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

Ute Stephan; Przemyslaw 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 K. Parker; Jingjing Qu; Francesco Rosati; Sreevas Sahasranamam; Marcus A. Y.  Salusse; Tomoki Sekiguchi; Nicola Thomas; Olivier Torres; Mi Hoang Tran; MK Ward; Amanda Jasmine  Williamson; Muhammad Mohsin Zahid

doi:10.1177/10422587221104820

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

Ute Stephan, Przemyslaw 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 K. ParkerJingjing Qu, Francesco Rosati, Sreevas Sahasranamam, Marcus A. Y. Salusse, Tomoki Sekiguchi, Nicola Thomas, Olivier Torres, Mi Hoang Tran, MK Ward, Amanda Jasmine Williamson, Muhammad Mohsin Zahid

Strategy, Intl Mgt & Entrepreneurship

Research output: Contribution to journal › Article › peer-review

40 Citations (Scopus)

182 Downloads (Pure)

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 3,162 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 language	English
Pages (from-to)	682-723
Number of pages	42
Journal	Entrepreneurship: Theory and Practice
Volume	47
Issue number	3
Early online date	9 Jun 2022
DOIs	https://doi.org/10.1177/10422587221104820
Publication status	Published - Apr 2023

Keywords

entrepreneur
entrepreneurship
wellbeing
life satisfaction
Eudaimonic well-being
Vitality
MENTAL HEALTH
Stress
agility
crisis
Covid-19
Adversity
Resilience

UN SDGs

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

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10.1177/10422587221104820Licence: CC BY

Stephan et al 2022_Covid-Agility-Adversity-Wellbeing_Entrepreneurs_20_countries_ETP-2023 publFinal published version, 2.24 MBLicence: CC BY

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Stephan, U., Zbierowski, P., Pérez-Luño, A., Wach, D., Wiklund, J., Alba Cabañas, M., Barki, E., Benzari, A., Bernhard-Oettel, C., Boekhorst, J., Dash, A., Efendic, A., Eib, C., Hanard, P.-J., Iakovleva, T., Kawakatsu, S., Khalid, S., Leatherbee, M., Li, J., ... Zahid, M. M. (2023). Act or Wait-and-See? Adversity, Agility, and Entrepreneur Wellbeing across Countries during the COVID-19 Pandemic. Entrepreneurship: Theory and Practice, 47(3), 682-723. https://doi.org/10.1177/10422587221104820

@article{0564cb9c9cf74c0d8582bb3229589110,

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

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 3,162 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 = "entrepreneur, entrepreneurship, wellbeing, life satisfaction, Eudaimonic well-being, Vitality, MENTAL HEALTH, Stress, agility, crisis, Covid-19, Adversity, Resilience",

author = "Ute Stephan and Przemyslaw Zbierowski and Ana P{\'e}rez-Lu{\~n}o and Dominika Wach and Johan Wiklund and {Alba Caba{\~n}as}, Marisleidy and Edgard Barki and Alexandre Benzari and Claudia Bernhard-Oettel and Janet Boekhorst and Arobindu Dash and Adnan Efendic and Constanze Eib and Pierre-Jean Hanard and Tatiana Iakovleva and Satoshi Kawakatsu and Saddam Khalid and Michael Leatherbee and Jun Li and Parker, {Sharon K.} and Jingjing Qu and Francesco Rosati and Sreevas Sahasranamam and Salusse, {Marcus A. Y.} and Tomoki Sekiguchi and Nicola Thomas and Olivier Torres and Tran, {Mi Hoang} and MK Ward and Williamson, {Amanda Jasmine} and Zahid, {Muhammad Mohsin}",

note = "Funding Information: The author(s) disclosed receipt of the following financial support for the research, authorship, and/or publication of this article: The Polish and UK studies and the coordination of this research project were co-funded by the European Union's Horizon 2020 research and innovation programme under the Marie Sk{\l}odowska-Curie grant agreement No. 793117 ({\textquoteleft}Positive Entrepreneurship{\textquoteright}). The Polish study was also supported by Chamber of Commerce and Industry in Katowice, Startup City Zabrze, BusinessLink Katowice, Catholic Ministry of Entrepreneurs and Employers “Talent” and The Club of Entrepreneurial Women “Positive in Business”. The UK study was also supported by King's Business School, the National Enterprise Network, Westminster Business Council, Midtown Business Club, Hammersmith & Fulham Chamber of Commerce, Southwark Chamber of Commerce, Spitafields Small Business Association, Make it Ealing, Ealing Acton Business Club, StartUp Richmond, Barking and Dagenham Chamber of Commerce, Hertfordshire Chamber of Commerce and Newham Chamber of Commerce. In Australia the study was supported by the Australian Research Council funding FL160100033. In Bosnia and Herzegovina the study was supported by the Ministry of Education, Science and Youth of Sarajevo Canton. In Canada the study was supported in part by funding from the Social Sciences and Humanities Research Council. In Chile the study was supported by CORFO and the Aubery Chernick Foundation. In Denmark and Italy, the study was supported and funded by the Centre for Technology Entrepreneurship, Technical University of Denmark. In France the study was supported and funded by the LabEx Entreprendre (University of Montpellier and Montpellier Business School) (ANR-10-Labex-11-01, funded by the French government) and by the public research center Montpellier Research in Management (University of Montpellier). We would like to thank the Chamber of Commerce and Industry of the department of Pyr{\'e}n{\'e}es Orientales which participated in setting up the French part of this survey. In Germany the study was funded by the TransCampus grant, supported by the Federal Ministry of Education and Research (BMBF), TransCampus is a partnership of King's College London and Technische Universit{\"a}t Dresden. In Japan the study was supported by JSPS KAKENHI Grant Number JP 20H01530. In New Zealand the study was funded by Waikato Management School, the University of Waikato, and supported by the Waikato Chamber of Commerce and the Sustainable Business Council. The Norwegian study was supported and funded by the Center for Innovation Research at the University of Stavanger Business School. In Spain the study was co-funded by Fondo Europeo de Desarrollo Regional (FEDER) and Junta de Andaluc{\'i}a's Consejer{\'i}a de Transformaci{\'o}n Econ{\'o}mica, Industria, Conocimiento y Universidades, under the operational program FEDER Andaluc{\'i}a 2014-2020; Thematic Objective 01 - «Refuerzo de la investigaci{\'o}n, el desarrollo tecnol{\'o}gico y la innovaci{\'o}n» and Specific Objective 1.2.3. «Fomento y generacin de conocimiento frontera y de conocimiento orientado a los retos de la sociedad, desarrollo de tecnolog{\'i}as emergentes», through reference research project (PY20_00856). Co-financing percentage FEDER 80%. In addition, this paper is part of the Grant PID2020-114751RB-I00, funded by MCIN/AEI/10.13039/501100011033. In Sweden the study was supported by the Swedish Research Council for Health, Working Life and Welfare (FORTE) Grant no 2017-01063 and Grant no 2019-01311. Publisher Copyright: {\textcopyright} The Author(s) 2022.",

year = "2023",

month = apr,

doi = "10.1177/10422587221104820",

language = "English",

volume = "47",

pages = "682--723",

journal = "Entrepreneurship: Theory and Practice",

issn = "1042-2587",

publisher = "Wiley",

number = "3",

}

Stephan, U , Zbierowski, P, Pérez-Luño, A, Wach, D, Wiklund, J, Alba Cabañas, M, Barki, E, Benzari, A, Bernhard-Oettel, C, Boekhorst, J, Dash, A, Efendic, A, Eib, C, Hanard, P-J, Iakovleva, T, Kawakatsu, S, Khalid, S, Leatherbee, M, Li, J, Parker, SK, Qu, J, Rosati, F, Sahasranamam, S, Salusse, MAY, Sekiguchi, T, Thomas, N, Torres, O, Tran, MH, Ward, MK, Williamson, AJ & Zahid, MM 2023, 'Act or Wait-and-See? Adversity, Agility, and Entrepreneur Wellbeing across Countries during the COVID-19 Pandemic', Entrepreneurship: Theory and Practice, vol. 47, no. 3, pp. 682-723. https://doi.org/10.1177/10422587221104820

TY - JOUR

T1 - Act or Wait-and-See? Adversity, Agility, and Entrepreneur Wellbeing across Countries during the COVID-19 Pandemic

AU - Stephan, Ute

AU - Zbierowski, Przemyslaw

AU - Pérez-Luño, Ana

AU - Wach, Dominika

AU - Wiklund, Johan

AU - Alba Cabañas, Marisleidy

AU - Barki, Edgard

AU - Benzari, Alexandre

AU - Bernhard-Oettel, Claudia

AU - Boekhorst, Janet

AU - Dash, Arobindu

AU - Efendic, Adnan

AU - Eib, Constanze

AU - Hanard, Pierre-Jean

AU - Iakovleva, Tatiana

AU - Kawakatsu, Satoshi

AU - Khalid, Saddam

AU - Leatherbee, Michael

AU - Li, Jun

AU - Parker, Sharon K.

AU - Qu, Jingjing

AU - Rosati, Francesco

AU - Sahasranamam, Sreevas

AU - Salusse, Marcus A. Y.

AU - Sekiguchi, Tomoki

AU - Thomas, Nicola

AU - Torres, Olivier

AU - Tran, Mi Hoang

AU - Ward, MK

AU - Williamson, Amanda Jasmine

AU - Zahid, Muhammad Mohsin

N1 - Funding Information: The author(s) disclosed receipt of the following financial support for the research, authorship, and/or publication of this article: The Polish and UK studies and the coordination of this research project were co-funded by the European Union's Horizon 2020 research and innovation programme under the Marie Skłodowska-Curie grant agreement No. 793117 (‘Positive Entrepreneurship’). The Polish study was also supported by Chamber of Commerce and Industry in Katowice, Startup City Zabrze, BusinessLink Katowice, Catholic Ministry of Entrepreneurs and Employers “Talent” and The Club of Entrepreneurial Women “Positive in Business”. The UK study was also supported by King's Business School, the National Enterprise Network, Westminster Business Council, Midtown Business Club, Hammersmith & Fulham Chamber of Commerce, Southwark Chamber of Commerce, Spitafields Small Business Association, Make it Ealing, Ealing Acton Business Club, StartUp Richmond, Barking and Dagenham Chamber of Commerce, Hertfordshire Chamber of Commerce and Newham Chamber of Commerce. In Australia the study was supported by the Australian Research Council funding FL160100033. In Bosnia and Herzegovina the study was supported by the Ministry of Education, Science and Youth of Sarajevo Canton. In Canada the study was supported in part by funding from the Social Sciences and Humanities Research Council. In Chile the study was supported by CORFO and the Aubery Chernick Foundation. In Denmark and Italy, the study was supported and funded by the Centre for Technology Entrepreneurship, Technical University of Denmark. In France the study was supported and funded by the LabEx Entreprendre (University of Montpellier and Montpellier Business School) (ANR-10-Labex-11-01, funded by the French government) and by the public research center Montpellier Research in Management (University of Montpellier). We would like to thank the Chamber of Commerce and Industry of the department of Pyrénées Orientales which participated in setting up the French part of this survey. In Germany the study was funded by the TransCampus grant, supported by the Federal Ministry of Education and Research (BMBF), TransCampus is a partnership of King's College London and Technische Universität Dresden. In Japan the study was supported by JSPS KAKENHI Grant Number JP 20H01530. In New Zealand the study was funded by Waikato Management School, the University of Waikato, and supported by the Waikato Chamber of Commerce and the Sustainable Business Council. The Norwegian study was supported and funded by the Center for Innovation Research at the University of Stavanger Business School. In Spain the study was co-funded by Fondo Europeo de Desarrollo Regional (FEDER) and Junta de Andalucía's Consejería de Transformación Económica, Industria, Conocimiento y Universidades, under the operational program FEDER Andalucía 2014-2020; Thematic Objective 01 - «Refuerzo de la investigación, el desarrollo tecnológico y la innovación» and Specific Objective 1.2.3. «Fomento y generacin de conocimiento frontera y de conocimiento orientado a los retos de la sociedad, desarrollo de tecnologías emergentes», through reference research project (PY20_00856). Co-financing percentage FEDER 80%. In addition, this paper is part of the Grant PID2020-114751RB-I00, funded by MCIN/AEI/10.13039/501100011033. In Sweden the study was supported by the Swedish Research Council for Health, Working Life and Welfare (FORTE) Grant no 2017-01063 and Grant no 2019-01311. Publisher Copyright: © The Author(s) 2022.

PY - 2023/4

Y1 - 2023/4

N2 - 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 3,162 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.

AB - 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 3,162 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.

KW - entrepreneur

KW - entrepreneurship

KW - wellbeing

KW - life satisfaction

KW - Eudaimonic well-being

KW - Vitality

KW - MENTAL HEALTH

KW - Stress

KW - agility

KW - crisis

KW - Covid-19

KW - Adversity

KW - Resilience

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U2 - 10.1177/10422587221104820

DO - 10.1177/10422587221104820

M3 - Article

SN - 1042-2587

VL - 47

SP - 682

EP - 723

JO - Entrepreneurship: Theory and Practice

JF - Entrepreneurship: Theory and Practice

IS - 3

ER -

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

Abstract

Keywords

UN SDGs

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