Can Your Network Make You Happy? Entrepreneurs’ Business Network Utilization and Subjective Well‐Being

21 Pages Posted: 15 Oct 2018

See all articles by Alex Newman

Alex Newman

Deakin University - Faculty of Business and Law

Kevin F. Mole

University of Warwick - Warwick Business School

Deniz Ucbasaran

Deakin University - Deakin Business School

Nachiappan Subramanian

University of Warwick - Warwick Business School

Andy Lockett

University of Warwick

Date Written: October 2018

Abstract

We draw on the conservation of resources theory to examine whether self‐efficacy and resilience mediate the relationship between entrepreneurs’ business network utilization and their subjective well‐being. Using socioemotional selectivity theory, we then examine the extent to which the mediating effects become stronger as entrepreneurs age. An analysis of data collected from 335 entrepreneurs in India reveals that business networks help entrepreneurs build resilience and self‐efficacy, which contribute to subjective well‐being. Furthermore, we find that the relationship between business network utilization and subjective well‐being strengthens as entrepreneurs age. Our findings attest to the importance of understanding how contextual resources in entrepreneurs’ work environments influence their subjective well‐being by enhancing their personal psychological resources.

Suggested Citation

Newman, Alex and Mole, Kevin F. and Ucbasaran, Deniz and Subramanian, Nachiappan and Lockett, Andy, Can Your Network Make You Happy? Entrepreneurs’ Business Network Utilization and Subjective Well‐Being (October 2018). British Journal of Management, Vol. 29, Issue 4, pp. 613-633, 2018. Available at SSRN: https://ssrn.com/abstract=3265417 or http://dx.doi.org/10.1111/1467-8551.12270

Alex Newman (Contact Author)

Deakin University - Faculty of Business and Law ( email )

Burwood, Victoria 3215
Australia

Kevin F. Mole

University of Warwick - Warwick Business School ( email )

Coventry CV4 7AL
United Kingdom

Deniz Ucbasaran

Deakin University - Deakin Business School

Australia

Nachiappan Subramanian

University of Warwick - Warwick Business School

Coventry CV4 7AL
United Kingdom

Andy Lockett

University of Warwick

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