European Council for Small Business and Entrepreneurship
Engaged entrepreneurship research in Europe

Welcome to join the ECSB webinar “Stressors, recovery and well-being of entrepreneurs” with Dr. Dominika Wach on 29 March 2023 at 3:00-4:00 pm (CEST).

There is an increasing interest in entrepreneurs’ resilience and well-being from researchers and practitioners alike. This is because entrepreneurs’ resilience and ‘happiness’ relate to their creativity, productivity, and their business’ success (e.g., Stephan, 2018; Wach, Stephan, Weinberger, & Wegge, 2020; Weinberger, Wach, Stephan, & Wegge, 2018). The Covid-19 pandemic has accelerated this interest. For instance, our international project “Supporting Entrepreneurship during the Covid-19 Pandemic: A Global Study of Entrepreneurs’ Resilience and Well-being” documented the profound threat to entrepreneurs’ well-being and their businesses stemming from the Covid-19 pandemic. While entrepreneurs were occasionally thriving, most struggled with increased stress and impaired mental well-being. Many lacked strategies to protect their well-being and some gave up eventually their businesses because of it. Existing research into recovery documents its positive effects but also highlights how difficult it can be to engage in recovery when work is particularly stressful (Sonnentag, 2018). This presentation will show newly initiated research agenda on entrepreneurs’ recovery (Wach et al., 2020, Weinberger et al., 2018; Williamson, Gish, & Stephan, 2021), that is moving from documenting challenges in entrepreneurs’ well-being to implementing and testing recovery strategies to help enhance entrepreneurs’ well-being and their resilience. In this regard, preliminary findings will be given about intervention to equip entrepreneurs with so-called recovery strategies, i.e. strategies that are proven to aid recovery from work stress and thereby allow entrepreneurs to safeguard their well-being.

About the speaker:
Dominika Wach is researcher and lecturer in the department of Work and Organizational Psychology at Technische Universität Dresden, Germany. Her specialties are entrepreneurship and occupational health. Amongst others, she published her research in Journal of Business Venturing, Entrepreneurship Theory and Practice, Journal of Small Business Management, and International Small Business Journal. Dr. Wach was a head of a Polish partner institution and research team in research projects on success factors of SMEs in Germany, Czech Republic, and Poland funded by German Federal Ministry of Education and Research (BMBF) and she has published on the topic of entrepreneurial performance, well-being, and recovery. Dominika Wach is a member of Academy of Management (AoM), European Council for Small Business and Entrepreneurship (ECSB), and German Psychological Society (DGPs).

NOTE! ECSB/ISBE webinars are open to both ECSB and ISBE members. Your membership status will be checked before granting access to the event. To become an ECSB member, visit https://ecsb.org/join-ecsb/. To join ISBE visit https://isbe.org.uk/about-us/how-to-join/ .

Register by 28 March 2023 HERE.