Beyond Adversity: Exploring the Role of Entrepreneurial Resilience, Alertness, and Innovative Culture in Career Advancement
Abstract
This study examines the influence of psychological resilience of entrepreneurs on their career success and opportunity recognition capabilities. Entrepreneurial alertness is taken as an intervening variable in an organizational culture characterized by innovativeness. The sample consists of 353 entrepreneurs residing in various cities of Pakistan. The data was examined using SPSS and Advanced Structural Equation Modeling (SEM) in M-PLUS software. Our findings reveal a strong connection between entrepreneurial resilience, career success and opportunity recognition. Entrepreneurial alertness was also found to play a crucial role in mediating this relationship. The study further explored the moderating role of an innovative organizational culture, exploring its effect in enhancing the effect of entrepreneurial psychological resilience on both career success and opportunity recognition. These results indicate useful synergies amongst psychological aspects, organizational culture, and key entrepreneurial outcomes. Important implications in furthering entrepreneurship research and improving organizational practices are also discussed.