University of Oulu

Belt, P. & Tuunainen, J. (2021) The Work-Related Well-Being of Solo, Micro, and Small Business Entrepreneurs. Nordic Journal of Business, 70(2), 109-131,

The work-related well-being of solo, micro and small business entrepreneurs

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Author: Belt, Pekka1; Tuunainen, Juha1
Organizations: 1University of Oulu, Finland
Format: article
Version: published version
Access: open
Online Access: PDF Full Text (PDF, 0.3 MB)
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Language: English
Published: Association of Business Schools Finland, 2021
Publish Date: 2022-02-04


This study is an investigation of the bright and dark sides of entrepreneurship, with a focus on well-being experienced by entrepreneurs operating in work communities of various sizes. The results show that a central element in the well-being experiences of all entrepreneur groups was autonomy. In addition, the solo entrepreneurs derived a positive experience from their professional capabilities, while micro and small business entrepreneurs emphasized business success. Significant differences in well-being experiences were linked to the entrepreneurs’ social support networks and their capacities for health management. Of the entrepreneur groups, the micro business entrepreneurs were most stressed, while the small business entrepreneurs were the only group capable of taking care of both the firm’s business planning and their personal well-being. This paper complements the existing literature by examining the benefits of entrepreneurship, but it also covers the negative aspects of it, thereby enriching the existing theoretical understanding of entrepreneurial well-being.

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Series: Nordic journal of business
ISSN: 2342-9003
ISSN-E: 2342-9011
ISSN-L: 2342-9003
Volume: 70
Issue: 2
Pages: 109 - 131
Type of Publication: A1 Journal article – refereed
Field of Science: 512 Business and management
515 Psychology
Copyright information: © The Authors & Association of Business Schools Finland, 2021. Published in this repository with the kind permission of the publisher.