Personal happiness and employment growth in new technology-based firms

被引:1
作者
Lautenschlaeger, Arndt [1 ]
机构
[1] Univ Appl Sci Jena, Fac Business Adm, Carl Zeiss Promenade 2, D-07745 Jena, Germany
关键词
start-ups; small and medium sized enterprises; technology-based firms; entrepreneurial success; employment growth; job creation; firm performance; personal satisfaction;
D O I
10.1504/IJEV.2011.043383
中图分类号
C93 [管理学];
学科分类号
12 ; 1201 ; 1202 ; 120202 ;
摘要
This paper empirically analyses the relationship between personal happiness and employment growth in new technology-based firms. Hereby, personal happiness is measured by the founder's satisfaction with his/her life, work, financial situation, and leisure time. A unique dataset is used consisting of 441 entrepreneurs in several fields of high-technology as well as technology-based services. It is found that in an early firm stage performance and individual satisfaction go hand in hand with a few exceptions. In the long run, there is identified a strong correlation between employment growth and the founder's satisfaction with his/her financial situation. Further, a negative correlation between high employment growth and the founder's satisfaction with his/her life is observable. Several implications are presented.
引用
收藏
页码:359 / 374
页数:16
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