What Makes Entrepreneurs Happy? Determinants of Satisfaction Among Founders

By Martin A. Carree, I. Verheul. 2012

198 citations recorded by the source corpus.

This study empirically investigates factors influencing satisfaction levels of founders of new ventures, using a representative sample of 1,107 Dutch founders. We relate entrepreneurial satisfaction (with income, psychological burden and leisure time) to firm performance, motivation and human capital. Founders with high levels of specific human capital are more satisfied with income than those with high levels of general human capital. Intrinsic motivation and that of combining responsibilities lowers stress and leads to more satisfaction with leisure time. Women are more satisfied with their income than men, even though they have a lower average monthly turnover.

Subfields: Accounting, Economics and Econometrics, Management of Technology and Innovation

View Paper: https://www.semanticscholar.org/paper/ac1f00619cd714a89ed3cfc195c81b0dae048a2b

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

1. Marjan Gorgievski
2. Ute Stephan
3. M. van Veldhoven

In Economics and Econometrics

1. Marjan Gorgievski
2. Ute Stephan

In Management of Technology and Innovation

1. Ute Stephan
2. Marjan Gorgievski
3. M. van Veldhoven
4. Josette Dijkhuizen
5. René Schalk
6. O. Fatoki
7. J. Moriano
8. F. Liñán

Citations in the corpus

• How Satisfied are the Self-Employed? A Life Domain View (2015, unknown): “These findings can be related to a study of Dutch entrepreneurs whose satisfaction with leisure time was negatively associated with firm performance and positively with the motivation to combine work- and life-balance (Carree and Verheul 2012, p. 381).”
• Well-Being, Personal Success and Business Performance Among Entrepreneurs: A Two-Wave Study (2018, background): “These studies mainly have used cross-sectional designs (e.g. Carree and Verheul 2012; Dijkhuizen et al. 2015; Gorgievski et al. 2014), and therefore no firm conclusions can be drawn as concerns the bi-directionality of the relationships or length of the time lags.”
• Entrepreneurs’ Mental Health and Well-Being: A Review and Research Agenda (2018, background): “In a cross-sectional study, those entrepreneurs whose firms were performing well experienced lower well-being and leisure satisfaction, although they were highly satisfied with their income (Carree & Verheul, 2012).”