The Formation of Subsequent Entrepreneurial Intention: Happiness Matters

Subsequent entrepreneurial intention is a good predictor of serial entrepreneurial endeavors which facilitate the sustainability of economic growth. Previous research has investigated the influence of economic outcomes on continuous engagement in entrepreneurial activities. However, despite frequent...

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Autores principales:	Jia Bao, Junsheng Dou
Formato:	article
Lenguaje:	EN
Publicado:	MDPI AG 2021
Materias:	subsequent entrepreneurial intention happiness family cohesion Environmental effects of industries and plants TD194-195 Renewable energy sources TJ807-830 Environmental sciences GE1-350
Acceso en línea:	https://doaj.org/article/e15d7f93f28847c38528734eb0728b7d
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spelling	oai:doaj.org-article:e15d7f93f28847c38528734eb0728b7d2021-11-11T19:51:29ZThe Formation of Subsequent Entrepreneurial Intention: Happiness Matters10.3390/su1321123232071-1050https://doaj.org/article/e15d7f93f28847c38528734eb0728b7d2021-11-01T00:00:00Zhttps://www.mdpi.com/2071-1050/13/21/12323https://doaj.org/toc/2071-1050Subsequent entrepreneurial intention is a good predictor of serial entrepreneurial endeavors which facilitate the sustainability of economic growth. Previous research has investigated the influence of economic outcomes on continuous engagement in entrepreneurial activities. However, despite frequent calls by scholars, limited attention has been given to the psychological factors that could explain how economic performance influences intention. This study aims at answering some of these questions, including whether entrepreneurs are willing to continue creating new ventures after achieving positive economic feedback from their current business, and what the psychological drivers are behind such intentions. Borrowing insights from the field of positive psychology, this study develops a framework to understand the role of the performance of a firm and happiness in the subsequent intention formation process, testing the mediated moderation effect using data collected from 1019 entrepreneurs in China. The results show that current firm performance significantly enhances subsequent entrepreneurial intention, while the relationship is mediated by the happiness of the entrepreneurs. Family cohesion attenuates the influence of firm performance on happiness, which shows that for entrepreneurs, family issues play an important role in their mental state. The theoretical and practical implications of the framework are also discussed.Jia BaoJunsheng DouMDPI AGarticlesubsequent entrepreneurial intentionhappinessfamily cohesionEnvironmental effects of industries and plantsTD194-195Renewable energy sourcesTJ807-830Environmental sciencesGE1-350ENSustainability, Vol 13, Iss 12323, p 12323 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	subsequent entrepreneurial intention happiness family cohesion Environmental effects of industries and plants TD194-195 Renewable energy sources TJ807-830 Environmental sciences GE1-350
spellingShingle	subsequent entrepreneurial intention happiness family cohesion Environmental effects of industries and plants TD194-195 Renewable energy sources TJ807-830 Environmental sciences GE1-350 Jia Bao Junsheng Dou The Formation of Subsequent Entrepreneurial Intention: Happiness Matters
description	Subsequent entrepreneurial intention is a good predictor of serial entrepreneurial endeavors which facilitate the sustainability of economic growth. Previous research has investigated the influence of economic outcomes on continuous engagement in entrepreneurial activities. However, despite frequent calls by scholars, limited attention has been given to the psychological factors that could explain how economic performance influences intention. This study aims at answering some of these questions, including whether entrepreneurs are willing to continue creating new ventures after achieving positive economic feedback from their current business, and what the psychological drivers are behind such intentions. Borrowing insights from the field of positive psychology, this study develops a framework to understand the role of the performance of a firm and happiness in the subsequent intention formation process, testing the mediated moderation effect using data collected from 1019 entrepreneurs in China. The results show that current firm performance significantly enhances subsequent entrepreneurial intention, while the relationship is mediated by the happiness of the entrepreneurs. Family cohesion attenuates the influence of firm performance on happiness, which shows that for entrepreneurs, family issues play an important role in their mental state. The theoretical and practical implications of the framework are also discussed.
format	article
author	Jia Bao Junsheng Dou
author_facet	Jia Bao Junsheng Dou
author_sort	Jia Bao
title	The Formation of Subsequent Entrepreneurial Intention: Happiness Matters
title_short	The Formation of Subsequent Entrepreneurial Intention: Happiness Matters
title_full	The Formation of Subsequent Entrepreneurial Intention: Happiness Matters
title_fullStr	The Formation of Subsequent Entrepreneurial Intention: Happiness Matters
title_full_unstemmed	The Formation of Subsequent Entrepreneurial Intention: Happiness Matters
title_sort	formation of subsequent entrepreneurial intention: happiness matters
publisher	MDPI AG
publishDate	2021
url	https://doaj.org/article/e15d7f93f28847c38528734eb0728b7d
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The Formation of Subsequent Entrepreneurial Intention: Happiness Matters

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