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Happy and Proactive? The Role of Hedonic and Eudaimonic Well–Being in Business Owners’ Personal Initiative

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  • Verena C. Hahn
  • Michael Frese
  • Carmen Binnewies
  • Antje Schmitt

Abstract

This two–year study with 122 business owners examined the link between affective well–being and task–oriented as well as relationship–oriented personal initiative (PI). We tested two complementary models explaining the link between well–being and PI: (1) broaden–and–build theory and (2) self–regulation as limited resource approach. In line with current research on well–being, we differentiated between hedonic and eudaimonic well–being using life satisfaction and vigor as indicators. Hierarchical regression analyses showed that only vigor predicted both forms of PI. Our results support the self–regulation approach and indicate that eudaimonic well–being is the relevant affective well–being dimension for proactive behavior.

Suggested Citation

  • Verena C. Hahn & Michael Frese & Carmen Binnewies & Antje Schmitt, 2012. "Happy and Proactive? The Role of Hedonic and Eudaimonic Well–Being in Business Owners’ Personal Initiative," Entrepreneurship Theory and Practice, , vol. 36(1), pages 97-114, January.
    • Handle: RePEc:sae:entthe:v:36:y:2012:i:1:p:97-114
    DOI: 10.1111/j.1540-6520.2011.00490.x
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    Cited by:

    1. 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.
    2. Rezaee Vessal, Saeedeh & Partouche-Sebban, Judith & Scuotto, Veronica & Maalaoui, Adnane, 2021. "Overcoming stressful life events at do-it-yourself (DIY) laboratories. A new trailblazing career for disadvantaged entrepreneurs," Technological Forecasting and Social Change, Elsevier, vol. 164(C).
    3. 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).

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