Uncovering the Role of Folk Art, Sculpture Art, and Ceramic Art Between Entrepreneurial Psychological Capital and Entrepreneurial Performance

Human capital has always been the key to promoting national development and enhancing entrepreneurial performance. Human skills and expertise are the best sources to obtain a competitive advantage. The individuals who have developed entrepreneurial psychological capital (Ent PsyCap) are the ones to master the art- related expertise to produce classical cultural art in the shape of folk art, sculpture art, and ceramic art. This study empirically investigates the relationship between entrepreneurial psychological capital and entrepreneurial performance (EP). Furthermore, it tests the mediating role of folk art, sculpture art, and ceramic art in the relationship between PsyCap and EP. The study proposed several hypotheses and used the survey questionnaire method for data collection. A valid data of 304 individuals who were either studying or have completed a degree in classical cultural art were the primary respondents. The results indicated a significant positive relationship between Ent PsyCap and EP. Additionally, folk art, sculpture art, and ceramic art positively mediate the relationship between Ent PsyCap and EP. Furthermore, empirical results also showed the strengthening role of business risk in the relationship between three art types and EP.