Journal
JOURNAL OF BUSINESS VENTURING
Volume 35, Issue 4, Pages -Publisher
ELSEVIER
DOI: 10.1016/j.jbusvent.2019.105948
Keywords
Harmonious and obsessive passion; Negative affect; Fear of failure; Facial expression analysis; Affective events theory; Early-stage entrepreneurship
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Funding
- Behavioral Lab of the University of St. Gallen
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Across two studies, we theorize and empirically investigate passion as a moderator of the negative affective consequences of fear of failure in early-stage entrepreneurship. We test our hypotheses in two field studies of naturally occurring affective events-namely, pitching competitions-and we complement self-reported measures of negative affect with physio-psychological measures obtained from analyzing entrepreneurs' facial expressions. The results confirm that in failure-relevant situations, dispositional fear of failure may lead to higher negative affect depending on the dualistic regulatory effect of passion-harmonious passion dampens the influence of fear of failure on negative affect (Studies 1 and 2), while obsessive passion magnifies this effect in Study 1 but dampens it in Study 2, thus showing mixed evidence. Our work is one of the first to investigate how early-stage entrepreneurs experience negative affect during typical entrepreneurial events as a result of their dispositional traits and their type and level of passion.
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