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Psychological Resilience and Its Downstream Effects for Business Survival in Nascent Entrepreneurship
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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Metadata
- Authors
- Chadwick, I. C., & Raver, J. L.
- Affiliations
- Concordia University (CA)
- Queen's University (CA)
- Corresponding author
- Chadwick, Ingrid C.
- 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
- 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
- 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
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
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