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Act or Wait-and-See? Adversity, Agility, and Entrepreneur Wellbeing across Countries during the COVID-19 Pandemic.
- Source :
- Entrepreneurship: Theory & Practice; May2023, Vol. 47 Issue 3, p682-723, 42p
- Publication Year :
- 2023
-
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]
- Subjects :
- COVID-19 pandemic
BUSINESSPEOPLE
WELL-being
STAY-at-home orders
LIFE satisfaction
Subjects
Details
- Language :
- English
- ISSN :
- 10422587
- Volume :
- 47
- Issue :
- 3
- Database :
- Complementary Index
- Journal :
- Entrepreneurship: Theory & Practice
- Publication Type :
- Academic Journal
- Accession number :
- 163233415
- Full Text :
- https://doi.org/10.1177/10422587221104820