Focus on opportunities as a mediator of the relationship between business owners' age and venture growth

Gielnik, Michael M., Zacher, Hannes, & Frese, Michael (2012) Focus on opportunities as a mediator of the relationship between business owners' age and venture growth. Journal of Business Venturing, 27(1), pp. 127-142.

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Abstract

Combining upper echelons and lifespan theories, we investigated the mediating effect of focus on opportunities on the negative relationship between business owners' age and venture growth. We also expected that mental health moderates the negative relationship between business owners' age and focus on opportunities. Path analytic findings based on data from 84 business owners (mean age = 44, range 24-74) supported these hypotheses. Findings suggest that focus on opportunities is a psychological mechanism that links business owners' age with venture growth. Our findings also indicate that mental health helps maintain a high level of focus on opportunities with increasing age.

Impact and interest:

24 citations in Scopus
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20 citations in Web of Science®

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ID Code: 92372
Item Type: Journal Article
Refereed: Yes
Keywords: Age, Focus on opportunities, Lifespan, Mental health, Venture growth
DOI: 10.1016/j.jbusvent.2010.05.002
ISSN: 0883-9026
Subjects: Australian and New Zealand Standard Research Classification > COMMERCE MANAGEMENT TOURISM AND SERVICES (150000) > BUSINESS AND MANAGEMENT (150300) > Entrepreneurship (150304)
Divisions: Current > QUT Faculties and Divisions > QUT Business School
Current > Schools > School of Management
Copyright Owner: Copyright 2010 Elsevier Inc.
Deposited On: 09 Feb 2016 22:34
Last Modified: 11 Feb 2016 00:10

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