Journal Article

Entrepreneurial Passion: A Systematic Review and Research Opportunities

Lee, Younggeun, Herrmann, Pol

2021

Overview

In this paper, we conduct a systematic review on the topic of entrepreneurial passion. We summarize the empirical findings of studies based on the four major conceptualizations of passion: passion for work, the dualistic model of passion, entrepreneurial passion, and perceived passion. Moreover, we analyze 63 published papers in the literature and identify potential research opportunities in this area. First, research on the relationship between entrepreneurial passion and firm performance needs further examination; we need comprehensive and more nuanced studies on this relationship, focusing on diverse types of passion. Second, distinctive mechanisms based on different types of passion would enhance our understanding of how passion influences firm performance and other outcomes. Third, it is essential that future studies carefully match theoretical arguments and measurements, based on the frameworks of passion. Fourth, scholars should conduct empirical research on entrepreneurial passion in various cultural contexts. Fifth, theoretical justifications and contextual appropriateness for each framework of passion are critical to advance the literature. Lastly, scholars need to utilize unified terminologies of passion.

• Publisher: Small Business Institute
• Subject: Business income / Decision making / Employment / Entrepreneurs / Entrepreneurship / Small business / Systematic review