A temporal analysis of how entrepreneurial goal intentions, positive fantasies, and action planning affect starting a new venture and when the effects wear off.

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A temporal analysis of how entrepreneurial goal intentions, positive fantasies, and action planning affect starting a new venture and when the effects wear off. / Gielnik, Michael; Barabas, Stefanie; Frese, Michael et al.

In: Journal of Business Venturing, Vol. 29, No. 6, 01.11.2014, p. 755-772.

Research output: Journal contributionsJournal articlesResearchpeer-review

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@article{7e47ff92aa024ef3ae906d70efe7725d,
title = "A temporal analysis of how entrepreneurial goal intentions, positive fantasies, and action planning affect starting a new venture and when the effects wear off.",
abstract = "The road from intentions to actions and new venture creation is long. So far, the literature has provided insights into action-regulatory factors that contribute to new venture creation. However, the literature has neglected to take into account the temporal dynamics underlying these relationships. We contribute to action-regulation theories in entrepreneurship by theorizing about and investigating how the effects of action-regulatory factors hold over time. We hypothesize that the action-regulatory factors of entrepreneurial goal intentions, positive fantasies, and action planning have combined effects on new venture creation. Furthermore, we hypothesize that these effects become weaker over time. To test our hypotheses, we studied 96 Ugandan entrepreneurs over 30. months. Our results supported our hypotheses. Action planning moderated the effects of entrepreneurial goal intentions and positive fantasies on new venture creation. Furthermore, the effects were significant in the beginning and wore off over time. Our study shows that including a time frame in theoretical models is important to derive valid conclusions from empirical results and to develop more precise theories.",
keywords = "Business psychology, Action planning, Action regulation theory, Entrepreneurship, Positive fantasies, Time, Entrepreneurship, Management studies",
author = "Michael Gielnik and Stefanie Barabas and Michael Frese and Rebecca Namatovu-Dawa and Florian Scholz and Juliane Metzger and Thomas Walter",
year = "2014",
month = nov,
day = "1",
doi = "10.1016/j.jbusvent.2013.09.002",
language = "English",
volume = "29",
pages = "755--772",
journal = "Journal of Business Venturing",
issn = "0883-9026",
publisher = "Elsevier B.V.",
number = "6",

}

RIS

TY - JOUR

T1 - A temporal analysis of how entrepreneurial goal intentions, positive fantasies, and action planning affect starting a new venture and when the effects wear off.

AU - Gielnik, Michael

AU - Barabas, Stefanie

AU - Frese, Michael

AU - Namatovu-Dawa, Rebecca

AU - Scholz, Florian

AU - Metzger, Juliane

AU - Walter, Thomas

PY - 2014/11/1

Y1 - 2014/11/1

N2 - The road from intentions to actions and new venture creation is long. So far, the literature has provided insights into action-regulatory factors that contribute to new venture creation. However, the literature has neglected to take into account the temporal dynamics underlying these relationships. We contribute to action-regulation theories in entrepreneurship by theorizing about and investigating how the effects of action-regulatory factors hold over time. We hypothesize that the action-regulatory factors of entrepreneurial goal intentions, positive fantasies, and action planning have combined effects on new venture creation. Furthermore, we hypothesize that these effects become weaker over time. To test our hypotheses, we studied 96 Ugandan entrepreneurs over 30. months. Our results supported our hypotheses. Action planning moderated the effects of entrepreneurial goal intentions and positive fantasies on new venture creation. Furthermore, the effects were significant in the beginning and wore off over time. Our study shows that including a time frame in theoretical models is important to derive valid conclusions from empirical results and to develop more precise theories.

AB - The road from intentions to actions and new venture creation is long. So far, the literature has provided insights into action-regulatory factors that contribute to new venture creation. However, the literature has neglected to take into account the temporal dynamics underlying these relationships. We contribute to action-regulation theories in entrepreneurship by theorizing about and investigating how the effects of action-regulatory factors hold over time. We hypothesize that the action-regulatory factors of entrepreneurial goal intentions, positive fantasies, and action planning have combined effects on new venture creation. Furthermore, we hypothesize that these effects become weaker over time. To test our hypotheses, we studied 96 Ugandan entrepreneurs over 30. months. Our results supported our hypotheses. Action planning moderated the effects of entrepreneurial goal intentions and positive fantasies on new venture creation. Furthermore, the effects were significant in the beginning and wore off over time. Our study shows that including a time frame in theoretical models is important to derive valid conclusions from empirical results and to develop more precise theories.

KW - Business psychology

KW - Action planning

KW - Action regulation theory

KW - Entrepreneurship

KW - Positive fantasies

KW - Time

KW - Entrepreneurship

KW - Management studies

UR - http://www.scopus.com/inward/record.url?scp=84907696706&partnerID=8YFLogxK

U2 - 10.1016/j.jbusvent.2013.09.002

DO - 10.1016/j.jbusvent.2013.09.002

M3 - Journal articles

VL - 29

SP - 755

EP - 772

JO - Journal of Business Venturing

JF - Journal of Business Venturing

SN - 0883-9026

IS - 6

ER -