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Entrepreneurial passion and a firm’s innovation strategies

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journal contribution
posted on 2023-06-09, 20:34 authored by Ngoc LuuNgoc Luu, Xuan NguyenXuan Nguyen
Drawing upon the role of affect in the entrepreneurship model and the broaden-and-build theory of positive emotions, this study surveyed 195 entrepreneurs in Vietnam and found that entrepreneurial passion has a positive effect on a firm’s exploratory innovation strategies and a complex inverted U-shaped effect on the exploitative innovation strategies. These results extend the literature on entrepreneurial emotions and underscore the need to depart from the simplistic linear association between entrepreneurial passion and firm-level indicators. Furthermore, this study enriches our understanding of three types of entrepreneurs’ social identities by supporting their contingent effects on the links between passion and innovation strategies.

History

Publication status

  • Published

File Version

  • Accepted version

Journal

Journal of Small Business Management

ISSN

0047-2778

Publisher

Taylor & Francis

Page range

1-25

Department affiliated with

  • Strategy and Marketing Publications

Full text available

  • Yes

Peer reviewed?

  • Yes

Legacy Posted Date

2020-02-11

First Open Access (FOA) Date

2021-09-19

First Compliant Deposit (FCD) Date

2020-02-11

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