The Relationship between Entrepreneur Psychological Capital and Well-Being

Babson College Entrepreneurship Research Conference (BCERC) 2007

Frontiers of Entrepreneurship Research 2007

12 Pages Posted: 6 Dec 2007  

Keith M. Hmieleski

Texas Christian University - M.J. Neeley School of Business

Jon C. Carr

University of Southern Mississippi

Abstract

The current study investigated the relationship between the psychological capital and work tension of entrepreneurs on their level of job satisfaction using a national (United States) random sample of 144 founders who were the top management team leaders of their new ventures. As expected, the findings demonstrate a positive relationship between psychological capital and job satisfaction and a negative relationship between work tension and job satisfaction. Also in alignment with our predictions, psychological capital was found to reduce the negative effects of work tension on job satisfaction. As such, it appears that the development of psychological capital within entrepreneurs may help them to build resistance against the wide range of psychological stressors that they inherently face while leading their new ventures.

Keywords: Entrepreneurship

JEL Classification: M13

Suggested Citation

Hmieleski, Keith M. and Carr, Jon C., The Relationship between Entrepreneur Psychological Capital and Well-Being. Babson College Entrepreneurship Research Conference (BCERC) 2007; Frontiers of Entrepreneurship Research 2007. Available at SSRN: https://ssrn.com/abstract=1064021

Keith M. Hmieleski (Contact Author)

Texas Christian University - M.J. Neeley School of Business ( email )

Fort Worth, TX 76129
United States

Jon C. Carr

University of Southern Mississippi ( email )

Hattiesburg, MS 39406
United States
601-266-6545 (Phone)
601-266-4630 (Fax)

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