Stress Processes: An Essential Ingredient in the Entrepreneurial Process

Rauch, Andreas, Fink, Matthias and Hatak, Isabella (2018) Stress Processes: An Essential Ingredient in the Entrepreneurial Process. Academy of Management Perspectives, 32 (3). pp. 340-357. ISSN 1943-4529

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The entrepreneurial process is associated with high uncertainty. Uncertainty is also a major source of stress. Therefore, a core aim of entrepreneurs is to reduce uncertainty to an extent that allows the entrepreneurial process to unfold. However, entrepreneurship scholars have insufficiently addressed stress processes that may be associated with this uncertainty. We argue that uncertainty is the concept connecting both the entrepreneurial and stress processes. We discuss the link between the two processes regarding: (1) opportunity recognition, (2) opportunity exploitation, and (3) associated outcomes. We then illustrate how future research should incorporate the interaction between the two processes using a morphological box and discuss how such research would change the way we specify entrepreneurial process models and study entrepreneurial behavior.

Item Type: Journal Article
Keywords: entrepreneurial process, uncertainty, stress processes, burnout
Faculty: ARCHIVED Faculty of Arts, Law & Social Sciences (until September 2018)
Depositing User: Matthias Fink
Date Deposited: 12 Jul 2018 14:01
Last Modified: 09 Sep 2021 18:56

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