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Entrepreneurial passion: The difference between expert and novice entrepreneurs in the United States

Neal, Jonas (2020) Entrepreneurial passion: The difference between expert and novice entrepreneurs in the United States.

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Abstract:Entrepreneurial passion is „at the heart of entrepreneurship”. This quote from Melissa Cardon can be found in nearly every dissertation and scientific article about entrepreneurial passion. Entrepreneurial passion can be basically broken down into two dimensions, being “intense positive feelings” and “identity centrality“, and three domains, namely “passion for founding”, “passion for inventing”, “passion for developing”. Though there is already extensive research on the impacts of entrepreneurial passion, there is only few about its origins. This thesis examines whether entrepreneurial passion is influenced by an entrepreneur’s experience. The concept of entrepreneurial experience, which is differentiated between expert and novice entrepreneurs, shows that decision-making processes differ among entrepreneurs. But does this concept also influence entrepreneurial passion? The results of this thesis show that there is a significant positive relationship between entrepreneurial experience and entrepreneurial passion. This is also observed for each domain of entrepreneurial passion and indicates that experienced entrepreneurs tend to score higher for entrepreneurial passion than novice entrepreneurs do. The study made use of data which was collected for a similar study about entrepreneurship. The data was collected in the United States of America and involved entrepreneurs from different nationalities and states.
Item Type:Essay (Bachelor)
Faculty:BMS: Behavioural, Management and Social Sciences
Subject:85 business administration, organizational science
Programme:International Business Administration BSc (50952)
Link to this item:http://purl.utwente.nl/essays/81946
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