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Working passionately does not always pay off : the negative moderating role of passion on the relationship between deliberate practice and venture performance
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Park, S., Martina, R. A. and Smolka, Katrin M. (2019) Working passionately does not always pay off : the negative moderating role of passion on the relationship between deliberate practice and venture performance. In: Caputo, Andrea and Pellegrini, Massimiliano, (eds.) The Anatomy of Entrepreneurial Decisions. Contributions to Management Science . Springer, pp. 173-195. ISBN 9783030196844
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Official URL: http://dx.doi.org/10.1007/978-3-030-19685-1_8
Abstract
Deliberate practice, an iterative process that leads to expertise, is found to be positively associated with superior performance in domains such as sports, education, and entrepreneurship. At the same time, deliberate practice is also seen as being less than enjoyable and difficult to pursue consistently. As such, passion is considered to be a vital motivator of engagement in and maintenance of deliberate practice. Despite the evident importance of passion, the relationship between passion and deliberate practice in entrepreneurship has not been subject to sufficient empirical evaluation. Therefore, in this study, we consider the way in which passion moderates the relationship between deliberate practice and venture performance. We hypothesize that deliberate practice is positively related to venture performance and that passion positively moderates this relationship. We find support for our first hypothesis, in line with previous studies. However, contrary to our second hypothesis, we find that entrepreneurial passion negatively moderates the deliberate practice-venture performance relationship. In response to this finding, we provide possible explanations as to why this negative moderation effect was observed by drawing on Kolb’s experiential learning cycle.
| Item Type: | Book Item | ||||||||
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| Subjects: | H Social Sciences > HB Economic Theory H Social Sciences > HC Economic History and Conditions H Social Sciences > HF Commerce |
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| Divisions: | Faculty of Social Sciences > Warwick Business School > Entrepreneurship, Innovation & Management Faculty of Social Sciences > Warwick Business School |
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| Library of Congress Subject Headings (LCSH): | Entrepreneurship , Businesspeople, Success in business, Decision making | ||||||||
| Series Name: | Contributions to Management Science | ||||||||
| Publisher: | Springer | ||||||||
| ISBN: | 9783030196844 | ||||||||
| ISSN: | 1431-1941 | ||||||||
| Book Title: | The Anatomy of Entrepreneurial Decisions | ||||||||
| Editor: | Caputo, Andrea and Pellegrini, Massimiliano | ||||||||
| Official Date: | 2019 | ||||||||
| Dates: |
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| Page Range: | pp. 173-195 | ||||||||
| DOI: | 10.1007/978-3-030-19685-1_8 | ||||||||
| Publication Status: | Published | ||||||||
| Access rights to Published version: | Restricted or Subscription Access | ||||||||
| Related URLs: |
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