When passion fades: Disentangling the temporal dynamics of entrepreneurial passion for founding
Collewaert, Veroniek Anseel, Frederik Crommelinck, Michiel De Beuckelaere, A. Vermeire, Jacob
Collewaert, Veroniek
Anseel, Frederik
Crommelinck, Michiel
De Beuckelaere, A.
Vermeire, Jacob
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Publication Type
Journal article with impact factor
Editor
Supervisor
Publication Year
2016
Journal
Journal of Management Studies
Book
Publication Volume
53
Publication Issue
6
Publication Begin page
966
Publication End page
995
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Abstract
This study examines how and why entrepreneurial passion for founding changes over time. In particular, we propose that in the founding phase of a venture's lifecycle entrepreneurs' founding identity centrality will remain stable over time. We also propose, however, that in our sample and time period studied, entrepreneurs' intense positive feelings for founding will decrease over time. On the basis of theories of positive illusion, self-regulation and role theory, we further hypothesize that venture idea change, change in role ambiguity and entrepreneurs' feedback-seeking behaviour are factors that help explain the rate of change in entrepreneurs' intense positive feelings for founding. Using a three-wave longitudinal research design, we find that among a sample of 112 entrepreneurs' identity centrality does not change over time, whereas intense positive feelings for founding decrease over time. Moreover, the more entrepreneurs change their venture ideas, the weaker their decrease in intense positive feelings. Further, we show that entrepreneurs who frequently seek feedback suffer less from reduced positive feelings in response to higher increases in role ambiguity as compared to entrepreneurs who seek less feedback.
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Keywords
Entrepreneurial Passion, Feedback Seeking Behaviour, Role Ambiguity, Venture Creation, Dualistic Model, Job Attitudes