Entrepreneurship and well-being: Past, present, and future

By Johan Wiklund, Boris N. Nikolaev, Nadav Shir, Maw-Der Foo, S. Bradley. Journal of Business Venturing, 2019

568 citations recorded by the source corpus.

Abstract Entrepreneurship research typically emphasizes firm-level outcomes such as growth and performance. However, people pursue entrepreneurship for deeply personal, idiosyncratic reasons. Therefore, as in other self-organized human pursuits, how entrepreneurship relates to fulfillment and well-being is of utmost importance. In this paper, we provide an overview of the well-being concept, related research, and its connection to entrepreneurship. We define entrepreneurial well-being as the experience of satisfaction, positive affect, infrequent negative affect, and psychological functioning in relation to developing, starting, growing, and running an entrepreneurial venture. We explain this definition of entrepreneurial well-being and review significant developments in our field and the broader field of well-being. Highlights of social, technological and institutional trends illustrate key areas for future research that can enhance our understanding of these phenomena. The eight papers in this special issue focus on entrepreneurial well-being each offering a specific perspective on how scholars can theorize and study the antecedents and consequences of entrepreneurship related to well-being.

Subfields: Applied Psychology, Management of Technology and Innovation, Social Psychology

View Paper: https://www.semanticscholar.org/paper/2bc3e9247d2d0fcc28f4cb95b6bd31991e50c70d

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In Applied Psychology

In Management of Technology and Innovation

In Social Psychology

Citations in the corpus

Self-Compassion When Coping With Venture Obstacles: Loving-Kindness Meditation and Entrepreneurial Fear of Failure (2019, background): “Because of their busy lives and long working hours compared to employees (Hartog et al., 2010), LKM provides a practical and accessible intervention for entrepreneurs, allowing our study to establish a much- needed link between theory and practice (Wiklund et al., 2019).”
Entrepreneurship, Self-Organization, and Eudaimonic Well-Being: A Dynamic Approach (2021, background): “Whereas the theoretical and empirical work on well- being in entrepreneurship is advancing rapidly (Wiklund et al., 2019), the perspective and conceptualization of entrepreneurial well- being as a dynamically evolving phenomenon has received little attention in prior scholarship.”
The Effects of Financial Literacy on Sustainable Entrepreneurship (2021, background): “Scholars in entrepreneurship often highlight firm-level outcomes: economic growth and business performance [5].”