Entrepreneurial stress and long term survival: Is there a causal link?
Research output: Contributions to collected editions/works › Article in conference proceedings › Research › peer-review
Authors
This study explores the relationship between strain, performance, and survival of small-scale business owners. 201 business owners were observed across a 10 years period. We used a control theoretical
framework and argued that strain (psychosomatic complaints, suscepti
bility to stress) activates strategies that have positive effects on long-term survival and performance. Our research showed that
psychosomatic complaints have positive effects on survival. Moreover, psychosomatic complaints were not related to growth but related to dissatisfaction in cross sectional analyses. Finally, low satisfaction
was affecting susceptibility to stress. We conclude that while entrepreneurs may try to reduce stress reactions, owners need to proactively strive for desired goals at the same time.
framework and argued that strain (psychosomatic complaints, suscepti
bility to stress) activates strategies that have positive effects on long-term survival and performance. Our research showed that
psychosomatic complaints have positive effects on survival. Moreover, psychosomatic complaints were not related to growth but related to dissatisfaction in cross sectional analyses. Finally, low satisfaction
was affecting susceptibility to stress. We conclude that while entrepreneurs may try to reduce stress reactions, owners need to proactively strive for desired goals at the same time.
| Original language | English |
|---|---|
| Title of host publication | Frontiers of Entrepreneurship Research 2007 : Proceedings of the twenty-seven annual entrepreneurship research conference |
| Editors | A. Zacharakis, A. Alvarez, D.F. Kuratko, P. Westhead, M.S. Cardon, M. Maula, J. Wiklund, J.O. DeCastro, M. Minniti, M. Wright, G. George, S.D. Sarasvathy, S.A. Zhara, D.A. Shepherd |
| Number of pages | 9 |
| Publisher | Babson College |
| Publication date | 2007 |
| Pages | 100-108 |
| ISBN (print) | 0-910897-28-X, 978-0910897280 |
| Publication status | Published - 2007 |
| Externally published | Yes |
| Event | Annual Babson College Entrepreneurship Research Conference - BCERC 2007 - Instituto de Empresa Business SChool (IEBS), Madrid, Spain Duration: 07.06.2007 → 09.06.2007 Conference number: 27 |
- Business psychology