Examining perceived entrepreneurial stress: a causal interpretation through cross-lagged panel study
Affiliation
American University of Ras Al KhaimahLeeds Beckett University
University of Bedfordshire
Majan University College
Issue Date
2020-12-22Subjects
structural equation modelingperceived entrepreneurial stress
cross-lagged panel study
open innovation
resource-based theory
stressors
psychological capital
emerging markets
Subject Categories::C811 Occupational Psychology
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The entrepreneurial stress construct’s nomological validity is not well established as past studies have not delineated between entrepreneurial and employee stress. This study investigated several entrepreneurship-specific stressors positing their causal effect on perceived entrepreneurial stress (PES). It examined four directional hypotheses testing the causal, reverse, reciprocal relationships and moderation effects between stressors and PES. Further, it looked at the moderating impact of psychological capital. More than 300 entrepreneurs in emerging markets, namely India, Pakistan, and the United Arab Emirates, participated in this longitudinal study (Time 1 n = 325, Time 2 n = 310). The study adopted a cross-lagged competing model research design and analyzed the data using structural equation modeling (SEM). The results show that entrepreneurship-specific personal, social, and occupational stressors cause PES. Further, the results also support the reverse causal effect of PES on stressors and a reciprocal relationship. The study advances resource-based theory to an entrepreneurial background, highlighting the role of intangible resource gaps in perceived entrepreneurial stress. The study concludes that entrepreneurship-specific intangible resources are useful to entrepreneurs at personal, social, and occupational levels. An actual or perceived loss of these resources may lead to perceived entrepreneurial stress. Furthermore, PES can interfere with the entrepreneurial capacity for innovation over time. Psychological capital can be an effective coping response as a moderator of perceived entrepreneurial stress’ adverse effects. This is one of the first studies that examines PES in an emerging market context, specific to entrepreneurial employment.Citation
Arshi T, Kamal Q, Burns P, Tewari V, Rao V (2021) 'Examining perceived entrepreneurial stress: a causal interpretation through cross-lagged panel study', Journal of Open Innovation: Technology, Market, and Complexity, 7 (1), pp.1-17.Publisher
MDPIAdditional Links
https://www.mdpi.com/2199-8531/7/1/1Type
ArticleLanguage
enEISSN
2199-8531ae974a485f413a2113503eed53cd6c53
10.3390/joitmc7010001
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