Laotian entrepreneurs’ optimism and new venture performance

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Shouming Chen
Zhiguo Liao
Tammi Redd
Sibin Wu
Cite this article:  Chen, S., Liao, Z., Redd, T., & Wu, S. (2013). Laotian entrepreneurs’ optimism and new venture performance. Social Behavior and Personality: An international journal, 41(8), 1267-1278.


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Research into entrepreneurial optimism and its impact on firm performance has produced inconsistent results. We analyzed 146 Laotian entrepreneurs and found that entrepreneurial optimism was positively related to their new venture performance. We also found that level of education and motivation moderated the relationship between entrepreneurs’ optimism and their new ventures. In our study we extended entrepreneurship research on optimism by investigating the relationship between entrepreneurial optimism and new venture performance in an emerging economy.

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