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; M. K. 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^*, 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. ParkerJingjing Qu, Francesco Rosati, Sreevas Sahasranamam, Marcus A.Y. Salusse, Tomoki Sekiguchi, Nicola Thomas, Olivier Torrès, Mi Hoang Tran, M. K. Ward, Amanda Jasmine Williamson, Muhammad Mohsin Zahid

^*Corresponding author for this work

Research output: Contribution to journal › Journal article › Research › peer-review

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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.

Original language	English
Article number	104225872211048
Journal	Entrepreneurship: Theory and Practice
Volume	47
Issue number	3
Number of pages	42
ISSN	1042-2587
DOIs	https://doi.org/10.1177/10422587221104820
Publication status	Published - 2023

Keywords

Adversity
Agility
COVID-19 pandemic
Crisis
Entrepreneurship
Life satisfaction
Resilience
Stress
Subjective vitality
Wellbeing

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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. A., 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), Article 104225872211048. https://doi.org/10.1177/10422587221104820

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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.",

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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, JA, Dash, A, Efendic, A, Eib, C, Hanard, PJ, Iakovleva, T, Kawakatsu, S, Khalid, S, Leatherbee, M, Li, J, Parker, SK, Qu, J, Rosati, F, Sahasranamam, S, Salusse, MAY, Sekiguchi, T, Thomas, N, Torrès, 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, 104225872211048. https://doi.org/10.1177/10422587221104820

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T2 - Adversity, Agility, and Entrepreneur Wellbeing across Countries during the COVID-19 Pandemic

AU - Stephan, Ute

AU - Zbierowski, Przemysław

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 A.

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 - Torrès, Olivier

AU - Tran, Mi Hoang

AU - Ward, M. K.

AU - Williamson, Amanda Jasmine

AU - Zahid, Muhammad Mohsin

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KW - Agility

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KW - Crisis

KW - Entrepreneurship

KW - Life satisfaction

KW - Resilience

KW - Stress

KW - Subjective vitality

KW - Wellbeing

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DO - 10.1177/10422587221104820

M3 - Journal article

AN - SCOPUS:85131757706

SN - 1042-2587

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JO - Entrepreneurship: Theory and Practice

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