related to the psychology of entrepreneurship

Goss, D. (2005). Schumpeter’s legacy? Interaction and emotions in the sociology of entrepreneurship. Entrepreneurship Theory and Practice, 29(2), 205–218.


5/10/16: 4

Key ideas

Interesting take on entrepreneurship as driven by emotional energy which, in turn, results from social interaction.

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Quotable quotes

The ritual interactions that Collins attributes with the power to generate EE are characterized by the following properties: (1) a minimum of two face-to-face interactants; (2) a focus of attention on the same object or activity; (3) a shared “common mood”; and (4) a loading of the ideas and objects that constitute the common focus of attention with emotional overtones which, in the minds of the participants, gives them a symbolic status. These factors, if successfully activated, result in a build-up of emotional coordination and the production of feelings of solidarity, i.e., emotional energy (p 6)

As an individual’s actions are influenced by their immediate interactions and by the history of such interactions over that individual’s life- time it is possible to talk of a biographical chain of interactions through which the self is constituted and knowledge of social position and group identity acquired. (p 7)

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