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Psychological resilience of entrepreneurs: A review and agenda for future research

Author

Listed:
  • Silja Hartmann
  • Julia Backmann
  • Alexander Newman
  • Kyle M. Brykman
  • Robert J. Pidduck

Abstract

Given that entrepreneurs face substantial adversity in initiating and developing new ventures, a burgeoning stream of research has sought to understand the concept of entrepreneurs’ psychological resilience. To structure and synthesize what we know about entrepreneurs’ psychological resilience, we systematically review the empirical literature to provide insights on how it has been conceptualized and operationalized, along with its key antecedents and outcomes. Based on our review, we advance a promising agenda for future research, grounded in connecting the psychological resilience of entrepreneurs to other research areas connected to the new venture development process. Overall, we point to the urgent need for theoretical precision to enhance the utility of empirical contributions, suggest promising research designs, expand on the important role of adversity, discuss potential boundary conditions, elaborate on the link between entrepreneurs’ psychological resilience and organizational resilience, and address the potential dark side of resilience.

Suggested Citation

  • Silja Hartmann & Julia Backmann & Alexander Newman & Kyle M. Brykman & Robert J. Pidduck, 2022. "Psychological resilience of entrepreneurs: A review and agenda for future research," Journal of Small Business Management, Taylor & Francis Journals, vol. 60(5), pages 1041-1079, September.
    • Handle: RePEc:taf:ujbmxx:v:60:y:2022:i:5:p:1041-1079
    DOI: 10.1080/00472778.2021.2024216
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    Citations

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    Cited by:

    1. Afsaneh Bagheri & Golshan Javadian & Pardis Zakeri & Zahra Arasti, 2024. "Bearing the Unbearable: Exploring Women Entrepreneurs Resilience Building in Times of Crises," Journal of Business Ethics, Springer, vol. 193(3), pages 715-738, September.
    2. A. Roy Thurik & David B. Audretsch & Jörn H. Block & Andrew Burke & Martin A. Carree & Marcus Dejardin & Cornelius A. Rietveld & Mark Sanders & Ute Stephan & Johan Wiklund, 2024. "The impact of entrepreneurship research on other academic fields," Small Business Economics, Springer, vol. 62(2), pages 727-751, February.
    3. Sabaa Sayed & Thouraya Gherissi Labben, 2024. "Failure in internationalization: motivation and self-efficacy after withdrawal from foreign markets," Journal of Innovation and Entrepreneurship, Springer, vol. 13(1), pages 1-25, December.
    4. Pidduck, Robert J. & Townsend, David M. & Busenitz, Lowell W., 2024. "Non-probabilistic reasoning in navigating entrepreneurial uncertainty: A psychology of religious faith lens," Journal of Business Venturing, Elsevier, vol. 39(4).
    5. Li, Xiaolin & Zhang, Mengjie & Liu, Weiwei & Wang, Ziyue, 2024. "The impact of entrepreneurial co-founders' support on founders' entrepreneurial resilience in the high-tech industry: The roles of perceived digital technology and perceived failure-tolerant climate," Technological Forecasting and Social Change, Elsevier, vol. 202(C).
    6. Javier Esteban Curiel & Arta Antonovica & Beatriz Rodríguez Herráez, 2024. "Longitudinal analysis of gender differences regarding entrepreneurial resilience," International Entrepreneurship and Management Journal, Springer, vol. 20(4), pages 2811-2838, December.
    7. Paolo Aversa & Cristina Bettinelli & Gabriella Levanti & Arabella Mocciaro Li Destri & Pasquale Massimo Picone, 2024. "Leveraging intersections in management," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 28(3), pages 687-705, September.
    8. Santos, Susana C. & Liguori, Eric W. & Garvey, Erin, 2023. "How digitalization reinvented entrepreneurial resilience during COVID-19," Technological Forecasting and Social Change, Elsevier, vol. 189(C).
    9. John Kiplangat Cheruiyot BA DipEd MSc MBA, 2024. "The Resilience of Micro and Small Enterprises in Kenya from a Strategic Perspective: A Systematic Literature Review," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 8(3s), pages 3197-3218, August.
    10. Abd Hamid, Hamizah & Pidduck, Robert J. & Newman, Alexander & Ayob, Abu Hanifah & Sidek, Farhana, 2023. "Intercultural resource arbitrageurs: A review and extension of the literature on transnational entrepreneurs," Journal of Business Research, Elsevier, vol. 165(C).
    11. Holger Patzelt & Dean A. Shepherd, 2024. "A fatigue model of social venturing," Small Business Economics, Springer, vol. 63(3), pages 1065-1088, October.

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