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Passion and uncertainty in successful entrepreneurial action

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conference contribution
posted on 2024-07-09, 20:33 authored by Rosemary FisherRosemary Fisher, Janice Langan-Fox
This research seeks to explore how, when and why obsessive passion is good for business. It is argued that successful entrepreneurial action requires entrepreneurs have an obsessive passion for their business. It is the obsessive nature of their passion that makes the entrepreneur willing to accept the perceived uncertainty inherent in entrepreneurship and contributes to successful entrepreneurial action. Thus obsessive passion is a necessary but insufficient determinant of entrepreneurial success. However obsessive passion has a dark side and those entrepreneurs exhibiting self-reflection and insight are able to moderate the less adaptive outcomes of their obsessive passion.

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ISBN

9780980332858

Conference name

6th AGSE International Entrepreneurship Research Exchange. Regional Frontiers of Entrepreneurship Research 2009.

Pagination

10 pp

Publisher

Swinburne University of Technology

Copyright statement

This paper Copyright © 2009 Rosemary Fisher and Janice Langan-Fox. Proceedings Copyright © 2009 Australian Graduate School of Entrepreneurship. Paper is reproduced with the permission of the AGSE.

Language

eng

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