Journal of Small Business Management,
Journal Year:
2023,
Volume and Issue:
62(4), P. 2016 - 2057
Published: April 20, 2023
COVID-19
pandemic,
a
consensus
crisis
that
has
had
profound
effect
on
societies
and
economies
globally,
compelled
family
businesses
to
respond
strategically
in
order
remain
afloat.
We
examine
the
role
of
their
owner-managers'
emotions
strategic
response
drawing
38
in-depth
interviews
with
owner-managers
small
Cyprus.
Our
findings
reveal
have
experienced
mainly
negative
during
including
higher
levels
stress,
insecurity,
fear,
doubt.
By
reflecting
these
emotions,
can
activate
affective
mechanisms
apply
stewardship
logic
strategically.
contribute
business
literature
by
conceptualizing
key
processes
at
intersection
between
owner-manager
responses
pandemic.
focusing
individual
(that
is,
owner-manager)
emotional
attitudes,
our
study
provides
microfoundational
explanation
external
crises
offers
both
theoretical
practical
implications.
Small Business Economics,
Journal Year:
2022,
Volume and Issue:
61(1), P. 417 - 443
Published: Sept. 28, 2022
Abstract
The
Big
Five
personality
traits
and
their
influence
on
entrepreneurial
action
have
been
repeatedly
studied
using
a
trait-based
approach.
present
paper
partly
deviates
from
this
perspective
by
analysing
the
role
of
prototypes
in
relation
to
entrepreneurship.
This
person-centred
approach
suggests
that
combinations
form
individual
personalities.
By
data
German
Socio-Economic
Panel
(SOEP),
we
show
at
least
three
can
be
identified,
one
which
—
resilient
type
hypothesized
significantly
increase
likelihood
action.
Our
regression
results
provide
evidence
positive
impact
prototype
transitioning
into
self-employment
but
not
exit.
We
also
prototyping
explains
decisions
over
above
what
already
explained
profiling
approach,
another
concludes
with
implications
for
policy
research.
Journal of Small Business Management,
Journal Year:
2023,
Volume and Issue:
62(4), P. 2016 - 2057
Published: April 20, 2023
COVID-19
pandemic,
a
consensus
crisis
that
has
had
profound
effect
on
societies
and
economies
globally,
compelled
family
businesses
to
respond
strategically
in
order
remain
afloat.
We
examine
the
role
of
their
owner-managers'
emotions
strategic
response
drawing
38
in-depth
interviews
with
owner-managers
small
Cyprus.
Our
findings
reveal
have
experienced
mainly
negative
during
including
higher
levels
stress,
insecurity,
fear,
doubt.
By
reflecting
these
emotions,
can
activate
affective
mechanisms
apply
stewardship
logic
strategically.
contribute
business
literature
by
conceptualizing
key
processes
at
intersection
between
owner-manager
responses
pandemic.
focusing
individual
(that
is,
owner-manager)
emotional
attitudes,
our
study
provides
microfoundational
explanation
external
crises
offers
both
theoretical
practical
implications.