Entrepreneural success from positive psychology view
Entrepreneurial success should be viewed as a virtuous life mission that needs to be re-conceptualized. It was suggested in this study that entrepreneurial success should be more than just financially termed, based on positive psychology view. Psychological measures of success were asserted to b...
| Main Authors: | , |
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| Format: | Conference or Workshop Item |
| Language: | English English |
| Published: |
2013
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| Subjects: | |
| Online Access: | http://irep.iium.edu.my/29940/ http://irep.iium.edu.my/29940/ http://irep.iium.edu.my/29940/1/ENTREPRENEURIAL_SUCCESS_FROM_POSITIVE_PSYCHOLOGY_VIEW.pdf http://irep.iium.edu.my/29940/2/4th_icber2013_presenter_schedule.pdf |
| Summary: | Entrepreneurial success should be viewed as a virtuous life mission that needs to be re-conceptualized. It
was suggested in this study that entrepreneurial success should be more than just financially termed,
based on positive psychology view. Psychological measures of success were asserted to be the next vital
domain indicating entrepreneurial success besides financial measures. This study was essential because
the findings could lead to more explorations of vital factors that lead to entrepreneurial success and to
more comprehensive entrepreneurship theory in future research. Psychological states variables such as
psychological capital and entrepreneurial work engagement were identified as the relevant factors to
partly explain entrepreneurial success as conceptualized in this study. This research discussed
entrepreneurial success from the perspectives of established entrepreneurs in Malaysia. The sample of
entrepreneurs was drawn from a frame, which consisted of at least 502 small and medium service
enterprises. The findings showed that both psychological capital and entrepreneurial work engagement
were directly related to psychological measures of success but were moderately correlated to financial
performance. The proposed domains, financial performance and psychological measures of success, were
positively correlated as indicators of entrepreneurial success. |
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