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The Relationship of Entrepreneurial Traits, Skill, and Motivation to Subsequent Venture Growth.

Baum, J. Robert, Locke, Edwin A.·2004·Journal of Applied Psychology

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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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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CoChat. (2026). Citation check: The Relationship of Entrepreneurial Traits, Skill, and Motivation to Subsequent Venture Growth. https://app.cochat.ai/papers/10.1037/0021-9010.89.4.587
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Baum, J. R., & Locke, E. A. (2004). The Relationship of Entrepreneurial Traits, Skill, and Motivation to Subsequent Venture Growth. Journal of Applied Psychology. https://doi.org/10.1037/0021-9010.89.4.587

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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

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