At the heart of things: the impact of life-partners on entrepreneurs' psychological capital Online publication date: Thu, 05-May-2022
by Ben Bulmash
International Journal of Entrepreneurship and Small Business (IJESB), Vol. 45, No. 4, 2022
Abstract: Given the uncertainties and challenges faced by entrepreneurs, psychological capital is now considered a leading factor in entrepreneurial longevity and success. However, since psychological capital has traditionally been considered a dispositional attribute, little attention has been given to the external factors that influence it. Based on the idea that psychological capital is a state rather than a trait, this study sought to test the association between life-partners' support and strain and entrepreneurs' mental states of optimism, pessimism, and self-esteem, which are three key psychological capital components. The interaction between life-partner support and strain was also examined. Results suggest that while both life-partner support and strain are linked to entrepreneur psychological capital, low levels of support result in the least favourable mental states, suggesting a support-buffering effect. This study provides important implications for all who are involved in entrepreneurial activities.
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