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The Effects of Motivational Orientation on Entrepreneurial Well-Being

Dancker, Johannes Benjamin LU and Klyeisen, Michael LU (2020) ENTN19 20201
Department of Business Administration
Abstract
Different from the short-lived pleasure of hedonic well-being, eudaimonic well-being conceptualizes the often effortful but fulfilling nature of self-actualization. Eudaimonia has recently started to attract attention in entrepreneurship literature because it promises to reflect the specific attributes of entrepreneurial well-being.

This study sets out to apply the concept to the context of social entrepreneurship by examining the influence of the orientation of motivation on the nature of well-being derived from entrepreneurship. In alignment with a recent study providing evidence about the theoretical value of orientation of motivation, this exploratory study aims to investigate the mechanism behind the relation between the... (More)
Different from the short-lived pleasure of hedonic well-being, eudaimonic well-being conceptualizes the often effortful but fulfilling nature of self-actualization. Eudaimonia has recently started to attract attention in entrepreneurship literature because it promises to reflect the specific attributes of entrepreneurial well-being.

This study sets out to apply the concept to the context of social entrepreneurship by examining the influence of the orientation of motivation on the nature of well-being derived from entrepreneurship. In alignment with a recent study providing evidence about the theoretical value of orientation of motivation, this exploratory study aims to investigate the mechanism behind the relation between the orientation of motivation and well-being. The findings show that, on the one hand, other-oriented motivation, in comparison to self-oriented motivation, leads to a notably lower hedonic well-being due to high negative affect. On the other hand, other-oriented motivation leads to higher eudaimonic well-being, due to its multifaceted effect on the dimensions purpose in life and personal growth. We provide evidence to support the notion that other-oriented entrepreneurs are more willing to sacrifice short-lived hedonic wellbeing in exchange for a long-lasting sense of fulfillment. Lastly, this study underlines the relevance of the theoretical value of orientation of motivation as it allows a more nuanced perception of social entrepreneurial motivation. (Less)
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author
Dancker, Johannes Benjamin LU and Klyeisen, Michael LU
supervisor
organization
course
ENTN19 20201
year
type
H1 - Master's Degree (One Year)
subject
keywords
Entrepreneurial well-being, eudaimonic orientation of motivation, social entrepreneurship
language
English
id
9012745
date added to LUP
2020-06-15 09:16:25
date last changed
2020-06-15 09:16:25
@misc{9012745,
  abstract     = {{Different from the short-lived pleasure of hedonic well-being, eudaimonic well-being conceptualizes the often effortful but fulfilling nature of self-actualization. Eudaimonia has recently started to attract attention in entrepreneurship literature because it promises to reflect the specific attributes of entrepreneurial well-being.

This study sets out to apply the concept to the context of social entrepreneurship by examining the influence of the orientation of motivation on the nature of well-being derived from entrepreneurship. In alignment with a recent study providing evidence about the theoretical value of orientation of motivation, this exploratory study aims to investigate the mechanism behind the relation between the orientation of motivation and well-being. The findings show that, on the one hand, other-oriented motivation, in comparison to self-oriented motivation, leads to a notably lower hedonic well-being due to high negative affect. On the other hand, other-oriented motivation leads to higher eudaimonic well-being, due to its multifaceted effect on the dimensions purpose in life and personal growth. We provide evidence to support the notion that other-oriented entrepreneurs are more willing to sacrifice short-lived hedonic wellbeing in exchange for a long-lasting sense of fulfillment. Lastly, this study underlines the relevance of the theoretical value of orientation of motivation as it allows a more nuanced perception of social entrepreneurial motivation.}},
  author       = {{Dancker, Johannes Benjamin and Klyeisen, Michael}},
  language     = {{eng}},
  note         = {{Student Paper}},
  title        = {{The Effects of Motivational Orientation on Entrepreneurial Well-Being}},
  year         = {{2020}},
}