The Impact of Social Support on Entrepreneurial Well-being: The Role of Entrepreneurial Passion and Entrepreneurial Efficacy

Abstract

Drawing upon social cognition theory and social support theory, this study investigates the impact of social support on entrepreneurial well-being. Using a valid sample of 228 entrepreneur respondents who are supported by Youth Business China (YBC), this study provides compelling evidence regarding the following key findings: Firstly, family support has a significantly positive impact on entrepreneurs’ entrepreneurial well-being. Partner support significantly and positively affects entrepreneurs’ subjective well-being, although it does not significantly impact objective well-being. The positive impact of social support from institutions on entrepreneurial well-being is not significant. Secondly, partner support and institutional support have significant positive impacts on entrepreneurial passion. However, family support does not exhibit a significant positive effect on positive emotions. Instead, it significantly contributes to entrepreneurial identity. Thirdly, entrepreneurial passion demonstrates a significantly positive impact on entrepreneurial well-being. Fourthly, entrepreneurship passion plays a mediating role between social support and entrepreneurial well-being. Finally, entrepreneurial efficacy positively moderates the relationship between social support and entrepreneurial passion. The study culminates with practical implications for entrepreneurs and policymakers in entrepreneurial practices.

Cite this work

No public copy is stored for this record, so only the metadata is cited.

Stored only when both papers are in the corpus — 14 citations exist upstream.

Papers that cite the same references — the relational fallback while embeddings are still backfilling.