Small enterprises contribute significantly to the economic growth and prosperity in countries (Birch, 1987). The field of entrepreneurship represents an increasingly dynamic productive force in the economy (Gavron et al., 1998). Various entrepreneurship researchers opposed the construct of entrepreneurial self-efficacy (ESE), defined as an individual's belief in his or her ability to achieve various entrepreneurial tasks (Miao, Qian and Ma, 2017). Many studies have found positive relationships between ESE and entrepreneurial intention. On the contrary, there are some ambiguity on relationship between ESE and entrepreneur's post- start up performance (McGee et al. 2009). One of the affective entrepreneurial dimension is passion. Many researchers have opposed passion as a key element of entrepreneurial effort (Cardon et al., 2009; Chen et al., 2009) because it is able to bring up creativity and the recognition of new information patterns critical to the encounter and exploitation of encouraging opportunities (Baron, 2008; Cardon et al. 2013). However, there is little research focusing on entrepreneurial passion (EP), leading to business performance (Cardon et al. 2013). Thus, this research clarify how entrepreneurial self-efficacy (ESE) effect to business performance, and entrepreneurial passion (EP) may vary the ESE- business performance relationship as a mediator. Keywords: Entrepreneurial Self-Efficacy, Entrepreneurial Passion, Business Performance

Achieving coherence: towards a model of the nascent-stage behavioral dynamics of new venture teams

While research has begun to identify Team Entrepreneurial Passion (TEP) and Team Entrepreneurial Competencies (TEC) as drivers of new venture team (NVT) dynamics, current literature fails to account for how these cognitive elements interact to influence team behavior, particularly throughout the nascent stages of the entrepreneurial process. Previous research has almost exclusively investigated NVT dynamics at later stages, once the NVT is established, has successfully created the venture and begun capturing value from an opportunity they have capitalized on. The purpose of this paper is to fill this void by investigating NVT behavioral dynamics throughout the nascent stages of the entrepreneurial process–from initial venture idea generation, to venture opportunity development, and ultimately action to exploit that opportunity. We conduct multiple longitudinal case studies and observations of NVTs in the food service and fintech industries as the teams progress through the nascent stages of the entrepreneurial process. Bridging three formerly disparate constructs of shared cognition, TEP, and TEC, through the lens of construal-level theory, a conceptual model - of the coherence process of NVTs is developed. Construal levels accounts for the coherence of a NVT towards shared cognition, TEP and TEC and explain how and why differences in these constructs drive varying perceptions and ultimately team behavior and performance. Case study observations illustrate our theory that differences in construal level create conflict in entrepreneurial behavior which hinders NVT performance while congruency in construal level enables NVT coherence and performance. Through construal levels, this research offers novel insights into drivers of abstract, thinking and planning-type behaviors versus concrete, doing-type behaviors. This could inform the management of distinct behavioral approaches in an NVT context. Business incubators, NVTs and various entrepreneurial support programs can empirically test and use this model to understand when and how Shared Cognition, TEP and TEC develop and interact between a NVT’s members to impact team-level behaviors and outcomes.

Comparisons of entrepreneurial passion’s structure and its antecedents: latent profile analyses in China and South Korea

How to motivate entrepreneurial passion is an essential issue in entrepreneurship research. Although individual factors have been tested, national-level factors are overlooked. This study focuses on the national entrepreneurial environments in China and South Korea and employs a person-centred approach to identify the different types of entrepreneurs according to their passion level and structure and determine how entrepreneurial environments link to various profiles of entrepreneurial passion. The results showed that although non-passionate and explorative entrepreneurs exist in China and South Korea, expansive and mature entrepreneurs are unique in China, while conservative and growing entrepreneurs are unique to South Korea. To enhance entrepreneurial passion, the Chinese government should improve entrepreneurship education and training, and the South Korean government should provide better entrepreneurship policies and socioeconomic conditions.

Employment Prospects of Graduates From Sino-Foreign Cooperative Universities in China

This article aims to examine the employment prospects of graduates from Sino-foreign cooperative universities (SFCUs) compared with those from local Chinese universities. Drawing on the annual employment quality reports released by six SFCUs, the findings indicated that SFCU graduates had distinct advantages in terms of both further study and direct employment. Specifically, the overall employment rate reached 95.84%; over half of the graduates pursued further study abroad in world-class foreign universities, close to one-third continued further studies in elite domestic universities, and one-sixth were employed by transnational or local large organizations. These results suggest that SFCU graduates were equipped with distinct competitive advantages for employment, further supported by an affluent family background and the high-quality requirement for admission. Meanwhile, the findings also raise concerns about brain drain, economic flows, overeducation, reduced entrepreneurial passion, and unemployment dilemma for graduates from lesser known SFCUs.

Entrepreneurial passion for founding as a mediator of the career anchors to entrepreneurial behavior relationship

Due to its importance in economic growth, interest in entrepreneurial behavior (EB) is expanding swiftly.in this study, we examine the role of career anchors in predicting entrepreneurial behavior as well as the mediation role of entrepreneurial passion for founding (EPF) in this relationship. Build on Schein's, Career dynamics: Matching individual and organizational needs, 1978 and Schein's, Career anchors: Discovering your real values, 1990 career anchor theory we propose that (Technical, General managerial, Autonomy, Entrepreneurial Creativity, Pure challenge and Sense of Service) anchors relate positively to the EPF and this passion positively mediates the relationship between these types of anchors and EB. on the other hand, we propose that lifestyle anchor (LSA), as well as security anchors (SA) negatively, relate to EPF negatively mediates the relationship between LSA, SA and EB build on data collected from 444 potential entrepreneurs by using a dependable questionnaire; we found support for our hypotheses, for example, we found that people with entrepreneurial creativity anchor tend to have higher EPF which motivates them to engage in entrepreneurial activities, On the other hand, people with a lifestyle anchor tend to care more about their families and careers balance which affects their EPF and subsequently EB. These findings significantly contribute to EB and career anchors literature. The implications of this study are discussed.

Self-efficacy mediates the relationship between entrepreneurial passion and entrepreneurial behavior among Master of Business Administration students

Passion as a central characteristic of entrepreneurs has gained credence in explaining entrepreneurial behaviors, yet there is still a lack of knowledge about the mechanisms that explain the effect of entrepreneurial passion. I extended the growing body of research on the entrepreneurial passion–entrepreneurial behavior relationship by focusing on the mediating role of self-efficacy. To test my hypotheses I used structural equation modeling to analyze data obtained from surveys completed by 307 Master of Business Administration students from 6 Chinese universities. Results show that the effect of entrepreneurial passion on entrepreneurial behavior was fully mediated by self-efficacy. This finding sheds light on the role of self-efficacy in transmitting the impact of entrepreneurial passion on entrepreneurial behavior, providing valuable evidence on how to promote entrepreneurial behavior. Limitations and directions for future research are presented.

Passion-driven entrepreneurship in small and medium-sized towns: empirical evidence from Italy

Purpose This paper aims to examine the emergence of passion-driven entrepreneurship within the context of small and medium-sized towns (SMSTs). SMSTs are seen as peripheral areas lacking the resources to support autonomous economic development and renewal. The paper explores the relationship between entrepreneurship and the context of SMSTs through the concepts of entrepreneurial passion (EP) and domain passion (DP). Industrial marketing and purchasing approach is adopted as a theoretical foundation to conduct the analysis through the actors–activities–resource framework. Design/methodology/approach This paper adopts a multiple case-study methodology. Two passion-driven entrepreneurial ventures (PDEVs) have been traced from the conception of the initial idea until the new ventures establishment. Findings EP and DP emerge as key resources in transforming the initial idea into a real entrepreneurial venture in resource-scarce settings as SMSTs. Shared passion fosters the involvement of local actors and the propensity to overcome relevant hurdles in the entrepreneurial process. Originality/value This paper contributes to the literature on entrepreneurship through the analysis of the role of PDEVs in SMSTs’ contexts. It highlights the role of “passion for place” as a new dimension of passion in entrepreneurial studies. From a managerial perspective, it emphasizes the role of passion as a key resource for networking and marketing. From a policy perspective, it calls for monitoring and support for training, funding and networking.

The Magnetic Value of Entrepreneurial Passion for Potential Employees

When new ventures tap into the labor market, they must battle with more established companies to recruit top human capital. We examine how an attribute known to influence new venture funders, entrepreneurial passion, also contributes to the ability of the firm to recruit employees. Through conjoint analysis of potential employee ratings of the attractiveness of working at a new venture, we demonstrate the importance of perceived passion of founders to potential employees. We show that a founder’s perceived passion for their product and for growth can enhance employer attractiveness when founders are perceived to have high human capital, but more importantly, can also compensate for founders with limited human capital. When considered together, perceived passion for product or passion for growth can compensate for low human capital of founders in attracting employees to new ventures.