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The resilience strategies of SMEs in mature clusters

Author

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  • Elisa Conz
  • Stefano Denicolai
  • Antonella Zucchella

Abstract

Purpose - The purpose of this paper, according to the evolutionary perspective of resilience, is to provide a revised adaptive cycle model that explains how organisations that are embedded in a local system can foster their resilience. Design/methodology/approach - An exploratory case study analysis was carried out. The study adopted the methods and principles proposed by Eisenhardt (1989). Case studies were selected according the match-pair method and consist of two Italian wineries operating into the same wine cluster. Qualitative and quantitative data were collected and analysed through descriptive statistics and qualitative data analysis techniques. Findings - The study proposes a revised model for the resilience strategies of small and medium-sized enterprises (SMEs) which combines firm and cluster level. Findings show that the resilience of SMEs is primarily driven by internal resilience strategies, and their surviving and adapting capacity, from a certain point of the evolutionary cycle, is fostered by internal decisions rather than by the influence of the external environment. Research limitations/implications - The study has some limitations. In particular, the exploratory survey does not permit the generalisation of results, and further empirical evidence is required. This research represents an initial step toward the development of a more exhaustive understanding of how the relationship SMEs-cluster can positively or negatively affect the resilience of organisations. Practical implications - The proposed model for the resilience strategies of SMEs offers also insights for managers and entrepreneurs. Originality/value - This study significantly contributes to theory on resilience in the management field, that is largely related to economic geography, while investigations about the resilience at the firm level are limited and inconclusive.

Suggested Citation

  • Elisa Conz & Stefano Denicolai & Antonella Zucchella, 2017. "The resilience strategies of SMEs in mature clusters," Journal of Enterprising Communities: People and Places in the Global Economy, Emerald Group Publishing Limited, vol. 11(1), pages 186-210, March.
    • Handle: RePEc:eme:jecpps:jec-02-2015-0015
    DOI: 10.1108/JEC-02-2015-0015
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    Citations

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    Cited by:

    1. Silviano Esteve-Pérez & Fabio Pieri & Diego Rodriguez, 2021. "Coping with high decline: firms’ resilience to adversity," DEM Working Papers 2021/08, Department of Economics and Management.
    2. Ghizlane Barzi & Bamousse Zineb, 2023. "Resilience at the heart of the financial function of companies: a lever for sustainability against the effects of crises in Morocco - Case of Covid-19 [La résilience au coeur de la fonction financi," Post-Print hal-04367540, HAL.
    3. Maureen S. Golan & Laura H. Jernegan & Igor Linkov, 2020. "Trends and applications of resilience analytics in supply chain modeling: systematic literature review in the context of the COVID-19 pandemic," Environment Systems and Decisions, Springer, vol. 40(2), pages 222-243, June.
    4. Lejla TERZIĆ, 2023. "The green and digital transition through innovation, SME competitiveness, and economic resilience: Evidence from the European Union economies," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(2(635), S), pages 43-62, Summer.
    5. Brink, Siegrun & Löher, Jonas & Levering, Britta & Icks, Annette, 2021. "Resilienz von Unternehmen: Einflussfaktoren in der Corona-Pandemie," IfM-Materialien 289, Institut für Mittelstandsforschung (IfM) Bonn.
    6. PETRE Adriana, 2020. "Resilience In Clusters: An Application Of The Cluster Bridge Model To Life Science Nord (Germany)," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 72(3), pages 75-95, November.
    7. , Aisdl, 2020. "Entrepreneurial Resilience and Performance of an Organization: A Survey of Small and Medium Enterprises in Asaba, Delta State, Nigeria," OSF Preprints tnve9, Center for Open Science.
    8. Elisa Conz & Stefano Denicolai & Alfredo Massis, 2024. "Preserving the longevity of long-lasting family businesses: a multilevel model," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 28(3), pages 707-744, September.
    9. Dipak Raj Pant & Stéphane Jedrzejczak, 2022. "Pandemics, Business Resilience and Sustainability," LIUC Papers in Economics 2022-12, Cattaneo University (LIUC).
    10. Ragmoun Wided, 2023. "IT Capabilities, Strategic Flexibility and Organizational Resilience in SMEs Post-COVID-19: A Mediating and Moderating Role of Big Data Analytics Capabilities," Global Journal of Flexible Systems Management, Springer;Global Institute of Flexible Systems Management, vol. 24(1), pages 123-142, March.

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