Who Are Good Entrepreneurs? Evidence from Financial Capability, Entrepreneurial Cognition and Entrepreneurial Emotion

This paper intends to divide entrepreneurs into different profiles based on financial capability, entrepreneurial cognition and emotions. Further, this paper examines whether the entrepreneurs’ profiles are associated with entrepreneurial performance. Data on financial capability, entrepreneurial cognition, emotion and entrepreneurial performance were collected through online self-report questionnaire. Three distinct profiles were identified by Latent Profile Analysis. Findings suggest that financial capability, positive emotion, negative emotion and entrepreneurial cognition have different effects on entrepreneurial performance. This study contributes to existing research by integrating indicators from ability, emotion and cognition to divide entrepreneurs into different profiles and give an insight into entrepreneurial performance from a entrepreneur-centered perspective.