Entrepreneurial Resilience in the Micro and Small Business Context – Systematic Literature Review
Halonen, Santeri; Virkkala, Peetu (2023-10-24)
24.10.2023
Halonen, S., & Virkkala, P. (2023). Entrepreneurial Resilience in the Micro and Small Business Context – Systematic Literature Review. American Journal of Management, 23(4). https://doi.org/10.33423/ajm.v23i4.6495
https://rightsstatements.org/vocab/InC/1.0/
© North American Business Press
https://rightsstatements.org/vocab/InC/1.0/
© North American Business Press
https://rightsstatements.org/vocab/InC/1.0/
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:oulu-202405073183
https://urn.fi/URN:NBN:fi:oulu-202405073183
Tiivistelmä
Abstract
The topic of resilience is increasingly gaining momentum as the world shifts from a crisis to another. The operating environment for micro-enterprises has profoundly and irrevocably changed since the COVID-19 crisis’ landfall and war in Ukraine.
This systematic literature review based on 36 papers, studies resilience from micro-entrepreneurship perspective focusing on resilience development, the process, and enhancing interventions from intra and interpersonal perspectives.
The review indicates three different types of resilience domains: process-related (e.g. Ducheck 2017), individual capability (e.g. Demyen, S. 2022, Ducheck 2017) and resource-based (e.g. Bardoel & Drago, 2021). The connecting factor is that resilience is primarily developed in a learning process when facing challenging situations and crises. Building from those experience, the entrepreneur is more prepared to respond the next time.
The topic of resilience is increasingly gaining momentum as the world shifts from a crisis to another. The operating environment for micro-enterprises has profoundly and irrevocably changed since the COVID-19 crisis’ landfall and war in Ukraine.
This systematic literature review based on 36 papers, studies resilience from micro-entrepreneurship perspective focusing on resilience development, the process, and enhancing interventions from intra and interpersonal perspectives.
The review indicates three different types of resilience domains: process-related (e.g. Ducheck 2017), individual capability (e.g. Demyen, S. 2022, Ducheck 2017) and resource-based (e.g. Bardoel & Drago, 2021). The connecting factor is that resilience is primarily developed in a learning process when facing challenging situations and crises. Building from those experience, the entrepreneur is more prepared to respond the next time.
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