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The Relationship Between Entrepreneur Psychological Capital and New Venture Performance

Year: 2008

Type: preprint

Abstract: The current study investigated the relationship between the psychological capital of entrepreneurs and the performance of their new ventures (i.e., revenue and employment growth). Entrepreneurs' psychological capital was found to explain a significant amount of variance in new venture performance, above and beyond measures of financial capital, human capital and social capital. Further, the relationship between psychological capital and new venture performance was found to be enhanced by environmental dynamism, such that the relationship is most positive when dynamism is high, as opposed to low.

Source: SSRN Electronic Journal

Authors: Keith M. Hmieleski, Jon C. Carr

Institutions: Texas Christian University, University of Southern Mississippi, Babson College

Language: English

Topic: Entrepreneurship Studies and Influences

Subfield: Management of Technology and Innovation

Field: Business, Management and Accounting

Domain: Social Sciences

SDG: Decent work and economic growth

Open Access status: green

OpenAlex ID: W1592314009

Cites: 31

Cited by: 57

Related to: 10