Advancing the Psychology of Entrepreneurship: A Review of the Psychological Literature and an Introduction

Gorgievski, Marjan J.; Stephan, Ute

doi:10.1111/apps.12073

Cited by 169 publications

(136 citation statements)

References 195 publications

Supporting

Mentioning

120

Contrasting

Unclassified

Order By: Relevance

“…Third, our study contributes to the entrepreneurship literature on effectuation from a psychological perspective (Gorgievski & Stephan, ). Specifically, our study joins the recent psychological micro‐foundational movements on organisation and management studies (Liu et al, ) by suggesting resilience as a micro‐foundation for effectuation theory in the context of entrepreneurs dealing with risk.…”

Section: Discussionmentioning

confidence: 80%

Contextualising Risk and Building Resilience: Returnees Versus Local Entrepreneurs in China

Liu

2019

Applied Psychology

View full text Add to dashboard Cite

Risk is a pivotal concept in entrepreneurship research, as entrepreneurs constantly face uncertainty, ambiguity, setbacks, and stressful situations. Attitudes toward risk vary contingent upon individual risk preferences and cultural influences. Building resilience is critical for entrepreneurs to overcome obstacles, deal with risk, and grow their ventures. By juxtaposing effectuation theory and resilience literature, we compare the perceptions of risk held by Chinese returnees and local entrepreneurs and their coping strategies in building resilience. Our research reveals two types of coping approaches, namely effectual coping and causal coping. This study contributes to the comparative international entrepreneurship literature by contextualising the notion of risk held by entrepreneurs influenced by Eastern and Western cultures. Our study further contributes to the nascent literature on resilience in organisations by specifying the entrepreneurial occupational context and exploring the influence of cultures on resilience, and by identifying distinctive resilience‐building coping strategies based upon cultural influences and interpretations of risk. Furthermore, we suggest that resilience can constitute one micro‐foundation of effectuation theory in the context of entrepreneurship dealing with risk.

show abstract

Section: Discussionmentioning

confidence: 80%

Contextualising Risk and Building Resilience: Returnees Versus Local Entrepreneurs in China

Liu

2019

Applied Psychology

View full text Add to dashboard Cite

show abstract

“…Positive affect that strengthens persistence was found to mitigate the negative impact of stress on the physical health of the entrepreneurs. A positive relationship between MWB and firm performance has been noted (Gorgievski et al 2010;Gorgievski and Stephan 2016).…”

Section: Entrepreneur Mental Health and Well-beingmentioning

confidence: 93%

The prevalence and co-occurrence of psychiatric conditions among entrepreneurs and their families

et al. 2018

View full text Add to dashboard Cite

Psychiatric conditions and sub-threshold psychiatric temperaments may influence entrepreneurs' affect, cognition, energy, motivation, circadian rhythms, activity levels, self-concept, creativity, and interpersonal behaviors in ways that influence business outcomes. We used a self-report survey to examine the prevalence and co-occurrence of five psychiatric conditions among 242 entrepreneurs and 93 comparison participants. Mental health differences directly or indirectly affected 72% of the entrepreneurs in this sample, including those with a personal mental health history (49%) and family mental health history among the asymptomatic entrepreneurs (23%). Entrepreneurs reported experiencing more depression (30%), ADHD (29%), substance use (12%), and bipolar disorder (11%) than comparison participants. Furthermore, 32% of the entrepreneurs reported having two or more mental health conditions, while 18% reported having three or more mental health conditions. Asymptomatic entrepreneurs (having no mental health issues) with asymptomatic families constituted only 24% of the entrepreneur participants. Entrepreneurs' psychiatric issues can affect their functioning and that of their ventures. Therefore, integrating knowledge about psychiatric conditions with research on personality traits can broaden the understanding of how mental healthrelated traits, states, and family history can influence entrepreneurial outcomes. We discuss methodological limitations as well as implications of our findings for entrepreneurship research and practice.

show abstract

“…The individual characteristics that make an entrepreneur have been a matter of significant interest in both research (Shane 2003;Parker 2009;Gorgievski and Stephan 2016) and popular press (The Economist 2012). Studies have shown that individuals who engage in entrepreneurship score high in an array of characteristics such as energy level, persistence (Neider 1987), selfefficacy, openness to new experience, need for achievement, entrepreneurial orientation (characterized by autonomy, innovativeness, risk-taking, proactivity, and competitive aggressiveness) (Frese and Gielnik 2014), and psychological resilience (Markman and Baron 2003).…”

Section: Introductionmentioning

confidence: 99%

Attention-deficit/hyperactivity disorder (ADHD) symptoms and academic entrepreneurial preference: is there an association?

et al. 2018

View full text Add to dashboard Cite

Although commercialization of research activities has drawn some research attention, more studies are warranted to clearly understand the drivers behind academic entrepreneurship. The present paper investigates the association between attention-deficit/hyperactivity disorder (ADHD) symptoms and academic entrepreneurial preference. ADHD symptoms have typically been associated with impaired occupational functioning among wage employees. Recent studies, however, indicate that the same symptoms of ADHD that are a liability for wage employees may work out differently for entrepreneurs. Building on previous studies that link ADHD symptoms to entrepreneurship, and using the theoretical lens of person-environment fit, we hypothesize that ADHD symptoms (at the so-called subclinical level) are associated with academic entrepreneurial preference. Results of our data from academic researchers in France, Spain, and Italy (N = 534) show that there is a negative association between attention-deficit symptoms and academic entrepreneurial preference. However, there is no link between hyperactivity symptoms and academic entrepreneurial preference.

show abstract

Advancing the Psychology of Entrepreneurship: A Review of the Psychological Literature and an Introduction

Cited by 169 publications

References 195 publications

Contextualising Risk and Building Resilience: Returnees Versus Local Entrepreneurs in China

Contextualising Risk and Building Resilience: Returnees Versus Local Entrepreneurs in China

The prevalence and co-occurrence of psychiatric conditions among entrepreneurs and their families

Attention-deficit/hyperactivity disorder (ADHD) symptoms and academic entrepreneurial preference: is there an association?

Contact Info

Product

Resources

About