Entrepreneurial Leadership and Fear of COVID-19 Pandemic Impact on Job Security and Psychological Well-being: A Conceptual Model

Abstract

In the paper, we posit that leadership and psychological well-being are most conducive to minimizing job insecurity, whichis an integral part of enterprise sustainability. Our research explores the relationship between entrepreneurial leadership and mental health. We emphasize the role leaders play in the psychological distress levels of employees. The current conceptual research is based on a leadership theory, explores its internal mechanism from the perspective of entrepreneurial leadership and organizational psychology. The relationships between entrepreneurial leadership, job security, fear of COVID19, psychological well-being are discussed. We assume that entrepreneurial leadership leads to decreased job insecurity and improved psychological well-being. Moreover, fear of COVID-19 leads to adverse psychological well-being and moderates the relationship between entrepreneurial leadership and job insecurity. The findings suggest that entrepreneurship and innovation are vital components that companies should cultivate to cope with the economic challenges of COVID-19 pandemic. With these new knowledge initiatives to tackle COVID-19 psychological and organizational consequences can be developed.