The Impact of Psychological Wellbeing on Entrepreneurial Engagement: Special Reference to Military Entrepreneurs in Sri Lanka

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dc.contributor.authorEranjali, G.M.M.
dc.contributor.authorFasana, S. F.
dc.contributor.authorPerera, K.J.T
dc.date.accessioned2021-02-18T07:02:31Z
dc.date.available2021-02-18T07:02:31Z
dc.date.issued2020
dc.description.abstractEntrepreneurial engagement through the entrepreneurial process involves individual entrepreneurial growth by the development of psychological wellbeing. Military entrepreneurs are a niche segment that had the rarest concern but yielding a higher contribution to society. Their involvement in crimes as they become deserters and lack of welfare measures during the post-war period are the major factors that have caused underworld development. Given the fact of a lack of empirical evidence, the research was conducted regarding the impact of psychological wellbeing on entrepreneurial engagement by military entrepreneurs in Sri Lanka. The mixed-method was followed to determine the supportive nature of qualitative findings to quantitative findings. The stratified sampling method and snowball sampling method were employed to highlight the specific subgroup of 206 and 22 military entrepreneurs respectively. Data was gathered by using self-administered questionnaires and semi-structured interviews. Apart from the descriptive data, Structural Equation Modeling, correlation, and thematic analysis were performed to analyze the data. Psychological wellbeing was measured using the Ryff’s six-factor model and entrepreneurial engagement was measured using the entrepreneurial process of identification, evaluation, and exploitation. The analysis revealed that autonomy had the least impact on military entrepreneurs while the other dimensions had a moderate impact. Alongside this, it was found that there was a significant positive relationship between psychological wellbeing and entrepreneurial engagement. Moreover, the study found that there were barriers and supporting factors for the engagement in entrepreneurial activities, and further recommended that government support and counseling is essential for the development of Psychological wellbeing and Entrepreneurial Engagement. Keywords: Psychological wellbeing, Entrepreneurial engagement, Military entrepreneurs, Planned behavioren_US
dc.identifier.isbn9789550481293
dc.identifier.urihttp://www.erepo.lib.uwu.ac.lk/bitstream/handle/123456789/6052/proceeding_oct_08-409.pdf?sequence=1&isAllowed=y
dc.language.isoenen_US
dc.publisherUva Wellassa University of Sri Lankaen_US
dc.relation.ispartofseries;International Research Conference
dc.subjectManagement Sciencesen_US
dc.subjectPsychological wellbeingen_US
dc.subjectEntrepreneurship managementen_US
dc.subjectMilitary Entrepreneursen_US
dc.titleThe Impact of Psychological Wellbeing on Entrepreneurial Engagement: Special Reference to Military Entrepreneurs in Sri Lankaen_US
dc.title.alternativeInternational Research Conference 2020en_US
dc.typeOtheren_US
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