Work

What Makes Entrepreneurs Happy? Determinants of Satisfaction Among Founders

Year: 2011

Type: article

Abstract: This study empirically investigates factors influencing satisfaction levels of founders of new ventures, using a representative sample of 1,107 Dutch founders. We relate entrepreneurial satisfaction (with income, psychological burden and leisure time) to firm performance, motivation and human capital. Founders with high levels of specific human capital are more satisfied with income than those with high levels of general human capital. Intrinsic motivation and that of combining responsibilities lowers stress and leads to more satisfaction with leisure time. Women are more satisfied with their income than men, even though they have a lower average monthly turnover.

Source: Journal of Happiness Studies

DOI: 10.1007/s10902-011-9269-3

Authors: Martin A. Carree, Ingrid Verheul

Institutions: Maastricht University, Erasmus University Rotterdam

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: hybrid

Estimated APC paid: $3,490