Psychological Capital:A Review of Current Trends

Positive psychology focuses on positive aspects that make daily life bearable and even enjoyable. Psychological capital (PsyCap) is derived from positive psychology and its four psychological resources: hope, efficacy, resilience, and optimism which best meet the positive organizational behavior (POB) criteria. As the foundational research on PsyCap has now been well recognized, the objective of this paper is to present a systematic review of the existing PsyCap literature and map out the overall growth and trends keeping in view almost a decade of accrued research in this area. The findings indicate that there is an increasing body of scholarly work and an emerging empirical evidence base on concepts related to positive PsyCap.