Dan K Hsu

North Dakota State University | NDSU

Entrepreneurial effort has been found to be an important predictor of entrepreneurial passion. The more effort one devotes to entrepreneurial activities, the more passionate one becomes. Our work, however, extends prior research by offering contrasting empirical evidence. Drawing on fit theory and the person-entrepreneurship fit perspective, we pro...

Purpose This study explores the role of polychronic temporal orientation and decision-making decentralization on founders' perceptions of entrepreneurial self-efficacy (ESE). Design/methodology/approach Longitudinal survey data were collected from 141 business founders in China. Findings Findings suggest that decision-making decentralization is p...

Opportunity identification is often considered the very first step in the entrepreneurial process, and is therefore frequently included in entrepreneurship education programs. In this paper, we examine a unique teaching method (IDEATE), rooted in experiential learning and aimed at developing novice learners’ skills for opportunity identification. U...

This research examines a prevailing yet understudied phenomenon—a cofounder's unethical pro-venture behavior. We identify two antecedents - psychological ownership and equity ownership of a cofounder. Data collected from 139 cofounders show a curvilinear relationship between psychological ownership and unethical pro-venture behavior. More interesti...

This study adapts an existing methodology in psychology to assess congruence relationships in entrepreneurship management. More specifically, it describes the application of a response surface method to examine the congruence effect of two predictor variables on an outcome variable. The study presents both visual and text presentations to serve as...

Entrepreneurs play multiple roles in their daily lives, and these roles can influence their decisions. Yet we know little about how entrepreneurs respond to simultaneous influences from different domains. We examine how entrepreneurs’ persistence decisions are jointly influenced by owner role pressure, family role pressure, and community role press...

In this exploratory study, we examined the extent to which practicing entrepreneurs regret entering entrepreneurship, the antecedents of regret, and the impact this has on their exit intentions. While business underperformance can stimulate regret, regretful thinking can also be stimulated by other variables related to well-being such as health and...

While extant literature generally suggests a positive relationship between entrepreneurial self-efficacy and entrepreneurial intention, several moderators have been identified – suggesting possible boundary conditions on that relationship. This paper introduces perceived person-entrepreneurship fit to entrepreneurship and shows that it moderates th...

We incorporate psychological ownership theory and adversity literature to examine the joint effect of psychological ownership and adversity on entrepreneurs' persistence decision. The results of two experiments and one survey show that both low adversity and high psychological ownership for the venture increase entrepreneurs' likelihood of persiste...

Purpose The purpose of this paper is to examine how family support affects challenge and hindrance appraisals, which in turn, influence entrepreneurs’ venture exit intention drawing on the challenge-hindrance job stressor model, family support, and the venture exit literature. Design/methodology/approach An experimental study (Study 1) was conduct...

While empirical data clearly show that women are underrepresented among entrepreneurs, the causes of this gap are entirely not clear. This article explores one potential cause: that women might be less likely to act on their entrepreneurial intentions. Building on Ajzen’s theory of planned behaviour, we propose that intentions predict start-up beha...

We identify and examine an important but overlooked group of entrepreneurs – individuals who have started one or more business ventures in the past but are currently employed in established organizations. We label these individuals as ‘organizationally employed former entrepreneurs’ (OEFEs). Our goal is to provide insight into the factors affecting...

This paper develops and tests a model of an individual's intention to reenter entrepreneur-ship following business exit. Two long-standing theories, prospect theory and self-efficacy, seem to develop opposite predictions in this context. To reconcile these conflicting predictions , we theorize a moderating model and test the boundary conditions of...

This article discusses the current and potential application of experimental methods to the study of entrepreneurship phenomena. Drawing on a review of experimental studies in entrepreneurship research, we discuss the advantages and disadvantages of experimental research designs for entrepreneurship research as a primer for those interested but not...

Endeavors by entrepreneurs to manage the connections between business and family can manifest in many behaviors and decisions. Entrepreneurs may curtail their family life for their business or modify their business involvement for their family. The processes at this interface between business and family may affect the entrepreneur's intention to ex...

The question why some entrepreneurs self-select out of entrepreneurial careers following exits from successful and failed businesses is of growing interest to entrepreneurship scholars.Using two studies and Regulatory Fit Theory as the theoretical lens, we address this question. Study 1 uses the experimental vignette methodology to test whether bus...

Under what circumstance will entrepreneurs reenter entrepreneurship after prior entrepreneurial experience? To date, the literature on serial entrepreneurs tells us that prior start-up experiences increase entrepreneurial intentions (Krueger, 1993). This is clearly puzzling and inconsistent with Social Cognitive Theory (SCT) (Bandura, 1986), which...

Prior studies have examined the importance of economic, strategic, and human factors to decision policies of angel investors and venture capitalists. As more angels professionalize into angel funds and as markets for technologies and ideas become more competitive, it is becoming more important to compare their decision policies with those of ventur...

This paper examines why some individuals who started their ventures before would continue to pursue a subsequent entrepreneurial opportunity. I adopt the psychological ownership perspective and argue that some entrepreneurs reentered entrepreneurship after prior business exit because of their psychological ownership feelings for their prior venture...

Recent studies have started to note the impact of psychological factors on business exit (DeTienne, Shepherd, & De Castro, 2008; DeTienne, 2010). For instance, psychological ownership, defined as the feeling that an object, or at least a part of it, is “mine (Pierce, Kostova, & Dirks, 2001: 299),” has been acknowledged to delay entrepreneurs’ exit...