Angel funding and entrepreneurs' well-being: The mediating role of autonomy, competence, and relatedness
Author
Abstract
Suggested Citation
DOI: 10.1016/j.jbusvent.2024.106468
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Obschonka, Martin & Fisch, Christian & Boyd, Ryan, 2017. "Using digital footprints in entrepreneurship research: A Twitter-based personality analysis of superstar entrepreneurs and managers," Journal of Business Venturing Insights, Elsevier, vol. 8(C), pages 13-23.
- Ronald K. Mitchell & Lowell Busenitz & Theresa Lant & Patricia P. McDougall & Eric A. Morse & J. Brock Smith, 2002. "Toward a Theory of Entrepreneurial Cognition: Rethinking the People Side of Entrepreneurship Research," Entrepreneurship Theory and Practice, , vol. 27(2), pages 93-104, April.
- Kaish, Stanley & Gilad, Benjamin, 1991. "Characteristics of opportunities search of entrepreneurs versus executives: Sources, interests, general alertness," Journal of Business Venturing, Elsevier, vol. 6(1), pages 45-61, January.
- Daniel P. Forbes & Patricia S. Borchert & Mary E. Zellmer–Bruhn & Harry J. Sapienza, 2006. "Entrepreneurial Team Formation: An Exploration of New Member Addition," Entrepreneurship Theory and Practice, , vol. 30(2), pages 225-248, March.
- Joon Mahn Lee & Byoung‐Hyoun Hwang & Hailiang Chen, 2017. "Are founder CEOs more overconfident than professional CEOs? Evidence from S&P 1500 companies," Strategic Management Journal, Wiley Blackwell, vol. 38(3), pages 751-769, March.
- Schade, Philipp & Schuhmacher, Monika C., 2022. "Digital infrastructure and entrepreneurial action-formation: A multilevel study," Journal of Business Venturing, Elsevier, vol. 37(5).
- Andy Lockett & Deniz Ucbasaran & John Butler, 2006. "Opening up the Investor–Investee Dyad: Syndicates, Teams, and Networks," Entrepreneurship Theory and Practice, , vol. 30(2), pages 117-130, March.
- Veroniek Collewaert & Harry J. Sapienza, 2016. "How Does Angel Investor–Entrepreneur Conflict Affect Venture Innovation? It Depends," Entrepreneurship Theory and Practice, , vol. 40(3), pages 573-597, May.
- Ko, Eun-Jeong & McKelvie, Alexander, 2018. "Signaling for more money: The roles of founders' human capital and investor prominence in resource acquisition across different stages of firm development," Journal of Business Venturing, Elsevier, vol. 33(4), pages 438-454.
- Patzelt, Holger & Shepherd, Dean A., 2011. "Negative emotions of an entrepreneurial career: Self-employment and regulatory coping behaviors," Journal of Business Venturing, Elsevier, vol. 26(2), pages 226-238, March.
- Richard M. Ryan & Veronika Huta & Edward Deci, 2008. "Living well: a self-determination theory perspective on eudaimonia," Journal of Happiness Studies, Springer, vol. 9(1), pages 139-170, January.
- Wiklund, Johan & Nikolaev, Boris & Shir, Nadav & Foo, Maw-Der & Bradley, Steve, 2019. "Entrepreneurship and well-being: Past, present, and future," Journal of Business Venturing, Elsevier, vol. 34(4), pages 579-588.
- JoAnne Yong–Kwan Lim & Lowell W. Busenitz & Laku Chidambaram, 2013. "New Venture Teams and the Quality of Business Opportunities Identified: Faultlines between Subgroups of Founders and Investors," Entrepreneurship Theory and Practice, , vol. 37(1), pages 47-67, January.
- Thomas H. Allison & Blakley C. Davis & Jeremy C. Short & Justin W. Webb, 2015. "Crowdfunding in a Prosocial Microlending Environment: Examining the Role of Intrinsic versus Extrinsic Cues," Entrepreneurship Theory and Practice, , vol. 39(1), pages 53-73, January.
- Angelo S. DeNisi, 2015. "Some Further Thoughts on the Entrepreneurial Personality," Entrepreneurship Theory and Practice, , vol. 39(5), pages 997-1003, September.
- Colombo, Massimo G. & Grilli, Luca, 2010. "On growth drivers of high-tech start-ups: Exploring the role of founders' human capital and venture capital," Journal of Business Venturing, Elsevier, vol. 25(6), pages 610-626, November.
- Andrew L. Maxwell & Moren Lévesque, 2014. "Trustworthiness: A Critical Ingredient for Entrepreneurs Seeking Investors," Entrepreneurship Theory and Practice, , vol. 38(5), pages 1057-1080, September.
- Boris Nikolaev & Christopher John Boudreaux & Matthew Wood, 2020. "Entrepreneurship and Subjective Well-Being: The Mediating Role of Psychological Functioning," Entrepreneurship Theory and Practice, , vol. 44(3), pages 557-586, May.
- Ryff, Carol D., 2019. "Entrepreneurship and eudaimonic well-being: Five venues for new science," Journal of Business Venturing, Elsevier, vol. 34(4), pages 646-663.
- Arturs Kalnins, 2018. "Multicollinearity: How common factors cause Type 1 errors in multivariate regression," Strategic Management Journal, Wiley Blackwell, vol. 39(8), pages 2362-2385, August.
- Erik Monsen & R. Wayne Boss, 2009. "The Impact of Strategic Entrepreneurship inside the Organization: Examining Job Stress and Employee Retention," Entrepreneurship Theory and Practice, , vol. 33(1), pages 71-104, January.
- Veroniek Collewaert & Sophie Manigart, 2016. "Valuation of Angel‐Backed Companies: The Role of Investor Human Capital," Journal of Small Business Management, Taylor & Francis Journals, vol. 54(1), pages 356-372, January.
- Seigner, Benedikt David Christian & Milanov, Hana & Lundmark, Erik & Shepherd, Dean A., 2023. "Tweeting like Elon? Provocative language, new-venture status, and audience engagement on social media," Journal of Business Venturing, Elsevier, vol. 38(2).
- Philipp Sieger & Marc Gruber & Emmanuelle Fauchart & Thomas Zellweger, 2016. "Measuring the social identity of entrepreneurs: Scale development and international validation," Post-Print hal-01725410, HAL.
- Brett A. White & John Dumay, 2017. "Business angels: a research review and new agenda," Venture Capital, Taylor & Francis Journals, vol. 19(3), pages 183-216, July.
- Ute Stephan & Andreas Rauch & Isabella Hatak, 2023. "Happy Entrepreneurs? Everywhere? A Meta-Analysis of Entrepreneurship and Wellbeing," Entrepreneurship Theory and Practice, , vol. 47(2), pages 553-593, March.
- Edmée van Dijk & Leon Schrevel & Rosalie van Stormbroek-Burgers & Robert Jan Blomme, 2014. "How to Create an Effective Venture Capitalist–Entrepreneur Relationship," SAGE Open, , vol. 4(4), pages 21582440145, October.
- Mochkabadi, Kazem & Kleinert, Simon & Urbig, Diemo & Volkmann, Christine, 2024. "From distinctiveness to optimal distinctiveness: External endorsements, innovativeness and new venture funding," Journal of Business Venturing, Elsevier, vol. 39(1).
- Cumming, Douglas & Schmidt, Daniel & Walz, Uwe, 2010. "Legality and venture capital governance around the world," Journal of Business Venturing, Elsevier, vol. 25(1), pages 54-72, January.
- Martin Obschonka & Christian Fisch, 2018. "Entrepreneurial personalities in political leadership," Small Business Economics, Springer, vol. 50(4), pages 851-869, April.
- Sieger, Philipp & Gruber, Marc & Fauchart, Emmanuelle & Zellweger, Thomas, 2016. "Measuring the social identity of entrepreneurs: Scale development and international validation," Journal of Business Venturing, Elsevier, vol. 31(5), pages 542-572.
- Robert A. Baron & Thomas B. Ward, 2004. "Expanding Entrepreneurial Cognition's Toolbox: Potential Contributions from the Field of Cognitive Science," Entrepreneurship Theory and Practice, , vol. 28(6), pages 553-573, November.
- Jean-Michel Dalle & Matthijs den Besten & Carlo Menon, 2017. "Using Crunchbase for economic and managerial research," OECD Science, Technology and Industry Working Papers 2017/08, OECD Publishing.
- William R. Kerr & Josh Lerner & Antoinette Schoar, 2014. "The Consequences of Entrepreneurial Finance: Evidence from Angel Financings," The Review of Financial Studies, Society for Financial Studies, vol. 27(1), pages 20-55, January.
- Fried, Vance H. & Bruton, Garry D. & Hisrich, Robert D., 1998. "Strategy and the board of directors in venture capital-backed firms," Journal of Business Venturing, Elsevier, vol. 13(6), pages 493-503, November.
- Shir, Nadav & Nikolaev, Boris N. & Wincent, Joakim, 2019. "Entrepreneurship and well-being: The role of psychological autonomy, competence, and relatedness," Journal of Business Venturing, Elsevier, vol. 34(5), pages 1-1.
- Nadav Shir & Carol D. Ryff, 2022. "Entrepreneurship, Self-Organization, and Eudaimonic Well-Being: A Dynamic Approach," Entrepreneurship Theory and Practice, , vol. 46(6), pages 1658-1684, November.
- Block, Jörn H. & Fisch, Christian O. & Obschonka, Martin & Sandner, Philipp G., 2019. "A personality perspective on business angel syndication✰," Journal of Banking & Finance, Elsevier, vol. 100(C), pages 306-327.
- Nuscheler, Daniela & Engelen, Andreas & Zahra, Shaker A., 2019. "The role of top management teams in transforming technology-based new ventures' product introductions into growth," Journal of Business Venturing, Elsevier, vol. 34(1), pages 122-140.
- Jianakoplos, Nancy Ammon & Bernasek, Alexandra, 1998. "Are Women More Risk Averse?," Economic Inquiry, Western Economic Association International, vol. 36(4), pages 620-630, October.
- Nagpaul, Tania & Chen, Jinwen, 2019. "Self-determination theory as a Framework for understanding needs of youth at-risk: Perspectives of social service professionals and the youth themselves," Children and Youth Services Review, Elsevier, vol. 99(C), pages 328-342.
- Garry D. Bruton & Salim Chahine & Igor Filatotchev, 2009. "Founders, Private Equity Investors, and Underpricing in Entrepreneurial IPOs," Entrepreneurship Theory and Practice, , vol. 33(4), pages 909-928, July.
- Francesca Tenca & Annalisa Croce & Elisa Ughetto, 2018. "Business Angels Research In Entrepreneurial Finance: A Literature Review And A Research Agenda," Journal of Economic Surveys, Wiley Blackwell, vol. 32(5), pages 1384-1413, December.
- Tata, Amulya & Martinez, Daniella Laureiro & Garcia, David & Oesch, Adrian & Brusoni, Stefano, 2017. "The psycholinguistics of entrepreneurship," Journal of Business Venturing Insights, Elsevier, vol. 7(C), pages 38-44.
- Fisch, Christian & Block, Jörn H., 2021. "How does entrepreneurial failure change an entrepreneur's digital identity? Evidence from Twitter data," Journal of Business Venturing, Elsevier, vol. 36(1).
- Stieglitz, Stefan & Mirbabaie, Milad & Ross, Björn & Neuberger, Christoph, 2018. "Social media analytics – Challenges in topic discovery, data collection, and data preparation," International Journal of Information Management, Elsevier, vol. 39(C), pages 156-168.
- Veroniek Collewaert, 2012. "Angel Investors’ and Entrepreneurs’ Intentions to Exit Their Ventures: A Conflict Perspective," Entrepreneurship Theory and Practice, , vol. 36(4), pages 753-779, July.
- Cardon, Melissa S. & Zietsma, Charlene & Saparito, Patrick & Matherne, Brett P. & Davis, Carolyn, 2005. "A tale of passion: New insights into entrepreneurship from a parenthood metaphor," Journal of Business Venturing, Elsevier, vol. 20(1), pages 23-45, January.
- Ciavarella, Mark A. & Buchholtz, Ann K. & Riordan, Christine M. & Gatewood, Robert D. & Stokes, Garnett S., 2004. "The Big Five and venture survival: Is there a linkage?," Journal of Business Venturing, Elsevier, vol. 19(4), pages 465-483, July.
- Fairchild, Richard, 2011. "An entrepreneur's choice of venture capitalist or angel-financing: A behavioral game-theoretic approach," Journal of Business Venturing, Elsevier, vol. 26(3), pages 359-374, May.
- Xinshu Zhao & John G. Lynch & Qimei Chen, 2010. "Reconsidering Baron and Kenny: Myths and Truths about Mediation Analysis," Journal of Consumer Research, Journal of Consumer Research Inc., vol. 37(2), pages 197-206, August.
- Thomas Lange, 2012. "Job satisfaction and self-employment: autonomy or personality?," Small Business Economics, Springer, vol. 38(2), pages 165-177, February.
- Fischer, Eileen & Rebecca Reuber, A., 2014. "Online entrepreneurial communication: Mitigating uncertainty and increasing differentiation via Twitter," Journal of Business Venturing, Elsevier, vol. 29(4), pages 565-583.
- Davila, Antonio & Foster, George & Gupta, Mahendra, 2003. "Venture capital financing and the growth of startup firms," Journal of Business Venturing, Elsevier, vol. 18(6), pages 689-708, November.
- Ehrlich, Sanford B. & De Noble, Alex F. & Moore, Tracy & Weaver, Richard R., 1994. "After the cash arrives: A comparative study of venture capital and private investor involvement in entrepreneurial firms," Journal of Business Venturing, Elsevier, vol. 9(1), pages 67-82, January.
- Stephan, Ute & Tavares, Susana M. & Carvalho, Helena & Ramalho, Joaquim J.S. & Santos, Susana C. & van Veldhoven, Marc, 2020. "Self-employment and eudaimonic well-being: Energized by meaning, enabled by societal legitimacy," Journal of Business Venturing, Elsevier, vol. 35(6).
- H Andrew Schwartz & Johannes C Eichstaedt & Margaret L Kern & Lukasz Dziurzynski & Stephanie M Ramones & Megha Agrawal & Achal Shah & Michal Kosinski & David Stillwell & Martin E P Seligman & Lyle H U, 2013. "Personality, Gender, and Age in the Language of Social Media: The Open-Vocabulary Approach," PLOS ONE, Public Library of Science, vol. 8(9), pages 1-16, September.
- Shaker A. Zahra & Harry J. Sapienza & Per Davidsson, 2006. "Entrepreneurship and Dynamic Capabilities: A Review, Model and Research Agenda," Journal of Management Studies, Wiley Blackwell, vol. 43(4), pages 917-955, June.
- William C. Johnson & Jeffrey E. Sohl, 2012. "Initial Public Offerings And Pre-Ipo Shareholders: Angels Versus Venture Capitalists," Journal of Developmental Entrepreneurship (JDE), World Scientific Publishing Co. Pte. Ltd., vol. 17(04), pages 1-23.
- Palan, Stefan & Schitter, Christian, 2018. "Prolific.ac—A subject pool for online experiments," Journal of Behavioral and Experimental Finance, Elsevier, vol. 17(C), pages 22-27.
- Wiltbank, Robert & Read, Stuart & Dew, Nicholas & Sarasvathy, Saras D., 2009. "Prediction and control under uncertainty: Outcomes in angel investing," Journal of Business Venturing, Elsevier, vol. 24(2), pages 116-133, March.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Jörn H. Block & Walter Diegel & Christian Fisch, 2024. "How venture capital funding changes an entrepreneur’s digital identity: more self-confidence and professionalism but less authenticity!," Review of Managerial Science, Springer, vol. 18(8), pages 2287-2319, August.
- Fisch, Christian & Block, Jörn H., 2021. "How does entrepreneurial failure change an entrepreneur's digital identity? Evidence from Twitter data," Journal of Business Venturing, Elsevier, vol. 36(1).
- Lefebvre, Vincent & Certhoux, Gilles & Radu-Lefebvre, Miruna, 2022. "Sustaining trust to cross the Valley of Death: A retrospective study of business angels’ investment and reinvestment decisions," Technovation, Elsevier, vol. 109(C).
- Boris N. Nikolaev & Michael P. Lerman & Christopher J. Boudreaux & Brandon A. Mueller, 2023. "Self-Employment and Eudaimonic Well-Being: The Mediating Role of Problem- and Emotion-Focused Coping," Entrepreneurship Theory and Practice, , vol. 47(6), pages 2121-2154, November.
- Veroniek Collewaert & Harry J. Sapienza, 2016. "How Does Angel Investor–Entrepreneur Conflict Affect Venture Innovation? It Depends," Entrepreneurship Theory and Practice, , vol. 40(3), pages 573-597, May.
- Block, Jörn H. & Fisch, Christian O. & Obschonka, Martin & Sandner, Philipp G., 2019. "A personality perspective on business angel syndication✰," Journal of Banking & Finance, Elsevier, vol. 100(C), pages 306-327.
- Aishwarya Kakatkar & Holger Patzelt & Nicola Breugst, 2024. "Towards a Dynamic Model of Entrepreneurial Energy," Entrepreneurship Theory and Practice, , vol. 48(4), pages 1037-1081, July.
- Jörn H. Block & Christian Fisch & Walter Diegel, 2024. "Schumpeterian entrepreneurial digital identity and funding from venture capital firms," The Journal of Technology Transfer, Springer, vol. 49(1), pages 119-157, February.
- Gish, J. Jeffrey & Guedes, Maria João & Silva, Bárbara G. & Patel, Pankaj C., 2022. "Latent profiles of personality, temperament, and eudaimonic well-being: Comparing life satisfaction and health outcomes among entrepreneurs and employees," Journal of Business Venturing Insights, Elsevier, vol. 17(C).
- Teemu Kautonen & Aracely Soto-Simeone & Ewald Kibler, 2025. "Unpacking the relationship between sense of place and entrepreneurs’ well-being," Small Business Economics, Springer, vol. 64(3), pages 1111-1139, March.
- Ute Stephan & Andreas Rauch & Isabella Hatak, 2023. "Happy Entrepreneurs? Everywhere? A Meta-Analysis of Entrepreneurship and Wellbeing," Entrepreneurship Theory and Practice, , vol. 47(2), pages 553-593, March.
- Xiaoyu Yu & Xiaotong Meng & Laura Stanley & Franz W. Kellermanns, 2024. "Self-employment and life satisfaction: The contingent role of formal institutions," Small Business Economics, Springer, vol. 63(1), pages 135-163, June.
- Mataigne, Virginie & Meoli, Michele & Vanacker, Tom & Vismara, Silvio, 2025. "False signaling by platform team members and post-campaign venture outcomes: Evidence from an equity crowdfunding platform," Journal of Business Venturing, Elsevier, vol. 40(1).
- Binhui Wei & Chunkai Zhao & Mingzhong Luo, 2025. "Returning Entrepreneurship and Subjective Well-Being: Evidence from Migrant Worker Households in Rural China," Journal of Happiness Studies, Springer, vol. 26(3), pages 1-45, March.
- Ute Stephan & Przemysław Zbierowski & Ana Pérez-Luño & Dominika Wach & Johan Wiklund & Marisleidy Alba Cabañas & Edgard Barki & Alexandre Benzari & Claudia Bernhard-Oettel & Janet A. Boekhorst & A, 2023.
"Act or Wait-and-See? Adversity, Agility, and Entrepreneur Wellbeing across Countries during the COVID-19 Pandemic,"
Entrepreneurship Theory and Practice, , vol. 47(3), pages 682-723, May.
- Ute Stephan & Przemysław Zbierowski & Ana Pérez-Luño & Dominika Wach & Johan Wiklund & Marisleidy Alba Cabañas & Edgard Barki & Alexandre Benzari & Claudia Bernhard-Oettel & Janet A Boekhorst & Arobin, 2023. "Act or Wait-and-See? Adversity, Agility, and Entrepreneur Wellbeing across Countries during the COVID-19 Pandemic," Post-Print hal-04414075, HAL.
- Mueller, Elisabeth & Hennicke, Maria, 2024.
"Unequal implies success? How initial ownership split impacts team entry and new venture performance,"
European Management Journal, Elsevier, vol. 42(3), pages 305-315.
- Elisabeth Mueller & Maria Hennicke, 2022. "Unequal implies success? How initial ownership split impacts team entry and new venture performance," Post-Print hal-03972127, HAL.
- Christopher J. Boudreaux & Niklas Elert & Magnus Henrekson & David S. Lucas, 2022.
"Entrepreneurial accessibility, eudaimonic well-being, and inequality,"
Small Business Economics, Springer, vol. 59(3), pages 1061-1079, October.
- Boudreaux, Christopher J. & Elert, Niklas & Henrekson, Magnus & Lucas, David S., 2021. "Entrepreneurial Accessibility, Eudaimonic Well-Being, and Inequality," Working Paper Series 1410, Research Institute of Industrial Economics.
- Milena Nikolova & Boris Nikolaev & Christopher Boudreaux, 2023.
"Being your own boss and bossing others: the moderating effect of managing others on work meaning and autonomy for the self-employed and employees,"
Small Business Economics, Springer, vol. 60(2), pages 463-483, February.
- Nikolova, Milena & Nikolaev, Boris & Boudreaux, Christopher, 2021. "Being Your Own Boss and Bossing Others: The Moderating Effect of Managing Others on Work Meaning and Autonomy for the Self-Employed and Employees," IZA Discussion Papers 14909, Institute of Labor Economics (IZA).
- Nikolova, Milena & Nikolaev, Boris & Boudreaux, Christopher, 2021. "Being your own boss and bossing others: The moderating effect of managing others on work meaning and autonomy for the self-employed and employees," GLO Discussion Paper Series 993, Global Labor Organization (GLO).
- Manuel Kaiser & Andreas Kuckertz, 2025. "Emotions and entrepreneurial finance: Analysis of venture capitalists’ and business angels’ digital footprints on Twitter," International Entrepreneurship and Management Journal, Springer, vol. 21(1), pages 1-29, December.
- Yuji Honjo & Kenta Ikeuchi & Hiroki Nakamura, 2022. "The Mediating Effect of Financial Motives in the Association between Entrepreneurial Experience and Subjective Well-Being: Evidence from Japan," Applied Research in Quality of Life, Springer;International Society for Quality-of-Life Studies, vol. 17(2), pages 1043-1067, April.
More about this item
Keywords
Business angel investors; Entrepreneurs; Well-being; Psychological needs; Tweets; LIWC; Investor–investee relationship;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:jbvent:v:40:y:2025:i:2:s0883902624000909. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/jbusvent .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.