Perspiration and inspiration: Grit and innovativeness as antecedents of entrepreneurial success

Mooradian, Todd A.; Matzler, Kurt; Uzelac, Borislav; Bauer, Florian

doi:10.1016/j.joep.2016.08.001

Cited by 84 publications

(79 citation statements)

References 78 publications

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“…They do not possess necessary information on profitability, sales growth, market share, and cash flow. All in all, even though there are numerous ways that past scholars defined success, financial and non-financial attributes are the main dimensions to measure success (Zulkifli & Rosli, 2013;Mooradian, Matzler, Uzelac, & Bauer, 2016). This study employs bothfinancial and non-financial measurement to evaluate the start-up success.…”

Section: Literature Reviewmentioning

confidence: 99%

Analyzing entrepreneurial orientation impact on start-up success with support service as moderator: A PLS-SEM approach

Kee¹,

Rahman²

2017

BEH

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This paper examines the Start-up Success of Spin-off and Symbiosis Company (SSC) using Entrepreneurial Orientation (EO) and Support Service. Notwithstanding the extensive study on start-up firms and Support Service, there is a missing link on how EO impacts Start-up Success, particularly in Malaysia case study. To address such limitation, this paper proposed that Start-up Success of SSC will be improved by EO and Support Service. A total of 120 SSC in Peninsular Malaysia were employed as respondents and data were analyzed using PLS-SEM analysis. The empirical results showed that EO is positively related to Start-up Success and intensify the potentials of Support Service as a moderator. As most of the related literature highlights the importance of Support Service, this study brings new perspectives on how EO is also significant in improving the Start-up Success. In addition, the critical discussion provided in this paper is expected to contribute to the body of knowledge on entrepreneurship studies and act as a future reference on the EO, support service, and SSC. JEL Classifications: L26, M13

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Section: Literature Reviewmentioning

confidence: 99%

Analyzing entrepreneurial orientation impact on start-up success with support service as moderator: A PLS-SEM approach

Kee¹,

Rahman²

2017

BEH

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“…Therefore, those resilient serial entrepreneurs who are able to bounce back from past negative entrepreneurial experiences are potentially better with their subsequent ventures (Cartwright & Cooper, ). Serial entrepreneurs have been found to have superior subsequent performances in terms of employment (van Praag & Cramer, ), economic value (Parker, ), opportunity recognition (Ucbasaran, Westhead, & Wright, ), creativity (Weinberger, Wach, Stephan, & Wegge, ), and innovativeness (Mooradian, Matzler, Uzelac, & Bauer, ; Ucbasaran et al, ); but the importance of past entrepreneurial experience for the international orientation of subsequent ventures has yet to be fully addressed, and particularly for those resilient serial entrepreneurs with negative past entrepreneurial experience. International entrepreneurial venturing is considered as an act to discover, evaluate, and exploit opportunities in global markets in order to present new and innovative products or services (Oviatt & McDougall, ).…”

Section: Introductionmentioning

confidence: 99%

Bouncing Back from Failure: Entrepreneurial Resilience and the Internationalisation of Subsequent Ventures Created by Serial Entrepreneurs

et al. 2018

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This paper examines the impact over international propensity of past negative entrepreneurial experience for those who re-enter into entrepreneurial activity; referred to as resilient serial entrepreneurs. We first hypothesise on the effects over entrepreneurial re-entry that such negative past experience may have and highlight the link between the past entrepreneurial experience of resilient entrepreneurs and their subsequent propensity towards international markets. Building on insights from the generative experiential learning process of entrepreneurial activity and from cognition theories, we propose that resilient entrepreneurs who re-enter business despite having faced negative entrepreneurial experiences in the past benefit from enriched cognitive schemas leading them to greater export propensity. The proposed hypotheses are tested on a unique sample drawn from a Spanish adult population survey. Results from the sequential deductive triangulation analysis reveal that practical experience is an essential prerequisite for entrepreneurial learning, and that the resilience of those with negative entrepreneurial experience induces the generative entrepreneurial learning especially suitable for subsequent internationally oriented ventures.

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“…Fourth, it has to be recognized that entrepreneurial success comes in many forms and that there are multiple pathways to success, and various combinations of personality traits, as well as additional features that not discussed here, including an internal locus of control (Daft 2015;Kerr et al 2019), realism, flexibility, and passion. Fifth, while there have been other personality models of entrepreneurial success such as the Big Five (openness, conscientiousness, extraversion, agreeableness, and neuroticisms), results testing this model have not been consistent (Baron et al 2007;Mooradian et al 2016). It remains to be seen whether the three Cs model proposed here has greater explanatory power than alternative personality models.…”

Section: Conclusion Future Directions and Implicationsmentioning

confidence: 76%

“…Cross-cultural validation for the link between grit and entrepreneurial success comes from entrepreneurs belonging to 281 midsize Austrian firms. Mooradian et al (2016) evaluated entrepreneurial success (growth, profitability, and competitive position) alongside grit and innovativeness. After controlling for potential confounds (age, gender, and size of company), entrepreneurs with higher grit scores (perseverance and consistency) were found to have businesses which were more successful.…”

Section: Commitmentmentioning

confidence: 99%

Three keys to entrepreneurial success: curiosity, creativity, and commitment

Raine

Pandya

2019

Entrep Educ

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Why are some entrepreneurs more successful than others? This question is foundational to entrepreneurial education but answers remain elusive. It is argued here that three Cs in part hold the key: curiosity, creativity, and commitment. The world's most successful entrepreneurs are curious about improving society, they are creative in developing innovative ideas, and they are committed to their task. This commentary develops an initial model of how basic personality traits lead to these three core characteristics which in turn can help lay the foundation for entrepreneurial success. Theoretical perspectives and empirical findings are integrated to provide proof of concept for this entrepreneurial model. Educational programs that can enhance curiosity, creativity, and commitment in the context of business learning and practice are outlined. Limitations in the degree of support for this model are outlined, together with directions for future research. A major gap in our understanding of entrepreneurial success which needs to be addressed consists of the need for experimental research to demonstrate causality in both research and educational contexts. From an educational standpoint, development of training programs to operationalize success by enhancing these core characteristics will be critical for developing a new cadre of successful entrepreneurs.

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Perspiration and inspiration: Grit and innovativeness as antecedents of entrepreneurial success

Cited by 84 publications

References 78 publications

Analyzing entrepreneurial orientation impact on start-up success with support service as moderator: A PLS-SEM approach

Analyzing entrepreneurial orientation impact on start-up success with support service as moderator: A PLS-SEM approach

Bouncing Back from Failure: Entrepreneurial Resilience and the Internationalisation of Subsequent Ventures Created by Serial Entrepreneurs

Three keys to entrepreneurial success: curiosity, creativity, and commitment

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