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J. Risk Financial Manag. 2019, 12(1), 44; https://doi.org/10.3390/jrfm12010044

Insomnia: An Important Antecedent Impacting Entrepreneurs’ Health

1
School of Entrepreneurship, Spears School of Business, Oklahoma State University, Stillwater, OK 74078, USA
2
Department of Innovation and Entrepreneurship, Max Planck Institute for Innovation and Competition, 80539 Munich, Germany
3
Institute for Development Strategies, SPEA, Indiana University, Bloomington, IN 47405, USA
4
Department of Strategy and Management Research, Norwegian School of Economics (NHH), 5045 Bergen, Norway
5
Department of Management, Richard A. Chaifetz School of Business, Saint Louis University, St. Louis, MO 63108, USA
6
Queenstown Resort College, Queenstown 9348, New Zealand
*
Author to whom correspondence should be addressed.
Received: 20 February 2019 / Revised: 7 March 2019 / Accepted: 12 March 2019 / Published: 16 March 2019
(This article belongs to the Special Issue Financing and Facilitating Entrepreneurship)
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Abstract

Insomnia (and sleep deprivation) has an important impact on multiple outcomes such as individuals’ cognitive abilities, decision-making, and affect. In this paper, drawing from sleep research, we focus on entrepreneurs’ insomnia–health relationship and test a serial mediation model that considers entrepreneurs’ insomnia as an important predictor of their poor health. More specifically, we hypothesize that insomnia heightens entrepreneurs’ stress, which leads to increased negative affect, which ultimately undermines their health conditions. Using a sample of 152 Iranian entrepreneurs, we found support for our hypotheses as our results suggest that insomnia has a positive (and detrimental) effect on poor health (via more stress and negative affect). Contrary to research calls focused on stress reduction as one performance improvement mechanism, our results suggest sleep quality as a more effective mechanism for entrepreneurs to reduce their stress and to improve their health. Theoretical and practical implications, limitations, and directions for future research are also discussed. View Full-Text
Keywords: insomnia; stress; negative affect; health; entrepreneurs insomnia; stress; negative affect; health; entrepreneurs
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Levasseur, L.; Tang, J.; Karami, M. Insomnia: An Important Antecedent Impacting Entrepreneurs’ Health. J. Risk Financial Manag. 2019, 12, 44.

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