Entrepreneurial competence and subjective well-being of women entrepreneurs: the role of entrepreneurial resilience and perceived social support
Gertrude Agyemang, Alfred Owusu, Francis Osei, Godwin Ampah, Christa Nyameye AgyemangPurpose
This study aims to drawinsights from the resource conservation theory to develop a conceptual model to study the extent to which the association between entrepreneurial competence and subjective well-being is channelled through entrepreneurial resilience and how this relationship is impacted by different levels of perceived social support to women entrepreneurs.
Design/methodology/approach
A cross-sectional study design was used, drawing from a sample size of 401 women-owned agribusiness entrepreneurs operating in a resource-constrained environment. The sample was selected using purposive and stratified sampling techniques.
Findings
This study finds a positive significant direct relationship between entrepreneurial competence and subjective well-being. Again, this study finds that the association between entrepreneurial competence and subjective well-being becomes significant and positive when it is channelled through entrepreneurial resilience. Furthermore, results indicate that the positive significant indirect relationship between entrepreneurial competence and subjective well-being, through entrepreneurial resilience, is strengthened under conditions of lower levels of perceived social support for women-owned entrepreneurs in agribusiness in low resource context.
Practical implications
This study provides evidence that enhancing competence and resilience can boost women entrepreneurs’ subjective well-being, offering actionable insights for practitioners designing empowerment initiatives.
Originality/value
Entrepreneurial competence has been linked to a variety of entrepreneurial outcomes. While a few studies have questioned the beneficial well-being outcomes of entrepreneurial competence, scholarly knowledge is limited on the extent and condition under which entrepreneurial competence is associated with subjective well-being of women entrepreneurs. This study contends that entrepreneurial competence may not always contribute to improvement in well-being outcomes particularly subjective well-being.