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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 A. Boekhorst
  • , Arobindu Dash
  • , Adnan Efendic
  • , Constanze Eib
  • , Pierre Jean Hanard
  • , Tatiana Iakovleva
  • , Satoshi Kawakatsu
  • , Saddam Khalid
  • , Michael Leatherbee
  • , Jun Li
  • , Sharon K. Parker
  • Jingjing Qu, Francesco Rosati, Sreevas Sahasranamam, Marcus A.Y. Salusse, Tomoki Sekiguchi, Nicola Thomas, Olivier Torrès, Mi Hoang Tran, Michael K. Ward, Amanda Jasmine Williamson, Muhammad Mohsin Zahid
*Corresponding author for this work

Research output: Journal contributions › Journal articles › Research › peer-review

90 Citations (Scopus)

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.

Original languageEnglish
JournalEntrepreneurship: Theory and Practice
Volume47
Issue number3
Pages (from-to)682-723
Number of pages42
ISSN1042-2587
DOIs
Publication statusPublished - 05.2023

Bibliographical note

Publisher Copyright:
© The Author(s) 2022.

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 3 - Good Health and Well-being
    SDG 3 Good Health and Well-being

Research areas and keywords

  • adversity
  • agility
  • COVID-19 pandemic
  • crisis
  • entrepreneurship
  • life satisfaction
  • resilience
  • stress
  • subjective vitality
  • wellbeing
  • Management studies

ASJC Scopus Subject Areas

  • Economics and Econometrics
  • Business and International Management

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

    Stephan, U. (Creator), Zbierowski, P. (Creator), Pérez-Luño, A. (Creator), Wach, D. (Creator), Wiklund, J. (Creator), Alba Cabañas, M. (Creator), Barki, E. (Creator), Benzari, A. (Creator), Bernhard-Oettel, C. (Creator), Boekhorst, J. A. (Creator), Dash, A. (Creator), Efendic, A. (Creator), Eib, C. (Creator), Hanard, P.-J. (Creator), Iakovleva, T. (Creator), Kawakatsu, S. (Creator), Khalid, S. (Creator), Leatherbee, M. (Creator), Li, J. (Creator), Parker, S. K. (Creator), Qu, J. (Creator), Rosati, F. (Creator), Sahasranamam, S. (Creator), Salusse, M. A. Y. (Creator), Sekiguchi, T. (Creator), Thomas, N. (Creator), Torrès, O. (Creator), Tran, M. H. (Creator), Ward, M. K. (Creator), Williamson, A. J. (Creator) & Zahid, M. M. (Creator), SAGE Publications Inc., 2022

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