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The Relationship of Entrepreneurial Traits, Skill, and Motivation to Subsequent Venture Growth.
Abstract
Previous research on entrepreneurship as well as goal, social-cognitive, and leadership theories has guided hypotheses regarding the relationship between entrepreneurial traits and skill (passion, tenacity, and new resource skill) and situationally specific motivation (communicated vision, self-efficacy, and goals) to subsequent venture growth. Data from 229 entrepreneur-chief executive officers and 106 associates in a single industry were obtained in a 6-year longitudinal study. Structural equation modeling revealed a web of relationships that impact venture growth. Goals, self-efficacy, and communicated vision had direct effects on venture growth, and these factors mediated the effects of passion, tenacity, and new resource skill on subsequent growth. Furthermore, communicated vision and self-efficacy were related to goals, and tenacity was related to new resource skill.
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Cited by
Grit: perseverance and passion for long-term goals
Duckworth, A. L., Peterson, C., Matthews, M. D., & Kelly, D. R. (2007) · Journal of Personality and Social Psychology · doi:10.1037/0022-3514.92.6.1087 · Cited by 6,911
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Self-citationThe nature and experience of entrepreneurial passion
Cardon, M. S., Wincent, J., Singh, J., & Drnovsek, M. (2009) · Academy of Management Review · doi:10.5465/amr.2009.40633190 · Cited by 1,922
Entrepreneurial Self–Efficacy: Refining the Measure
McGee, J. E., Peterson, M., Mueller, S. L., & Sequeira, J. M. (2009) · Entrepreneurship Theory and Practice · doi:10.1111/j.1540-6520.2009.00304.x · Cited by 1,318
Self-Control and Grit: Related but Separable Determinants of Success
Duckworth, A., & Gross, J. J. (2014) · Current Directions in Psychological Science · doi:10.1177/0963721414541462 · Cited by 1,025
Metadata
- Authors
- Baum, J. R., & Locke, E. A.
- Venue
- Journal of Applied Psychology
- Published
- 2004
- Volume
- 89
- Issue
- 4
- Pages
- 587-598
- ISSN
- 0021-9010 (ISSN-L)
- 1939-1854
- OpenAlex
- W2021245278
- Cited by
- 2,165
- References
- 7
- FWCI
- 39.71
- Type
- journal article
- Language
- en
- Open access
- closed
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