H2020Individual fellowship2018–2021

PosEnt · Positive Entrepreneurship

Horizon 2020 — Marie Skłodowska-Curie Actions

Duration
2018-09-17 → 2021-03-19
EU contribution
€195,455
Participants
1
Scheme
MSCA-IF-EF-ST

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Results in brief

Positive Entrepreneurship

The aim of the Positive Entrepreneurship (PosEnt) project was to advance new insight into the well-being of entrepreneurs, especially the interplay of signature strengths, eudaimonic well-being, emotions, and more generally the micro-foundations of entrepreneurial action and family context. PosEnt examined the well-being of entrepreneurs as an important resource for their success. Entrepreneurs’ well-being fuels their creativity, innovation, persistence and firm performance. Entrepreneurs’ well-being also impacts their life partners. Ultimately entrepreneurs’ who feel well are more likely to contribute positively to the welfare of the economy and society. PosEnt sought to understand entrepreneurs’ well-being in its different facets and to chart its key drivers. We investigated both entrepreneurs’ hedonic (‘feeling well’) and eudaimonic (‘doing well’, optimal functioning) well-being and charted drivers of well-being related to the nature of entrepreneurs’ business, their work and home-context over time. Multiple studies examined sources of the day-to-day well-being of entrepreneurs, traced their well-being in response to the Covid-19 pandemic in a longitudinal study, as well as in a large cross-country comparative study. The Covid-19 pandemic impacted entrepreneurs in unprecedented ways. They worried about their and their families’ health, dealt with uncertainty related to lockdowns, and faced difficulties to keep their businesses afloat. This created high levels of stress, but also triggered reactions such as pivoting of business plans and recognition of new opportunities generated by the pandemic. Through the research we sought to support entrepreneurs in this time of crisis.

Data: CORDIS, © European Union

Project objective

The goal of Positive Entrepreneurship (PosEnt) is to train a talented researcher through a research project focused on a novel application of positive psychology in the field of entrepreneurship. The project will investigate signature strengths, positive emotions, thriving, resilience and eudaimonic well-being (WB) of entrepreneurs and their families. This multidisciplinary project will help to open a new direction of Positive Entrepreneurship research and will have an impact on science and business practice in Europe. To date the WB of entrepreneurs and their families has received only limited attention and research is: (1) rather static, (2) focused on entrepreneur-employee comparisons, (3) informed by relatively ‘old theories’ about drivers of WB of employees, (4) focused on subjective WB. What is missing is a more interactive/collective, process-oriented view that considers processes related to eudaimonic WB and thriving.The fellow – Dr. Przemysław Zbierowski, will be trained in a number of skills (concerning research, publication, dissemination and transfer of knowledge) that have been identified by him as insufficiently developed to advance his career and to achieve (1) maturity which will be reflected in professorship in home country and (2) potential to lead research teams across Europe. At the host institution – Aston University and during the secondments, the applicant will have access to unique training experience, outstanding researchers, including the supervisor – Prof. Ute Stephan, with diverse backgrounds from psychology, economics, and geography to entrepreneurship.The PosEnt output will be relevant for European science base and economic and social life. The outputs will contribute to the enhancement of EU scientific excellence by opening the innovative direction of Positive Entrepreneurship. Outputs will be practice-relevant: encouraging entrepreneurship, facilitating growth of SMEs, and enhancing welfare of entrepreneurs and their families.

Original text from CORDIS.

Participants

Links

Data: CORDIS, © European Union