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 A. Boekhorst, Arobindu Dash, Adnan Efendic, Constanze Eib, Pierre-Jean Hanard, Tatiana Iakovleva, Satoshi Kawakatsu, Saddam Khalid, Michael Leatherbee, Jun Li, Sharon ParkerJingjing Qu, Francesco Rosati, Sreevas Sahasranamam, Marcus Alexandre Yshikawa Salusse, Tomoki Sekiguchi, Nicola Thomas, Olivier Torrès, Mi Hoang Tran, M.K. Ward, Amanda Williamson, Muhammad Mohsin Zahid

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20 Citations (Scopus)
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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 languageEnglish
Pages (from-to)682-723
Number of pages42
JournalEntrepreneurship Theory and Practice
Issue number3
Early online date9 Jun 2022
Publication statusE-pub ahead of print - 9 Jun 2022


  • entrepreneurship
  • wellbeing
  • crisis
  • Covid-19 pandemic
  • agility
  • adversity
  • life satisfaction
  • subjective vitality
  • stress
  • resilience


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  • Data for: "Act or Wait-and-See? Adversity, Agility, and Entrepreneur Wellbeing across Countries during the COVID-19 Pandemic"

    Stephan, U. (Creator), Zbierowski, P. (Creator), Pérez-Luño, A. (Creator), Wach, D. (Creator), Wiklund, J. (Creator), Alba Cabañas, M. (Creator), Barki, E. (Creator), Benzari, A. (Creator), Bernhard-Oettel, C. (Creator), Boekhorst, J. A. (Creator), Dash, A. (Creator), Efendic, A. (Creator), Eib, C. (Creator), Hanard, P. (Creator), Iakovleva, T. (Creator), Kawakatsu, S. (Creator), Khalid, S. (Creator), Leatherbee, M. (Creator), Li, J. (Creator), Parker, S. K. (Creator), Qu, J. (Creator), Rosati, F. (Creator), Sahasranamam, S. (Creator), Salusse, M. A. Y. (Creator), Sekiguchi, T. (Creator), Thomas, N. (Creator), Torrès, O. (Creator), Tran, M. H. (Creator), Ward, M. K. (Creator), Williamson, A. J. (Creator) & Zahid, M. M. (Creator), figshare, 17 Mar 2023


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