Page No: 124-133
Prerna Karulkar, and Anagha Lavalekar
Jnana Prabodhini’s Institute of Psychology, Pune
This study examined the psychological well-being (PWB) and resilience of women
entrepreneurs and non-entrepreneurs, highlighting unique strengths and areas of
similarity. A total of 107 women entrepreneurs and 105 women non-entrepreneurs
participated in the study. PWB was assessed using Ryff’s Psychological Well-Being
Scale, and resilience was measured using the Connor-Davidson Resilience Scale. The
findings revealed that women entrepreneurs scored significantly higher in autonomy,
personal growth, and positive relations, as well as in resilience domains such as
hardiness, adaptability, meaningfulness, and self-efficacy. However, no significant
differences were observed between the groups in the PWB dimensions of environmental
mastery, purpose in life, and self-acceptance, or in the resilience domains of coping,
optimism, and emotional regulation. Moreover, a strong positive correlation was found
between PWB and resilience, emphasizing their interconnectedness in promoting overall
well-being. These results underscore the distinct psychological resources of women
entrepreneurs and suggest the importance of developing targeted support to enhance
resilience and well-being in both groups