Entrepreneurial Stress and Mental Well-being: Pre-and Post-COVID-19 Comparative Analysis of SMEs in Canada
Entrepreneurial Stress and Mental Well-being: Pre-and Post-COVID-19 Comparative Analysis of SMEs in Canada

Summary/Abstract: There is no conclusive evidence to compare pre- and post-COVID-19 data to measure the performance of SMEs through the lens of mental well-being. The goal of this pa- per is to contribute to the existing knowledge through a comparative lens, especially considering entrepreneurial stress. This research examined the entrepreneurial stress and mental well-being of entrepreneurs in Canadian SMEs, specifically pre- and post- COVID-19. The PRISMA framework, based on the philosophy of interpretivism, was applied and 37 articles were taken into consideration for this research. The findings confirm that there is a significant increase in the entrepreneurial stress affecting the mental well-being and overall performance of Canadian SMEs, especially during and after COVID-19. Furthermore, this research confirmed that everyone’s reaction to and precautions taken against entrepreneurial stress vary. Interestingly, distinct stressors such as finances, family, and work–life imbalance have evidently increased. However, the magnitude of these stressors varies for individuals. Similarly, the conse- quences also differ; however, emotional symptoms, followed by physical and behav- ioural symptoms, have noticeably been exhibited by entrepreneurs both pre- and post-COVID, while performance among SMEs has dwindled, which has brought about a higher number of entrepreneurship closures. This manuscript contributes to the existing literature from multiple facets, such as (i) through the comparative lens, (ii) enriching the literature from an advanced economy, (iii) expanding upon the the- ory of entrepreneurial stress, and (iv) shedding light on the importance of entrepre- neurs’ mental well-being. The manuscript also provides practical implications to en- trepreneurs to deal with distinct types of stressors.

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