Act or Wait-and-See? Adversity, Agility, and Entrepreneur Wellbeing across Countries during the COVID-19 Pandemic
Stephan, Ute; Zbierowski, Przemysław; Pérez-Luño, Ana; Wach, Dominika; Wiklund, Johan; Alba Cabañas, Marisleidy; Barki, Edgard; Benzari, Alexandre; Bernhard-Oettel, Claudia; Boekhorst, Janet A.; Dash, Arobindu; Efendic, Adnan; Eib, Constanze; Hanard, Pierre-Jean; Iakovleva, Tatiana Aleksandrovna; Kawakatsu, Satoshi; Khalid, Saddam; Leatherbee, Michael; Li, Jun; Parker, Sharon K.; Qu, Jingjing; Rosati, Francesco; Sahasranamam, Sreevas; Salusse, Marcus A. Y.; Sekiguchi, Tomoki; Thomas, Nicola; Torrès, Olivier; Tran, Mi Hoang; Ward, M.K.; Williamson, Amanda Jasmine; Zahid, Muhammad Mohsin
Peer reviewed, Journal article
Published version
Permanent lenke
https://hdl.handle.net/11250/3058536Utgivelsesdato
2022Metadata
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Originalversjon
Stephan, U., Zbierowski, P., Pérez-Luño, A., Wach, D., Wiklund, J., Alba Cabañas, M., ... & Zahid, M. M. (2022). Act or wait-and-see? Adversity, agility, and entrepreneur wellbeing across countries during the COVID-19 pandemic. Entrepreneurship Theory and Practice, 10422587221104820. 10.1177/10422587221104820Sammendrag
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.