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Entrepreneurship and COVID-19: A Socio-Psychological Perspective

Research output: Contribution in Book/Report/Proceedings - With ISBN/ISSNChapter (peer-reviewed)peer-review

Forthcoming
  • Ogechi Adeola
  • Abdullah Promise Opute
  • Blessing Chukwuka
  • Isaiah Adisa
  • Ibrahim Orekoya
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Publication date30/12/2022
Host publicationThe Future of Entrepreneurship in Africa: Challenges and Opportunities Post- pandemic
EditorsAnthony Abiodun Eniola, Chux Gervase Iwu, Abdullah Promise Opute
Place of PublicationNew York
PublisherRoutledge
Number of pages21
ISBN (Electronic)9781003216469
ISBN (Print)9781032106670
<mark>Original language</mark>English

Publication series

NameRoutledge Studies in Entrepreneurship and Small Business
PublisherRoutledge

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.