The COVID-19 crisis presents manifest threats for entrepreneurs since their business survival is often directly at stake given the alarming economic downturn. This existential threat, together with their crucial role in the economy, is the reason for the plethora of public financial support schemes being implemented throughout the entire world. However, support schemes for mental health are lacking. We aim to investigate, first, whether burnout levels have increased during the crisis and, second, whether burnout levels during the COVID-19 crisis depend on the threat of becoming ill, having to stay at home due to the lockdown, and/or having to file for bankruptcy due to the economic downturn. We do so using seven data sets of French entrepreneurs with a temporal comparison of averages and two data sets of French entrepreneurs with a cross-sectional analysis of individuals. Our findings show that indeed, the risks of burnout have increased during the pandemic and that the threat of bankruptcy is the dominant threat. As an increasing number of studies in the entrepreneurship literature indicate that entrepreneurs’ mental health influences their activities, as well as the growth and sustainability of their ventures, our study is important and timely in its contribution, as it takes a close look at the perception of burnout in general and more specifically during the COVID-19 pandemic. Plain English Summary The risk of burnout in French entrepreneurs has increased significantly during the COVID-19 pandemic, which calls for not only financial support but also other forms of support. The COVID-19 pandemic presents many threats for entrepreneurs since their business survival is often directly at stake. These threats are not just financial but also related to health, such as the threat of burnout. The findings of our study show that for French entrepreneurs, the threat of burnout increased after the arrival of the COVID-19 pandemic. This finding raises the question whether this outcome is due to the threat to health, the effects of the lockdown, or the threat of bankruptcy. It appears that all three factors play important roles, although the financial threat is the dominant threat. These findings call for the extension of entrepreneurial support systems beyond the financial area by also involving an “entrepreneurship care” aspect, which includes telephone support, webinars, and mental help facilities.
Drawing on the conservation of resources (COR) theory, we examine the role of two types of family support-emotional and instrumental support-in work-family balance and subjective well-being of small and medium enterprise (SME) owners. Using a sample of French SME owners, our results show that work-family balance mediates the relationship between family support and subjective well-being of SME owners. Surprisingly, while emotional support has a positive association, instrumental support has a negative association with the subjective well-being of SME owners via work-family balance. We provide a theoretical explanation by integrating COR theory with the threat to selfesteem model.
Although the literature on affect (i.e., the extent to which an individual subjectively experiences feelings and emotions) is burgeoning in the field of entrepreneurship, affect has not received sufficient attention with respect to an important antecedent to entrepreneurial success-entrepreneurial orientation. In this paper, we investigate the role of both positive and negative affect in entrepreneurial orientation (i.e., the strategic posture of a firm/individual with respect to innovativeness, proactiveness, and risk taking) and entrepreneurial success. The results of our analysis, based on two samples (337 Dutch sole proprietors and 254 French small business owners), show that positive affect is positively associated with entrepreneurial orientation, whereas negative affect is negatively associated with entrepreneurial orientation for sole proprietors. With respect to entrepreneurial success, results are mixed. The present study contributes to the understanding of the role of affect in entrepreneurial orientation. It also contributes to the literature on entrepreneurial success, the ultimate objective in the field of entrepreneurship.
Prevailing research on individuals’ compliance with public health related behaviours during the COVID-19 pandemic tends to study composite measures of multiple types of behaviours, without distinguishing between different types of behaviours. However, measures taken by governments involve adjustments concerning a range of different daily behaviours. In this study, we seek to explain students’ public health related compliance behaviours during the COVID-19 pandemic by examining the underlying components of such behaviours. Subsequently, we investigate how these components relate to individual attitudes towards public health measures, descriptive norms among friends and family, and key demographics. We surveyed 7,403 university students in ten countries regarding these behaviours. Principal Components Analysis reveals that compliance related to hygiene (hand washing, coughing behaviours) is uniformly distinct from compliance related to social distancing behaviours. Regression analyses predicting Social Distancing and Hygiene lead to differences in explained variance and type of predictors. Our study shows that treating public health compliance as a sole construct obfuscates the dimensionality of compliance behaviours, which risks poorer prediction of individuals’ compliance behaviours and problems in generating valid public health recommendations. Affecting these distinct behaviours may require different types of interventions.
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