IDEAS home Printed from https://ideas.repec.org/a/sae/entthe/v48y2024i4p1037-1081.html
   My bibliography  Save this article

Towards a Dynamic Model of Entrepreneurial Energy

Author

Listed:
  • Aishwarya Kakatkar
  • Holger Patzelt
  • Nicola Breugst

Abstract

Entrepreneurial energy, the level of energetic activation that a founder feels for building their venture, is an important indicator of a founder’s well-being. Changes in entrepreneurial energy have wide-ranging consequences for both founders and their ventures, yet much remains to be learned about how and why such fluctuations might occur, as well as the role of social dynamics in influencing fluctuations in entrepreneurial energy. To investigate these questions, we draw on longitudinal data from 38 founders, developing a dynamic model of entrepreneurial energy. Our study contributes to research on entrepreneurial energy and well-being, as well as energetic activation more generally.

Suggested Citation

  • Aishwarya Kakatkar & Holger Patzelt & Nicola Breugst, 2024. "Towards a Dynamic Model of Entrepreneurial Energy," Entrepreneurship Theory and Practice, , vol. 48(4), pages 1037-1081, July.
  • Handle: RePEc:sae:entthe:v:48:y:2024:i:4:p:1037-1081
    DOI: 10.1177/10422587231224197
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/10422587231224197
    Download Restriction: no

    File URL: https://libkey.io/10.1177/10422587231224197?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Gary Dushnitsky, 2010. "Entrepreneurial Optimism in the Market for Technological Inventions," Organization Science, INFORMS, vol. 21(1), pages 150-167, February.
    2. 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.
    3. Holger Patzelt & Rebecca Preller & Nicola Breugst, 2021. "Understanding the Life Cycles of Entrepreneurial Teams and Their Ventures: An Agenda for Future Research," Entrepreneurship Theory and Practice, , vol. 45(5), pages 1119-1153, September.
    4. Mathias, Blake D. & Wang, Stephanie, 2023. "Not so silent partners: Exploring the interconnected roles of entrepreneurs and their spouses," Journal of Business Venturing, Elsevier, vol. 38(4).
    5. Wiklund, Johan & Nikolaev, Boris & Shir, Nadav & Foo, Maw-Der & Bradley, Steve, 2019. "Entrepreneurship and well-being: Past, present, and future," Journal of Business Venturing, Elsevier, vol. 34(4), pages 579-588.
    6. Boris Nikolaev & Christopher John Boudreaux & Matthew Wood, 2020. "Entrepreneurship and Subjective Well-Being: The Mediating Role of Psychological Functioning," Entrepreneurship Theory and Practice, , vol. 44(3), pages 557-586, May.
    7. Ryff, Carol D., 2019. "Entrepreneurship and eudaimonic well-being: Five venues for new science," Journal of Business Venturing, Elsevier, vol. 34(4), pages 646-663.
    8. Walsh, Christian & Knott, Paul & Collins, Jamie, 2020. "Emotional energy and opportunity confidence," Journal of Business Venturing Insights, Elsevier, vol. 13(C).
    9. Warnick, Benjamin J. & Murnieks, Charles Y. & McMullen, Jeffery S. & Brooks, Wade T., 2018. "Passion for entrepreneurship or passion for the product? A conjoint analysis of angel and VC decision-making," Journal of Business Venturing, Elsevier, vol. 33(3), pages 315-332.
    10. Amason, Allen C. & Shrader, Rodney C. & Tompson, George H., 2006. "Newness and novelty: Relating top management team composition to new venture performance," Journal of Business Venturing, Elsevier, vol. 21(1), pages 125-148, January.
    11. Cardon, Melissa S. & Glauser, Michael & Murnieks, Charles Y., 2017. "Passion for what? Expanding the domains of entrepreneurial passion," Journal of Business Venturing Insights, Elsevier, vol. 8(C), pages 24-32.
    12. Nicola Breugst & Holger Patzelt & Dean A. Shepherd, 2020. "When is Effort Contagious in New Venture Management Teams? Understanding the Contingencies of Social Motivation Theory," Journal of Management Studies, Wiley Blackwell, vol. 57(8), pages 1556-1588, December.
    13. Amanda J. Williamson & Martina Battisti & Michael Leatherbee & J. Jeffrey Gish, 2019. "Rest, Zest, and My Innovative Best: Sleep and Mood as Drivers of Entrepreneurs’ Innovative Behavior," Entrepreneurship Theory and Practice, , vol. 43(3), pages 582-610, May.
    14. Uy, Marilyn A. & Foo, Maw-Der & Song, Zhaoli, 2013. "Joint effects of prior start-up experience and coping strategies on entrepreneurs’ psychological well-being," Journal of Business Venturing, Elsevier, vol. 28(5), pages 583-597.
    15. Shir, Nadav & Nikolaev, Boris N. & Wincent, Joakim, 2019. "Entrepreneurship and well-being: The role of psychological autonomy, competence, and relatedness," Journal of Business Venturing, Elsevier, vol. 34(5), pages 1-1.
    16. Gish, J. Jeffrey & Wagner, David T. & Grégoire, Denis A. & Barnes, Christopher M., 2019. "Sleep and entrepreneurs' abilities to imagine and form initial beliefs about new venture ideas," Journal of Business Venturing, Elsevier, vol. 34(6).
    17. Wach, Dominika & Stephan, Ute & Weinberger, Eva & Wegge, Jürgen, 2021. "Entrepreneurs' stressors and well-being: A recovery perspective and diary study," Journal of Business Venturing, Elsevier, vol. 36(5).
    18. Gish, J. Jeffrey & Guedes, Maria João & Silva, Bárbara G. & Patel, Pankaj C., 2022. "Latent profiles of personality, temperament, and eudaimonic well-being: Comparing life satisfaction and health outcomes among entrepreneurs and employees," Journal of Business Venturing Insights, Elsevier, vol. 17(C).
    19. Uy, Marilyn A. & Foo, Maw-Der & Ilies, Remus, 2015. "Perceived progress variability and entrepreneurial effort intensity: The moderating role of venture goal commitment," Journal of Business Venturing, Elsevier, vol. 30(3), pages 375-389.
    20. Cardon, Melissa S. & Zietsma, Charlene & Saparito, Patrick & Matherne, Brett P. & Davis, Carolyn, 2005. "A tale of passion: New insights into entrepreneurship from a parenthood metaphor," Journal of Business Venturing, Elsevier, vol. 20(1), pages 23-45, January.
    21. Patel, Pankaj C. & Wolfe, Marcus T. & Williams, Trenton A., 2019. "Self-employment and allostatic load," Journal of Business Venturing, Elsevier, vol. 34(4), pages 731-751.
    22. Van Lancker, Evy & Knockaert, Mirjam & Collewaert, Veroniek & Breugst, Nicola, 2023. "Preparing for scaling: A study on founder role evolution," Journal of Business Venturing, Elsevier, vol. 38(4).
    23. Stephan, Ute & Tavares, Susana M. & Carvalho, Helena & Ramalho, Joaquim J.S. & Santos, Susana C. & van Veldhoven, Marc, 2020. "Self-employment and eudaimonic well-being: Energized by meaning, enabled by societal legitimacy," Journal of Business Venturing, Elsevier, vol. 35(6).
    24. William B. Gartner & Kelly G. Shaver & Elizabeth Gatewood & Jerome A. Katz, 1994. "Finding the Entrepreneur in Entrepreneurship," Entrepreneurship Theory and Practice, , vol. 18(3), pages 5-9, April.
    Full references (including those not matched with items on IDEAS)

    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. Boris N. Nikolaev & Michael P. Lerman & Christopher J. Boudreaux & Brandon A. Mueller, 2023. "Self-Employment and Eudaimonic Well-Being: The Mediating Role of Problem- and Emotion-Focused Coping," Entrepreneurship Theory and Practice, , vol. 47(6), pages 2121-2154, November.
    2. Xiaoyu Yu & Xiaotong Meng & Laura Stanley & Franz W. Kellermanns, 2024. "Self-employment and life satisfaction: The contingent role of formal institutions," Small Business Economics, Springer, vol. 63(1), pages 135-163, June.
    3. Gish, J. Jeffrey & Guedes, Maria João & Silva, Bárbara G. & Patel, Pankaj C., 2022. "Latent profiles of personality, temperament, and eudaimonic well-being: Comparing life satisfaction and health outcomes among entrepreneurs and employees," Journal of Business Venturing Insights, Elsevier, vol. 17(C).
    4. Wach, Dominika & Stephan, Ute & Weinberger, Eva & Wegge, Jürgen, 2021. "Entrepreneurs' stressors and well-being: A recovery perspective and diary study," Journal of Business Venturing, Elsevier, vol. 36(5).
    5. Ute Stephan & Andreas Rauch & Isabella Hatak, 2023. "Happy Entrepreneurs? Everywhere? A Meta-Analysis of Entrepreneurship and Wellbeing," Entrepreneurship Theory and Practice, , vol. 47(2), pages 553-593, March.
    6. Obschonka, Martin & Pavez, Ignacio & Kautonen, Teemu & Kibler, Ewald & Salmela-Aro, Katariina & Wincent, Joakim, 2023. "Job burnout and work engagement in entrepreneurs: How the psychological utility of entrepreneurship drives healthy engagement," Journal of Business Venturing, Elsevier, vol. 38(2).
    7. Ute Stephan & Przemysław Zbierowski & Ana Pérez-Luño & Dominika Wach & Johan Wiklund & Marisleidy Alba Cabañas & Edgard Barki & Alexandre Benzari & Claudia Bernhard-Oettel & Janet A. Boekhorst & A, 2023. "Act or Wait-and-See? Adversity, Agility, and Entrepreneur Wellbeing across Countries during the COVID-19 Pandemic," Entrepreneurship Theory and Practice, , vol. 47(3), pages 682-723, May.
    8. Nicholas Litsardopoulos & George Saridakis & Yannis Georgellis & Chris Hand, 2023. "Self-employment experience effects on well-being: A longitudinal study," Economic and Industrial Democracy, Department of Economic History, Uppsala University, Sweden, vol. 44(2), pages 454-480, May.
    9. Christopher J. Boudreaux & Niklas Elert & Magnus Henrekson & David S. Lucas, 2022. "Entrepreneurial accessibility, eudaimonic well-being, and inequality," Small Business Economics, Springer, vol. 59(3), pages 1061-1079, October.
    10. Milena Nikolova & Boris Nikolaev & Christopher Boudreaux, 2023. "Being your own boss and bossing others: the moderating effect of managing others on work meaning and autonomy for the self-employed and employees," Small Business Economics, Springer, vol. 60(2), pages 463-483, February.
    11. Yu, Wei & Li, Zhuyi Angelina & Foo, Maw-Der & Sun, Shuhua, 2022. "Perceived social undermining keeps entrepreneurs up at night and disengaged the next day: The mediating role of sleep quality and the buffering role of trait resilience," Journal of Business Venturing, Elsevier, vol. 37(2).
    12. Dwyer, Sean M. & Lerman, Michael & Gras, David, 2023. "When the going gets tough: Stressors and purpose in life among social and commercial entrepreneurs," Journal of Business Venturing Insights, Elsevier, vol. 20(C).
    13. Manchiraju, Srikant, 2020. "Psychometric evaluation of the Ryff’s Scale of psychological wellbeing in self-identified American entrepreneurs," Journal of Business Venturing Insights, Elsevier, vol. 14(C).
    14. Dimov, Dimo & Pistrui, Joseph, 2024. "Dynamics of entrepreneurial well-being: Insights from computational theory," Journal of Business Research, Elsevier, vol. 172(C).
    15. Stephan, Ute & Tavares, Susana M. & Carvalho, Helena & Ramalho, Joaquim J.S. & Santos, Susana C. & van Veldhoven, Marc, 2020. "Self-employment and eudaimonic well-being: Energized by meaning, enabled by societal legitimacy," Journal of Business Venturing, Elsevier, vol. 35(6).
    16. Simon Coulombe & Marcus Dejardin & Sylvain Luc, 2022. "Covid or not Covid? Psychological Distress and Entrepreneurial Intentions among Canadian Workers during the Pandemic," Post-Print halshs-03659225, HAL.
    17. Ali E. Ahmed & Deniz Ucbasaran & Gabriella Cacciotti & Trenton A. Williams, 2022. "Integrating Psychological Resilience, Stress, and Coping in Entrepreneurship: A Critical Review and Research Agenda," Entrepreneurship Theory and Practice, , vol. 46(3), pages 497-538, May.
    18. Stephan, Meike & Demir, Cemre & Lasch, Frank & Vossen, Alexander & Werner, Arndt, 2023. "Psychological well-being of hybrid entrepreneurs: A replication and extension study using German panel data," Journal of Business Venturing Insights, Elsevier, vol. 20(C).
    19. Barkema, Harry G. & Bindl, Uta & Tanveer, Lamees, 2024. "How entrepreneurs achieve purpose beyond profit: the case of women entrepreneurs in Nigeria," LSE Research Online Documents on Economics 119716, London School of Economics and Political Science, LSE Library.
    20. Kautonen, Teemu & Halvorsen, Cal & Minniti, Maria & Kibler, Ewald, 2023. "Transitions to entrepreneurship, self-realization, and prolonged working careers: Insights from the English Longitudinal Study of Ageing," Journal of Business Venturing Insights, Elsevier, vol. 19(C).

    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:sae:entthe:v:48:y:2024:i:4:p:1037-1081. 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: SAGE Publications (email available below). General contact details of provider: .

    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.