The relationship between psychological capital, entrepreneurial ability, and entrepreneurial performance of digital entrepreneurs

Xu Ren Niu
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Xu Ren Niu: Asia Metropolitan University, Malaysia.

International Journal of Science and Business, 2023, vol. 23, issue 1, 106-119

Abstract: As a positive psychological resource possessed by individuals, psychological capital can effectively resist the double impact of the new crown epidemic and entrepreneurial pressure on digital entrepreneurs. Therefore, it is of great significance to pay attention to the level of psychological capital of digital entrepreneurs. The purpose of this thesis reviews and summarizes the relevant literature on digital entrepreneurship and psychological capital and finds that the psychological capital of digital entrepreneurs refers to the ability of digital entrepreneurs to positively influence when they encounter certain special events (such as the emergence of new digital technologies or opportunities). In this model, digital entrepreneurship ability is used as an intermediary variable. Research design based on exploratory factor analysis, confirmatory factor analysis and Pears on correlation analysis were used to test the reliability and validity of the questionnaire, and hypothesis testing was carried out by constructing structural equation model and bootstrap method. The findings and results obtained show that most of the hypotheses proposed in this thesis are supported by data and verified by methods. The main research implications and conclusions are as follows: (1) The psychological capital of digital entrepreneurs significantly and positively affects entrepreneurial performance; (2) The psychological capital of digital entrepreneurs significantly and positively affects entrepreneurial performance ; Capital positively affects digital entrepreneurial ability ; (3) Digital entrepreneurial ability has a significant positive relationship with entrepreneurial performance ; ( 4 ) Digital entrepreneurial ability plays a partial mediating role between digital entrepreneurial psychological capital and entrepreneurial performance ; (5) environmental dynamism plays a significant positive moderating role between psychological capital and digital entrepreneurial ability, and between digital entrepreneurial ability and entrepreneurial performance .

Keywords: Psychological resource; psychological capital; entrepreneurial ability; entrepreneurial performance; digital entrepreneurs (search for similar items in EconPapers)
Date: 2023
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