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Satisfaction with Life as an Entrepreneur: From Early Volition to Eudaimonia

Nadav Shir, Johan Wiklund, Srikant Manchiraju

Research output: Contribution to journalArticlepeer-review

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Abstract

This study explores how being satisfied with one’s life as an entrepreneur is a crucial ethical and psychological outcome of early volition and, subsequently, a vital resource in the development of a richer eudaimonic experience from entrepreneurship. We develop and test our predictions based on two independent datasets: American and Swedish business owners and early stage entrepreneurs. We argue and demonstrate that satisfaction with life as an entrepreneur conveys a distinct state of entrepreneurial well-being and constitutes a crucial self-evaluation which mediates the effects of early volition in entrepreneurship on long-term eudaimonia. We contribute to the emerging conversations on entrepreneurship, business ethics, and well-being.

Original languageEnglish
Pages (from-to)777-798
Number of pages22
JournalJournal of Business Ethics
Volume199
Issue number4
Early online date15 Oct 2024
DOIs
Publication statusPublished - 31 Jul 2025

Data Availability Statement

The data that support the findings of this study are available from the authors upon reasonable request.

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 3 - Good Health and Well-being
    SDG 3 Good Health and Well-being

Keywords

  • Autonomy
  • Entrepreneurial life satisfaction
  • Entrepreneurial well-being
  • Entrepreneurship
  • Ethics
  • Eudaimonia
  • Freedom
  • Gender
  • Psychological well-being
  • Volition

ASJC Scopus subject areas

  • Business and International Management
  • General Business,Management and Accounting
  • Arts and Humanities (miscellaneous)
  • Economics and Econometrics
  • Law

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