The mediating role of entrepreneurial alertness in the entrepreneurial passion and persistence in venture start-up nexus

Abstract

Purpose – The purpose of this study was to explore the relationship between entrepreneurial passion for founding firms (EPFF) and persistence in venture start-ups and to examine the mediating role of searching and scanning alertness, association and connection alertness and evaluation and judgment alertness (i.e. entrepreneurial alertness). Design/methodology/approach – Using a three-way parallel mediation involving searching and scanning alertness, association and connection alertness and evaluation and judgment alertness, on data from 342 serial entrepreneurs from Nigeria, the authors examined the influence of EPFF on persistence in venture start-ups, through a parallel mediation involving searching and scanning alertness, association and connection alertness and evaluation and judgment alertness. Findings – The authors find that EPFF was not significantly related (positive) to persistence in venture start-ups, but that searching and scanning alertness, association and connection alertness and evaluation and judgment alertness mediated the path through which EPFF impacts persistence in venture start-ups. Thus, entrepreneurial alertness is relevant in explaining the relationship between EPFF and persistence in venture start-ups in Nigeria. Originality/value – The findings of this study highlight the relevance of EPFF and alertness in explaining persistence in venture start-ups in Nigeria.

Keywords

• Entrepreneurial passion for founding firms
• Entrepreneurial alertness
• Persistence in Venture start-ups
• Entrepreneurial process