Entrepreneurship and COVID-19:A Socio-Psychological Perspective

Adeola, Ogechi and Promise Opute, Abdullah and Chukwuka, Blessing and Adisa, Isaiah and Orekoya, Ibrahim (2022) Entrepreneurship and COVID-19:A Socio-Psychological Perspective. In: The Future of Entrepreneurship in Africa. Routledge Studies in Entrepreneurship and Small Business . Routledge, New York. ISBN 9781032106670

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Abstract

The Covid pandemic has exerted unprecedented damage to economies globally. This chapter recognises that the COVID-19 pandemic threatened African entrepreneurial activities with resultant social problems. The chapter further documents the relatively understudied aspect of the socio-psychological effects of Covid-19 on entrepreneurship within the African context, focusing on the experience of Nigerian entrepreneurs. The chapter highlights the interplay between the economic, social, and psychological aspects of entrepreneurship. Theoretically, the social and psychological impacts of the pandemic on entrepreneurship are explored under the critical lens of the socio-psychological theory buttressing the role of the society and institutions in shaping the entrepreneurial context. The chapter concludes that African entrepreneurs must possess vital skills to survive in a fast-paced, changing, and increasingly uncertain society. Recommendations are offered on the critical roles of entrepreneurial- and government-based initiatives in mitigating the challenges faced by entrepreneurs in pandemics and other national emergencies. To inspire knowledge development in this domain, future research directions have been flagged.

Item Type:
Contribution in Book/Report/Proceedings
ID Code:
175523
Deposited By:
Deposited On:
19 Oct 2022 15:15
Refereed?:
Yes
Published?:
Published
Last Modified:
21 Sep 2023 04:05