Focus on opportunities as a mediator of the relationship between business owner's age and venture growth
Research output: Journal contributions › Journal articles › Research › peer-review
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In: Journal of Business Venturing, Vol. 27, No. 1, 01.2012, p. 127-142.
Research output: Journal contributions › Journal articles › Research › peer-review
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TY - JOUR
T1 - Focus on opportunities as a mediator of the relationship between business owner's age and venture growth
AU - Gielnik, Michael
AU - Zacher, Hannes
AU - Frese, Michael
PY - 2012/1
Y1 - 2012/1
N2 - Combining upper echelons and lifespan theories, we investigated the mediating effect of focus on opportunities on the negative relationship between business owners' age and venture growth. We also expected that mental health moderates the negative relationship between business owners' age and focus on opportunities. Path analytic findings based on data from 84 business owners (mean age=44, range 24–74) supported these hypotheses. Findings suggest that focus on opportunities is a psychological mechanism that links business owners' age withventure growth. Our findings also indicate that mental health helps maintain a high level of focus on opportunities with increasing age.
AB - Combining upper echelons and lifespan theories, we investigated the mediating effect of focus on opportunities on the negative relationship between business owners' age and venture growth. We also expected that mental health moderates the negative relationship between business owners' age and focus on opportunities. Path analytic findings based on data from 84 business owners (mean age=44, range 24–74) supported these hypotheses. Findings suggest that focus on opportunities is a psychological mechanism that links business owners' age withventure growth. Our findings also indicate that mental health helps maintain a high level of focus on opportunities with increasing age.
KW - Business psychology
KW - Age
KW - Focus on opportunities
KW - Lifespan
KW - Mental health
KW - Venture growth
KW - Entrepreneurship
UR - http://www.scopus.com/inward/record.url?scp=81555201992&partnerID=8YFLogxK
U2 - 10.1016/j.jbusvent.2010.05.002
DO - 10.1016/j.jbusvent.2010.05.002
M3 - Journal articles
VL - 27
SP - 127
EP - 142
JO - Journal of Business Venturing
JF - Journal of Business Venturing
SN - 1873-2003
IS - 1
ER -