• Login / Register
    View Item 
    •   Home
    • Faculty of Business and Management
    • Centre for Work Related Studies
    • Centre for Work Related Studies
    • View Item
    •   Home
    • Faculty of Business and Management
    • Centre for Work Related Studies
    • Centre for Work Related Studies
    • View Item
    JavaScript is disabled for your browser. Some features of this site may not work without it.

    Browse

    All of ChesterRepCommunitiesTitleAuthorsPublication DateSubmit DateSubjectsPublisherJournalThis CollectionTitleAuthorsPublication DateSubmit DateSubjectsPublisherJournalProfilesView

    My Account

    LoginRegister

    About

    AboutUniversity of Chester

    Statistics

    Display statistics

    Entrepreneurial resilience

    • CSV
    • RefMan
    • EndNote
    • BibTex
    • RefWorks
    Thumbnail
    Name:
    EntRes Encyclopedia Final ...
    Embargo:
    2219-10-01
    Size:
    660.6Kb
    Format:
    PDF
    Request:
    Main chapter
    Request
    Authors
    Evans, Vicky
    Wall, Tony
    Affiliation
    University of Chester
    Publication Date
    2019-10-01
    
    Metadata
    Show full item record
    Abstract
    The vast majority of businesses in all countries - between 70% and 95% - are micro-businesses, i.e. enterprises that employ fewer than ten people (OECD, 2017). Their impact on the economies and societies in which they operate is therefore significant, collectively acting as important sources of employment, growth and innovation (ibid, 2017). However, the existence of many of these businesses is often precarious, especially in the early stages of their development. Many newly created businesses fail within the first few years of life with mortality rates ranging from around 10% (UK, USA, Sweden) to 45% (Slovak Republic) in the first year (ibid, 2017). As a result, the entrepreneurial activity to create and manage these businesses is very demanding and exposes entrepreneurs to situations which would be expected to create high levels of stress among the general population (e.g. a rapidly changing and unpredictable environment, high responsibility, high workload). The demands of business start-up and ownership could be expected to create a higher risk of mental health problems. Isolation and long working hours could contribute to an increased risk of depression. Moreover, for many entrepreneurs, their business ventures are personal passions and their self-worth and well-being can be intimately connected to the success of those ventures (Murnieks, Mosakowski and Cardon, 2014). On a practical level, the pressures are often high and can create anxiety as personal financial well-being is often directly related to the ability to close the next deal. Furthermore, Spivak, McKelvie and Haynie (2014) highlight a possible “dark side” of entrepreneurship outcomes, finding that habitual entrepreneurs can suffer from symptoms of behavioural addictions - withdrawal-engagement patterns, obsessive thoughts, and negative emotions - arising from repeated venture creation activities. However, at the same time, Baron, Franklin and Hmieleski (2016) find that entrepreneurs experience lower stress compared to other occupational groups when creating new ventures. Baron et al (2016) suggest self-selection effects as the underlying mechanism producing entrepreneurs that are above average (as a group) in their capacity to handle stress effectively, arguing that those who persist in entrepreneurship acquire this capacity, the resilience to handle the stressors and challenges of their entrepreneurial context.
    Citation
    Evans, V. & Wall, T. (2019). Entrepreneurial Resilience. In Leal Filho, W. (ed.), Encyclopedia of the United Nations Sustainability Goals: Good Health & Wellbeing. Springer.
    Publisher
    Springer
    URI
    http://hdl.handle.net/10034/621473
    Additional Links
    https://www.springer.com/us/book/9783319956800
    Type
    Book chapter
    Language
    en
    Description
    The final publication is available at Springer via DOI TBC
    ISSN
    2523-7403
    ISBN
    9783319956800
    Collections
    Centre for Work Related Studies

    entitlement

     
    DSpace software (copyright © 2002 - 2021)  DuraSpace
    Quick Guide | Contact Us
    Open Repository is a service operated by 
    Atmire NV
     

    Export search results

    The export option will allow you to export the current search results of the entered query to a file. Different formats are available for download. To export the items, click on the button corresponding with the preferred download format.

    By default, clicking on the export buttons will result in a download of the allowed maximum amount of items.

    To select a subset of the search results, click "Selective Export" button and make a selection of the items you want to export. The amount of items that can be exported at once is similarly restricted as the full export.

    After making a selection, click one of the export format buttons. The amount of items that will be exported is indicated in the bubble next to export format.