Table 1.

Overview of studies

StudyObjectivesMain findings
Study 1: one-factor, two-level between-subjects designAims to test the effect of why mindset vs how mindset on self-transcendence experience
  • Study 1 confirmed that nascent entrepreneurs engaging in a why mindset exhibit greater self-transcendence experience than those with a how mindset

Study 2: one-factor, three-level between-subjects designTo further test H1, we added a control condition to assess manipulation robustness and examined the process linking mindset to self-transcendence via SVO, moderated by self-efficacy (measured)
  • Replicating the findings of Study 1

  • SVO plays a mediating role in the relationship between the entrepreneurial mindset and the experience of self-transcendence

  • The positive influence of a why mindset (vs a how mindset) on both SVO and self-transcendence experience was found to be nonsignificant among individuals with a high level of self-efficacy

Study 3a: a 2 × 2 between-subjects designTo avoid biases from a predetermined scenario, Study 3a had participants use their own social business idea. In addition, we manipulated self-efficacy instead of measuring it
  • Replicating the findings of Studies 1 and 2 using participants’ own business ideas instead of predetermined scenarios

Study 3b: between-subjects designConfirm H1H4 using a larger sample size and participants in Prolific who were doing a business or intended to do a social business in the next one yearIn addition, the study also includes downstream DVs: opportunity evaluation and meaning in life (both presence of meaning and search for meaning)
  • Replicating the findings of Study 3a

  • Self-transcendence was a significant predictor of all downstream DVs

  • Self-efficacy moderates the effects of mindset on all downstream DV via SVO → self-transcendence experience. The indirect effects of a why mindset (vs a how mindset) on all downstream variables were found to be nonsignificant among individuals with a high level of self-efficacy

Study 4: surveyUsing real-world data, i.e. potential nascent entrepreneurs from a start-up competition)
  • Confirming the findings of Studies 1, 2, 3a and 3b using a different design and sample of real-world nascent entrepreneurs

Source(s): Authors’ own work

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