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Entrepreneurial Passion (6 Types of Passion
(Cardon et al, 2017) (product…
Entrepreneurial Passion
6 Types of Passion
(Cardon et al, 2017)
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Purpose: "Using a phenomenological approach, we conduct an inductive qualitative study of 80 entrepreneurs and analyze their oral histories to explore the sources of entrepreneurial passion" (p 24)
(Cardon et al, 2013)
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Benefits of
passion
“fuel motivation, enhance mental activity, and provide meaning to everyday work” (Brännback et al., 2006: 6)."
"It can foster creativity and the recognition of new information patterns critical to the discovery and exploitation of promising opportunities (Baron, 2008, Sundararajan and Peters, 2007)."
"Passion has been associated with the ability of entrepreneurs to raise funds from investors (Cardon et al., 2009a, Mitteness et al., 2012, Sudek, 2006),"
"Helps "hire and motivate key employees (Cardon, 2008)."
(Smilor, 1997)
"perhaps the most observed phenomenon of the entrepreneurial process” (p. 342) via (Cardon et al, 2009 p. 511)
Nature and Experience of ENT Passion
(Cardon et al, 2009) #
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Model (p 519)
"our identity-based ap- proach is more flexible and can explain ob- served patterns of entrepreneurial behaviors that are not captured in the trait-based ap- proach."
(p 526)
Psychological Literature
(Csikszentmihalyi, 1990)
passion leads to flow-like states of total immersion (via Cardon et al, 2009 p 515)
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Rockwell, 2002
Passion gives a sense of "pleasure and promise" (p. 52) via (Cardon et al, 2009 p 515)
Diminishment of passion
Collewaert et al (2016)
"entrepreneurs who frequently seek feedback suffer less from reduced positive feelings in response to higher increases in role ambiguity as compared to entrepreneurs who seek less feedback."
"whereas intense positive feelings for founding decrease over time." But, "the more entrepreneurs change their venture ideas, the weaker their decrease in intense positive feelings."