Background <p>This study explores how psychological capital (PsyCap) mitigates the negative effects of burnout on psychological well-being (PWB) among entrepreneurs in stressful business environments. Drawing on the broaden-and-build theory of positive emotions, this approach offers new insights into how positive psychological resources enhance entrepreneurial resilience, particularly in underdeveloped regions.</p> Methods <p>A cross-sectional quantitative design was employed with a structured questionnaire adapted from validated scales. Data were collected from 312 entrepreneurs across Karachi, Hyderabad, and Sukkur in Sindh, Pakistan, via simple random sampling. The analysis was conducted via PLS-SEM in SmartPLS 4.</p> Results <p>A significant negative correlation was identified between burnout and both PWB (β = -0.151, <i>t</i> = 2.734, <i>p</i> &lt; 0.05) and PsyCap (β = -0.190, <i>t</i> = 3.737, <i>p</i> &lt; 0.05). Furthermore, PsyCap significantly mediated the link between burnout and PWB, as evidenced by a notable indirect effect (β = -0.088, <i>t</i> = 3.471, <i>p</i> &lt; 0.05), underlining its buffering role in mitigating the detrimental psychological outcomes of burnout.</p> Conclusions <p>This study highlights the importance of PsyCap—encompassing hope, optimism, resilience, and self-efficacy—as a protective psychological resource. Strengthening PsyCap can enhance well-being and performance among entrepreneurs. These findings extend the application of broaden-and-build theory and provide evidence for targeted psychological interventions in entrepreneurial settings.</p>

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Entrepreneurs’ psychological capital as a mediator: a broaden-and-build perspective on burnout and psychological well-being

  • Sarfraz Ali Malak,
  • Ali Raza,
  • Mushtaque Ali Jariko

摘要

Background

This study explores how psychological capital (PsyCap) mitigates the negative effects of burnout on psychological well-being (PWB) among entrepreneurs in stressful business environments. Drawing on the broaden-and-build theory of positive emotions, this approach offers new insights into how positive psychological resources enhance entrepreneurial resilience, particularly in underdeveloped regions.

Methods

A cross-sectional quantitative design was employed with a structured questionnaire adapted from validated scales. Data were collected from 312 entrepreneurs across Karachi, Hyderabad, and Sukkur in Sindh, Pakistan, via simple random sampling. The analysis was conducted via PLS-SEM in SmartPLS 4.

Results

A significant negative correlation was identified between burnout and both PWB (β = -0.151, t = 2.734, p < 0.05) and PsyCap (β = -0.190, t = 3.737, p < 0.05). Furthermore, PsyCap significantly mediated the link between burnout and PWB, as evidenced by a notable indirect effect (β = -0.088, t = 3.471, p < 0.05), underlining its buffering role in mitigating the detrimental psychological outcomes of burnout.

Conclusions

This study highlights the importance of PsyCap—encompassing hope, optimism, resilience, and self-efficacy—as a protective psychological resource. Strengthening PsyCap can enhance well-being and performance among entrepreneurs. These findings extend the application of broaden-and-build theory and provide evidence for targeted psychological interventions in entrepreneurial settings.