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Creative Entrepreneurs’ Well-Being, Opportunity Recognition and Absorptive Capacity: Self-Determination Theory Perspective

Author

Listed:
  • Chen Ming-Huei

    (Asia University, Department of Business Administration, 500 Lioufeng Rd., Wufeng Dist., Taichung City 41354, Taiwan)

  • Tseng Min

    (National Chung Hsing University, Graduate Institute of Technology Management, 145 Xingda Rd., Taichung 402, Taiwan)

  • Teng Min-Jun

    (National Tsing Hua University, Institute of Technology Management, 101, Section 2, Kuang-Fu Road, Hsinchu 300, Taiwan)

Abstract

Recognizing the right opportunities is a key capability in the entrepreneurial process, and creative entrepreneurs’ well-being at work can strengthen their inherent motivation to absorb external knowledge for desirable outcomes. Well-being at work is pleasant judgments of positive attitudes or pleasant experiences, but previous research mainly regarded well-being as an outcome variable. Therefore, this study considers the role of well-being as a mediator conceptualized in physical, psychological, and social well-being dimensions in the opportunity recognition process. Based upon the self-determination theory, this study examines how creative entrepreneurs’ motivation, including creative thinking, self-efficacy, and relatedness, influences their well-being and further affects opportunity recognition. Results from a sample of 234 creative entrepreneurs in Taiwan show that well-being positively mediates the effect of relatedness on opportunity recognition capabilities and absorptive capacity. Moreover, creative thinking and self-efficacy are associated with relatedness, and further with well-being. The key findings suggest that well-being plays a critical role to stimulate motivation for further capability building. This study extends the self-determination theory by linking entrepreneurial motivation with well-being in the entrepreneurial opportunity seeking process.

Suggested Citation

  • Chen Ming-Huei & Tseng Min & Teng Min-Jun, 2020. "Creative Entrepreneurs’ Well-Being, Opportunity Recognition and Absorptive Capacity: Self-Determination Theory Perspective," Entrepreneurship Research Journal, De Gruyter, vol. 10(1), pages 1-15, January.
    • Handle: RePEc:bpj:erjour:v:10:y:2020:i:1:p:15:n:3
    DOI: 10.1515/erj-2018-0171
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    References listed on IDEAS

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