Open Access Article

Title: Resilience, optimism, and entrepreneurial well-being: a review and research agenda

Authors: Nghia Chi Nguyen; Jamila Abaidi Hasnaoui; George Lodorfos; Dolly Matta; Igor Laine

Addresses: Aomori Chuo Gakuin University, 12-1 Kanda, Yokouchi, Aomori City, Aomori, 030-0132, Japan; Graduate School of Economics and Management – SDGs Lab, Tohoku University, 27-1, Kawauchi, Aoba-ku, Sendai-shi, 980-8576, Japan ' CERIIM – Research Center in Managerial Intelligence and Innovation, La Rochelle Business School, 102 Rue de Coureilles, 17000 La Rochelle, France ' Leeds Business School, Leeds Beckett University, The Rose Bowl, Portland Cres, Leeds LS1 3HB, UK ' American University of Technology, Byblos Highway, Halat, Mont-Liban, Lebanon ' LUT University Business School, Yliopistonkatu 34, 53850 Lappeenranta, Finland

Abstract: This study investigates the relationship between entrepreneurship and well-being, contributing to the debate in the literature as to how entrepreneurship relates to resilience, optimism and well-being. While existing studies acknowledge that entrepreneurship contributes to economic indicators like GDP growth and employment, they seldom explore its direct impact on well-being. By reviewing literature on entrepreneurial versus non-entrepreneurial thinking and their effects on well-being, this paper identifies that entrepreneurial thinking promotes well-being through increased income, self-employment, and financial security. However, it remains unclear how entrepreneurial thinking directly targets well-being. The study emphasises the need for future research to explore how entrepreneurial mindsets help individuals perceive and respond to daily challenges and adversity positively, ultimately enhancing their fulfilment. This investigation aims to expand the scope of entrepreneurship research to include psychological well-being, thereby contributing to a more comprehensive understanding of entrepreneurship's impact on human welfare.

Keywords: entrepreneurial mindsets; happiness; adversity; psychology.

DOI: 10.1504/IJESB.2025.146149

International Journal of Entrepreneurship and Small Business, 2025 Vol.55 No.6, pp.20 - 40

Received: 02 Nov 2024
Accepted: 19 Jan 2025

Published online: 07 May 2025 *