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The Role of Meaningful Work in the Context of Startup Events and Entrepreneurial Activities

In: Corporate Social Responsibility in Rising Economies

Author

Listed:
  • Mari Kooskora

    (Estonian Business School)

  • Ülane Vilumets

    (Estonian Entrepreneurship University of Applied Sciences)

Abstract

Research on meaningful work has gained more popularity in the recent years and there is plenty of evidence on how meaning is positively related to work motivation. However, various events on the Baltic startup scene have made it possible to become an entrepreneur in a safe environment and launch a service or a product quickly and with very little investment. This has created a circle of people participating in different entrepreneurship-related events and working on startup ideas as hobby projects whilst also being employed. The aim of this paper is to discover the connection between different dimensions of meaningful work and the probability of leaving one’s work and founding a company. To examine these links, a web-based survey was conducted involving Estonians, as well as some Latvians, Lithuanians and residents of other countries (n = 198) who were connected to the Baltic startup scene. Meaningful work was measured with the help of two scales—the Comprehensive Meaningful Work Scale (CMWS) developed in 2012 by Lips-Wiersma and Wright as well as the shorter and more general Work as Meaning Inventory (WAMI) developed in 2012 by Steger. The study revealed that meaningful work appeared to have negative correlation to the predicted likeliness of quitting one’s job; however, relationship between meaning and attending various entrepreneurship- related events or being more likely to start a business was not identified.

Suggested Citation

  • Mari Kooskora & Ülane Vilumets, 2020. "The Role of Meaningful Work in the Context of Startup Events and Entrepreneurial Activities," CSR, Sustainability, Ethics & Governance, in: Nayan Mitra & René Schmidpeter (ed.), Corporate Social Responsibility in Rising Economies, pages 31-50, Springer.
    • Handle: RePEc:spr:csrchp:978-3-030-53775-3_3
    DOI: 10.1007/978-3-030-53775-3_3
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