Nhuong Bui Huy, Mai Thi Thu Le, Ngoc Lan Nguyen, Susie Cox, Thuy Thi Thanh Pham and Mai Thi Thanh Bui
This study aims to investigate whether personal values can moderate the relationship between entrepreneurs’ job demands and their well-being.
Abstract
Purpose
This study aims to investigate whether personal values can moderate the relationship between entrepreneurs’ job demands and their well-being.
Design/methodology/approach
The data from an email survey involving 307 entrepreneurs in the two largest cities in Vietnam were analysed.
Findings
The analysis results indicated that the values of self-transcendence, openness to change and self-enhancement, which were identified as personal resources in this study, can help entrepreneurs maintain positive well-being even when they face challenging job demands in their business ventures. In contrast, conservation values reinforce the negative influence of job demands on their well-being.
Practical implications
Practically, entrepreneurs are encouraged to develop certain personal values, and policymakers should endorse these values through policy proposals and amendments that facilitate entrepreneurship through education and reduced bureaucracy.
Originality/value
This study further extends Conservation of Resources theory based on the mechanism that entrepreneurs use their personal values as resources to mitigate the negative impacts of the job demands of entrepreneurship on their well-being.
Details
Keywords
Nhuong Huy Bui, Ngoc Lan Nguyen and Mai Thi Thu Le
Applying the broaden-and-build theory, this paper aims to examine the effect of entrepreneurial wellbeing (EWB) on the opportunity recognition (OpR) ability and how it changes…
Abstract
Purpose
Applying the broaden-and-build theory, this paper aims to examine the effect of entrepreneurial wellbeing (EWB) on the opportunity recognition (OpR) ability and how it changes over entrepreneurial stages.
Design/methodology/approach
This study was based on the survey data of 307 entrepreneurs in Vietnam, which is an emerging market with full support for entrepreneurship by the government.
Findings
The results indicated that EWB has a salient effect on the OpR ability of entrepreneurs. Besides, in the later stages of the entrepreneurial process, EWB increases in its importance toward the ability to recognize potential business opportunities.
Originality/value
This study contributes to EWB and entrepreneurship research by providing theoretical and empirical evidence of wellbeing as a crucial psychological resource in entrepreneurship. Besides, this study uncovers the dynamic nature of entrepreneurship by analyzing when EWB can produce higher levels of entrepreneurs’ OpR along entrepreneurial stages.