Passionate Entrepreneurs Improvise More With Their Resources – And That Helps Them Stay Afloat



: Stenholm Pekka, Renko Maija

: 2013

: Babson College Entrepreneurship Research Conference

: http://www.babson.edu/Academics/centers/blank-center/bcerc/Pages/home.aspx


In this study we investigate the previously unexplored relationships between entrepreneurial passion, bricolage, and entrepreneurial survival. In a sample of 2,746 Finnish entrepreneurs who started new businesses between 2005–2010, we find higher levels of both entrepreneurial passion and bricolage among those, whose businesses were still surviving in the end of 2011. Further, our analyses reveal that passionate entrepreneurs are more likely to engage in bricolage and, combined, the affective state of passion and the “make-do” behaviors of bricolage help entrepreneurs keep their businesses going.



Last updated on 2024-26-11 at 13:34