Entrepreneurial burnout: exploring antecedents, dimensions and outcomes

Purpose - The purpose of this paper is to conceptually and empirically explore the antecedents and consequences of entrepreneurial burnout - that is burnout related to the process of discovery or creation of attractive economic opportunities, the assessment of these opportunities, and the decision o...

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Bibliographic Details
Published in:Journal of research in marketing and entrepreneurship 2010-04, Vol.12 (1), p.71-79
Main Authors: Shepherd, C. David, Marchisio, Gaia, Morrish, Sussie C, Deacon, Jonathan H, Miles, Morgan P
Format: Article
Language:English
Subjects:
Arteriosclerosis
Burnout
Entrepreneurialism
Entrepreneurs
Entrepreneurship
Exploitation
Hypertension
Innovations
New Zealand
Occupations
Opportunity
Polls & surveys
Small & medium sized enterprises-SME
Stress
Studies
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Summary:Purpose - The purpose of this paper is to conceptually and empirically explore the antecedents and consequences of entrepreneurial burnout - that is burnout related to the process of discovery or creation of attractive economic opportunities, the assessment of these opportunities, and the decision on the exploitation of opportunities.Design methodology approach - This study is a survey of entrepreneurs in New Zealand who were alumni of a university sponsored executive development course for owner-managers of small- and medium-sized enterprises.Findings - It is found that role stress is positively related to burnout and that burnout has a negative impact on organizational commitment, organizational satisfaction, and relative perceived firm performance. In addition, implications for entrepreneurs are offered with the objective of providing suggestions to mediate the negative consequences of entrepreneurial burnout.Research limitations implications - The present study is limited by culture - the sample was drawn from New Zealand entrepreneurs; survivor bias - only successful owner-managers who self-selected for executive education were in the sampling frame; and the limits of the metrics. The first additional questions would be how widespread is the problem, and how does that vary by type of entrepreneurial endeavor? The secondary research priority concerns the antecedents of burnout in the entrepreneurial context.Practical implications - Entrepreneurial burnout may have significant social and economic costs that can be minimized with proper treatment and prevention.Originality value - Burnout has not been extensively explored in the context of entrepreneurs.
ISSN:1471-5201
1471-521X
DOI:10.1108/14715201011060894