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Can your network make you happy? Entrepreneurs’ use of business networks and their subjective well-being

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journal contribution
posted on 2023-06-09, 08:28 authored by Alexander Newman, Kevin F Mole, Deniz Ucbasaran, Nachiappan SubramanianNachiappan Subramanian, Andy Lockett
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.

History

Publication status

  • Published

File Version

  • Accepted version

Journal

British Journal of Management

ISSN

1045-3172

Publisher

Wiley

Issue

4

Volume

29

Page range

613-633

Department affiliated with

  • Management Publications

Full text available

  • Yes

Peer reviewed?

  • Yes

Legacy Posted Date

2017-10-27

First Open Access (FOA) Date

2019-12-26

First Compliant Deposit (FCD) Date

2017-10-27

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