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Entrepreneurial passion: a theoretical framework for the study of emotion in entrepreneurship
Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Innovation and Design.ORCID iD: 0000-0002-8770-8874
2004 (English)In: Frontiers of Entrepreneurship Research 2004: Proceedings of the Twenty-Fourth Annual Entrepreneurship Research Conference / [ed] Shaker A. Zahra, Babson College Center , 2004Conference paper, Published paper (Refereed)
Abstract [en]

Principal TopicPassion has long been recognized as a central component of entrepreneurial motivation and success. Yet surprising little systematic theoretical or empirical work exists concerning the notion of passion and its influence on entrepreneurial activities. Passion has been viewed as both cognitive and emotional, as both a trait and a state, and many scholars do not distinguish between passion as an emotion and the consequences of such passion, such as working longer hours. Thus there is great lack of clarity in defining exactly what passion is, what it feels like, and its role in entrepreneurship.We build a conceptual model of emotion in entrepreneurship, drawing from a strong foundation in the psychological and sociological literatures. In this model, we separate the experience of emotion from the outcomes of such emotional experiences, and distinguish between the distal outcome of entrepreneurial effectiveness, which involves attainment of venture and individual goals, and the drivers of such effectiveness, including problem-solving, persistence, and absorption, which are behaviors that directly result from emotional experiences. Third, we distinguish between situation-specific and more enduring emotional experiences, and suggest that both sets of emotions impact entrepreneurial outcomes. For both episodic and enduring emotions, individuals have certain stable emotional tendencies (core affect), ventures have the ability to engender specific emotions due to their specific nature (affective qualities), and both of these combine to create the subconscious (attributed affect) and conscious (emotional meta-experience) emotional experiences. Since the current emotional state may differ from the more enduring state, this potential discrepancy between them is modeled. If such a discrepancy exists, the tension between the episodic emotional experience and the enduring one must be managed by the entrepreneur, through the process of emotional regulation.Results and ImplicationsBy developing the theoretical foundation for emotional influence in this domain, we enrich theory on entrepreneurial passion and provide concrete guidelines to spur entrepreneurial effectiveness. In particular we suggest how incorporating entrepreneurial emotion in models of entrepreneurship will shed light on how to better prepare nascent and early-stage entrepreneurs for the challenges that lie ahead of them, and how to enhance their own persistence and effectiveness.

Place, publisher, year, edition, pages
Babson College Center , 2004.
National Category
Other Engineering and Technologies not elsewhere specified
Research subject
Entrepreneurship and Innovation
Identifiers
URN: urn:nbn:se:ltu:diva-31811Local ID: 61ae2090-2582-11dc-b6d3-000ea68e967bOAI: oai:DiVA.org:ltu-31811DiVA, id: diva2:1005045
Conference
Annual Entrepreneurship Research Conference : 02/06/2004 - 06/06/2004
Note
Godkänd; 2004; 20070628 (ysko)Available from: 2016-09-30 Created: 2016-09-30 Last updated: 2017-11-25Bibliographically approved

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Wincent, Joakim

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