Abstract
The act of entrepreneurship typically confers ‘distinctiveness’. However, in satisfying the psychological need to be distinct, entrepreneurs may at the same time foster a psychological deficit in feelings of belonging, leading to diminished psychological wellbeing. Investigating this potential trade-off through the lens of Optimal Distinctiveness Theory, we develop and model strategies appropriate for managing multiple identities, offering an explanation for why some entrepreneurs are able to balance distinctiveness and belonging, fostering psychological well-being, while others are unable to do so and experience entrepreneurship’s ‘dark-side’. Published by Elsevier Inc.
Original language | English (US) |
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Title of host publication | A Psychological Approach to Entrepreneurship |
Subtitle of host publication | Selected Essays of Dean A. Shepherd |
Publisher | Edward Elgar Publishing Ltd. |
Pages | 316-337 |
Number of pages | 22 |
ISBN (Electronic) | 9781783479801 |
ISBN (Print) | 9781783479795 |
DOIs | |
State | Published - Jan 1 2014 |
Keywords
- Distinctiveness Theory
- Entrepreneur
- Entrepreneurial identity
- Self-identity
ASJC Scopus subject areas
- General Economics, Econometrics and Finance
- General Business, Management and Accounting
- General Psychology