About this Research Topic
Entrepreneurs are consumers as well as producers. They, like businesses, must make decisions on investment/capital budgeting, financing, and contingency planning. They manage household finances and have preferences for intertemporal consumption smoothing, much like consumers. Due to the sheer non-diversifiable idiosyncratic risk that entrepreneurs face in their firms, business and home decisions are inextricably linked. According to a large body of information on the causes of work-related stress and the negative consequences it creates, entrepreneurs may endure significant levels of stress. It has been noted that people who are resilient have endured difficult situations in the past and think that, based on their experience, they can conquer comparable challenges in the present and future without feeling powerless or anxious.
The failure of a new enterprise has both financial and emotional ramifications. Entrepreneurs' emotional well-being, professional chances, and family relationships are frequently jeopardized when they choose to start a new business. Launching a new product or expanding into a new market are two riskiest circumstances that an entrepreneur may encounter. As a result, both theoretical and empirical evidence imply that a combination of psychological capital can provide an effective buffer against the high levels of stress that entrepreneurs confront. As a result, it's critical to consider entrepreneurs' psychological capital from all perspectives and to comprehend the nature of the problem, its evolution, and the resulting changes in the business environment. Therefore, it becomes pertinent to approach the entrepreneurs’ psychological capital from all angles and understand the nature of the issue, its development, and the consequent changes in the business world.
We welcome your original contributions of empirical accounts dedicated to covering all aspects of entrepreneurs’ psychological capital holistically for the special issue of the journal. We strive to present a complete and comprehensive picture of empirical issues in entrepreneurs’ psychological capital and financial risk management, its impacts on all aspects of human life, and future possibilities. The Research Topic will cover, but is not limited to, the following themes:
• Psychological capital
• Entrepreneurial finance
• Risk in New Venture Creation
Keywords: Financial Risk, Inclusive Finance, Business Risk, Entrepreneurs, Entrepreneurial Psychological Capital, Psychological Capital
Important Note: All contributions to this Research Topic must be within the scope of the section and journal to which they are submitted, as defined in their mission statements. Frontiers reserves the right to guide an out-of-scope manuscript to a more suitable section or journal at any stage of peer review.