Psychological capital and the entrepreneurial performance of migrant workers: intermediary role of entrepreneurial opportunity identification

Hongyu Ma, Yongmei Carol Zhang, Federico Guillermo Topolansky Barbe and Mark Stuart

China Agricultural Economic Review, 2024, vol. 17, issue 2, 303-324

Abstract: Purpose - There is a pressing need for research on the difference in entrepreneurial performance influenced by the integration of migrant workers’ psychological capital and entrepreneurial opportunity identification. In addition, there is limited research on the association of entrepreneurial performance with different dimensions of psychological capital and how these dimensions affect the entrepreneurial performance of migrant workers. This research will partially address this gap in knowledge by assessing the influence of psychological capital and entrepreneurial opportunity identification on the entrepreneurial performance of migrant workers in China. Design/methodology/approach - This paper conducts a theoretical analysis of psychological capital, entrepreneurial opportunity identification and entrepreneurial performance and proposes a theoretical model of entrepreneurial opportunity identification acting as the intermediary role between psychological capital and the entrepreneurial performance of migrant workers. Based on the data collected from 899 rural households in Shaanxi Province, a structural equation model and a bootstrap method are used to verify the association between psychological capital, entrepreneurial opportunity identification and entrepreneurial performance. Findings - Both entrepreneurial opportunity identification and psychological capital are conducive to the improvement of entrepreneurial performance. However, the entrepreneurial opportunity identification is found to exert a more significant impact on the entrepreneurial performance of migrant workers than psychological capital does. Findings have also revealed that the intermediary role of entrepreneurial opportunity identification is more prominent in the relationship between adventure and innovation and the entrepreneurial performance of migrant workers than that of self-confidence and optimism and entrepreneurial performance of migrant workers. Originality/value - Based on the results of empirical analysis, the paper proposes corresponding policy recommendations for guiding migrant workers to capitalize on their psychological capital, identify entrepreneurial opportunities, weigh up entrepreneurial risks and ultimately improve their entrepreneurial performance.

Keywords: Psychological capital; Entrepreneurial opportunity recognition; Entrepreneurial performance; Migrant workers; China (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.emerald.com/insight/content/doi/10.110 ... d&utm_campaign=repec (text/html)
https://www.emerald.com/insight/content/doi/10.110 ... d&utm_campaign=repec (application/pdf)
Access to full text is restricted to subscribers

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eme:caerpp:caer-01-2024-0001

DOI: 10.1108/CAER-01-2024-0001

Access Statistics for this article

China Agricultural Economic Review is currently edited by Dr Fu Qin, Dr Jikun Huang, Dr Kevin Z Chen, Dr Weiming Tian, Prof Daniel Sumner, Prof Xian Xin and Prof Holly Wang

More articles in China Agricultural Economic Review from Emerald Group Publishing Limited
Bibliographic data for series maintained by Emerald Support ().