Confronting Entrepreneurial Stress - Unpacking the Coping Strategies of Entrepreneurs
(2024) ENTN19 20241Department of Business Administration
- Abstract
- The recent surge in entrepreneurship can be attributed, in part, to the perceived advantages it offers, such as independence and flexibility, which have motivated many to pursue this career path. Beneath the surface, however, the entrepreneurial landscape is filled with frustrations and challenges that affect the emotional well-being of business owners. Understanding these challenges and identifying effective coping strategies are crucial for enhancing the well-being of entrepreneurs and ensuring the long-term benefits of entrepreneurial activities for society. Current literature often isolates coping mechanisms without providing a structured analysis of how these strategies interconnect to support mental health in entrepreneurship. Our... (More)
- The recent surge in entrepreneurship can be attributed, in part, to the perceived advantages it offers, such as independence and flexibility, which have motivated many to pursue this career path. Beneath the surface, however, the entrepreneurial landscape is filled with frustrations and challenges that affect the emotional well-being of business owners. Understanding these challenges and identifying effective coping strategies are crucial for enhancing the well-being of entrepreneurs and ensuring the long-term benefits of entrepreneurial activities for society. Current literature often isolates coping mechanisms without providing a structured analysis of how these strategies interconnect to support mental health in entrepreneurship. Our thesis investigates the coping mechanisms entrepreneurs use and practically presents them way to help them effectively manage these challenges. Using an inductive, qualitative approach and the Gioia methodology, we conducted in-depth interviews with eleven entrepreneurs to explore the practical applications of these strategies. Our research contributes to the existing literature by not only identifying various coping strategies but also categorising them into higher constructs of cognition, conation, and affection. This structured approach provides a deeper understanding of the interdependencies among these strategies and offers actionable insights for entrepreneurs seeking to enhance their resilience. Furthermore, our thesis incorporates a framework that visualises the interconnectedness of these constructs, highlighting their synergistic relationship in facilitating effective coping. Overall, our study contributes to the understanding of entrepreneurial coping mechanisms, offering theoretical implications and practical applications to help entrepreneurs better cope with the challenges inherent in their businesses. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/9163478
- author
- Stahl, Raphael LU and Domián, Lili Zsófia LU
- supervisor
-
- Ziad El-Awad LU
- organization
- course
- ENTN19 20241
- year
- 2024
- type
- H1 - Master's Degree (One Year)
- subject
- language
- English
- id
- 9163478
- date added to LUP
- 2024-06-19 17:36:08
- date last changed
- 2024-06-19 17:36:08
@misc{9163478,
abstract = {{The recent surge in entrepreneurship can be attributed, in part, to the perceived advantages it offers, such as independence and flexibility, which have motivated many to pursue this career path. Beneath the surface, however, the entrepreneurial landscape is filled with frustrations and challenges that affect the emotional well-being of business owners. Understanding these challenges and identifying effective coping strategies are crucial for enhancing the well-being of entrepreneurs and ensuring the long-term benefits of entrepreneurial activities for society. Current literature often isolates coping mechanisms without providing a structured analysis of how these strategies interconnect to support mental health in entrepreneurship. Our thesis investigates the coping mechanisms entrepreneurs use and practically presents them way to help them effectively manage these challenges. Using an inductive, qualitative approach and the Gioia methodology, we conducted in-depth interviews with eleven entrepreneurs to explore the practical applications of these strategies. Our research contributes to the existing literature by not only identifying various coping strategies but also categorising them into higher constructs of cognition, conation, and affection. This structured approach provides a deeper understanding of the interdependencies among these strategies and offers actionable insights for entrepreneurs seeking to enhance their resilience. Furthermore, our thesis incorporates a framework that visualises the interconnectedness of these constructs, highlighting their synergistic relationship in facilitating effective coping. Overall, our study contributes to the understanding of entrepreneurial coping mechanisms, offering theoretical implications and practical applications to help entrepreneurs better cope with the challenges inherent in their businesses.}},
author = {{Stahl, Raphael and Domián, Lili Zsófia}},
language = {{eng}},
note = {{Student Paper}},
title = {{Confronting Entrepreneurial Stress - Unpacking the Coping Strategies of Entrepreneurs}},
year = {{2024}},
}