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| Entrepreneurial Failure Recovery, Shared Mental Model and Team Entrepreneurial Passion |
| Xie Yaping,Ye Danrong |
| (School of Economics and Management, Fuzhou University, Fuzhou 350108，China) |
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Abstract Entrepreneurship is an activity with great risk of failure. Entrepreneurial passion is an important driver of entrepreneurial activities, and the key to carrying out subsequent team entrepreneurial activities is to rekindle team entrepreneurial passion. However, the existing research on team entrepreneurial passion is very weak, and there is a lack of research on the mechanism of motivating team entrepreneurial passion after entrepreneurial failure.#br#This study attempts to explore the formation path of team entrepreneurial passion from the perspective of failure recovery. Although the failure of entrepreneurship deal a heavy blow to the entrepreneurial team, the team's passion for entrepreneurship still has the potential to be rekindled if the team can achieve effective failure recovery, regain entrepreneurial confidence and enhance the team's sense of efficacy. However, what are the specific processes involved in entrepreneurial failure recovery? And how do these processes fuel the team's passion for entrepreneurship? Furthermore, the shared mental model is an important factor in facilitating knowledge sharing and capability enhancement, and it can effectively improve the team's sense of efficacy and thus has the potential to stimulate team entrepreneurial passion. So can the knowledge and experience gained from the entrepreneurial failure recovery contribute to the formation of shared mental model? Can shared mental model be the key link between entrepreneurial failure recovery and team entrepreneurial passion? These are the questions this study aims to explore and answer. #br#Based on this, this study systematically reviewed the literature on entrepreneurial failure recovery, shared mental model and team entrepreneurial passion, and then it introduced shared mental model as mediating variables between entrepreneurial failure recovery and team entrepreneurial passion to construct a model of the effect of entrepreneurial failure recovery on team entrepreneurial passion. After that this study proposed research hypotheses, and conducted empirical analysis on the 294 valid questionnaires collected. The results of the study indicated that (1) entrepreneurial failure recovery has a significant positive effect on team entrepreneurial passion, and all three dimensions of entrepreneurial failure recovery including emotional regulation, critical reflection and reflective action contribute to re-energizing team entrepreneurial passion. This indicates that entrepreneurial failure recovery is necessary to stimulate team entrepreneurial passion, and the effective promotion of the entrepreneurial failure recovery process greatly contributes to the formation of team entrepreneurial passion; (2) entrepreneurial failure recovery had a positive effect on the collaborative shared mental model, while the positive effect of entrepreneurial failure recovery on the task-based shared mental model was partially supported. Although the effect of emotion regulation on the task-based shared mental model was not significant, both critical reflection and reflective action have a significant positive effect on task-based shared mental model; 3) there was a significant positive correlation between shared mental model and team entrepreneurial passion, and the more mature the task-based and collaborative shared mental model was, the more they contributed to the formation and development of team entrepreneurial passion. This indicates that shared mental model is also an important source of team entrepreneurial passion; 4) collaborative shared mental model played a mediating role between three dimensions of entrepreneurial failure recovery and team entrepreneurial passion, while the task-based shared mental model only mediated between critical reflection, reflective action, and team entrepreneurial passion. Overall, the shared mental model was the intermediate link between entrepreneurial failure recovery and team entrepreneurial passion. Entrepreneurial failure recovery rekindled team entrepreneurial passion by promoting the formation and development of task-based shared mental model and collaborative shared mental model. According to the above results, this study provides countermeasures and suggestions for rekindling team entrepreneurial passion by effectively promoting entrepreneurial failure recovery, nurturing and developing shared mental model, and providing external supports.#br#The theoretical contribution of this study is that it innovatively links entrepreneurial failure with entrepreneurial passion to explore the mechanism of motivating team entrepreneurial passion in failure situations, and creatively constructs the influence path of "entrepreneurial failure recovery—shared mental model—team entrepreneurial passion", thus expanding the study of the factors influencing team entrepreneurial passion. The empirical findings reveal a complex mechanism between entrepreneurial failure recovery and team entrepreneurial passion, which makes up for the lack of domestic entrepreneurial passion research theories in China and provides theoretical guidance for entrepreneurial teams to get out of the shadow of failure and rekindle their entrepreneurial passion.#br#
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Received: 11 May 2021
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