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The obsessive and harmonious nature of entrepreneurial passion

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TLDR
In this article, the authors examine the nature of entrepreneurial passion and explore the relationship between harmonious and obsessive passion (OP) and resilience, and find that both types of passions are important to individual level resilience.
Abstract
Purpose The purpose of this paper is to examine the nature of entrepreneurial passion and in doing so explores the relationship between harmonious and obsessive passion (OP) and resilience. A pathway between passion and entrepreneurial success (ES) that is mediated by sustained entrepreneurial commitment (SEC) and resilience is tested. Design/methodology/approach An online questionnaire survey was completed by (n=215) Australian entrepreneurs. Results were based on structural equation modelling analysis. Findings Harmonious passion contributes directly and indirectly to perceptions of ES through resilience; OP contributes to SEC which contributes to success through resilience. Research limitations/implications Limitations stem from the survey methodology used. Implications for incorporating harmonious and OP into training to ensure well developed entrepreneurs are raised. Originality/value This study is one of the few studies to test the theoretical constructs of passion and resilience in the entrepreneurship context, and seemingly the first to do so on an Australian sample of entrepreneurs. This research finds that both types of passion are important to individual level resilience and ultimately to ES. An OP for one’s venture is an important contributor to persisting with the venture.

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Entrepreneurial passion: A Review, synthesis, and agenda for future research

TL;DR: A comprehensive and critical review of the body of empirical work on entrepreneurial passion can be found in this paper, where the authors provide an overview over theories used, definitions and measurements adopted, research methods utilized (e.g., qualitative vs. quantitative, survey-based vs. experimental/intervention), the thematic focus of studies, and unit of investigation, and highlight how insights from the entrepreneurial passion literature can inform scholarship on passion more broadly.
Journal ArticleDOI

Psychological resilience of entrepreneurs: A review and agenda for future research

TL;DR: In this article , the authors systematically review the empirical literature to provide insights on how it has been conceptualized and operationalized, along with its key antecedents and outcomes, and advance a promising agenda for future research, grounded in connecting the psychological resilience of entrepreneurs to other research areas connected to the new venture development process.
Journal ArticleDOI

Understanding the emergence of entrepreneurial passion: The influence of perceived emotional support and competences

TL;DR: In this article, the authors investigated whether entrepreneurial passion emerges out of socialisation, entrepreneurial experience or various combinations thereof, and found that within a social environment, perceived emotional support is positively associated with entrepreneurial passion.
Journal ArticleDOI

Entrepreneurial passion amongst female athletes

TL;DR: An increasing number of female athletes are becoming sport entrepreneurs in order to utilize their prior sport experience in a business setting as discussed by the authors, and the role of sport experiences in sport entrepreneurship is discussed.
References
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Cutoff criteria for fit indexes in covariance structure analysis : Conventional criteria versus new alternatives

TL;DR: In this article, the adequacy of the conventional cutoff criteria and several new alternatives for various fit indexes used to evaluate model fit in practice were examined, and the results suggest that, for the ML method, a cutoff value close to.95 for TLI, BL89, CFI, RNI, and G...
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Evaluating Structural Equation Models with Unobservable Variables and Measurement Error

TL;DR: In this paper, the statistical tests used in the analysis of structural equation models with unobservable variables and measurement error are examined, and a drawback of the commonly applied chi square test, in additit...
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The Promise of Entrepreneurship as a Field of Research

TL;DR: In this article, the authors draw upon previous research conducted in the different social science disciplines and applied fields of business to create a conceptual framework for the field of entrepreneurship, and predict a set of outcomes not explained or predicted by conceptual frameworks already in existence in other fields.
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Conservation of resources. A new attempt at conceptualizing stress.

TL;DR: A new stress model called the model of conservation of resources is presented, based on the supposition that people strive to retain, project, and build resources and that what is threatening to them is the potential or actual loss of these valued resources.
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The role of positive emotions in positive psychology. The broaden-and-build theory of positive emotions.

TL;DR: The theory and findings suggest that the capacity to experience positive emotions may be a fundamental human strength central to the study of human flourishing.
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Design/methodology/approach An online questionnaire survey was completed by (n=215) Australian entrepreneurs.