Entrepreneurship Education and Founding Passion: The Moderating Role of Entrepreneurial Family Background

Performance feedback and obsessive passion: The moderating role of human capital

Based on the behavioral theory of the firm, we research how performance feedback influences the formation of CEOs' passion. We articulate that previous performance directly increases CEOs' passion. Specifically, positive affective outcomes (performance above aspiration-level) advance CEOs' positive feelings and motivation toward the domains of success (obsessive passion). For instance, when a firm accomplishes performance objectives, such as reaching sales goals, CEOs' positive feelings toward developing current products would be boosted. Moreover, negative affective outcomes (performance below aspiration-level) would also positively impact CEOs' passion since the CEOs would endeavor to reduce the difference between performance and their aspiration-level. As such, performance feedback is a critical antecedent of CEOs' obsessive passion. In addition, we apply human capital as a moderator between performance feedback and CEOs' obsessive passion. Results based on multiphase survey data from 189 CEOs of Korean small- and medium-sized enterprises indicate that both positive and negative performance feedback positively increase CEOs' obsessive passion. Moreover, human capital negatively moderates the relationship between positive performance feedback and CEOs' obsessive passion and positively moderates the relationship between negative performance feedback and CEOs' obsessive passion.

Factors influencing the social perception of entrepreneurs in Spain: A quantitative analysis from secondary data

The essential role that entrepreneurs play in the economy, while acknowledged in the academic context, is not always recognized socially. In the specific case of Spain, the profession has even been called into question by public institutions, which is highly detrimental to both the social image of entrepreneurs and the country's economy. Therefore, there is a need to identify factors that can improve this social image. This study aims to investigate one of these factors, specifically the effect of interest in economics. To do so, data from a large sample of 25,835 Spanish citizens from 2002-2022 were employed. The analysis was conducted using a combination of a neural network model and logistic regression. The conclusion of the study is that as interest in economics and business increases, the perception of entrepreneurs improves. Therefore, those individuals with less interest in economics tend to have a more negative view of this profession. This result opens up a potential avenue for enhancing the social image of entrepreneurs, as a higher interest in economics and business, which could be achieved through effective communication campaigns or basic education, leads to an improvement in perception.

Entrepreneurial role models and college students' entrepreneurial calling: A moderated mediation model

Introduction

College entrepreneurship education should not only cultivate a group of college students who have strong willingness to start a business immediately after graduation, but also pay attention to future entrepreneurship success of college students. Correspondingly, in addition to attaching importance to improving college students' entrepreneurial intention, college entrepreneurship education should pay attention to improving college students' entrepreneurial calling. At present, there is insufficient research on the association between entrepreneurial role models and entrepreneurial calling. We aim to study the mechanism and boundary condition of the association between entrepreneurial role models and entrepreneurial calling.

Methods

A longitudinal survey was distributed among 519 students from 16 colleges and universities in China. In the survey, the college students answered questions on entrepreneurial role models, entrepreneurial calling, entrepreneurial perceived behavioral control and entrepreneurial hands-on practice. Hierarchical regression was conducted, testing the association between entrepreneurial role models and entrepreneurial calling of college students, mediated by entrepreneurial perceived behavioral control and moderated by entrepreneurial hands-on practice.

Results

Therefore, based on the social learning theory, the theory of planned behavior and the entrepreneurial event model, and by hierarchical regression of the data, this study confirmed that entrepreneurial role models were positively associated with college students' entrepreneurial calling by partially mediating with entrepreneurial perceived behavioral control. Moreover, Entrepreneurial hands-on practice positively moderated not only the relationship between entrepreneurial perceived behavioral control and entrepreneurial calling, but also the mediating association of entrepreneurial perceived behavioral control between entrepreneurial role models and entrepreneurial calling.

Discussion

This study not only enriches the theoretical research on entrepreneurial calling and entrepreneurial role models, but also provides valuable educational enlightenment for colleges and universities to improve the students' entrepreneurial calling.

Psychological and sociological determinants of entrepreneurial intentions and behaviors

Research concerned with the personality of entrepreneurs entails an important part of the research into the management of small and medium-sized enterprises and entrepreneurship. This research has added new knowledge about the role of entrepreneurs' personality characteristics, their family entrepreneurial background, and the local supportive entrepreneurial background in entrepreneurial start-up intentions and behaviors. Hypotheses and a model were developed and verified using structural equation modeling and regression analysis considering data from a sample of entrepreneurs and students. This research revealed that several personality and sociological factors can be important for entrepreneurship when it comes to starting a business. The most important were the Big Five personality factors openness, extraversion, and non-agreeableness and, to a smaller extent, emotional stability (non-neuroticism), and conscientiousness. The second-most important group of factors were the specific motivational characteristics entrepreneurial self-efficacy, internal locus of control, and risk-taking propensity. Sociological factors were much less important than psychological elements for establishing business.

Entrepreneurship education on entrepreneurial intention: The moderating role of the personality and family economic status

This study investigates the impact of entrepreneurship education on college students’ entrepreneurial intentions, as well as the moderating effects of personality and family economic status on the relationship between entrepreneurship education and entrepreneurial intention, respectively. We tested our hypotheses using a sample of college students in Tianjin, China, and analyzed the data of 326 questionnaires containing validated measures. The results show that entrepreneurship education has a positive impact on college students’ entrepreneurial intentions; proactive personality negatively moderates this relationship; and family economic status positively moderates it. However, the moderating effect of narcissistic personality has not been verified. This study is unique and innovative as it brings new insights to this stream of literature by introducing the roles of the personality and family economic status in the relationship between entrepreneurship education and entrepreneurial intention. Our analysis provides important empirical evidence about the negative moderating effect of proactive personality and the positive moderating effect of family economic status on the relationship between entrepreneurship education and entrepreneurial intention, introducing insights into the heterogeneity of the effect of entrepreneurship education.