Psychological Well-Being Sustainable during Entrepreneurial Process—The Moderating Role of Entrepreneurial Creativity
Chengchun Wang,
Norbert Mundorf and
Ann Salzarulo-McGuigan
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Chengchun Wang: College of Economics and Management, Nanjing University of Aeronautics and Astronautics, Nanjing 211106, China
Norbert Mundorf: College of Arts and Sciences, University of Rhode Island, Kingston, RI 02881, USA
Ann Salzarulo-McGuigan: College of Arts and Sciences, University of Rhode Island, Kingston, RI 02881, USA
Sustainability, 2021, vol. 13, issue 19, 1-14
Abstract:
Despite pitfalls during the entrepreneurial journey, entrepreneurship offers the opportunity to illuminate new ventures and preserve psychological well-being to sustain entrepreneurial development. From a dynamic perspective, this study discusses the early stage of the entrepreneurial process affecting student entrepreneurs’ psychological well-being and examines the moderating role of entrepreneurial creativity. By building a framework with the data of 1873 student entrepreneurs across 36 university business incubators in China involved in entrepreneurship activity, we found that entrepreneurial passion, alertness and intention had a positive correlation with entrepreneurs’ psychological well-being, but entrepreneurial action had the opposite effect. Entrepreneurial creativity positively moderated relationships between entrepreneurial action and students’ psychological well-being. This finding contributes to a full understanding of students’ psychological well-being on their entrepreneurial journey in the context of COVID-19 and eases the pressure of entrepreneurship by strengthening entrepreneurial creativity education.
Keywords: entrepreneurial process; entrepreneurial creativity; psychological well-being; student entrepreneurs (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:13:y:2021:i:19:p:10732-:d:644308
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