Innovation is often a crucial ingredient in new venture success but at present, we know relatively little about the role of individual entrepreneurs in encouraging its occurrence. The present research addressed this issue by investigating the joint effects, on firm-level innovation, of two...

Dispositional positive affect (DPA) – the stable tendency to experience positive moods and emotions – has been found to be related to several beneficial outcomes (e.g., enhanced career success, development of high quality social relationships, improved personal health). Evidence on this...

The preceding paper by Wiltbank et al. reports that highly successful and experienced entrepreneurs rely, to a greater degree than novices (MBA students), on effectual logic. This finding raises a key question: Why do these two groups differ? The authors imply that this difference is the result...