Journal Article: 'Increasing alertness to new opportunities: the influence of positive affect and implications for innovation' - Prof. Ludvig Levasseur

Abstract: Understanding how entrepreneurs’ positive affect influences firm innovation through the cognitive processes (e.g., entrepreneurial alertness to business opportunities) is important because emotions often impact evaluations and judgments of opportunities and (subsequent) firm engagement in innovative activities. Using data involving Iranian entrepreneurs, we find that (1) Tang, Kacmar, and Busenitz’s (2012) three alertness components unfold sequentially (i.e., information scanning and search leads to information association and connection which in turn leads to opportunity evaluation and judgment); (2) positive affect has a positive impact on all three alertness dimensions; and (3) evaluation and judgment impacts firm incremental innovation positively. Implications and future research directions are discussed..
Authors’ Names: Ludvig Levasseur, Jintong Tang, Masoud Karami, Lowell Busenitz and K. Michele Kacmar
Journal Name: Asia Pacific Journal of Management
Journal Article: 'Increasing alertness to new opportunities: the influence of positive affect and implications for innovation' - Prof. Ludvig Levasseur
Abstract: Understanding how entrepreneurs’ positive affect influences firm innovation through the cognitive processes (e.g., entrepreneurial alertness to business opportunities) is important because emotions often impact evaluations and judgments of opportunities and (subsequent) firm engagement in innovative activities. Using data involving Iranian entrepreneurs, we find that (1) Tang, Kacmar, and Busenitz’s (2012) three alertness components unfold sequentially (i.e., information scanning and search leads to information association and connection which in turn leads to opportunity evaluation and judgment); (2) positive affect has a positive impact on all three alertness dimensions; and (3) evaluation and judgment impacts firm incremental innovation positively. Implications and future research directions are discussed..
Authors’ Names: Ludvig Levasseur, Jintong Tang, Masoud Karami, Lowell Busenitz and K. Michele Kacmar
Journal Name: Asia Pacific Journal of Management