What Makes Entrepreneurs Happy? Psychological Flexibility and Entrepreneurs' Satisfaction

Joeri van Hugten, Zainab-Noor el Hejazi, Jacqueline Brassey, Johanna Vanderstraeten, Nele Cannaerts, Ellen Loots, Wim Coreynen and Arjen van Witteloostuijn

Journal of Business Venturing Insights, 2021, vol. 16, issue C

Abstract: This paper investigates entrepreneurs' satisfaction. We conceptually replicate and extend Carree and Verheul’s (2012) Dutch study on the drivers of entrepreneurs' satisfaction with data from Belgian entrepreneurs. Thus, we respond to the need to replicate more in the (social) sciences, including entrepreneurship studies. The ‘extension’ aspect contributes novel theoretical understanding and empirical explanatory power of entrepreneurs' satisfaction. Specifically, the paper introduces psychological flexibility as an important new predictor of entrepreneurs' satisfaction. Indeed, we provide evidence that entrepreneurs with greater psychological flexibility are, on average, more satisfied.

Keywords: Satisfaction; Entrepreneurs; Psychological flexibility (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jobuve:v:16:y:2021:i:c:s235267342100041x

DOI: 10.1016/j.jbvi.2021.e00263

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