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Passionate Today, Passionate Tomorrow? Examining the Self-Enhancing and Self-Regulating Effects of Passion

Title data

Streeb, Mirjam ; Baum, Matthias ; Gielnik, Miachael M. ; Schack, Mayleen:
Passionate Today, Passionate Tomorrow? Examining the Self-Enhancing and Self-Regulating Effects of Passion.
2024
Event: 44th Babson College Entrepreneurship Research Conference (BCERC) , 05.-08.06.2024 , TUM Entrepreneurship Research Institute Munich, Germany.
(Conference item: Conference , Speech with paper )

Abstract in another language

Passion –“a strong inclination toward an activity that people like, that they find important, and in which they invest time and energy” (Vallerand et al., 2003, p. 757) is recognized as a valuable resource (De Clercq & Belausteguigoitia, 2019; Stevenson et al., 2023) that benefits entrepreneurs in many ways (Newman et al., 2021). Indeed, a burgeoning body of research examines how entrepreneurs can make best use of their harmonious and obsessive passion as valuable resources during their journey, helping them –for instance– to attract co-founders and stimulating business creation (Fu et al., 2022; Gielnik et al., 2017; Murnieks et al., 2016).
However, previous studies paint quite an ambivalent picture of how passion develops. Whereas traditional research considered passion to be a rather stable asset (Newman et al., 2021; Pollack et al., 2020), recent research suggests that passion develops over time (Bredehorst et al., 2023; Collewaert et al., 2016; Gielnik et al., 2015, 2017; Lex et al., 2022). The dualistic model of passion predicts that passion’s development depends on the type of passion. While a harmonious passion emerges from autonomous regulation, an obsessive passion arises from controlled and pressured internalization (Vallerand et al., 2003).
We move forward from this basic assumption and establish a theoretical model for the development of the passion resource. We adopt a passion-as-a-resource perspective by blending the dualistic perspective on passion and the conservation of resources theory (Hobfoll, 1989). The conservation of resources theory (Halbesleben et al., 2014; Hobfoll et al., 2018) emphasizes the key role of the current resource endowment for subsequent resource building. In line, we introduce the current passion level as a boundary condition of passion’s development. Specifically, we put forth the notion of a self-enhancing effect in the development of obsessive passion, driven by the interplay between experiences of competence satisfaction and competence frustration, in conjunction with the prevailing level of obsessive passion. In contrast, we propose a self-regulating effect for the development of harmonious passion, arising from the interplay of competence satisfaction and frustration experiences with the current level of harmonious passion. The term "self-enhancing" denotes that obsessive passion reinforces itself; as the current level increases, its subsequent development becomes more robust. Conversely, "self-regulating" implies that a higher level of harmonious passion weakens its subsequent development, similar to a negative feedback loop in which. In this way, our model explains the mechanisms of how prior harmonious and obsessive passion levels impact subsequent passion development differently according to the two types of passion.

Further data

Item Type: Conference item (Speech with paper)
Refereed: Yes
Institutions of the University: Faculties > Faculty of Law, Business and Economics > Department of Business Administration > Chair Business Administration XVI > Chair Business Administration XVI - Univ.-Prof. Dr. Matthias Baum
Result of work at the UBT: Yes
DDC Subjects: 300 Social sciences > 330 Economics
Date Deposited: 11 Jun 2024 08:37
Last Modified: 11 Jun 2024 08:37
URI: https://eref.uni-bayreuth.de/id/eprint/89727