Comparisons of entrepreneurial passion’s structure and its antecedents: latent profile analyses in China and South Korea

Jingjing Li (), Jian Zhang (), Justin Paul () and Jihui Du ()
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Jingjing Li: Beijing University of Technology
Jian Zhang: University of Science and Technology Beijing
Justin Paul: University of Puerto Rico
Jihui Du: University of Science and Technology Beijing

Asian Business & Management, 2022, vol. 21, issue 3, No 3, 373-395

Abstract: Abstract How to motivate entrepreneurial passion is an essential issue in entrepreneurship research. Although individual factors have been tested, national-level factors are overlooked. This study focuses on the national entrepreneurial environments in China and South Korea and employs a person-centred approach to identify the different types of entrepreneurs according to their passion level and structure and determine how entrepreneurial environments link to various profiles of entrepreneurial passion. The results showed that although non-passionate and explorative entrepreneurs exist in China and South Korea, expansive and mature entrepreneurs are unique in China, while conservative and growing entrepreneurs are unique to South Korea. To enhance entrepreneurial passion, the Chinese government should improve entrepreneurship education and training, and the South Korean government should provide better entrepreneurship policies and socioeconomic conditions.

Keywords: Entrepreneurial passion; Entrepreneurial environment; Latent profile analysis; China; South Korea (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (2)

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DOI: 10.1057/s41291-020-00140-0

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