A tale of passion: New insights into entrepreneurship from a parenthood metaphor

Cardon, Melissa S.; Zietsma, Charlene; Saparito, Patrick A.; Matherne, Brett P.; Davis, Christopher J.

doi:10.1016/j.jbusvent.2004.01.002

Cited by 494 publications

(476 citation statements)

References 61 publications

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“…Existing studies have less frequently acknowledged motivational constructs such as passion. In line with Cardon et al (2005), our findings indicate that using such variables may prove fruitful; this leads us to call for further research on this topic.…”

Section: Limitations and Further Researchsupporting

confidence: 81%

Risk perception matters: why women’s passion may not lead to a business start-up

Dalborg

Friedrichs

Wincent

2015

International Journal of Gender and Entrepreneurship

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If you would like to write for this, or any other Emerald publication, then please use our Emerald for Authors service information about how to choose which publication to write for and submission guidelines are available for all. Please visit www.emeraldinsight.com/authors for more information. About Emerald www.emeraldinsight.comEmerald is a global publisher linking research and practice to the benefit of society. The company manages a portfolio of more than 290 journals and over 2,350 books and book series volumes, as well as providing an extensive range of online products and additional customer resources and services.Emerald is both COUNTER 4 and TRANSFER compliant. The organization is a partner of the Committee on Publication Ethics (COPE) and also works with Portico and the LOCKSS initiative for digital archive preservation.*Related content and download information correct at time of download. Purpose -This paper aims to explore whether nascent women entrepreneurs perceive more risks than men, and to determine how higher risk perceptions might limit start-up decisions by mediating the potential influence of passion and self-efficacy. Design/methodology/approach -This study surveyed 103 participants in Sweden -both women and men -who, in the period 2008 through 2011, intended to start a business. ANOVA tests and binominal logistic regression models were conducted to test hypothesized framework. Findings -The authors found that nascent women entrepreneurs perceive more risk than nascent male entrepreneurs, that risk perceptions influence start-up decisions and that risk preferences partial out the otherwise identified influence of passion on start-up decisions.Research limitations/implications -The authors reveal a consequence of gender socialization and how it impacts the start-up decisions of nascent women entrepreneurs. Support systems should consider developing activities that change the public's perception of who is an entrepreneur and seek ways to balance risk perceptions between men and women. Originality/value -The authors argue here that risk perceptions play a prominent role in start-up decisions. Specifically, they consider that nascent women entrepreneurs perceive more risks than men, and that their view of risk partials out any potential influence of their perceived passion and self-efficacy on their start-up decision.

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Section: Limitations and Further Researchsupporting

confidence: 81%

Risk perception matters: why women’s passion may not lead to a business start-up

Dalborg

Friedrichs

Wincent

2015

International Journal of Gender and Entrepreneurship

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“…For example, failed entrepreneurs may well experience negative outcomes (already described) analogous to those endured by failed executives in the corporate context (Paetzold et al, 2008;Sutton and Callahan 1987;Wiesenfeld et al 2008). This seems especially likely since research shows that an entrepreneur's identity is closely intertwined with his/her venture (Cardon et al 2005). When failure happens, an entrepreneur may experience a negative spiral of shame (Smith and McElwee 2011) that can have numerous consequences.…”

Section: Background Literaturementioning

confidence: 99%

“…Moreover, self-stigmatization may shape failing entrepreneurs actions, in addition to social stigmatization, since venture founders intertwine their identities with venture outcomes (Cardon et al 2005) and see their businesses as extensions of themselves (Shepherd et al, 2009). …”

Section: Introductionmentioning

confidence: 99%

Failed, not finished: A narrative approach to understanding venture failure stigmatization

Singh

Corner

Pavlovich

2015

Journal of Business Venturing

180

169

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This paper implements a qualitative, narrative approach to investigate entrepreneurs' personal experience of stigma associated with venture failure. Findings draw on the lived experience of 12 entrepreneurs and tell a collective story of how stigma affects entrepreneurs, shapes their actions, and engenders outcomes for them and their ventures. The story covers three episodes of entrepreneurs anticipating, meeting, and then transforming venture failure. Overall the paper shifts the focus of stigma research from the socio-cultural perspective pervading research to date, to micro level processes underlying socio-cultural trends. Findings offer unexpected insights into failure stigmatization. First, findings suggest stigmatization is best viewed as a process that unfolds over time rather than a label. Second, this process begins before, not after, failure and contributes to venture demise. Third, there is a positive ending to the collective story in that stigmatization ultimately triggers epiphanies or deep personal insights which transform entrepreneurs' view of failure from a very negative to a positive life experience. This transformation results in entrepreneurs distributing learning from failure to the founding of future ventures, even when ventures are not their own.

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“…These emotions could be negative-such as anxiety (Reiss, 1991;Taylor, 2014), guilt (Block, 2005), and anticipatory grief (Shepherd, Wiklund, & Haynie, 2009)-and/ or positive-such as passion (Cardon, Wincent, Singh, & Drnovsek, 2009;Cardon, Zietsma, Saparito, Matherne, & Davis, 2005), excitement (Klaukien, Shepherd & Patzelt, 2013), and satisfaction (Breugst & Shepherd, 2017;Gimeno, Folta, Cooper, & Woo, 1997). As with the cognitive perspective, scholars can build on emotion research at the individual and team level to better understand the role of collective emotion in the selection and use of stage gates in the termination or progression of entrepreneurial projects through the innovation process.…”

Section: Emotions and The Stage-gate Processmentioning

confidence: 99%

“…Furthermore, the payoffs of entrepreneurial action vary and include financial costs and benefits as well as non-financial motivational and emotional payoffs. For instance, many entrepreneurs are motivated by independence (McMullen, Bagby, & Palich, 2008), passion (Cardon et al, 2005), and the need for achievement (Shane, Locke, & Collins, 2003), all of which are challenging to quantitatively evaluate. In addition, sustainable and social entrepreneurs frequently have strong environmental and altruistic motivations (Mair & Marti, 2006;Miller, Grimes, McMullen, & Vogus, 2012;Patzelt & Shepherd, 2010;Peredo & Chrisman, 2006), which are, again, challenging to operationalize in quantitative terms.…”

Section: Operations Management Of Opportunity Identification and Evalmentioning

confidence: 99%

Researching at the Intersection of Innovation, Operations Management, and Entrepreneurship

Shepherd

Patzelt

2017

Trailblazing in Entrepreneurship

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A tale of passion: New insights into entrepreneurship from a parenthood metaphor

Cited by 494 publications

References 61 publications

Risk perception matters: why women’s passion may not lead to a business start-up

Risk perception matters: why women’s passion may not lead to a business start-up

Failed, not finished: A narrative approach to understanding venture failure stigmatization

Researching at the Intersection of Innovation, Operations Management, and Entrepreneurship

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