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Towards a Psychology of Entrepreneurship — An Action Theory Perspective

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  • Frese, Michael
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    Abstract

    This contribution discusses a theory of entrepreneurship, its empirical base, and its implications. First, it argues that a psychological approach is necessary to understand entrepreneurship. Second, it argues that any theory of entrepreneurship should use active actions as a starting point — entrepreneurship is the epitome of an active agent in the market (rather than a reactive agent). Third, it discusses an action regulation theory to better understand the psychology of entrepreneurship. Fourth, it provides examples how this theory can help to understand entrepreneurial success. Finally, I suggest intervention programs to help entrepreneurs to be successful at growing their organizations.

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    File URL: http://dx.doi.org/10.1561/0300000028
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    Bibliographic Info

    Article provided by now publishers in its journal Foundations and Trends(R) in Entrepreneurship.

    Volume (Year): 5 (2009)
    Issue (Month): 6 (November)
    Pages: 437-496

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    Handle: RePEc:now:fntent:0300000028

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    Web page: http://www.nowpublishers.com/

    Related research

    Keywords: Entrepreneurial success; Action theory; Social entrepreneurship; Organizational change; Entrepreneurship; Psychology; Organizational theory;

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    Cited by:
    1. Pieper, Torsten M., 2010. "Non solus: Toward a psychology of family business," Journal of Family Business Strategy, Elsevier, vol. 1(1), pages 26-39, March.
    2. Fayolle, Alain & Liñán, Francisco, 2014. "The future of research on entrepreneurial intentions," Journal of Business Research, Elsevier, vol. 67(5), pages 663-666.
    3. Toft-Kehler, Rasmus & Wennberg, Karl & Kim, Phillip H., 2014. "Practice makes perfect: Entrepreneurial-experience curves and venture performance," Journal of Business Venturing, Elsevier, vol. 29(4), pages 453-470.

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