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Accueil » The Health and Well-Being of Entrepreneurs, Family Business CEOs, and Stakeholders in Times of Crises
Entrepreneurial well-being and mental health are critical for the sustained success and growth of businesses, as they influence decision-making, innovation, and leadership effectiveness. Entrepreneurs often face high stress due to responsibilities and uncertainties in starting and managing a business (Czakon et al., 2024). This stress is exacerbated during crises, with impacts like financial loss, perceived loss of status, and fear of uncertainty (Castellanza and Woywode, 2024). Poor mental health can diminish productivity, creativity, and overall business performance (Hessels et al., 2017).
The COVID-19 pandemic had a profound impact on entrepreneurs, intensifying stress, anxiety, and burnout due to financial instability, market disruptions, and social isolation (Ratten, 2020; Lee et al., 2024). Entrepreneurs faced supply chain breakdowns, operational changes, and layoffs, all of which heightened psychological strain. Stress, anxiety, and depression have been linked to excessive workloads and the financial consequences of the pandemic (Patel and Rietveld, 2020).
Social and environmental crises also affect entrepreneurs’ mental health. Isolation during lockdowns disrupted essential social interactions, worsening mental health issues such as anxiety and depression (Holt-Lunstad et al., 2015). Additionally, natural disasters and environmental crises placed further psychological strain on entrepreneurs through business disruptions and recovery efforts (Corey and Deitch, 2011).
Addressing entrepreneurial mental health is a societal challenge. A mentally healthy entrepreneur is more innovative, productive, and capable of creating jobs. Considering that SMEs comprise 99% of businesses in the EU, with 95 million jobs, this issue has significant economic implications (European Commission, 2023).
This special issue seeks to explore the following:
Contributions from various disciplines are welcome, including qualitative, quantitative, and longitudinal studies, to provide deeper insights into the intersection of entrepreneurial mental health and crisis management.
For questions regarding the content of this special issue, please contact the guest editors:
• Dorian Boumedjaoud: dorian.boumedjaoud@bsb-education.com
• Nizar Ghamgui: nghamgui@em-normandie.fr
• Waleed Omri: omriw@excelia-group.com
• Vanessa Ratten: v.ratten@latrobe.edu.au