Anger and entrepreneurial persistence: The mediating role of the tendency to taking risks

Received:September 23, 2017  Revised:September 23, 2017

Key Words:  Anger; tendency to take risks; openness; entrepreneurial persistence

Author NameAffiliation
Guifeng Ding* Henan university 
Ning Chen Clarion University of Pennsylvania 
Li Zhang Henan University 
Xixi Gu Hofstra University 

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Abstract:
      Negative emotions are often related to withdrawal intentions. It therefore follows that negative emotions induced by entrepreneurial failure should decrease one’s intention to continue striving in their chosen entrepreneurial career. However, the Appraisal-Tendency Framework posits that anger, unlike other negative emotions, can reverse the relationship between negative emotions and action tendencies. We hypothesize that anger encourages people to strive, rather than exit, an entrepreneurial career after a business failure. Using a 2 (Emotion: Anger vs. Neutral) × 2 (Entrepreneurial performance: Failure vs. Not Failure) experimental design, we demonstrated that anger increases entrepreneurial persistence as opposed to the neutral condition (Study 1). More importantly, we found that anger promotes entrepreneurial persistence through the tendency to take risks, and the pattern holds for both college students (Study 2) and entrepreneurs (Study 3). Theoretical and practical implications are discussed.

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