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International Journal of Social Sciences and Economic Management, 2021, 2(1); doi: 10.38007/IJSSEM.2021.020101.

The Influence Mechanism of Entrepreneurs' Psychological Resilience on Enterprise Performance

Author(s)

Linyuan Fan

Corresponding Author:
Linyuan Fan
Affiliation(s)

Capital University of Economics and Business, Beijing, China

Abstract

Entrepreneurship has long been considered an important driver of social and economic growth, entrepreneurial activities provide a large number of employment opportunities for the society and play an important role in promoting national economic prosperity. From the perspective of entrepreneurs, whether they can create new products or explore new markets through entrepreneurial activities is the key to the success or failure of entrepreneurial activities, focusing on innovative activities is one of the distinguishing characteristics of entrepreneurial organizations. However, a large number of entrepreneurial practices show that innovation in the process of entrepreneurship is a high-risk, high-cost collective behavior, which puts forward high requirements on the psychological quality of entrepreneurs. To succeed in high-risk entrepreneurial activities, entrepreneurs must have a good sense of self-efficacy, improve the awareness of the entrepreneurial environment, the ability to withstand pressure and a strong desire for entrepreneurial success.

Keywords

Entrepreneurs, Psychological Factors, Enterprise Performance

Cite This Paper

Linyuan Fan. The Influence Mechanism of Entrepreneurs' Psychological Resilience on Enterprise Performance. International Journal of Social Sciences and Economic Management (2021), Vol. 2, Issue. 1: 1-10. https://doi.org/10.38007/IJSSEM.2021.020101.

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