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Psychological Determinants of Entrepreneurial Success and Life-Satisfaction

Year: 2016

Type: article

Abstract: The presented study focused on different stages of the entrepreneurial process. The first group comprised those starting a new business and the second group those who have been through the whole process of creating a new business and have now been operating in the market. The general aim of the article was to examine the relationship between action orientation, hope, goal commitment, entrepreneurial success, and life satisfaction, and to determine the role of psychological characteristics (hope, action orientation) in the entrepreneurial process. The hypotheses were tested on a sample of 344 potential entrepreneurs in the prelaunch stage and 127 actual entrepreneurs in the post-launch stage. To analyze these relationships, multiple-group analysis was conducted.

Source: Current Psychology

DOI: 10.1007/s12144-016-9419-1

Author: Aneta M. Przepiorka

Institution: John Paul II Catholic University of Lublin

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: $3,390