Entrepreneurs responding to the COVID-19 crisis: evidence from Ireland

Stephens Simon (), McLaughlin Christopher and McLaughlin Katrina
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Stephens Simon: Faculty of Business, Letterkenny Institute of Technology, Port Road, Letterkenny, Donegal, F92 FC93, Ireland
McLaughlin Christopher: Department of Global Business and Enterprise; Department, University of Ulster, Magee Campus Londonderry BT48 7JL, UK
McLaughlin Katrina: School of Psychology, Queens University Belfast, University Rd, Belfast BT7 1NN, United Kingdom, UK

The Irish Journal of Management, 2021, vol. 40, issue 2, 143-156

Abstract: The aim of this paper is to explore the impact that the initial stages of the COVID-19 crisis had on entrepreneurs. We present the experiences of fifteen entrepreneurs. The data was collected, using interviews. We focus on the impact that the temporary business closures which were introduced had on the entrepreneurs’ ability and propensity to continue. The interviews took place during a period of great uncertainty for the entrepreneurs and at times when their availability was extremely limited. We present data characterising the entrepreneurs; their experience during a time of crisis; and the enablers and disablers to the continuation of their entrepreneurial journey. Our analysis is based on four themes from the literature: the psychological wellbeing of the entrepreneurs; their changing attitudes to entrepreneurship; the changes they made to their business; and the supports that they needed. The outcome is novel insights into the impacts of the COVID-19 crisis.

Keywords: Psychological wellbeing; crisis; entrepreneurial journey; resilience; COVID-19 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:irjman:v:40:y:2021:i:2:p:143-156:n:6

DOI: 10.2478/ijm-2021-0010

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