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Crisis plan? What crisis plan! How microentrepreneurs manage in a crisis

Author

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  • Alan Budge
  • Wilson Irvine
  • Robert Smith

Abstract

This inductive research study seeks to answer these research questions: (1) Do owners of successful microbusinesses react to crises unknowingly; or (2) Do they proactively manage crises? Using naturalistic observation and in-depth interviews of business owners running established businesses in rural Angus, UK, to establish their attitudes towards crisis planning and ongoing crises, this paper makes a contribution towards the literature of entrepreneurship by examining an underresearched aspect of entrepreneurial behaviour – namely crisis management in microbusinesses.

Suggested Citation

  • Alan Budge & Wilson Irvine & Robert Smith, 2008. "Crisis plan? What crisis plan! How microentrepreneurs manage in a crisis," International Journal of Entrepreneurship and Small Business, Inderscience Enterprises Ltd, vol. 6(3), pages 337-354.
    • Handle: RePEc:ids:ijesbu:v:6:y:2008:i:3:p:337-354
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    Cited by:

    1. Wang, Jie & Ritchie, Brent W., 2012. "Understanding accommodation managers’ crisis planning intention: An application of the theory of planned behaviour," Tourism Management, Elsevier, vol. 33(5), pages 1057-1067.
    2. De Rosa, Marcello & McElwee, Gerard & Smith, Robert, 2019. "Farm diversification strategies in response to rural policy: a case from rural Italy," Land Use Policy, Elsevier, vol. 81(C), pages 291-301.

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