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See detailRisk of burnout in French entrepreneurs during the COVID-19 crisis
Torrès, Olivier; Benzari, Alexandre; Fisch, Christian UL et al

in Small Business Economics (2022), 58(2), 717-739

The COVID-19 crisis presents manifest threats for entrepreneurs since their business survival is often directly at stake given the alarming economic downturn. This existential threat, together with their ... [more ▼]

The COVID-19 crisis presents manifest threats for entrepreneurs since their business survival is often directly at stake given the alarming economic downturn. This existential threat, together with their crucial role in the economy, is the reason for the plethora of public financial support schemes being implemented throughout the entire world. However, support schemes for mental health are lacking. We aim to investigate, first, whether burnout levels have increased during the crisis and, second, whether burnout levels during the COVID-19 crisis depend on the threat of becoming ill, having to stay at home due to the lockdown, and/or having to file for bankruptcy due to the economic downturn. We do so using seven data sets of French entrepreneurs with a temporal comparison of averages and two data sets of French entrepreneurs with a cross-sectional analysis of individuals. Our findings show that indeed, the risks of burnout have increased during the pandemic and that the threat of bankruptcy is the dominant threat. As an increasing number of studies in the entrepreneurship literature indicate that entrepreneurs’ mental health influences their activities, as well as the growth and sustainability of their ventures, our study is important and timely in its contribution, as it takes a close look at the perception of burnout in general and more specifically during the COVID-19 pandemic. [less ▲]

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See detailHealth perception of French SME owners during the 2020 COVID-19 pandemic
Torrès, Olivier; Fisch, Christian UL; Mukerjee, Jinia et al

in International Review of Entrepreneurship (2021), 19(2), 151-168

The COVID-19 pandemic has immense impact on the conditions and behaviours of people and on those of small business owners in particular. Using two samples of some 3700 French business owners, collected ... [more ▼]

The COVID-19 pandemic has immense impact on the conditions and behaviours of people and on those of small business owners in particular. Using two samples of some 3700 French business owners, collected before and during the pandemic, this study finds that on average, health perceptions in terms of physical and mental health differ: while perceptions of good mental health declined, those of good physical health improved. We also find that the size of business and the growth of turnover are mechanisms that contributed to the decline of the total health score. This novel finding implies that during the pandemic, business size and growth of turnover are seen as liabilities rather than assets by business owners. The results of our study have strong implications both for business owners as well as for policy makers. [less ▲]

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