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Linking entrepreneurial passion and innovation under the dynamic influence of entrepreneurs’ age: the case of Vietnamese SMEs

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journal contribution
posted on 2023-06-10, 05:38 authored by Ngoc LuuNgoc Luu
Drawing upon the broaden-and-build theory of positive emotions, this research focuses on examining two mediating mechanisms linking entrepreneurial passion and firm-level innovation performance under the dynamic influence of entrepreneurs’ age. The study uses a survey with a sample of 186 entrepreneurs who were owners or founders of small and medium enterprises (SMEs) in Vietnam. The empirical study shows that entrepreneurial passion directly improves firms’ innovation performance, and indirectly via two mediators: entrepreneurial alertness and self-efficacy. Furthermore, the findings reveal that entrepreneurs’ age has a U-shaped moderating effect on the link between entrepreneurial passion and self-efficacy, and a positive moderating effect on the link between passion and alertness. This study is among the few to explore the impact of entrepreneurial passion as an entrepreneur-level emotion on a critical firm-level business outcome. Besides, it contributes to the innovation literature by examining the mediating mechanisms through which entrepreneurial passion turns into improvements in firm-level innovation performance. Finally, the research extends the entrepreneurship literature by confirming how these mediating mechanisms differ at different stages of an entrepreneur’s lifecycle.

History

Publication status

  • Published

File Version

  • Accepted version

Journal

The International Journal of Entrepreneurship and Innovation

ISSN

1465-7503

Publisher

Sage

Page range

1-12

Department affiliated with

  • Strategy and Marketing Publications

Full text available

  • Yes

Peer reviewed?

  • Yes

Legacy Posted Date

2022-12-09

First Open Access (FOA) Date

2023-02-16

First Compliant Deposit (FCD) Date

2022-12-08

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