129
Views
0
CrossRef citations to date
0
Altmetric
Research Article

Entrepreneurial competencies influence subjective well-being of subsistence entrepreneurs: Examining the mediating role of business performance

ORCID Icon, ORCID Icon, &

References

  • Ahmad, N. H., Wilson, C., & Kummerow, L. (2011). Assessing the dimensionality of business success: The perspectives of Malaysian SME owner-managers. Journal of Asia-Pacific Business, 12(3), 207–224. https://doi.org/10.1080/10599231.2011.586855
  • Alvarez, S. A., Barney, J. B., & Newman, A. M. B. (2015). The poverty problem and the industrialization solution. Asia Pacific Journal of Management, 32(1), 23–37. https://doi.org/10.1007/s10490-014-9397-5
  • Alvarez, S. A., & Busenitz, L. W. (2001). The entrepreneurship of resource–based theory. Journal of Management, 27(6), 755–775. https://doi.org/10.1177/014920630102700609
  • Asadullah, M. N., & Chaudhury, N. (2012). Subjective well-being and relative poverty in rural Bangladesh. Journal of Economic Psychology, 33(5), 940–950. https://doi.org/10.1016/j.joep.2012.05.003
  • Audiumlapu, V. (2018, July 20). Start up village entrepreneurship programme, vikaspedia. https://vikaspedia.in/social-welfare/entrepreneurship/start-up-village-entrepreneurship-programme-national-rural-livelihood-mission
  • Barney, J. (1991). Firm resources and sustained competitive advantage. Journal of Management, 17(1), 99–120. https://doi.org/10.1177/014920639101700108
  • Barney, J. B. (2001). Resource-based theories of competitive advantage: A ten-year retrospective on the resource-based view. Journal of Management, 27(6), 643–650. https://doi.org/10.1177/014920630102700602
  • Bhuiyan, M. F., & Ivlevs, A. (2019). Micro-entrepreneurship and subjective well-being: Evidence from rural Bangladesh. Journal of Business Venturing, 34(4), 625–645. https://doi.org/10.1016/J.JBUSVENT.2018.09.005
  • Binder, M. (2014). Subjective well-being capabilities: Bridging the gap between the capability approach and subjective well-being research. Journal of Happiness Studies, 15(5), 1197–1217. https://doi.org/10.1007/s10902-013-9471-6
  • Bird, B. (2019). Toward a theory of entrepreneurial competency. In J. A. Katz & A. C. Corbet (Eds.), Seminal Ideas for the Next Twenty-Five Years of Advances (Advances in Entrepreneurship, Firm Emergence and Growth) (Vol. 21, pp. 115–131). Emerald Publishing Limited. https://doi.org/10.1108/S1074-754020190000021011
  • Bradley, S. W., McMullen, J. S., Artz, K., & Simiyu, E. M. (2012). Capital is not enough: Innovation in developing economies. Journal of Management Studies, 49(4), 684–717. https://doi.org/10.1111/j.1467-6486.2012.01043.x
  • Brislin, R. W. (1970). Back-translation for cross-cultural research. Journal of Cross-Cultural Psychology, 1(3), 185–216. https://doi.org/10.1177/135910457000100301
  • Bruton, G. D., Ahlstrom, D., & Si, S. (2015). Entrepreneurship, poverty, and Asia: Moving beyond subsistence entrepreneurship. Asia Pacific Journal of Management, 32(1), 1–22. https://doi.org/10.1007/s10490-014-9404-x
  • Bruton, G. D., Ketchen, D. J., & Ireland, R. D. (2013). Entrepreneurship as a solution to poverty. Journal of Business Venturing, 28(6), 683–689. https://doi.org/10.1016/j.jbusvent.2013.05.002
  • Chandler, G. N., & Hanks, S. H. (1994). Founder competence, the environment, and venture performance. Entrepreneurship: Theory& Practice, 18(3), 77–89. https://doi.org/10.1177/104225879401800306
  • Chandler, G. N., & Jansen, E. (1992). The Founder’s self-assessed competence and venture performance. Journal of Business Venturing, 7(3), 223–236. https://doi.org/10.1016/0883-9026(92)90028-P
  • Chatterjee, I., Shepherd, D. A., & Wincent, J. (2022). Women’s entrepreneurship and well-being at the base of the pyramid. Journal of Business Venturing, 37(4), 106222. https://doi.org/10.1016/J.JBUSVENT.2022.106222
  • Cheng, M., Andrew, R. D., & David, R. M. (2003). The differing faces of managerial competency in Britain and America. Journal of Management Development, 22(6), 527–537. https://doi.org/10.1108/02621710310478495
  • Chin, W. W., Thatcher, J. B., Wright, R. T., & Steel, D. (2013). Controlling for common method variance in PLS analysis: The measured latent marker variable approach. In H. Abdi, W. Chin, V. Esposito Vinzi, G. Russolillo, & L. Trinchera (Eds.), New perspectives in partial least squares and related methods (Vol. 56, pp. 231–239). Springer. https://doi.org/10.1007/978-1-4614-8283-3_16
  • Chliova, M., Brinckmann, J., & Rosenbusch, N. (2015). Is microcredit a blessing for the poor? A meta-analysis examining development outcomes and contextual considerations. Journal of Business Venturing, 30(3), 467–487. https://doi.org/10.1016/j.jbusvent.2014.10.003
  • Cleaver, F. (2005). The inequality of social capital and the reproduction of chronic poverty. World Development, 33(6), 893–906. https://doi.org/10.1016/j.worlddev.2004.09.015
  • Dean, A., & Indrianti, N. (2020). Transformative service research at the subsistence: The case of Etawa Goat Farmers in Indonesia. Journal of Services Marketing, 34(5), 665–681. https://doi.org/10.1108/JSM-07-2019-0251
  • Deci, E. L., & Ryan, R. M. (2000). The ‘what’ and ‘why’ of goal pursuits: Human needs and the self-determination of behavior. Psychological Inquiry, 11(4), 227–268. https://doi.org/10.1207/S15327965PLI1104_01
  • DeMartino, R., & Barbato, R. (2003). Differences between women and men MBA entrepreneurs: Exploring family flexibility and wealth creation as career motivators. Journal of Business Venturing, 18(6), 815–832. https://doi.org/10.1016/S0883-9026(03)00003-X
  • Diener, E. (2009). Assessing subjective well–being: Progress and OpportunitiesIn. Assessing Well-Being: The Collected Works ofEd Diener Social Indicators Research Series, 39, 101–102. https://doi.org/10.1007/978-90-481-2354-4
  • Diener, E., Wirtz, D., Tov, W., Kim-Prieto, C., Choi, D. W., Oishi, S., & Biswas-Diener, R. (2010). New well-being measures: Short scales to assess flourishing and positive and negative feelings. Social Indicators Research, 97(2), 143–156. https://doi.org/10.1007/s11205-009-9493-y
  • Dolan, C., & Rajak, D. (2016). Remaking Africa’s informal economies: Youth, entrepreneurship and the promise of inclusion at the bottom of the pyramid. The Journal of Development Studies, 52(4), 514–529. https://doi.org/10.1080/00220388.2015.1126249
  • FAul, F., Erdfelder, E., Buchner, A., & Lang, A. G. (2009). Statistical power analyses using G*Power 3.1: Tests for correlation and regression analyses. Behavior Research Methods, 41(4), 1149–1160. https://doi.org/10.3758/BRM.41.4.1149
  • Findsrud, R., Tronvoll, B., & Edvardsson, B. (2018). Motivation: The missing driver for theorizing about resource integration. Marketing Theory, 18(4), 493–519. https://doi.org/10.1177/1470593118764590
  • Fornell, C., & Larcker, D. F. (1981). Evaluating structural equation models with unobservable variables and measurement error. Journal of Marketing Research, 18(1), 39–50.
  • Hair, J. F., Howard, M. C., & Nitzl, C. (2020). “Assessing measurement model quality in PLS-SEM using confirmatory composite analysis. Journal of Business Research, 109, 101–110. https://doi.org/10.1016/j.jbusres.2019.11.069
  • Hartmann, S., Backmann, J., Newman, A., Brykman, K. M., & Pidduck, R. J. (2022). Psychological resilience of entrepreneurs: A review and agenda for future research. Journal of Small Business Management, 60(5), 1041–1079. https://doi.org/10.1080/00472778.2021.2024216
  • Hayton, J. C., & Kelley, D. J. (2006). A competency-based framework for promoting corporate entrepreneurship james. Human Resource Management, 45(1), 127–145. https://doi.org/10.1002/hrm.20118
  • Hazlina Ahmad, N., Ramayah, T., Wilson, C., & Kummerow, L. (2010). Is entrepreneurial competency and business success relationship contingent upon business environment?: A Study of Malaysian SMEs. International Journal of Entrepreneurial Behaviour & Research, 16(3), 182–203. https://doi.org/10.1108/13552551011042780
  • Henseler, J., Ringle, C. M., & Sarstedt, M. (2015). A new criterion for assessing discriminant validity in variance-based structural equation modeling. Journal of the Academy of Marketing Science, 43(1), 115–135. https://doi.org/10.1007/s11747-014-0403-8
  • Jaikumar, S., Singh, R., & Sarin, A. (2018). ‘I show off, so I Am well off’: Subjective economic well-being and conspicuous consumption in an emerging economy. Journal of Business Research, 86(March 2017), 386–393. https://doi.org/10.1016/j.jbusres.2017.05.027
  • Khavul, S., Bruton, G. D., & Wood, E. (2009). Informal family business in Africa. Entrepreneurship: Theory and Practice, 33(6), 1219–1238. https://doi.org/10.1111/j.1540-6520.2009.00342.x
  • Kock, N. (2015). Common method bias in PLS-SEM: A full collinearity assessment approach. International Journal of E-Collaboration (IjeC), 11(4), 1–10. https://doi.org/10.4018/ijec.2015100101
  • Kock, N., & Hadaya, P. (2018). Minimum sample size estimation in PLS-SEM: The inverse square root and gamma-exponential methods. Information Systems Journal, 28(1), 227–261. https://doi.org/10.1111/isj.12131
  • Kumar, A., Kumra, R., & Singh, R. (2022a). Base of the pyramid producers’ constraints: An integrated review and research agenda. Journal of Business Research, 140, 115–129. https://doi.org/10.1016/j.jbusres.2021.11.046
  • Kumar, A., Kumra, R., & Singh, R. (2022b). Drivers, barriers, and facilitators of entrepreneurship at bop: Review, conceptual framework and research agenda. Journal of Macromarketing, 42(3), 381–413. https://doi.org/10.1177/02761467221088257
  • Kuratko, D. F., Hornsby, J. S., & Naffziger, D. W. (1997). An examination of owner’s goals in sustaining entrepreneurship. Journal of Small Business Management, 35(1), 24–33.
  • Linssen, R., van Kempen, L., & Kraaykamp, G. (2011). Subjective well-being in Rural India: The curse of conspicuous consumption. Social Indicators Research, 101(1), 57–72. https://doi.org/10.1007/s11205-010-9635-2
  • Love, I., Nikolaev, B., & Dhakal, C. (2023). The well-being of women entrepreneurs: The role of gender inequality and gender roles. Small Business Economics, 62(1), 325–352. https://doi.org/10.1007/s11187-023-00769-z
  • Man, T. W. Y., & Lau, T. (2000). Entrepreneurial competencies of SME Owner/Managers in the Hong Kong services sector: A qualitative analysis. Journal of Enterprising Culture, 8(3), 235–254. https://doi.org/10.1142/S0218495800000139
  • Man, T. W. Y., Lau, T., & Chan, K. F. (2002). The competitiveness of small and medium enterprises: A conceptualization with focus on entrepreneurial CompetenciesJournal of business venturing. Journal of Business Venturing, 17(2), 123–142. https://doi.org/10.1016/S0883-9026(00)00058-6
  • Man, T. W. Y., Lau, T., & Snape, E. (2008). Entrepreneurial competencies and the performance of small and medium enterprises: An investigation through a framework of competitiveness. Journal of Small Business & Entrepreneurship, 21(3), 257–276. https://doi.org/10.1080/08276331.2008.10593424
  • Marlino, D. L., & Wilson, F. (2003). Teen girls on business: Are they being empowered? Simmons College School of Management.
  • Martin, K. D., & Hill, R. P. (2012). Life satisfaction, self-determination, and consumption adequacy at the bottom of the pyramid. Journal of Consumer Research, 38(6), 1155–1168. https://doi.org/10.1086/661528
  • Martin, K. D., & Hill, R. P. (2015). Saving and well-being at the base of the pyramid: Implications for transformative financial services delivery. Journal of Service Research, 18(3), 405–421. https://doi.org/10.1177/1094670514563496
  • Mason, K., Chakrabarti, R., & Singh, R. (2013). What are bottom of the pyramid markets and why do they matter? Marketing Theory, 13(3), 401–404. https://doi.org/10.1177/1470593113489193
  • Mitchell, R. K., Busenitz, L., Lant, T., McDougall, P. P., Morse, E. A., & Smith, J. B. (2002). Toward a theory of entrepreneurial cognition: Rethinking the people side of entrepreneurship research. Entrepreneurship Theory and Practice, 27(2), 93–104. https://doi.org/10.1111/1540-8520.00001
  • Moran, P., & Ghoshal, S. (1999). Markets, firms, and the process of economic development. The Academy of Management Review, 24(3), 390–412. https://doi.org/10.2307/259133
  • Morris, M. H., Neumeyer, X., Jang, Y., & Kuratko, D. F. (2018). Distinguishing types of entrepreneurial ventures: An identity-based perspective. Journal of Small Business Management, 56(3), 453–474. https://doi.org/10.1111/jsbm.12272
  • Morris, M. H., & Tucker, R. (2023). The entrepreneurial mindset and poverty. Journal of Small Business Management, 61(1), 102–131. https://doi.org/10.1080/00472778.2021.1890096
  • Murphy, G. B., Jeff, W. T., & Robert, C. H. (1996). Measuring performance in entrepreneurship research. Journal of Business Research, 36(1), 15–23. https://doi.org/10.1016/0148-2963(95)00159-X
  • Nikolaev, B., Boudreaux, C. J., & Wood, M. (2020). Entrepreneurship and subjective well-being: The mediating role of psychological functioning. Entrepreneurship: Theory and Practice, 44(3), 557–586. https://doi.org/10.1177/1042258719830314
  • Parthiban, R., Jaikumar, S., Basak, J., & Bandyopadhyay, S. (2022). Digital access through smartphones and well-being of BoP women: Insights from a field study in India. Information Technology and People, 35(1), 1–26. https://doi.org/10.1108/ITP-10-2019-0552
  • Penrose, E. (1959). The theory of the growth of the firm. Wiley.
  • Rahman, S. A., Ahmad, N. H., & Taghizadeh, S. K. (2016). Entrepreneurial competencies of BoP entrepreneurs in Bangladesh to achieve business success. Journal of General Management, 42(1), 45–63. https://doi.org/10.1177/030630701604200104
  • Rahman, S. A., Amran, A., Ahmad, N. H., & Khadijeh Taghizadeh, S. (2019). The Contrasting role of government and NGO support towards the entrepreneurs at base of pyramid and effect on subjective wellbeing. Journal of Small Business & Entrepreneurship, 31(4), 269–295. https://doi.org/10.1080/08276331.2018.1498261
  • Rahman, S. A., Amran, A., Ahmad, N. H., & Taghizadeh, S. K. (2015). Supporting entrepreneurial business success at the base of pyramid through entrepreneurial competencies. Management Decision, 53(6), 1203–1223. https://doi.org/10.1108/MD-08-2014-0531
  • Rahman, S. A., Amran, A., Ahmad, N. H., & Taghizadeh, S. K. (2016). Enhancing the wellbeing of base of the pyramid entrepreneurs through business success: The role of Private organizations. Social Indicators Research, 127(1), 195–216. https://doi.org/10.1007/s11205-015-0951-4
  • Sánchez, J. C. (2013). The impact of an entrepreneurship education program on entrepreneurial competencies and intention. Journal of Small Business Management, 51(3), 447–465. https://doi.org/10.1111/jsbm.12025
  • Santos, S. C., Neumeyer, X., & Morris, M. H. (2019). Entrepreneurship education in a poverty context: An empowerment perspective. Journal of Small Business Management, 57(S1), 6–32. https://doi.org/10.1111/JSBM.12485
  • Sarstedt, M., Hair, J. F., Cheah, J. H., Becker, J. M., & Ringle, C. M. (2019). How to specify, estimate, and validate higher-order constructs in PLS-SEM. Australasian Marketing Journal, 27(3), 197–211. https://doi.org/10.1016/j.ausmj.2019.05.003
  • Sarstedt, M., Hair, J. F., Pick, M., Liengaard, B. D., Radomir, L., & Ringle, C. M. (2022). Progress in partial least squares structural equation modeling use in marketing research in the last decade. Psychology & Marketing, 39(5), 1035–1064. https://doi.org/10.1002/mar.21640
  • Sen, A. (2000). Devleopment as freedom. Oxford University Press.
  • Slade Shantz, A., Kistruck, G., & Zietsma, C. (2018). The opportunity not taken: The occupational identity of entrepreneurs in contexts of poverty. Journal of Business Venturing, 33(4), 416–437. https://doi.org/10.1016/j.jbusvent.2018.02.003
  • Sridharan, S., Maltz, E., Viswanathan, M., & Gupta, S. (2014). Transformative subsistence entrepreneurship: A study in India. Journal of Macromarketing, 34(4), 486–504. https://doi.org/10.1177/0276146714529659
  • Strebler, M., Robinson, D., & Heron, P. (1997). Getting the best out of competencies. Institute of Employment Studies Report.
  • Sutter, C., Bruton, G. D., & Chen, J. (2019). Entrepreneurship as a solution to extreme poverty: A review and future research directions. Journal of Business Venturing, 34(1), 197–214. https://doi.org/10.1016/j.jbusvent.2018.06.003
  • Toledo-López, A., Díaz-Pichardo, R., Jiménez-Castañeda, J. C., & Sánchez-Medina, P. S. (2012). Defining success in subsistence businesses. Journal of Business Research, 65(12), 1658–1664. https://doi.org/10.1016/j.jbusres.2012.02.006
  • Venkatraman, N., & Ramanujam, V. (1986). Measurement of business performance in strategy research: A comparison of approaches. Academy of Management Review, 11(4), 801–814. https://doi.org/10.2307/258398
  • Venugopal, S., & Viswanathan, M. (2017). The subsistence marketplaces approach to poverty: Implications for marketing theory. Marketing Theory, 17(3), 341–356. https://doi.org/10.1177/1470593117704282
  • Venugopal, S., & Viswanathan, M. (2021). Negotiated agency in the face of consumption constraints: A study of women entrepreneurs in subsistence contexts. Journal of Public Policy and Marketing, 40(3), 336–353. https://doi.org/10.1177/0743915620953821
  • Viswanathan, M., Echambadi, R., Venugopal, S., & Sridharan, S. (2014). Subsistence entrepreneurship, value creation, and community exchange systems: A social capital explanation. Journal of Macromarketing, 34(2), 213–226. https://doi.org/10.1177/0276146714521635
  • Viswanathan, M., Sridharan, S., Ritchie, R., Venugopal, S., & Jung, K. (2012). Marketing interactions in subsistence marketplaces: A bottom-up approach to designing public policy. Journal of Public Policy and Marketing, 31(2), 159–177. https://doi.org/10.1509/jppm.11.049
  • Walker, E., & Brown, A. (2004). What success factors are important to small business owners? International Small Business Journal, 22(6), 577–594. https://doi.org/10.1177/0266242604047411
  • Wiklund, J. (1999). The sustainability of the entrepreneurial orientation—performance relationship. Entrepreneurship Theory and Practice, 24(1), 37–48. https://doi.org/10.1177/104225879902400103
  • Wiklund, J., Nikolaev, B., Shir, N., Foo, M. D., & Bradley, S. (2019). Entrepreneurship and well-being: past, present, and future. Journal of Business Venturing, 34(4), 579–588. https://doi.org/10.1016/J.JBUSVENT.2019.01.002

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.