1. Act or Wait-and-See? Adversity, Agility, and Entrepreneur Wellbeing across Countries during the COVID-19 Pandemic.
- Author
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Stephan, Ute, Zbierowski, Przemysław, Pérez-Luño, Ana, Wach, Dominika, Wiklund, Johan, Alba Cabañas, Marisleidy, Barki, Edgard, Benzari, Alexandre, Bernhard-Oettel, Claudia, Boekhorst, Janet A., Dash, Arobindu, Efendic, Adnan, Eib, Constanze, Hanard, Pierre-Jean, Iakovleva, Tatiana, Kawakatsu, Satoshi, Khalid, Saddam, Leatherbee, Michael, Li, Jun, and Parker, Sharon K.
- Subjects
COVID-19 pandemic ,BUSINESSPEOPLE ,WELL-being ,STAY-at-home orders ,LIFE satisfaction - Abstract
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. [ABSTRACT FROM AUTHOR]
- Published
- 2023
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