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<p>Drawing on positive psychology literature, the study examines psychological capital as an antecedent of refugees’ subjective entrepreneurial success, satisfaction of their basic psychological needs, and psychological well-being. Refugee entrepreneurship has gained substantial attention as an important pathway to the socioeconomic integration of refugees and fostering self-reliance and well-being. However, these goals can only be attained through successful refugee entrepreneurship. Whereas entrepreneurial literature highlights the objective outcomes, this study contributes to the growing attention to intangible or subjective outcomes. A serial mediation model is tested on a sample of 214 refugee entrepreneurs hosted in Uganda. Uganda is the top refugee-hosting country in Africa, but the low-income context and resource constraints in refugee settlements not only limit refugee entrepreneurship but also impact well-being. The results reveal that psychological capital was strongly associated with entrepreneurial success. Both psychological capital and subjective entrepreneurial success were positively associated with the satisfaction of psychological needs for autonomy, competence, and relatedness, as well as psychological well-being. The hypothesized double mediation paths for the effects of psychological capital on refugee entrepreneurs’ psychological well-being via subjective entrepreneurial success and need for competence, as well as via entrepreneurial success and need for competence, were supported. On the other hand, satisfaction of the need for autonomy was not associated with psychological well-being, and its mediating effects were not substantial. The results highlight the need for a system that recognizes successes across different phases of the entrepreneurial process to satisfy the subjects’ psychological needs for autonomy, competence, and relatedness, thereby enhancing their psychological well-being and motivation for persistence in entrepreneurship. In addition, continuous efforts in building refugee entrepreneurs’ psychological capital could be essential in ensuring entrepreneurial success and well-being.</p>

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Determinants of Refugee Entrepreneurs’ Psychological Well-being: Examining the Roles of Psychological Capital, Subjective Entrepreneurial Success, and Need Satisfaction

  • 期刊论文

  • 发表日期：

    2026年4月13日

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  • Martin Mabunda Baluku

摘要

Drawing on positive psychology literature, the study examines psychological capital as an antecedent of refugees’ subjective entrepreneurial success, satisfaction of their basic psychological needs, and psychological well-being. Refugee entrepreneurship has gained substantial attention as an important pathway to the socioeconomic integration of refugees and fostering self-reliance and well-being. However, these goals can only be attained through successful refugee entrepreneurship. Whereas entrepreneurial literature highlights the objective outcomes, this study contributes to the growing attention to intangible or subjective outcomes. A serial mediation model is tested on a sample of 214 refugee entrepreneurs hosted in Uganda. Uganda is the top refugee-hosting country in Africa, but the low-income context and resource constraints in refugee settlements not only limit refugee entrepreneurship but also impact well-being. The results reveal that psychological capital was strongly associated with entrepreneurial success. Both psychological capital and subjective entrepreneurial success were positively associated with the satisfaction of psychological needs for autonomy, competence, and relatedness, as well as psychological well-being. The hypothesized double mediation paths for the effects of psychological capital on refugee entrepreneurs’ psychological well-being via subjective entrepreneurial success and need for competence, as well as via entrepreneurial success and need for competence, were supported. On the other hand, satisfaction of the need for autonomy was not associated with psychological well-being, and its mediating effects were not substantial. The results highlight the need for a system that recognizes successes across different phases of the entrepreneurial process to satisfy the subjects’ psychological needs for autonomy, competence, and relatedness, thereby enhancing their psychological well-being and motivation for persistence in entrepreneurship. In addition, continuous efforts in building refugee entrepreneurs’ psychological capital could be essential in ensuring entrepreneurial success and well-being.