Act or Wait-and-See? Adversity, Agility, and Entrepreneur Wellbeing across Countries during the COVID-19 Pandemic

Ute Stephan (), Przemysław Zbierowski, Ana Pérez-Luño, Dominika Wach, Johan Wiklund, Marisleidy Alba Cabañas, Edgard Barki, Alexandre Benzari, Claudia Bernhard-Oettel, Janet Boekhorst, Arobindu Dash (), Adnan Efendic, Constanze Eib, Pierre-Jean Hanard, Tatiana Iakovleva, Satoshi Kawakatsu, Saddam Khalid, Michael Leatherbee, Jun Li, Sharon Parker, Jingjing Qu, Francesco Rosati, Sreevas Sahasranamam, Marcus Salusse, Tomoki Sekiguchi, Nicola Thomas, Olivier Torrès, Mi Tran, M.K. Ward, Amanda Williamson and Muhammad Zahid
Additional contact information
Ute Stephan: King‘s College London, TU Dresden - Technische Universität Dresden = Dresden University of Technology, King‘s College London
Przemysław Zbierowski: King‘s College London, University of Economics in Katowice, King‘s College London
Ana Pérez-Luño: UPO - Universidad Pablo de Olavide [Sevilla]
Dominika Wach: TU Dresden - Technische Universität Dresden = Dresden University of Technology
Johan Wiklund: Whitman School of Management - Syracuse University, Syracuse University
Marisleidy Alba Cabañas: Business School, Konrad Lorenz University
Edgard Barki: FGV-EAESP - Fundação Getúlio Vargas - Escola de Administração de Empresas de São Paulo = Fundação Getulio Vargas’s Sao Paulo School of Business Administration - FGV - Fundacao Getulio Vargas [Rio de Janeiro]
Alexandre Benzari: Groupe Sup de Co Montpellier (GSCM) - Montpellier Business School
Claudia Bernhard-Oettel: Stockholm University
Janet Boekhorst: University of Waterloo [Waterloo]
Constanze Eib: Uppsala University
Pierre-Jean Hanard: King‘s College London, King‘s College London
Tatiana Iakovleva: UiS Business School [University of Stavanger] - University of Stavanger
Saddam Khalid: School of Economics and Management, University of Hyogo
Michael Leatherbee: UC - Pontificia Universidad Católica de Chile
Jun Li: University of Huddersfield
Sharon Parker: Centre for Transformative Work Design, Curtin University
Jingjing Qu: Shanghai Artificial Intelligence Laboratory (Entreprise)
Francesco Rosati: DTU - Danmarks Tekniske Universitet = Technical University of Denmark
Sreevas Sahasranamam: University of Strathclyde [Glasgow], Hunter Centre for Entrepreneurship - University of Strathclyde [Glasgow]
Marcus Salusse: Instituto de Ensino e Pesquisa (Brazil) - Insper Institute of Education and Research
Tomoki Sekiguchi: Graduate School of Management, Kyoto University
Nicola Thomas: University of Liverpool
Olivier Torrès: Groupe Sup de Co Montpellier (GSCM) - Montpellier Business School, MRM - Montpellier Research in Management - UPVD - Université de Perpignan Via Domitia - UM - Université de Montpellier
Mi Tran: Whitman School of Management - Syracuse University, Syracuse University
M.K. Ward: Zipline.io (Entreprise)
Amanda Williamson: Waikato Management School - Waikato University
Muhammad Zahid: Neuron Business and Development Solutions (Entreprise)

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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.

Keywords: entrepreneurship; wellbeing; agility; crisis; life satisfaction; subjective vitality; stress; COVID-19 pandemic; adversity; resilience; entrepreneurship wellbeing agility crisis life satisfaction subjective vitality stress COVID-19 pandemic adversity resilience (search for similar items in EconPapers)
Date: 2023-05-01
Note: View the original document on HAL open archive server: https://hal.science/hal-04414075v1
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Published in Entrepreneurship Theory and Practice, 2023, 47 (3), pp.682-723. ⟨10.1177/10422587221104820⟩

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Journal Article: Act or Wait-and-See? Adversity, Agility, and Entrepreneur Wellbeing across Countries during the COVID-19 Pandemic (2023)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-04414075

DOI: 10.1177/10422587221104820

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