Rebecca J. Franklin
Dec 31, 2015
Citations
0
Influential Citations
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Citations
Quality indicators
Journal
Frontiers of entrepreneurship research
Abstract
Entrepreneurs operate in uncertain environments in which there are many demands on their time and attention. Furthermore, they must be able to effectively pursue long-term goals in order to be successful in their entrepreneurial endeavors. This study investigates the self-regulatory factor known as grit – perseverance and passion for long-term goals, and a construct from the field of family systems known as differentiation of self. Structural equation modeling is used to examine the extent to which these constructs, along with subjective well-being, are positively associated with entrepreneurial performance and success. Results indicate that differentiation of self and subjective well-being are positively related to grit, and grit and subjective well-being are positively associated with both career success and firm performance.