The relationship of entrepreneurial traits, skill, and motivation to subsequent venture growth.

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ID: 51139
2004
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Abstract
Previous research on entrepreneurship as well as goal, social-cognitive, and leadership theories has guided hypotheses regarding the relationship between entrepreneurial traits and skill (passion, tenacity, and new resource skill) and situationally specific motivation (communicated vision, self-efficacy, and goals) to subsequent venture growth. Data from 229 entrepreneur-chief executive officers and 106 associates in a single industry were obtained in a 6-year longitudinal study. Structural equation modeling revealed a web of relationships that impact venture growth. Goals, self-efficacy, and communicated vision had direct effects on venture growth, and these factors mediated the effects of passion, tenacity, and new resource skill on subsequent growth. Furthermore, communicated vision and self-efficacy were related to goals, and tenacity was related to new resource skill.
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Authors Baum, J Robert;Locke, Edwin A;
Journal the journal of applied psychology
Year 2004
DOI
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Keywords
authoring tools and methods computer-mediated communication cross-cultural projects interdisciplinary project multimedia/hypermedia system

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