Cited by 212Entrepreneurship Studies and InfluencesResilience and Mental HealthGrit, Self-Efficacy, and Motivation

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Psychological Resilience and Its Downstream Effects for Business Survival in Nascent Entrepreneurship

Chadwick, Ingrid C., Raver, Jana L.·2020·Entrepreneurship Theory and Practice

DOI 10.1177/1042258718801597

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Abstract

While scholars frequently argue that nascent entrepreneurs will be more successful if they are resilient, this assumption remains untested and the mechanisms for its potential benefits are unknown. To establish the utility of this psychological construct, we draw from Fredrickson's broaden-and-build theory (1998 ) to develop and test theory on the processes through which psychological resilience influences first-time entrepreneurs' business survival. Results of a time-lagged study of nascent entrepreneurs followed over a 2-year period support this theory, highlighting the cognitive and behavioral ways in which psychological resilience helps nascent entrepreneurs become less vulnerable to their stressful circumstances.

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Authors: Chadwick, I. C., & Raver, J. L.
Affiliations: Concordia University (CA)
Queen's University (CA)
Corresponding author: Chadwick, Ingrid C.
ORCID: Chadwick, Ingrid C.
Raver, Jana L.
Venue: Entrepreneurship Theory and Practice
Publisher: SAGE Publications
Published: 2018-09-27
Volume: 44
Issue: 2
Pages: 233-255
ISSN: 1042-2587 (ISSN-L)
1540-6520
DOI: 10.1177/1042258718801597
OpenAlex: W2894012983
Cited by: 212
References: 109
Citations by year: 2026: 39 · 2025: 40 · 2024: 29 · 2023: 37 · 2022: 39 · 2021: 22 · 2020: 4 · 2019: 2
FWCI: 9.36
Type: journal article
Language: en
Open access: closed
Licence: journals.sagepub.com/page/policies/text-and-data-mining-license (tdm)
Locations: Entrepreneurship Theory and Practice (publishedVersion)
RePEc: Research Papers in Economics (submittedVersion)
Funders: Social Sciences and Humanities Research Council of Canada
Topics: Social Sciences › Business, Management and Accounting › Management of Technology and Innovation › Entrepreneurship Studies and Influences
Social Sciences › Psychology › Clinical Psychology › Resilience and Mental Health
Social Sciences › Psychology › Social Psychology › Grit, Self-Efficacy, and Motivation
Keywords: psychological resilience, business survival, nascent entrepreneurship, first-time entrepreneurs, broaden-and-build theory, stress, cognitive processes, behavioral processes, entrepreneurial success

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Psychological Resilience and Its Downstream Effects for Business Survival in Nascent Entrepreneurship

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