ENTREPRENEURS' OPTIMISM AND NEW VENTURE PERFORMANCE: A SOCIAL COGNITIVE PERSPECTIVE

被引:548
|
作者
Hmieleski, Keith M. [1 ]
Baron, Robert A. [2 ]
机构
[1] Texas Christian Univ, MJ Neeley Sch Business, Ft Worth, TX 76129 USA
[2] Rensselaer Polytech Inst, Troy, NY 12181 USA
来源
ACADEMY OF MANAGEMENT JOURNAL | 2009年 / 52卷 / 03期
关键词
SELF-EFFICACY; OPPORTUNITY RECOGNITION; POSITIVE EMOTIONS; DETERMINANTS; INFORMATION; EXPERIENCE; MANAGEMENT; BEHAVIOR; MODEL; PERSEVERANCE;
D O I
10.5465/AMJ.2009.41330755
中图分类号
F [经济];
学科分类号
02 ;
摘要
Previous research indicates that entrepreneurs are generally high in dispositional optimism-the tendency to expect positive outcomes even when such expectations are not rationally justified. Findings of the current study demonstrate a negative relationship between entrepreneurs' optimism and the performance (revenue and employment growth) of their new ventures. Past experience creating ventures and industry dynamism moderated these effects, strengthening the negative relationship between entrepreneurs' optimism and venture performance. These findings illustrate the benefits of applying a social cognitive perspective toward efforts to understand key aspects of the new venture creation and development process.
引用
收藏
页码:473 / 488
页数:16
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