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Year 2015, Volume: 2 Issue: 3, 299 - 307, 06.11.2015

Lihong Song Yongshi Lu Xinchun Li

Abstract

References

  • Baer, M., Frese, M. (2003).Innovation Is Not Enough: Climates for Initiative and Psychological Safety, Process Innovations, and Firm
  • Performance. Journal of Organizational Behavior, 24(1), 45-68. Baron, R. A., Tang, J. (2011).The Role of Entrepreneurs in Firm-Level Innovation: Joint Effects of Positive Affect, Creativity, and Environmental Dynamism. Journal of Business Venturing, 26(1), 49-60.
  • Baron, R., A. (2008).The Role of Affect in The Entrepreneurial Process. Academy of Management Review, 33(2), 328-340.
  • Cardon, M., S., Wincent, J., Singh, J., Drnsovek, M. (2009).The Nature and Experience of Entrepreneurial Passion.Academy of
  • Management Review, 34(3), 511-532. Diefendorff, J., M., Lord, R., G. (2003).The Volitional and Strategic Effects of Planning on Task Performance and Goal
  • Commitment.Human Performance, 16(4), 365-387. Fay, D., Frese, M. (2001).The concept of personal initiative: an overview of validity studies. Human Performance, 14(1), 97-124.
  • Foo, M., D., Uy, M., A., Baron, R., A. (2009).How Do Feelings Influence Effort? An Empirical Study of Entrepreneurs' Affect and Venture
  • Effort. Journal of Applied Psychology, 94(4), 1086-1094.
  • Fredrickson, B., L. (2001). The Role of Positive Emotions in Positive Psychology: The Broaden-and-Build Theory of Positive Emotions.
  • The American Psychologist, 56(3), 218-226. Grant, A., M., Ashford, S., J. (2008).The Dynamics of Proactivity at Work. Research in Organizational Behavior, 28(1), 3-34.
  • Grant, A., M., Parker, S., Collins, C. (2009).Getting Credit for Proactive Behavior: Supervisor Reactions Depend on What You Value and How You Feel. Personnel Psychology, 62(1), 31-55.
  • Hahn, V., C., Frese, M., Binnewies, C., Schmitt, A.(2012). Happy and Proactive?The Role of Hedonic and Eudaimonicwell-Being in
  • Business Owners' Personal Initiative.Entrepreneurship Theory and Practice, 2012, 36(1), 97-114.
  • Hitt, M., A., Beamish, P., W., Jackson, S., E., Mathieu, J., E. (2007).Building Theoretical and Empirical Bridges Across Levels: Multilevel
  • Research In Management. Academy of Management Journal, 50(6), 1385-1399.
  • James, N., Gudmundsson, A. (2011). Entrepreneur Optimism and The New Venture Creation Process. Journal of Asia Entrepreneurship and Sustainability, 7(2), 52-71.
  • Karniol, R., Ross, M. (1996).The Motivational Impact of Temporal Focus: Thinking about The Future and The Past. Annual Review of Psychology, 47(1), 593-620.
  • Kraut, R. (1979).Two Conceptions of Happiness. The Philosophical Review, 88(2), 167-197.
  • Lyubomirsky, S., King, L., Diener, E. (2005).The Benefits of Frequent Positive Affect: Does Happiness Lead to Success? Psychological Bulletin, 131(6), 803-855.
  • Murali, M., Lim, L., Y., Raduan, C., R., Mohani, A.(2010).Venture Performance in Malaysia: Personal Initiative, Human Capital, and Competency Areas of Founding Entrepreneurs as Critical Success Factors. Journal of Small Business & Entrepreneurship, 23(3), 315-3
  • Rooks, G., Sserwanga, A., Frese, M. (2014), Unpacking the Personal Initiative–Performance Relationship: A Multi-Group Analysis of
  • Innovation by Ugandan Rural and Urban Entrepreneurs. Applied Psychology:An International Review. doi: 10.1111/apps.12033
  • Ryan, R., M., Deci, E., L. (2001).On Happiness and Human Potentials: A Review of Research on Hedonic and Eudaimonic Well-Being.
  • Annual Review of Psychology, 52(1), 141-166. Schindehutte, M., Morris, M., Allen, J. (2006).Beyond Achievement: Entrepreneurship as Extreme Experience. Small Business Economics, 27(4-5), 349-368.
  • Thompson, J. A. (2005). Proactive Personality and Job Performance: A Social Capital Perspective. Journal of Applied Psychology, 90(5), 1011-1017.
  • Von Gelderen, M., Frese, M., Thurik, R. (2000).Strategies, Uncertainty and Performance of Small Business Startups.Small Business Economics, 15(3), 165-181.
  • Waterman, A., S. (1993). Two Conceptions of Happiness: Contrasts of Personal Expressiveness (Eudaimonia) and Hedonic Enjoyment.
  • Journal of Personality and Social Psychology, 64(4), 678-691. Zhao, X., Frese, M., Giardini, A. (2010).Business Owners’ Network Size and Business Growth InChina: The Role Of Comprehensive
  • Social Competency. Entrepreneurship and Regional Development, 2010, 22(7-8), 675-705.

ENTREPRENEURS’ HAPPINESS, PERSONAL INITIATIVES AND FIRM PERFORMANCE: EVIDENCE FROM CHINA

Year 2015, Volume: 2 Issue: 3, 299 - 307, 06.11.2015

Lihong Song Yongshi Lu Xinchun Li

Abstract

This article constructed a theoretical model including entrepreneurs’ happiness, personal initiative and firm performance, and tested the hypotheses using questionnaire survey and SEM analysis. The path analysis of 660 samples indicates that entrepreneurs’ Eudaimonic Well-Being helps to enhance firm performance, but the Hedonic Well-Being has no significant direct effect on firm performance. Eudaimonic Well-Being can promote entrepreneurs to exhibit more task-oriented and relationship-oriented personal initiatives, but Hedonic Well-Being has no significant influence on both dimensions of personal initiatives. Only relationship-oriented personal initiative has a positive and significant effect on firm performance, while task-oriented personal initiative negatively but insignificantly influences firm performance. This study also provides some suggestions for entrepreneurs and government officers to improve the happiness and personal initiatives of Chinese entrepreneurs.

References

  • Baer, M., Frese, M. (2003).Innovation Is Not Enough: Climates for Initiative and Psychological Safety, Process Innovations, and Firm
  • Performance. Journal of Organizational Behavior, 24(1), 45-68. Baron, R. A., Tang, J. (2011).The Role of Entrepreneurs in Firm-Level Innovation: Joint Effects of Positive Affect, Creativity, and Environmental Dynamism. Journal of Business Venturing, 26(1), 49-60.
  • Baron, R., A. (2008).The Role of Affect in The Entrepreneurial Process. Academy of Management Review, 33(2), 328-340.
  • Cardon, M., S., Wincent, J., Singh, J., Drnsovek, M. (2009).The Nature and Experience of Entrepreneurial Passion.Academy of
  • Management Review, 34(3), 511-532. Diefendorff, J., M., Lord, R., G. (2003).The Volitional and Strategic Effects of Planning on Task Performance and Goal
  • Commitment.Human Performance, 16(4), 365-387. Fay, D., Frese, M. (2001).The concept of personal initiative: an overview of validity studies. Human Performance, 14(1), 97-124.
  • Foo, M., D., Uy, M., A., Baron, R., A. (2009).How Do Feelings Influence Effort? An Empirical Study of Entrepreneurs' Affect and Venture
  • Effort. Journal of Applied Psychology, 94(4), 1086-1094.
  • Fredrickson, B., L. (2001). The Role of Positive Emotions in Positive Psychology: The Broaden-and-Build Theory of Positive Emotions.
  • The American Psychologist, 56(3), 218-226. Grant, A., M., Ashford, S., J. (2008).The Dynamics of Proactivity at Work. Research in Organizational Behavior, 28(1), 3-34.
  • Grant, A., M., Parker, S., Collins, C. (2009).Getting Credit for Proactive Behavior: Supervisor Reactions Depend on What You Value and How You Feel. Personnel Psychology, 62(1), 31-55.
  • Hahn, V., C., Frese, M., Binnewies, C., Schmitt, A.(2012). Happy and Proactive?The Role of Hedonic and Eudaimonicwell-Being in
  • Business Owners' Personal Initiative.Entrepreneurship Theory and Practice, 2012, 36(1), 97-114.
  • Hitt, M., A., Beamish, P., W., Jackson, S., E., Mathieu, J., E. (2007).Building Theoretical and Empirical Bridges Across Levels: Multilevel
  • Research In Management. Academy of Management Journal, 50(6), 1385-1399.
  • James, N., Gudmundsson, A. (2011). Entrepreneur Optimism and The New Venture Creation Process. Journal of Asia Entrepreneurship and Sustainability, 7(2), 52-71.
  • Karniol, R., Ross, M. (1996).The Motivational Impact of Temporal Focus: Thinking about The Future and The Past. Annual Review of Psychology, 47(1), 593-620.
  • Kraut, R. (1979).Two Conceptions of Happiness. The Philosophical Review, 88(2), 167-197.
  • Lyubomirsky, S., King, L., Diener, E. (2005).The Benefits of Frequent Positive Affect: Does Happiness Lead to Success? Psychological Bulletin, 131(6), 803-855.
  • Murali, M., Lim, L., Y., Raduan, C., R., Mohani, A.(2010).Venture Performance in Malaysia: Personal Initiative, Human Capital, and Competency Areas of Founding Entrepreneurs as Critical Success Factors. Journal of Small Business & Entrepreneurship, 23(3), 315-3
  • Rooks, G., Sserwanga, A., Frese, M. (2014), Unpacking the Personal Initiative–Performance Relationship: A Multi-Group Analysis of
  • Innovation by Ugandan Rural and Urban Entrepreneurs. Applied Psychology:An International Review. doi: 10.1111/apps.12033
  • Ryan, R., M., Deci, E., L. (2001).On Happiness and Human Potentials: A Review of Research on Hedonic and Eudaimonic Well-Being.
  • Annual Review of Psychology, 52(1), 141-166. Schindehutte, M., Morris, M., Allen, J. (2006).Beyond Achievement: Entrepreneurship as Extreme Experience. Small Business Economics, 27(4-5), 349-368.
  • Thompson, J. A. (2005). Proactive Personality and Job Performance: A Social Capital Perspective. Journal of Applied Psychology, 90(5), 1011-1017.
  • Von Gelderen, M., Frese, M., Thurik, R. (2000).Strategies, Uncertainty and Performance of Small Business Startups.Small Business Economics, 15(3), 165-181.
  • Waterman, A., S. (1993). Two Conceptions of Happiness: Contrasts of Personal Expressiveness (Eudaimonia) and Hedonic Enjoyment.
  • Journal of Personality and Social Psychology, 64(4), 678-691. Zhao, X., Frese, M., Giardini, A. (2010).Business Owners’ Network Size and Business Growth InChina: The Role Of Comprehensive
  • Social Competency. Entrepreneurship and Regional Development, 2010, 22(7-8), 675-705.
There are 29 citations in total.

Details

Journal Section Articles
Authors

Lihong Song This is me

Yongshi Lu This is me

Xinchun Li This is me

Publication Date November 6, 2015
Published in Issue Year 2015 Volume: 2 Issue: 3

Cite

APA Song, L., Lu, Y., & Li, X. (2015). ENTREPRENEURS’ HAPPINESS, PERSONAL INITIATIVES AND FIRM PERFORMANCE: EVIDENCE FROM CHINA. Research Journal of Business and Management, 2(3), 299-307. https://doi.org/10.17261/Pressacademia.2015312981
AMA Song L, Lu Y, Li X. ENTREPRENEURS’ HAPPINESS, PERSONAL INITIATIVES AND FIRM PERFORMANCE: EVIDENCE FROM CHINA. RJBM. November 2015;2(3):299-307. doi:10.17261/Pressacademia.2015312981
Chicago Song, Lihong, Yongshi Lu, and Xinchun Li. “ENTREPRENEURS’ HAPPINESS, PERSONAL INITIATIVES AND FIRM PERFORMANCE: EVIDENCE FROM CHINA”. Research Journal of Business and Management 2, no. 3 (November 2015): 299-307. https://doi.org/10.17261/Pressacademia.2015312981.
EndNote Song L, Lu Y, Li X (November 1, 2015) ENTREPRENEURS’ HAPPINESS, PERSONAL INITIATIVES AND FIRM PERFORMANCE: EVIDENCE FROM CHINA. Research Journal of Business and Management 2 3 299–307.
IEEE L. Song, Y. Lu, and X. Li, “ENTREPRENEURS’ HAPPINESS, PERSONAL INITIATIVES AND FIRM PERFORMANCE: EVIDENCE FROM CHINA”, RJBM, vol. 2, no. 3, pp. 299–307, 2015, doi: 10.17261/Pressacademia.2015312981.
ISNAD Song, Lihong et al. “ENTREPRENEURS’ HAPPINESS, PERSONAL INITIATIVES AND FIRM PERFORMANCE: EVIDENCE FROM CHINA”. Research Journal of Business and Management 2/3 (November 2015), 299-307. https://doi.org/10.17261/Pressacademia.2015312981.
JAMA Song L, Lu Y, Li X. ENTREPRENEURS’ HAPPINESS, PERSONAL INITIATIVES AND FIRM PERFORMANCE: EVIDENCE FROM CHINA. RJBM. 2015;2:299–307.
MLA Song, Lihong et al. “ENTREPRENEURS’ HAPPINESS, PERSONAL INITIATIVES AND FIRM PERFORMANCE: EVIDENCE FROM CHINA”. Research Journal of Business and Management, vol. 2, no. 3, 2015, pp. 299-07, doi:10.17261/Pressacademia.2015312981.
Vancouver Song L, Lu Y, Li X. ENTREPRENEURS’ HAPPINESS, PERSONAL INITIATIVES AND FIRM PERFORMANCE: EVIDENCE FROM CHINA. RJBM. 2015;2(3):299-307.

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