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THE RELATIONSHIP BETWEEN ENTREPRENEUR PSYCHOLOGICAL CAPITAL AND WELL-BEING

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Job Satisfaction and Organizational Behavior Entrepreneurship Studies and Influences Workaholism, burnout, and well-being

Abstract

The current study investigated the relationship between the psychological capital and work tension of entrepreneurs on their level of job satisfaction using a national (United States) random sample of 144 founders who were the top management team leaders of their new ventures. As expected, the findings demonstrate a positive relationship between psychological capital and job satisfaction and a negative relationship between work tension and job satisfaction. Also in alignment with our predictions, psychological capital was found to reduce the negative effects of work tension on job satisfaction. As such, it appears that the development of psychological capital within entrepreneurs may help them to build resistance against the wide range of psychological stressors that they inherently face while leading their new ventures.

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1999Self-Efficacy: The Exercise of Control 1988Entrepreneurs' Perceived Chances for Success 1999Resilience comes of age: Reflections on the past and outlook for the next generation of research.2005Creating Something from Nothing: Resource Construction Through Entrepreneurial Bricolage 1995Launching new ventures: an entrepreneurial approach

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