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. 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

^*Corresponding author for this work

Centre for Technology Entrepreneurship

King's College London
University of Economics in Katowice
Universidad Pablo de Olavide
Fundação Getúlio Vargas
Montpellier Business School
Stockholm University
University of Waterloo
Leuphana University of Lüneburg
University of Sarajevo
Uppsala University
University of Stavanger
Kyoto University
University of Hyogo
Pontificia Universidad Católica de Chile
University of Huddersfield
Curtin University
University of Strathclyde
Insper
University of Liverpool
Université de Montpellier
University of Waikato
Fundación Universitaria Konrad Lorenz
Shanghai Artificial Intelligence Laboratory
Zipline.io
Neuron Business and Development Solutions
Technische Universität Dresden
Syracuse University

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

237 Downloads (Orbit)

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

Access to Document

10.1177/10422587221104820

fulltextFinal published version, 2.31 MB

OpenUrl availability

Check availability in DTU Findit

Cite this

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

@article{e650d2511e9442f9ac580a1632f99e7e,

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

author = "Ute Stephan and Przemys{\l}aw 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 Boekhorst, \{Janet A.\} and Arobindu Dash and Adnan Efendic and Constanze Eib and Hanard, \{Pierre Jean\} 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 Torr{\`e}s and Tran, \{Mi Hoang\} and Ward, \{M. K.\} and Williamson, \{Amanda Jasmine\} and Zahid, \{Muhammad Mohsin\}",

note = "Publisher Copyright: {\textcopyright} The Author(s) 2022.",

year = "2023",

doi = "10.1177/10422587221104820",

language = "English",

volume = "47",

journal = "Entrepreneurship: Theory and Practice",

issn = "1042-2587",

publisher = "SAGE Publications Ltd",

number = "3",

}

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

TY - JOUR

T1 - Act or Wait-and-See?

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

PY - 2023

Y1 - 2023

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 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.

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 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.

KW - Adversity

KW - Agility

KW - COVID-19 pandemic

KW - Crisis

KW - Entrepreneurship

KW - Life satisfaction

KW - Resilience

KW - Stress

KW - Subjective vitality

KW - Wellbeing

U2 - 10.1177/10422587221104820

DO - 10.1177/10422587221104820

M3 - Journal article

AN - SCOPUS:85131757706

SN - 1042-2587

VL - 47

JO - Entrepreneurship: Theory and Practice

JF - Entrepreneurship: Theory and Practice

IS - 3

M1 - 104225872211048

ER -