Charles Murnieks

University of Missouri - Kansas City | UMKC · Department of Management

This article analyses the contingent factors which influence the relationship between entrepreneurial passion and venture profit. While research on entrepreneurial passion is burgeoning, studies that analyse contingent factors and boundary conditions surrounding entrepreneurial passion theory are sparse. Moreover, we know very little about how the...

This chapter delves into the identity–passion interface and examines how nuances in this relationship manifest in different outcomes. The construct of identity and how it relates to an individual’s self-concept is discussed to more fully understand how identity plays a central role in passion. We argue that identities serve as a foundation of an in...

Exhaustion is a prominent problem in entrepreneurship because it inhibits cognitive functioning, opportunity identification and evaluation, decision-making, and perseverance. We examine the possible benefits of sleep and mindfulness exercises in reducing the exhaustion experienced by entrepreneurs in the course of launching and growing ventures. Ac...

Research on passion is burgeoning in the entrepreneurial literature, yet we still know little about what factors drive entrepreneurial passion. Recognizing the socially embedded nature of entrepreneurship, we examine identity-related social forces that may fuel the fire of entrepreneurial passion. Employing a lagged design that controls for known a...

Passion is important to venture investors, but what specifically do they want entrepreneurs to be passionate about? This study theorizes that angel investors and venture capitalists consider both entrepreneurs' passion for activities related to the product or service the venture provides (i.e., product passion) and passion for founding and developi...

Entrepreneurial passion helps coordinate cognition and behavior of entrepreneurs, providing the fire that fuels innovation, persistence, and ultimate success. However, our knowledge of the sources of passion is limited and focuses primarily on activities predetermined by scholars, rather than those generated by entrepreneurs themselves. Using a phe...

Entrepreneurial identities and emotions can have profound effects on entrepreneurs. We examine how positive emotion (PE) among entrepreneurs may be influenced by the congruence they experience between their self-concept and the entrepreneur social identity. Given that uncertainty in the business environment can exert powerful effects throughout the...

Passion has been discussed in the popular press as a valuable driver for commitment, performance, and well-being. Although academics in disciplines such as philosophy, literature, and religious studies have touched on the concept historically, only in the early 21st century have comprehensive efforts in psychology become focused on developing nonro...

This paper offers an examination of the relationship between an entrepreneur's personality and angel investor evaluations of the management team of venture opportunities. The authors use the Five Factor Model of personality to investigate whether angels rate the management teams of investment opportunities differently, depending on the personality...

This chapter examines the role of affect, a general term that comprises emotions and moods, on entrepreneurial cognition. First, we define affect and provide a summary of theories and empirical research on it and its relation to cognition and behaviors. Following that, we review research on affect and entrepreneurial cognition. Affect is particular...

Psychological ownership is a powerful mental state through which social artifacts such as ideas, inventions, opportunities, and even firms become a part of an entrepreneur’s identity. The experience of owning a venture, however, is not the same for all individuals. While some entrepreneurs feel a passion for their business and see the venture as th...

Research surrounding how entrepreneurs identify opportunities focuses on the impact of affective valence on entrepreneurs' cognitive processes. Extending this body of research, we theorize how affective valence and affective activation work together to impact opportunity identification. We emphasize that to understand affective influences, both val...

This study examines the role of passion among entrepreneurs. In particular, the authors integrate identity theory with the literature surrounding passion to investigate the possible pathways through which entrepreneurial identities might influence passion, as well as the relationship between entrepreneurs' passion and behavior. Structural equation...

Investigating the factors that influence venture capital decision‐making has a long tradition in the management and entrepreneurship literatures. However, few studies have considered the factors that might bias an investment decision in a way that is idiosyncratic to a given investor–entrepreneur dyad. We do so in this study. Specifically, we build...

The literature concerning turnover has traditionally been composed of studies and analyses which assume that turnover rates are malleable, and can be reduced. We take the opposite position and contend that turnover rates for certain organizations are not variable, but rather remain fixed. Is it possible, then, to reduce the deleterious effects of t...

Operation Iraqi Freedom (OIF) represented a significant historical event for the U.S. Military. Enormous financial and human resources were committed to the reconstruction of the nation of Iraq during this endeavor. We draw from the experiences of the U.S. Military during OIF in an attempt to learn best practices for how to deal with high personnel...

Affective processes of individuals and teams at work are increasingly becoming acknowledged as important drivers of business decision-making processes and organizational behaviors. In particular, there has been an increasing interest in the notion of passion and its role in entrepreneurship. Business practitioners reckon that to stand even a chance...

This paper extends existing research surrounding entrepreneurial motivation by investigating entrepreneurial roles and entrepreneurial identities. We argue that these entities are critical elements within entrepreneurs' self-concepts that drive behavior. In two separate studies involving 225 non-entrepreneurs and 63 entrepreneurs, we examine both t...

With the globalization of business, a relevant question is how might people deal with others from fundamentally different backgrounds (cultural, ethnic, functional, etc.)? Many authors (Rhinesmith, 1992; Paul, 2000; Gupta & Govindarajan, 2002; Kefalas, 1998, just to mention a few) suggest that managers working in international contexts require a sp...

This article presents academic business research. The article examines the role of cognitive similarity in determining decision outcomes and as a decision bias. In particular, the authors analyze the decision making policies of a sampling of venture capitalists contemplating new ventures. An overview of the hypotheses development and methodology of...

Entrepreneurship scholars have examined the influence of various economic and sociological criteria on venture capitalists’ decisions to fund new ventures (Tyebjee & Bruno, 1984; Zacharakis & Meyer, 1998; Shepherd, 1999). These studies address a wide range of decision variables; however, noticeably absent is the consideration of psychological crite...