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Can your network make you happy? Entrepreneurs' business network utilization and subjective well-being

Version 2 2024-06-13, 16:20
Version 1 2018-01-29, 12:32
journal contribution
posted on 2018-10-01, 00:00 authored by Alexander Newman, K F Mole, D Ucbasaran, N Subramanian, A Lockett
We draw on the conservation of resources theory to examine whether self-efficacy and resilience mediate the relationship between entrepreneurs' business network utilization and their subjective well-being. Using socioemotional selectivity theory, we then examine the extent to which the mediating effects become stronger as entrepreneurs age. An analysis of data collected from 335 entrepreneurs in India reveals that business networks help entrepreneurs build resilience and self-efficacy, which contribute to subjective well-being. Furthermore, we find that the relationship between business network utilization and subjective well-being strengthens as entrepreneurs age. Our findings attest to the importance of understanding how contextual resources in entrepreneurs' work environments influence their subjective well-being by enhancing their personal psychological resources.

History

Journal

British journal of management

Volume

29

Issue

4

Pagination

613 - 633

Publisher

John Wiley & Sons

Location

Chichester, Eng.

ISSN

1045-3172

eISSN

1467-8551

Language

eng

Publication classification

C Journal article; C1 Refereed article in a scholarly journal

Copyright notice

2017, British Academy of Management