Cardiff University | Prifysgol Caerdydd ORCA
Online Research @ Cardiff 
WelshClear Cookie - decide language by browser settings

Balancing entrepreneurial need satisfaction and passion for venture success

Kadile, Vita, Katsikeas, Constantine S. and Robson, Matthew J. ORCID: https://orcid.org/0000-0001-8642-9980 2026. Balancing entrepreneurial need satisfaction and passion for venture success. International Journal of Entrepreneurial Behavior & Research 32 (7) , 1859–1889. 10.1108/ijebr-05-2024-0462

[thumbnail of Balancing_Entrepreneurial_Need_Satisfaction_and_Passion_for_Venture_Success.pdf]
Preview
PDF - Accepted Post-Print Version
Available under License Creative Commons Attribution.

Download (489kB) | Preview

Abstract

Purpose: The purpose of this paper is to investigate how the satisfaction of entrepreneurs' psychological needs affects venture growth beliefs and perceived financial performance under conditions of harmonious and obsessive passion. Design/methodology/approach: Through the integration of self-determination theory and the dualistic model of passion, a research framework is developed and quantitatively tested among 255 Latvian small- and medium-sized enterprise entrepreneurs, as well as replicated among 205 Russian entrepreneurs, with the utilization of EQS and SPSS software. Findings: We reveal that satisfaction of entrepreneurial psychological needs facilitates the emergence of positive venture growth beliefs, which in turn improves financial performance. Additionally, harmonious passion positively moderates the link between entrepreneurial need satisfaction and venture growth beliefs, while obsessive passion negatively conditions the relationship of entrepreneurial need satisfaction with perceived financial performance. Research limitations/implications: This research is limited by the cross-sectional design of the study and the self-reported nature of the construct measurements. Practical implications: The results can help entrepreneurs reflect on whether their need satisfaction at work is high enough to productively make venture-related decisions, act upon identified opportunities and expand their business horizons, as well as encourage them to be more passionate yet balanced in their entrepreneurial efforts. Originality/value: Scant research attention has been given to the examination of how satisfaction of psychological needs affects entrepreneurial attitudes, beliefs and actions, and in turn, firm performance. This research responds to a call for more studies on cognitive and behavioral entrepreneurship.

Item Type: Article
Date Type: Publication
Status: Published
Schools: Schools > Business (Including Economics)
Additional Information: RRS policy applied
Publisher: Emerald
ISSN: 1355-2554
Date of First Compliant Deposit: 10 August 2026
Date of Acceptance: 11 May 2026
Last Modified: 10 Aug 2026 14:00
URI: https://orca.cardiff.ac.uk/id/eprint/187994

Actions (repository staff only)

Edit Item Edit Item

Downloads

Downloads per month over past year

View more statistics