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The contrasting interaction effects of improvisational behavior with entrepreneurial self-efficacy on new venture performance and entrepreneur work satisfaction

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  • Hmieleski, Keith M.
  • Corbett, Andrew C.

Abstract

Although improvisation is often considered to be an elemental component of entrepreneurship, little work has been done to evaluate factors that influence the relationship of entrepreneur improvisational behavior with important outcome variables. In an attempt to partly fill this gap, the current study examines the moderating effect of entrepreneurial self-efficacy on the relationship of founders' improvisational behavior with both the performance of their startups and their individual level of work satisfaction using a national (United States) random sample of 159 entrepreneurs. In alignment with our predictions, improvisational behavior was found to have a positive relationship with new venture performance (i.e., sales growth) when exhibited by founders who were high in entrepreneurial self-efficacy, whereas improvisational behavior was found to have a negative relationship with new venture performance when exhibited by founders who were low in entrepreneurial self-efficacy. Contrary to our expectations, entrepreneurial self-efficacy was found to have a negative moderating effect on the relationship between entrepreneur improvisational behavior and work satisfaction.

Suggested Citation

  • Hmieleski, Keith M. & Corbett, Andrew C., 2008. "The contrasting interaction effects of improvisational behavior with entrepreneurial self-efficacy on new venture performance and entrepreneur work satisfaction," Journal of Business Venturing, Elsevier, vol. 23(4), pages 482-496, July.
  • Handle: RePEc:eee:jbvent:v:23:y:2008:i:4:p:482-496
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    References listed on IDEAS

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    1. repec:eur:ejisjr:36 is not listed on IDEAS
    2. Zellweger, Thomas & Sieger, Philipp & Halter, Frank, 2011. "Should I stay or should I go? Career choice intentions of students with family business background," Journal of Business Venturing, Elsevier, vol. 26(5), pages 521-536, September.
    3. repec:mgt:youmng:v:12:y:2017:i:1:p:27-40 is not listed on IDEAS
    4. repec:spr:intemj:v:13:y:2017:i:4:d:10.1007_s11365-017-0433-z is not listed on IDEAS
    5. Uy, Marilyn A. & Foo, Maw-Der & Ilies, Remus, 2015. "Perceived progress variability and entrepreneurial effort intensity: The moderating role of venture goal commitment," Journal of Business Venturing, Elsevier, vol. 30(3), pages 375-389.
    6. Aguinis, Herman & Lawal, Sola O., 2012. "Conducting field experiments using eLancing's natural environment," Journal of Business Venturing, Elsevier, vol. 27(4), pages 493-505.
    7. Haynie, J. Michael & Shepherd, Dean & Mosakowski, Elaine & Earley, P. Christopher, 2010. "A situated metacognitive model of the entrepreneurial mindset," Journal of Business Venturing, Elsevier, vol. 25(2), pages 217-229, March.
    8. Crawford, G. Christopher & Aguinis, Herman & Lichtenstein, Benyamin & Davidsson, Per & McKelvey, Bill, 2015. "Power law distributions in entrepreneurship: Implications for theory and research," Journal of Business Venturing, Elsevier, vol. 30(5), pages 696-713.
    9. Baron, Robert A. & Hmieleski, Keith M. & Henry, Rebecca A., 2012. "Entrepreneurs' dispositional positive affect: The potential benefits – and potential costs – of being “up”," Journal of Business Venturing, Elsevier, vol. 27(3), pages 310-324.
    10. repec:eee:jbrese:v:83:y:2018:i:c:p:10-18 is not listed on IDEAS
    11. Anis Khedhaouria & Călin Gurău & Olivier Torrès, 2015. "Creativity, self-efficacy, and small-firm performance: the mediating role of entrepreneurial orientation," Small Business Economics, Springer, vol. 44(3), pages 485-504, March.
    12. repec:spr:intemj:v:14:y:2018:i:1:d:10.1007_s11365-017-0446-7 is not listed on IDEAS
    13. William J. Wales & Pankaj C. Patel & G. T. Lumpkin, 2013. "In Pursuit of Greatness: CEO Narcissism, Entrepreneurial Orientation, and Firm Performance Variance," Journal of Management Studies, Wiley Blackwell, vol. 50(6), pages 1041-1069, September.
    14. Kim, Phillip H. & Longest, Kyle C. & Lippmann, Stephen, 2015. "The tortoise versus the hare: Progress and business viability differences between conventional and leisure-based founders," Journal of Business Venturing, Elsevier, vol. 30(2), pages 185-204.
    15. Sari Pekkala Kerr & William R. Kerr & Tina Xu, 2017. "Personality Traits of Entrepreneurs: A Review of Recent Literature," NBER Working Papers 24097, National Bureau of Economic Research, Inc.
    16. Tumasjan, Andranik & Braun, Reiner, 2012. "In the eye of the beholder: How regulatory focus and self-efficacy interact in influencing opportunity recognition," Journal of Business Venturing, Elsevier, vol. 27(6), pages 622-636.
    17. Diana Hechavarria & Maija Renko & Charles Matthews, 2012. "The nascent entrepreneurship hub: goals, entrepreneurial self-efficacy and start-up outcomes," Small Business Economics, Springer, vol. 39(3), pages 685-701, October.
    18. McMullen, Jeffery S. & Kier, Alexander S., 2016. "Trapped by the entrepreneurial mindset: Opportunity seeking and escalation of commitment in the Mount Everest disaster," Journal of Business Venturing, Elsevier, vol. 31(6), pages 663-686.
    19. repec:gam:jsusta:v:9:y:2017:i:9:p:1649-:d:112245 is not listed on IDEAS
    20. repec:eee:touman:v:33:y:2012:i:1:p:143-154 is not listed on IDEAS
    21. repec:eee:touman:v:45:y:2014:i:c:p:115-123 is not listed on IDEAS
    22. Andrew Burke & Stuart Fraser & Francis J. Greene, 2010. "The Multiple Effects of Business Planning on New Venture Performance," Journal of Management Studies, Wiley Blackwell, vol. 47(3), pages 391-415, May.
    23. Lin Song & Li Jing, 0. "Strategic orientation and performance of new ventures: empirical studies based on entrepreneurial activities in China," International Entrepreneurship and Management Journal, Springer, vol. 0, pages 1-24.
    24. Branka Ahlin & Mateja Drnovšek & Robert Hisrich, 2014. "Entrepreneurs’ creativity and firm innovation: the moderating role of entrepreneurial self-efficacy," Small Business Economics, Springer, vol. 43(1), pages 101-117, June.

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