IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v10y2018i4p929-d137667.html
   My bibliography  Save this article

Business Area Changes and Entrepreneurial Persistence in Ecology- and Food-Related Industries: Knowledge Heterogeneity and Emotion Perspectives

Author

Listed:
  • Hongmin Chen

    (ANTAI College of Economics and Management, Shanghai Jiao Tong University, Shanghai 200240, China)

  • Fu-Sheng Tsai

    (Loonguard Research Institute, Guangzhou 510000, China
    Department of Business Administration, Cheng Shiu University, Kaohsiung 83347, Taiwan)

  • Han-Chang Ling

    (Graduate Institute of Technology and Innovation Management, National Chengchi University, Taipei 11605, Taiwan)

Abstract

Entrepreneurs’ changes to different business areas can be viewed as shifts in entrepreneurial knowledge domains (e.g., from restaurant to food waste processing firm as an ecological helping business). From a sample of 73 representative entrepreneurs, we present a study of the impact of such area changes on the persistence of entrepreneurship (i.e., the degree an entrepreneur remains in entrepreneurial activities). Furthermore, two mediators, managerial experience and insecurity, and two moderators, positive and negative affect, were proposed and examined to make a more comprehensive theoretical inference of the relationship between area difference and persistence. The results revealed that, counter-intuitively, area difference was significantly and positively associated with entrepreneurial persistence. The mediation effects of managerial experience and psychological insecurity were also confirmed. However, only the moderation of positive affect was effective. Based on the knowledge heterogeneity and entrepreneurial emotion perspectives, academic and practical implications for inter-temporal dynamics of entrepreneurship are discussed.

Suggested Citation

  • Hongmin Chen & Fu-Sheng Tsai & Han-Chang Ling, 2018. "Business Area Changes and Entrepreneurial Persistence in Ecology- and Food-Related Industries: Knowledge Heterogeneity and Emotion Perspectives," Sustainability, MDPI, vol. 10(4), pages 1-10, March.
  • Handle: RePEc:gam:jsusta:v:10:y:2018:i:4:p:929-:d:137667
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/10/4/929/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/2071-1050/10/4/929/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. David B. Audretsch & Max Keilbach, 2007. "The Theory of Knowledge Spillover Entrepreneurship," Journal of Management Studies, Wiley Blackwell, vol. 44(7), pages 1242-1254, November.
    2. Stephanie A. Fernhaber & Patricia P. McDougall-Covin, 2009. "Venture Capitalists as Catalysts to New Venture Internationalization: The Impact of Their Knowledge and Reputation Resources," Entrepreneurship Theory and Practice, , vol. 33(1), pages 277-295, January.
    3. Ronald K. Mitchell & Lowell W. Busenitz & Barbara Bird & Connie Marie Gaglio & Jeffery S. McMullen & Eric A. Morse & J. Brock Smith, 2007. "The Central Question in Entrepreneurial Cognition Research 2007," Entrepreneurship Theory and Practice, , vol. 31(1), pages 1-27, January.
    4. Tim R. Holcomb & R. Duane Ireland & R. Michael Holmes Jr. & Michael A. Hitt, 2009. "Architecture of Entrepreneurial Learning: Exploring the Link among Heuristics, Knowledge, and Action," Entrepreneurship Theory and Practice, , vol. 33(1), pages 167-192, January.
    5. Melissa S. Cardon & Maw–Der Foo & Dean Shepherd & Johan Wiklund, 2012. "Exploring the Heart: Entrepreneurial Emotion is a Hot Topic," Entrepreneurship Theory and Practice, , vol. 36(1), pages 1-10, January.
    6. Gian Luca Casali & Mirko Perano & Andrea Moretta Tartaglione & Roxanne Zolin, 2018. "How Business Idea Fit Affects Sustainability and Creates Opportunities for Value Co-Creation in Nascent Firms," Sustainability, MDPI, vol. 10(1), pages 1-15, January.
    7. Simon Mosey & Mike Wright, 2007. "From Human Capital to Social Capital: A Longitudinal Study of Technology–Based Academic Entrepreneurs," Entrepreneurship Theory and Practice, , vol. 31(6), pages 909-935, November.
    8. Baron, Robert A., 1998. "Cognitive mechanisms in entrepreneurship: why and when enterpreneurs think differently than other people," Journal of Business Venturing, Elsevier, vol. 13(4), pages 275-294, July.
    9. Ronald K. Mitchell & Benjamin T. Mitchell & J. Robert Mitchell, 2009. "Entrepreneurial Scripts and Entrepreneurial Expertise: The Information Processing Perspective," International Studies in Entrepreneurship, in: Alan L. Carsrud & Malin Brännback (ed.), Understanding the Entrepreneurial Mind, chapter 0, pages 97-137, Springer.
    10. Jennifer M. Walske & Andrew Zacharakis, 2009. "Genetically Engineered: Why Some Venture Capital Firms are more Successful than Others," Entrepreneurship Theory and Practice, , vol. 33(1), pages 297-318, January.
    11. Anthony K.P. Wensley & Juan Gabriel Cegarra‐Navarro & Gabriel Cepeda‐Carrión & Antonio Genaro Leal Millán, 2011. "How entrepreneurial actions transform customer capital through time," International Journal of Manpower, Emerald Group Publishing Limited, vol. 32(1), pages 132-150, March.
    12. Coelho, Marta, 2010. "Unrealistic optimism: still a neglected trait," LSE Research Online Documents on Economics 29133, London School of Economics and Political Science, LSE Library.
    13. De Clercq, Dirk & Dimov, Dimo & Thongpapanl, Narongsak (Tek), 2010. "The moderating impact of internal social exchange processes on the entrepreneurial orientation-performance relationship," Journal of Business Venturing, Elsevier, vol. 25(1), pages 87-103, January.
    14. Patzelt, Holger & Shepherd, Dean A., 2011. "Negative emotions of an entrepreneurial career: Self-employment and regulatory coping behaviors," Journal of Business Venturing, Elsevier, vol. 26(2), pages 226-238, March.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Agyemang Rama & Bekolo Ngoa Celestin & Shuangying Chen & Konan Martin, 2022. "Assessment of Eco-Innovation Drivers within the Informal Sector in Ghana," Sustainability, MDPI, vol. 14(11), pages 1-19, June.
    2. Yan, Jiaju & Boss, Alan D. & Reger, Rhonda K., 2023. "The unrelenting entrepreneur: Taking stock of research on entrepreneurial persistence and related constructs," Journal of Business Venturing Insights, Elsevier, vol. 20(C).
    3. Qing Ye & Rongting Zhou & Muhammad Azfar Anwar & Ahmad Nabeel Siddiquei & Fahad Asmi, 2020. "Entrepreneurs and Environmental Sustainability in the Digital Era: Regional and Institutional Perspectives," IJERPH, MDPI, vol. 17(4), pages 1-21, February.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Dominic S.K. Lim & Eric A. Morse & Ronald K. Mitchell & Kristie K. Seawright, 2010. "Institutional Environment and Entrepreneurial Cognitions: A Comparative Business Systems Perspective," Entrepreneurship Theory and Practice, , vol. 34(3), pages 491-516, May.
    2. Cuiping Ma & Jibao Gu & Hefu Liu, 0. "Entrepreneurs’ passion and new venture performance in China," International Entrepreneurship and Management Journal, Springer, vol. 0, pages 1-26.
    3. Sara Sassetti & Giacomo Marzi & Vincenzo Cavaliere & Cristiano Ciappei, 2018. "Entrepreneurial cognition and socially situated approach: a systematic and bibliometric analysis," Scientometrics, Springer;Akadémiai Kiadó, vol. 116(3), pages 1675-1718, September.
    4. Stephen X. Zhang & Javier Cueto, 2017. "The Study of Bias in Entrepreneurship," Entrepreneurship Theory and Practice, , vol. 41(3), pages 419-454, May.
    5. Cuiping Ma & Jibao Gu & Hefu Liu, 2017. "Entrepreneurs’ passion and new venture performance in China," International Entrepreneurship and Management Journal, Springer, vol. 13(4), pages 1043-1068, December.
    6. Tata, Amulya & Martinez, Daniella Laureiro & Garcia, David & Oesch, Adrian & Brusoni, Stefano, 2017. "The psycholinguistics of entrepreneurship," Journal of Business Venturing Insights, Elsevier, vol. 7(C), pages 38-44.
    7. Maw–Der Foo & Marilyn A. Uy & Charles Murnieks, 2015. "Beyond Affective Valence: Untangling Valence and Activation Influences on Opportunity Identification," Entrepreneurship Theory and Practice, , vol. 39(2), pages 407-431, March.
    8. Leonidas A. Zampetakis & Manolis Lerakis & Konstantinos Kafetsios & Vassilis S. Moustakis, 2016. "The moderating role of anticipated affective ambivalence in the formation of entrepreneurial intentions," International Entrepreneurship and Management Journal, Springer, vol. 12(3), pages 815-838, September.
    9. Grichnik, Dietmar & Smeja, Alexander & Welpe, Isabell, 2010. "The importance of being emotional: How do emotions affect entrepreneurial opportunity evaluation and exploitation?," Journal of Economic Behavior & Organization, Elsevier, vol. 76(1), pages 15-29, October.
    10. Kuckertz, Andreas & Scheu, Maximilian, 2024. "From chalkboard to boardroom: Unveiling the role of entrepreneurship in bolstering academic achievement among professors," Journal of Business Research, Elsevier, vol. 175(C).
    11. Stroe, Silvia & Sirén, Charlotta & Shepherd, Dean & Wincent, Joakim, 2020. "The dualistic regulatory effect of passion on the relationship between fear of failure and negative affect: Insights from facial expression analysis," Journal of Business Venturing, Elsevier, vol. 35(4).
    12. Erik Lundmark & Anna Krzeminska & Dean A. Shepherd, 2019. "Images of Entrepreneurship: Exploring Root Metaphors and Expanding Upon Them," Entrepreneurship Theory and Practice, , vol. 43(1), pages 138-170, January.
    13. Sam Tavassoli & Viroj Jienwatcharamongkhol & Pia Arenius, 2023. "Colocation of Entrepreneurs and New Firm Survival: Role of New Firm Founder’s Experiential Relatedness to Local Entrepreneurs," Entrepreneurship Theory and Practice, , vol. 47(4), pages 1421-1459, July.
    14. Bryan T. Stinchfield & Reed E. Nelson & Matthew S. Wood, 2013. "Learning from Levi–Strauss’ Legacy: Art, Craft, Engineering, Bricolage, and Brokerage in Entrepreneurship," Entrepreneurship Theory and Practice, , vol. 37(4), pages 889-921, July.
    15. Obschonka, Martin & Fisch, Christian & Boyd, Ryan, 2017. "Using digital footprints in entrepreneurship research: A Twitter-based personality analysis of superstar entrepreneurs and managers," Journal of Business Venturing Insights, Elsevier, vol. 8(C), pages 13-23.
    16. David R. Marshall & Robert Gigliotti, 2020. "Bound for entrepreneurship? A career-theoretical perspective on entrepreneurial intentions," International Entrepreneurship and Management Journal, Springer, vol. 16(1), pages 287-303, March.
    17. Mauri Laukkanen, 2023. "Understanding the contents and development of nascent entrepreneurs’ belief systems," International Entrepreneurship and Management Journal, Springer, vol. 19(3), pages 1289-1312, September.
    18. Santos, Gina & Marques, Carla Susana & Ferreira, João J.M., 2020. "Passion and perseverance as two new dimensions of an Individual Entrepreneurial Orientation scale," Journal of Business Research, Elsevier, vol. 112(C), pages 190-199.
    19. Dheer, Ratan J.S. & Castrogiovanni, Gary J., 2023. "Cognitive adaptability’s impact on entrepreneurial intent: The mediating roles of entrepreneurial passion and efficacy," Journal of Business Research, Elsevier, vol. 160(C).
    20. Jeffery S. McMullen & Katrina M. Brownell & Joel Adams, 2021. "What Makes an Entrepreneurship Study Entrepreneurial? Toward A Unified Theory of Entrepreneurial Agency," Entrepreneurship Theory and Practice, , vol. 45(5), pages 1197-1238, September.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:10:y:2018:i:4:p:929-:d:137667. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.