Entrepreneurial expectations towards the beginning of the COVID-19 pandemic: Empirical evidence in Brazil

Objective: To investigate entrepreneurial expectations towards the COVID-19 pandemic through empirical evidence of business practices in Brazil during the beginning of the social distancing period. Also, we sought to test cognitive adaptability and human values as predictors of the decision-making...

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Main Authors: Gustavo Henrique Silva de Souza, Nilton Cesar Lima, Jorge Artur Peçanha de Miranda Coelho, Ana Cláudia Gonçalves de Sá Jardim
Format: Article
Language:English
Published: Associação Nacional de Estudos em Empreendedorismo e Gestão de Pequenas Empresas (ANEGEPE) 2023-06-01
Series:Regepe Entrepreneurship and Small Business Journal
Subjects:
Online Access:https://regepe.org.br/regepe/article/view/2395
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author Gustavo Henrique Silva de Souza
Nilton Cesar Lima
Jorge Artur Peçanha de Miranda Coelho
Ana Cláudia Gonçalves de Sá Jardim
author_facet Gustavo Henrique Silva de Souza
Nilton Cesar Lima
Jorge Artur Peçanha de Miranda Coelho
Ana Cláudia Gonçalves de Sá Jardim
author_sort Gustavo Henrique Silva de Souza
collection DOAJ
description Objective: To investigate entrepreneurial expectations towards the COVID-19 pandemic through empirical evidence of business practices in Brazil during the beginning of the social distancing period. Also, we sought to test cognitive adaptability and human values as predictors of the decision-making process and to test whether infection with COVID-19 or proximity to the disease related to these constructs. Method: A cross-sectional study was developed with a non-probabilistic sample of 313 Brazilian entrepreneurs, in which four instruments were applied. Descriptive and multivariate analyses were carried out (e. g., exploratory factor analysis and multiple linear regressions). Originality/Relevance: The study contributes to understanding the business decision-making processes through constructs associated with human values and cognitive adaptability. Results: Human and social conditions of survival and the commitment to personal and business financial obligations guide entrepreneurial behaviour. In cases where there was contagion or proximity to the disease, entrepreneurs started to show thoughtful decisions, affective support for employees, flexibility in organizational control, and more empathic values. Theoretical/methodological contributions: This study points out the possible impacts that the COVID-19 pandemic has brought to entrepreneurs and how psychological variables explain their behaviour. Social/managerial contributions: Additionally, it sheds light on entrepreneurship from the needs and desires experienced at the beginning of the COVID-19 pandemic, and on the broader dimension directed to the serious problems experienced today.
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spelling doaj.art-1afdee09bd33455b9431c3c6b540f8632023-09-03T12:27:03ZengAssociação Nacional de Estudos em Empreendedorismo e Gestão de Pequenas Empresas (ANEGEPE)Regepe Entrepreneurship and Small Business Journal2965-15062023-06-0112210.14211/regepe.esbj.e2395Entrepreneurial expectations towards the beginning of the COVID-19 pandemic: Empirical evidence in BrazilGustavo Henrique Silva de Souza0Nilton Cesar Lima1Jorge Artur Peçanha de Miranda Coelho2Ana Cláudia Gonçalves de Sá Jardim3Instituto Federal do Norte de Minas Gerais (IFNMG), Teófilo Otoni, MG, BrasilUniversidade Federal de Uberlândia (UFU), Uberlândia, MG, BrazilUniversidade Federal de Alagoas (UFAL), Maceió, AL, BrazilInstituto Federal do Norte de Minas Gerais (IFNMG), Teófilo Otoni, MG, Brazil Objective: To investigate entrepreneurial expectations towards the COVID-19 pandemic through empirical evidence of business practices in Brazil during the beginning of the social distancing period. Also, we sought to test cognitive adaptability and human values as predictors of the decision-making process and to test whether infection with COVID-19 or proximity to the disease related to these constructs. Method: A cross-sectional study was developed with a non-probabilistic sample of 313 Brazilian entrepreneurs, in which four instruments were applied. Descriptive and multivariate analyses were carried out (e. g., exploratory factor analysis and multiple linear regressions). Originality/Relevance: The study contributes to understanding the business decision-making processes through constructs associated with human values and cognitive adaptability. Results: Human and social conditions of survival and the commitment to personal and business financial obligations guide entrepreneurial behaviour. In cases where there was contagion or proximity to the disease, entrepreneurs started to show thoughtful decisions, affective support for employees, flexibility in organizational control, and more empathic values. Theoretical/methodological contributions: This study points out the possible impacts that the COVID-19 pandemic has brought to entrepreneurs and how psychological variables explain their behaviour. Social/managerial contributions: Additionally, it sheds light on entrepreneurship from the needs and desires experienced at the beginning of the COVID-19 pandemic, and on the broader dimension directed to the serious problems experienced today. https://regepe.org.br/regepe/article/view/2395EntrepreneurshipHuman ValuesCognitive AdaptabilityCOVID-19
spellingShingle Gustavo Henrique Silva de Souza
Nilton Cesar Lima
Jorge Artur Peçanha de Miranda Coelho
Ana Cláudia Gonçalves de Sá Jardim
Entrepreneurial expectations towards the beginning of the COVID-19 pandemic: Empirical evidence in Brazil
Regepe Entrepreneurship and Small Business Journal
Entrepreneurship
Human Values
Cognitive Adaptability
COVID-19
title Entrepreneurial expectations towards the beginning of the COVID-19 pandemic: Empirical evidence in Brazil
title_full Entrepreneurial expectations towards the beginning of the COVID-19 pandemic: Empirical evidence in Brazil
title_fullStr Entrepreneurial expectations towards the beginning of the COVID-19 pandemic: Empirical evidence in Brazil
title_full_unstemmed Entrepreneurial expectations towards the beginning of the COVID-19 pandemic: Empirical evidence in Brazil
title_short Entrepreneurial expectations towards the beginning of the COVID-19 pandemic: Empirical evidence in Brazil
title_sort entrepreneurial expectations towards the beginning of the covid 19 pandemic empirical evidence in brazil
topic Entrepreneurship
Human Values
Cognitive Adaptability
COVID-19
url https://regepe.org.br/regepe/article/view/2395
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