Abstract
The present article aims to summarize and classify existing research entrepreneurs' well-being through a bibliometric literature review. Its main objectives are: to identify the different theoretical perspectives and research strands that characterize and define literature on entrepreneurs' well-being and highlight the connections between them; as well to look for emerging trends and gaps in its literature by comparing the most recent works with those that represent the field's core. The document is based on bibliometric data: it uses citation techniques to select, analyze, and interpret citation patterns within the literature on entrepreneurs' well-being. The paper identifies six main groups, as well as several specific research flows and common themes that represent academic publications on entrepreneurs' well-being. The research strands on the topic are grouped into six different theoretical perspectives grounded in entrepreneurship related to: culture, education, innovation, sustainable development and small business; psychological well-being; social entrepreneurship and economic development; women and employment; and self-employment; life satisfaction and economic growth, and business administration. Data from the most recent publications were used to verify whether original topics and themes are reflected in contemporary debate and in which fashion. Limitations related to search engines, such as missing keywords were accounted by utilizing three different database as well as expanding keyword number. From a practical perspective, this research is expected to contribute on theory construction, management decision making, and teaching. This study describes the growing development of the literature on entrepreneurs' well-being, and the underlying structure of the different streams of research therein.
Highlights
this has been reflected in entrepreneurship research
they had chosen to seek for opportunities as basis
almost 70% of the adult population across 52 economies around the world believe that entrepreneurs are well appreciated
Summary
The entrepreneurial activity has shown a growing development that affects governments, societies and people in general and, with the same impetus, this has been reflected in entrepreneurship research.According to the Global Entrepreneurship Monitor (2017–2018) report, entrepreneurship levels are stable or increasing worldwide. Almost 70% of the adult population across 52 economies around the world believe that entrepreneurs are well appreciated and enjoy high status within their societies Likewise, this growth is reflected in the increase of academic papers related to the field of entrepreneurship (Web of Science, 2017) in developed countries in developed countries (Bruton et al, 2008) such as the United States, England (Trueman et al, 2013), and Germany (Hetschko, 2016), with issues related to the well-being of the entrepreneur, such as the work-family conflict (Nguyen and Sawang, 2016), self-employment (Binder and Coad, 2013), stress (Cardon and Patel, 2015), firm performance (Hmieleski et al, 2013), innovation (Baron and Tang, 2011), creation of financial, social and environmental wealth (Zahra et al, 2014), as well as the possible implications depending on the type of entrepreneurship (Uy et al, 2017) and on the suitability of entrepreneurs and businessman when running their companies (Stock et al, 2016). Knight (1964) provides some characteristics of an entrepreneur and indicates that it will be the person who takes risks and occupies a position of uncertainty proposed, one who takes the initiative, who has imagination and creates new opportunities, that is, “. . . a state of mind to direct personal attention, experience and action toward a specific goal or access to achieve something” (Bird, 1988, p. 442)
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