Act or Wait-and-See? Adversity, Agility, and Entrepreneur Wellbeing across Countries during the COVID-19 Pandemic
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In: Entrepreneurship: Theory and Practice, Vol. 47, No. 3, 05.2023, p. 682-723.
Research output: Journal contributions › Journal articles › Research › peer-review
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TY - JOUR
T1 - Act or Wait-and-See? Adversity, Agility, and Entrepreneur Wellbeing across Countries during the COVID-19 Pandemic
AU - Stephan, Ute
AU - Zbierowski, Przemysław
AU - Pérez-Luño, Ana
AU - Wach, Dominika
AU - Wiklund, Johan
AU - Alba Cabañas, Marisleidy
AU - Barki, Edgard
AU - Benzari, Alexandre
AU - Bernhard-Oettel, Claudia
AU - Boekhorst, Janet A.
AU - Dash, Arobindu
AU - Efendic, Adnan
AU - Eib, Constanze
AU - Hanard, Pierre Jean
AU - Iakovleva, Tatiana
AU - Kawakatsu, Satoshi
AU - Khalid, Saddam
AU - Leatherbee, Michael
AU - Li, Jun
AU - Parker, Sharon K.
AU - Qu, Jingjing
AU - Rosati, Francesco
AU - Sahasranamam, Sreevas
AU - Salusse, Marcus A.Y.
AU - Sekiguchi, Tomoki
AU - Thomas, Nicola
AU - Torrès, Olivier
AU - Tran, Mi Hoang
AU - Ward, Michael K.
AU - Williamson, Amanda Jasmine
AU - Zahid, Muhammad Mohsin
N1 - Publisher Copyright: © The Author(s) 2022.
PY - 2023/5
Y1 - 2023/5
N2 - How can entrepreneurs protect their wellbeing during a crisis? Does engaging agility (namely, opportunity agility and planning agility) in response to adversity help entrepreneurs safeguard their wellbeing? Activated by adversity, agility may function as a specific resilience mechanism enabling positive adaption to crisis. We studied 3162 entrepreneurs from 20 countries during the COVID-19 pandemic and found that more severe national lockdowns enhanced firm-level adversity for entrepreneurs and diminished their wellbeing. Moreover, entrepreneurs who combined opportunity agility with planning agility experienced higher wellbeing but planning agility alone lowered wellbeing. Entrepreneur agility offers a new agentic perspective to research on entrepreneur wellbeing.
AB - How can entrepreneurs protect their wellbeing during a crisis? Does engaging agility (namely, opportunity agility and planning agility) in response to adversity help entrepreneurs safeguard their wellbeing? Activated by adversity, agility may function as a specific resilience mechanism enabling positive adaption to crisis. We studied 3162 entrepreneurs from 20 countries during the COVID-19 pandemic and found that more severe national lockdowns enhanced firm-level adversity for entrepreneurs and diminished their wellbeing. Moreover, entrepreneurs who combined opportunity agility with planning agility experienced higher wellbeing but planning agility alone lowered wellbeing. Entrepreneur agility offers a new agentic perspective to research on entrepreneur wellbeing.
KW - adversity
KW - agility
KW - COVID-19 pandemic
KW - crisis
KW - entrepreneurship
KW - life satisfaction
KW - resilience
KW - stress
KW - subjective vitality
KW - wellbeing
KW - Management studies
UR - http://www.scopus.com/inward/record.url?scp=85131757706&partnerID=8YFLogxK
UR - https://www.mendeley.com/catalogue/d18e4590-8874-3ccb-afc3-8680eaa63792/
U2 - 10.1177/10422587221104820
DO - 10.1177/10422587221104820
M3 - Journal articles
AN - SCOPUS:85131757706
VL - 47
SP - 682
EP - 723
JO - Entrepreneurship: Theory and Practice
JF - Entrepreneurship: Theory and Practice
SN - 1042-2587
IS - 3
ER -