Happy Entrepreneurs? Everywhere? A Meta-Analysis of Entrepreneurship and Wellbeing
Ute Stephan,
Andreas Rauch and
Isabella Hatak
Entrepreneurship Theory and Practice, 2023, vol. 47, issue 2, 553-593
Abstract:
Entrepreneurship can be fulfilling and enhance wellbeing, but also highly stressful and diminish wellbeing. This meta-analytical review synthesizes 319 effect sizes from 94 studies and 82 countries to establish whether individuals derive greater wellbeing from working for themselves or for someone else. The answer is partly positive in favor of entrepreneurship but depends on the components of wellbeing under investigation (positive wellbeing or negative wellbeing/mental illbeing) and the institutional context (especially the rule of law). We contribute by developing the component view of wellbeing as an organizing framework and by advancing an institutional perspective to guide research on entrepreneurs’ wellbeing.
Keywords: wellbeing; entrepreneurship; work satisfaction; life satisfaction; positive affect; eudaimonic wellbeing; negative affect; mental health; meta-analysis; review (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations: View citations in EconPapers (7)
Downloads: (external link)
https://journals.sagepub.com/doi/10.1177/10422587211072799 (text/html)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:sae:entthe:v:47:y:2023:i:2:p:553-593
DOI: 10.1177/10422587211072799
Access Statistics for this article
More articles in Entrepreneurship Theory and Practice
Bibliographic data for series maintained by SAGE Publications (sagediscovery@sagepub.com).