Keep it positive : exploring the relationship between stress, positive affect, wellbeing, and success of entrepreneurs

Drnovšek, Mateja (author), Slavec Gomezel, Alenka (author)

Entrepreneurs’ wellbeing is of unprecedented importance given their crucial role in national economies in terms of job creation and innovation. In this research, we used a mixed methods approach to investigate the direct and indirect mechanisms by which entrepreneurs’ wellbeing mediates the effects of stress on perceived entrepreneurial success. We theorize that entrepreneurs experience work-related stress and that the level of perceived wellbeing mediates the relationship between the entrepreneurs’ stress and perceived success. We also hypothesize moderation effects by dispositional positive affect. We find that stress has direct negative effects on entrepreneurs’ wellbeing and perceived success. However, an experience of positive affect significantly weakens the negative effects of stress by broadening and building entrepreneurs’ cognitions. Drawing from our theoretical and empirical findings, we discuss implications for theory and practice in the domain of entrepreneurs’ wellbeing.

• Language: English
• Keywords: family, career, work-life balance, stress, positive affect, wellbeing, entrepreneur, success, mixed-method
• Work type: Article
• Typology: 1.01 - Original Scientific Article
• Organization: EF - School of Economics and Business
• Publication status: Published
• Publication version: Version of Record
• Year: 2022
• Number of pages: 15 str.
• Numbering: Vol. 13, art. 970797
• PID: 20.500.12556/RUL-143651
• UDC: 331.3
• ISSN on article: 1664-1078
• DOI: 10.3389/fpsyg.2022.970797
• COBISS.SI-ID: 123072259
• Publication date in RUL: 05.01.2023

Record is a part of a journal

• Title: Frontiers in psychology
• Shortened title: Front. psychol.
• Publisher: Frontiers Media
• ISSN: 1664-1078
• COBISS.SI-ID: 519967513

Licences

• License: CC BY 4.0, Creative Commons Attribution 4.0 International
• Link: http://creativecommons.org/licenses/by/4.0/
• Description: This is the standard Creative Commons license that gives others maximum freedom to do what they want with the work as long as they credit the author.

Secondary language

• Language: Slovenian
• Keywords: družina, kariera, usklajevanje službenega in zasebnega življenja, stres

Projects

• Funder: ARRS - Slovenian Research Agency
• Project number: P5-0117
• Name: Trajnostna konkurenčnost slovenskega gospodarstva v evropskem in globalnem okviru