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Surviving the emotional rollercoaster called entrepreneurship: The role of emotion regulation
Institution:1. Center for Business Design and Innovation, Antwerp Management School, Boogkeers 5, BE-2000 Antwerpen, Belgium;2. Department of Management, Tilburg University, P.O. box 90153, 5000 LE Tilburg, the Netherlands;3. Department of Management, Technology and Economics, ETH Zurich, Weinbergstrasse 56-58, 8092 Zurich, Switzerland;1. Kelley School of Business, Indiana University, Bloomington, IN 47405, USA;2. Stern School of Business, New York University, New York, NY 10012, USA;3. Alberta School of Business, University of Alberta, Edmonton, AB T6G 2R6, Canada;1. Department of Economics and Business, Universitat Pompeu Fabra, Barcelona GSE, Barcelona School of Management, Ramon Trias Fargas, 25-27, E-08005 Barcelona, Spain;2. Department of Accountancy, Tilburg University, Warandelaan 2, 5037 AB Tilburg, the Netherlands;1. ETH Zurich, Department of Management, Technology, and Economics, Weinbergstrasse 56/58, 8092 Zurich, Switzerland;2. University of Oldenburg, Department of Business Administration, Economics, and Law, Ammerlaender Heerstr. 114-118, 26129 Oldenburg, Germany
Abstract:The entrepreneurial journey is often experienced as an emotional rollercoaster, but we know very little about how entrepreneurs can ride it most effectively to increase their ventures' chances of survival. We investigate how entrepreneurs' habitual use of cognitive reappraisal and expressive suppression – two well-established types of emotion regulation – impact on the likelihood of their venture surviving. Drawing on a sample of 183 technology ventures, we find that both regulation types are generally associated with a lower survival likelihood, but that these effects depend on the venture's performance. Our study contributes to the literatures on emotions and new venture survival in entrepreneurship and to the emotion regulation literature.
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