| dc.description.abstract | This study investigates the association between modern Stoic tenets and the resilience of entrepreneurs in Norwegian startups. The early failure rate of new firms in Norway and the obstructive mental impact because of business failures, underscore the need for effective resilience strategies among entrepreneurs.
Entrepreneurs face significant stress and uncertainty which can lead to burnout and mental health issues. Resilience, the ability to recover from setbacks and adapt to challenges, is essential for overcoming these adversities. The philosophy of Stoicism and its tenets promote resilience through different mental practices and physical engagements.
Employing a quantitative approach, the study uses a self-administered questionnaire to collect data from Norwegian entrepreneurs. Independent variables measured include Stoic Practices (SP), Stoic Coping Strategies (SCS), Entrepreneurial Self-Efficacy (ES), and Stoic Engagement (SE). The dependent variable for the study is Emotional Resilience (ER).
The results highlight potential benefits of integrating Stoic tenets into entrepreneurial endeavors, training, and education. For practitioners, Stoic practices and entrepreneurial self-efficacy can enhance resilience and stress management. For researchers, the findings provide a foundation for further exploration into the specific mechanisms through which Stoic practices and entrepreneurial self-efficacy influence resilience. Future research should focus on qualitative studies and experiments to deepen the understanding of how Stoic tenets can be effectively applied in various entrepreneurial contexts.
Keywords: Stoicism, modern Stoicism, entrepreneurship, resilience, mindset, Norwegian entrepreneurs. | |
