Factors of the resilience of small businesses under external shocks in Russia (based on the longitudinal study data) DOI Open Access

Anastasia I. Egorova,

Alexander Yu. Chepurenko

Russian Management Journal, Journal Year: 2022, Volume and Issue: 20(2), P. 172 - 197

Published: Jan. 1, 2022

Goal: this article analyzes the impact of a number factors different nature on financial and economic “resilience” business Russian small entrepreneurs during period external shocks (Pandemic, situation across Ukraine). Methodology: empirical base papers consist data five waves longitudinal study (initial — 750 people), implemented in 2021–2022 by Foundation “Public Opinion”. To analyze panel data, multinomial logistical regression with fixed effects was chosen (FE-model). Findings: shows that: age is not significant factor that can explain resilience reaction to shocks; larger market, higher likelihood will either be sustainably developing even shocks, or perform resiliently under opportunity driven motivation more likely promote than necessity motivation, often typical for whose businesses are growing use innovations does lead at least materials available respondents. Originality contribution: paper’s contribution existing literature consists following. First, it first attempt differentiate several which presumably might affect SMEs resilient taking dynamics their behavior, but basing one-time study. It came out neither business, nor innovative solutions have any prolonged it. Moreover, share led increase income similar those entrepreneurs, while IDO much higher. The finding volume market positively connected confirms importance studying businesses’ operations its stable performance. limitation as relatively short observation (July 2021 July 2022).

Language: Английский

The impact of the COVID-19 pandemic on the creative industries: A literature review and future research agenda DOI Open Access
Olena Khlystova, Yelena Kalyuzhnova, Maksim Belitski

et al.

Journal of Business Research, Journal Year: 2021, Volume and Issue: 139, P. 1192 - 1210

Published: Oct. 1, 2021

Language: Английский

Citations

254
Contextualizing small business resilience during the COVID-19 pandemic: evidence from small business owner-managers DOI Open Access
Εlias Hadjielias, Michael Christofi, Shlomo Y. Tarba

et al.

Small Business Economics, Journal Year: 2022, Volume and Issue: 59(4), P. 1351 - 1380

Published: Jan. 28, 2022

Language: Английский

Citations

120
Digital Innovations in MSMEs during Economic Disruptions: Experiences and Challenges of Young Entrepreneurs DOI Creative Commons
Lavinia Javier Cueto, April Faith Deleon Frisnedi,

Reynaldo Baculio Collera

et al.

Administrative Sciences, Journal Year: 2022, Volume and Issue: 12(1), P. 8 - 8

Published: Jan. 5, 2022

The spike in COVID-19 cases all over the world poses a massive impact on various sectors of society. global economy is no exception, for it has been severely affected by unprecedented public health crisis leading businesspeople to shutdown commercial establishments and dramatically shifting businesses into digital platforms. Immense challenges brought pandemic have turned great opportunities among entrepreneurs from different parts globe. In pursuit recovery path, they considered tools be instrumental surviving even thriving long term. This study explores drivers barriers innovations micro, small, medium enterprises (MSMEs) during economic disruptions perspective Filipino young entrepreneurs. Researchers employed qualitative method conduct in-depth interviews with 46 online Philippines transcribed them Inductive Content Analysis generate themes. Results found adverse effects pandemic, which reinforce entrepreneurial platforms, categorized intrinsic (e.g., personal professional growth) extrinsic mobility restrictions, market conditions, household status) motivations. Participants described entrepreneurship, including skills needed doing business, market-related problems availability quality internet infrastructures, restrictions. findings this contribute entrepreneurship literature areas an empirical investigation develop programs that support disruptions. would serve as guidepost formulation government policies strategies through while considering perspectives further recommends future related researches empower entrepreneurs, particularly those developing economies beyond.

Language: Английский

Citations

105
Psychological resilience and business survival chances: A study of small firms in the USA during COVID-19 DOI
Malvika Chhatwani, Sushanta Kumar Mishra, Arup Varma

et al.

Journal of Business Research, Journal Year: 2022, Volume and Issue: 142, P. 277 - 286

Published: Jan. 5, 2022

Language: Английский

Citations

50
Resilience and digitally-advanced entrepreneurship DOI Open Access
David B. Audretsch, Maksim Belitski, Rosa Caiazza

et al.

Entrepreneurship and Regional Development, Journal Year: 2023, Volume and Issue: 36(1-2), P. 1 - 9

Published: Oct. 30, 2023

As digitalization continues to reshape industries and markets, digital transformation creation of a 'digital safety net' has emerged as prominent mechanism for entrepreneurial resilience. Digitally advanced entrepreneurs harness technology innovative business models adopt agile strategies grow, while digitally-uncertain struggle maintain their customers. Digital been pivotal during the COVID-19 pandemic enabled greater diversification, enhanced adaptability, improved access global novel forms knowledge collaboration, altogether increasing firms' ability survive grow. Understanding mechanisms implications relationship between technologies resilience is essential policymakers, researchers, practitioners develop rapid policy responses.

Language: Английский

Citations

19
Entrepreneurial growth, value creation and new technologies DOI
David B. Audretsch, Maksim Belitski, Rosa Caiazza

et al.

The Journal of Technology Transfer, Journal Year: 2023, Volume and Issue: 48(5), P. 1535 - 1551

Published: Sept. 7, 2023

Language: Английский

Citations

17
“I can't get it out of my mind” - Why, how, and when crisis rumination leads entrepreneurs to act and pivot during crises DOI Creative Commons
Bach Nguyen, Hai Anh Tran, Ute Stephan

et al.

Journal of Business Venturing, Journal Year: 2024, Volume and Issue: 39(4), P. 106395 - 106395

Published: April 9, 2024

Why do some entrepreneurs pivot their business models in a crisis, while others are more passive? Integrating Conservation of Resources theory with work on crisis rumination, we developed micro-level model to explain why who under strain due as indicated by experiencing adopt an active approach – i.e., using coping and engaging pivoting. Moreover, prevention-focused habitually sensitive losses especially stimulated rumination prevent (further) resource losses. We tested our experiment eight-month longitudinal study during inflation crisis.

Language: Английский

Citations

6
The Moderating Role of Religiosity in the Relationship between Technology Adoption and Resilience: A Study of Muslim Female Entrepreneurs in the Arab World. DOI Creative Commons

Reem Jasim

Research Square (Research Square), Journal Year: 2025, Volume and Issue: unknown

Published: Feb. 20, 2025

Abstract Many studies have traditionally portrayed religiosity as a factor that enhances resilience in difficult times. This study delves into more complex role by investigating how correlates with the of Muslim female entrepreneurs within an Arab-Muslim context, addressing gap entrepreneurship literature often overlooks both and non-Western contexts. Specifically, examines technology adoption entrepreneurial strategy during crises. Using quantitative method sample 307 entrepreneurs, it analyses relationship between religiosity, adoption, face adversity. The results suggest while may impose constraints, moderates positive resilience. At higher levels this is amplified highlighting importance aligning business practices religious values. paper contributes to theological turn research integrating strategies, thereby extending theory beyond its traditional boundaries. JEL Classification Codes: L26, D19, O33, Z13, O53.

Language: Английский

Citations

0
What Drives the Adaptive Capability of Indonesian SMEs during the Covid-19 Pandemic: The Interplay between Perceived Institutional Environment, Entrepreneurial Orientation, and Digital Capability DOI Open Access

Dian Tauriana Siahaan,

Caroline Swee Lin Tan

Asian Journal of Business Research, Journal Year: 2022, Volume and Issue: 12(2)

Published: Aug. 31, 2022

The Covid-19 pandemic has caused disruptive business environments that demand firms to develop their adaptive capacity survive. This paper aims investigate the antecedents of capability by integrating resource-based view, dynamic capability, and institutional theories explain firms’ during in context Indonesia. A causal model was developed tested using Partial Least Squares (PLS) with 262 participants. findings reveal environment is key driver enhancing SME’s entrepreneurial orientation developing digital capabilities adapt disruptions triggered pandemic. In practice, government needs revise its support programs assist SMEs advancing skills operate businesses markets. Training on design thinking, technology, Artificial Intelligence should be incorporated into any provided strengthen SMEs’ competitiveness through orientation. also revisit current IT infrastructure provide affordable technologies SMEs.

Language: Английский

Citations

15
Micro-entrepreneurs’ Financial and Digital Competences During the Pandemic in Italy DOI
Alessio D’Ignazio, Paolo Finaldi Russo,

Massimiliano Stacchini

et al.

SSRN Electronic Journal, Journal Year: 2023, Volume and Issue: unknown

Published: Jan. 1, 2023

We analyse new survey data from a representative sample of about 2,000 Italian micro-entrepreneurs to assess their level financial and digital competences investigate whether these skills help them cope with unexpected shocks. find that the literacy are quite limited, especially for one-person businesses owners lower education. By controlling several business characteristics, we also is significantly correlated transition more digitalized models greater resilience external shocks: financially savvy entrepreneurs were better able build liquidity buffers prior COVID-19 crisis access government aid during pandemic. As role in supporting crisis, empirical evidence less clear-cut.

Language: Английский

Citations

9