Browsing by Author "Kautonen, Teemu"
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Item Can prosocial motivation harm entrepreneurs' subjective well-being?(2019) Kibler, Ewald; Wincent, Joakim; Kautonen, Teemu; Cacciotti, Gabriella; Obschonka, MartinEntrepreneurship research on prosocial motivation has outlined its positive impact on well-being, but still little is known about its power, which may have deleterious personal consequences under certain conditions. In this study, we ask whether prosocial motivation can harm entrepreneurs' subjective well-being when they run a commercial venture. Embedded within a contingency perspective informed by self-determination theory, we build on longitudinal survey data to explain the effect of prosocial motivation on entrepreneurs' overall life satisfaction. Our analysis demonstrates that prosocial motivation has a negative effect on entrepreneurs' life satisfaction due to increased levels of stress. However, our findings show that the negative effect of prosocial motivation dissipates when perceived autonomy at work is high compared to when it is low. Overall, our research raises questions on the role of prosocial motivation for entrepreneurs' subjective well-being and, in particular, discusses its potential “dark side” in the context of commercial entrepreneurship.Item Do They Mind the Gap? The Role of Founders in Organizational Pay Dispersion(2023) Chliova, Myrto; Cacciotti, Gabriella; Kautonen, TeemuThis study adds to the emergent stream of work examining the micro-level antecedents of pay dispersion by focusing on how business founders’ personal characteristics influence pay dispersion in their organizations. We leverage stakeholder theory and the motivated information processing perspective to predict pathways between founders’ self- versus other-oriented motivations, their perceptions of employee and shareholder salience, and pay dispersion in their organizations. We test our hypotheses on data from a two-wave survey of founders. We find that a high level of motivation to benefit others on the part of a founder reduces the salience of shareholder concerns in decision-making, which in turn reduces pay dispersion. In contrast, a high level of motivation to benefit oneself heightens the salience of shareholder concerns in decision-making, increasing pay dispersion. Our results inform the debate on pay dispersion by elucidating the role played by founders’ self-versus other-oriented motivations and stakeholder salience perceptions.Item Implementation intentions in the entrepreneurial process: concept, empirical findings, and research agenda(2017) Gelderen, Marco van; Kautonen, Teemu; Wincent, Joakim; Biniari, MarinaPrior studies find sizable gaps between entrepreneurial intentions and subsequent actions. We extend models of entrepreneurial intentions by drawing on action phase theory to better understand how entrepreneurial intentions translate into actions. Our study focuses on the effects of implementation intentions on taking entrepreneurial action. The analysis uses two waves of survey data on 422 individuals, from the Swedish general population, who had an explicit interest in starting a business and who reported on their actions 6 months later. We test and find support for a moderated mediation model in which implementation intentions mediate the effects of goal intentions on taking entrepreneurial action. We further find the mediated effect to be even stronger for those confirming a strong intention to start a new business. We provide an in-depth discussion of the concept of implementation intention and an extensive research agenda.Item Job burnout and work engagement in entrepreneurs: How the psychological utility of entrepreneurship drives healthy engagement(2023) Obschonka, Martin; Pavez, Ignacio; Kautonen, Teemu; Kibler, Ewald; Salmela-Aro, Katariina; Wincent, JoakimWhat is the real value of entrepreneurship? We propose a framework of psychological utility by integrating Job Demands-Resources (JD-R) theory with a recovery approach from a personal agency perspective. We hypothesize that personal agency together with the positive JD-R pattern of entrepreneurship generates outstanding psychological utility, which maintains and rewards a healthy, strong work engagement that spills over to off-work time. This benefits entrepreneurs, but also their businesses reliant on strong work engagement that avoids burnout. We validate our framework by means of panel data comprising four waves (348 entrepreneurs and 1002 employees), where we also analyze different types of entrepreneurs.Item Mindfulness and Taking Action to Start a New Business(2018) van Helderen, Marco; Kibler, Ewald; Muñoz, Pablo; Vincent, Joakim; Kautonen, TeemuMindfulness, meaning a receptive attention to and awareness of present events and experience, is reported to have a wide range of benefits, but it has been suggested that it could prove costly in terms of task performance. This article analyzes how dispositional mindfulness relates to taking entrepreneurial action. Based on two waves of survey data, we find that mindful individuals are less likely to engage in entrepreneurial action than less mindful individuals, but when they do start to act, they take as many actions as individuals who score low on trait mindfulness, and even more if they have entrepreneurial experience.Item Senior entrepreneurship following unemployment: a social identity theory perspective(2021) Soto‑Simeone, Aracely; Kautonen, TeemuThis article applies social identity theory to examine how identifcation with social groups shapes the entrepreneurial endeavours of individuals aged 50 or over who start businesses when unemployed or under threat of redundancy. Understanding what drives older individuals to start a business as an alternative to unemployment has important policy implications: governments are interested in promoting self-employment to reduce benefts dependence among older individuals for whom fnding employment in the traditional labour market can be difcult. Our exploratory analysis is based on data collected in 21 personal interviews with senior entrepreneurs in the UK who received support from an organisation dedicated to foster enterprising activity among older unemployed people. Our fndings suggest that income levels beyond making ends meet is not an important motive for starting a business among this demographic group. Instead, our data highlight the relevance of non-monetary self-rewards—such as pursuit of autonomy, self-realisation, and wanting to feel active, useful and valuable—for senior entrepreneurs who start businesses under adverse conditions. This fnding resonates with the European Commission’s policy of promoting ‘active ageing’. Our analysis indicates non-monetary objectives should be included in any conceptualisation of self-interest in an entrepreneurial context.Item The dark side of sustainability orientation for SME performance(2020) Kautonen, Teemu; Schillebeeckx, Simon J.D.; Gartner, Johannes; Hakala, Henri; Salmela-Aro, Katariina; Snellman, KirsiThis article examines how a firm’s willingness to make trade-offs that favour sustainability over commercial goals attenuates the relationship between firm-level sustainability orientation and subsequent performance. The hypothesis development draws on stakeholder theory and the literature on mission and revenue drifts, while the empirical analysis is based on two waves of original survey data on Finnish manufacturing SMEs. We find that sustainability orientation is positively associated with performance only when the willingness to make sustainability trade-offs is low, whereas the relationship becomes negative when the willingness to make such trade-offs is high. Our findings thus suggest that the popular adage of doing well by doing good might only hold if doing good does not conflict with business interests. The results add to stakeholder theory by showing how conforming to stakeholder expectations can be good for business – but only if doing so does not seriously compromise the pursuit of profitsPublication The role of passion diversity, compassion, and self‑compassion for team entrepreneurial passion(2023) Ginting‑Szczesny, Bernadetta A.; Kibler, Ewald; Cardon , Melissa S.; Kautonen, Teemu; Hakala, HenriPassion among entrepreneurial teams can contribute to team performance; yet we still have little understanding of the determinants of team passion. Drawing from the literature on social emotions, we theorize and empirically examine the influence of compassion and self-compassion of team members on the shared team entrepreneurial passion (TEP). Using an original sample of 326 individuals from 107 venture teams, we provide novel evidence that, in addition to team passion diversity, compassion and self-compassion significantly relate to TEP. Specifically, we demonstrate that compassion and self-compassion contribute to polyfocal TEP, which is more beneficial for team outcomes than monofocal TEPItem To Buy Green or Not to Buy Green: Do Structural Dependencies Block Ecological Responsiveness?(2020) Schillebeeckx, Simon J. D.; Kautonen, Teemu; Hakala, HenriDespite the significant increase in interest in sustainable business practices, decisions on switching to more environmentally friendly input materials are understudied. In a conjoint experiment, we presented 267 Finnish manufacturing firms with an opportunity to acquire an alternative, more ecological input material and investigated their willingness to switch to that materia l. We find that in general, firms are willing to substitute their current principal input with a more ecological alternative under conditions of functional parity. However, such willingness is contingent on the firm’s value creation structures. Specifically, if the products and processes driving the firm’s value creation rely more on tangible materials (high materiality), firms anticipate higher input-switching costs, which leads to inertia and slows the adoption of alternative, environmentally friendlier inputs. However, if a firm’s value creation is driven more by intangible assets, like intellectual property and amortizable development costs, input-switching costs appear lower. Such firms not only find it easier to adopt ecological inputs but may also derive greater benefit from leveraging the positive reputation effects associated with ecological improvements. By exploring how willingness to switch to an alternative input material is constrained by organizational structures, our findings contribute to research on input substitution and theories of external influence, like demand-side research, stakeholder theory, and ecological responsiveness.Item Trust-based banking and SMEs’ access to credit(2020) Kautonen, Teemu; Fredriksson, Antti; Minniti, María; Moro, AndreaAccess to credit is crucial for SMEs’ survival. However, due to the opaqueness of publicly available information on SMEs, banks face information asymmetry that can cause them to ration credit. In this case, trust has been shown to facilitate credit access by bridging the information gap. We contribute to the literature on trust-based banking by using new data to add robustness to extant results, and by discussing two important and still overlooked venues requiring further research. Using two waves of original survey data on 160 Finnish SMEs, our results support findings from prior studies by showing a robust positive relationship between trust and credit access (measured one year apart). We also find support for the hitherto assumed but not explicitly tested substitutability of trust and formal information: trust matters but only when formal information for assessing the SME’s creditworthiness is insufficient. We then identify a future research agenda by highlighting that we do not yet know how banks use qualitative factors such as trust to make lending decisions, nor whether the common implicit assumption of symmetric trust between borrower and lender is realistic. Finally, we discuss how these overlooked areas of research have important theoretical and practical applications.