Work

Well-being Driven Entrepreneurship

Year: 2025

Type: article

Abstract: This study introduces the concept of “wellbeing-driven entrepreneurship,” which is defined as a form of entrepreneurship that does not prioritize economic rationality but instead places a strong emphasis on the wellbeing of individual entrepreneurs. The study then proceeds to examine the characteristics and impact of this concept through the lens of two case studies, exploring the concept in an exploratory manner. The case studies revealed the significance of location in wellbeing-driven entrepreneurship and the manner of initiating a business that integrates hedonic and eudaimonic well-being. Furthermore, the introduction of “wellbeing-driven entrepreneurship,” a concept that does not prioritize unnecessarily rapid growth, provides a foundation for discussing the creation of genuinely affluent lifestyles and communities, diverging from the conventional discourse on entrepreneurship that emphasizes rapid growth.

Source: DOAJ (DOAJ: Directory of Open Access Journals)

DOI: 10.11207/aaostrans.2024-020

Authors: Keiko YOKOYAMA, Michi FUKUSHIMA, Futoshi AKIBA, Jin-ichiro YAMADA

Institutions: Kansai University, Tohoku University, Ryukoku University, Kyoto University

Language: English

Topic: Entrepreneurship Studies and Influences

Subfield: Management of Technology and Innovation

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: green

Funder: Japan Society for the Promotion of Science

Awards: Research on institutions and practices in local industries and the sustainability of local communities, Clustering of startups and formation of an ecosystem for startups after the withdrawal of major regional companies