Increasing alertness to new opportunities: the influence of positive affect and implications for innovation

Ludvig Levasseur (), Jintong Tang (), Masoud Karami (), Lowell Busenitz () and K. Michele Kacmar ()
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Ludvig Levasseur: Indian Institute of Management Bangalore, Entrepreneurship Area
Jintong Tang: Saint Louis University
Masoud Karami: University of Otago
Lowell Busenitz: University of Oklahoma
K. Michele Kacmar: Texas State University

Asia Pacific Journal of Management, 2022, vol. 39, issue 1, No 2, 27-49

Abstract: Abstract Understanding how entrepreneurs’ positive affect influences firm innovation through the cognitive processes (e.g., entrepreneurial alertness to business opportunities) is important because emotions often impact evaluations and judgments of opportunities and (subsequent) firm engagement in innovative activities. Using data involving Iranian entrepreneurs, we find that (1) Tang, Kacmar, and Busenitz’s (2012) three alertness components unfold sequentially (i.e., information scanning and search leads to information association and connection which in turn leads to opportunity evaluation and judgment); (2) positive affect has a positive impact on all three alertness dimensions; and (3) evaluation and judgment impacts firm incremental innovation positively. Implications and future research directions are discussed.

Keywords: Positive affect; Entrepreneurial alertness; Innovation (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (6)

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DOI: 10.1007/s10490-020-09724-y

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