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The Impact Socio-Demographic Factors, Mental Health And Work Life Balance On Entrepreneurial Intentions: The Moderating Role Of Fear Of Failure

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  • Liridon Kryeziu

    (Riinvest Institute; University for Business and Technology, Republic of Kosovo)

Abstract

In recent years, mental health and work–life balance has emerged as important themes in entrepreneurship research. Their influence on individuals’ entrepreneurial intentions, particularly among healthcare professionals, has received limited scholarly attention. The purpose of this study is to examine the impact of mental health and work–life balance on the entrepreneurial intentions of health professionals, and to examine the moderating role of fear of failure within this relationship and socio-demographic factors. A cross-sectional survey was conducted with a sample of 552 healthcare professionals in Kosovo. The findings show that individuals who report better mental health and stronger work–life balance have higher entrepreneurial intentions. Findings also show that individuals who reported no fear of failure have higher entrepreneurial intentions. Furthermore, fear of failure plays a moderating role in the relationship between work-life balance and entrepreneurial intentions, but not in the relationship between mental health and entrepreneurial intentions. In addition, the results suggest that individuals with higher income levels and greater work experience are less likely to pursue entrepreneurial careers. This study contributes to the growing body of literature emphasizing the importance of psychological factors when examining entrepreneurial intentions and highlights the need for further research with regards to these factors while taking into consideration institutional and cultural settings.

Suggested Citation

  • Liridon Kryeziu, 2026. "The Impact Socio-Demographic Factors, Mental Health And Work Life Balance On Entrepreneurial Intentions: The Moderating Role Of Fear Of Failure," Economic Thought and Practice, Department of Economics and Business, University of Dubrovnik, vol. 35(1), pages 53-81, june.
    • Handle: RePEc:avo:emipdu:v:35:y:2026:i:1:p:53-81
    DOI: 10.17818/EMIP/2025/31
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    References listed on IDEAS

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    1. Abreu, Maria & Oner, Ozge & Brouwer, Aleid & van Leeuwen, Eveline, 2019. "Well-being effects of self-employment: A spatial inquiry," Journal of Business Venturing, Elsevier, vol. 34(4), pages 589-607.
    2. Cacciotti, Gabriella & Hayton, James C. & Mitchell, J. Robert & Allen, David G., 2020. "Entrepreneurial fear of failure: Scale development and validation," Journal of Business Venturing, Elsevier, vol. 35(5).
    3. Vu Tuan Chu & Hien Thu Tran & Mark Freel, 2025. "How civic engagement sparks entrepreneurial intention: the mediating role of well-being," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 37(5-6), pages 740-765, May.
    4. Ewald Kibler, 2013. "Formation of entrepreneurial intentions in a regional context," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 25(3-4), pages 293-323, April.
    Full references (including those not matched with items on IDEAS)

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    Keywords

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    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • I10 - Health, Education, and Welfare - - Health - - - General
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • M54 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Labor Management

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