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A research agenda for disaster entrepreneurship

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  • Daniel P. Aldrich

    (Northeastern University)

Abstract

This paper addresses questions raised by Storr, Haeffele-Balch and Grube in their book Community Revival in the Wake of Disaster: Lessons in Local Entrepreneurship (2015). I review the reasons why the book is timely, especially the rising number and costs of disasters globally and the shifting norms on the role of government in disaster management. Social capital serves as a critical engine for resilience to crisis, and I move to demonstrate its importance in the mitigation and recovery stages. Then, I raise a research agenda based on their writings, focusing on building quantitative evidence to match the qualitative data already gathered by the authors. Specifically, I focus on testing claims about the definition and density of entrepreneurs, the role of polycentricity, and the public policy pools that would build entrepreneurial talent in vulnerable communities.

Suggested Citation

  • Daniel P. Aldrich, 2018. "A research agenda for disaster entrepreneurship," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 31(4), pages 457-465, December.
  • Handle: RePEc:kap:revaec:v:31:y:2018:i:4:d:10.1007_s11138-017-0393-0
    DOI: 10.1007/s11138-017-0393-0
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    References listed on IDEAS

    as
    1. Daniel Aldrich, 2011. "The power of people: social capital’s role in recovery from the 1995 Kobe earthquake," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 56(3), pages 595-611, March.
    2. Aldrich, Daniel P. & Sawada, Yasuyuki, 2015. "The physical and social determinants of mortality in the 3.11 tsunami," Social Science & Medicine, Elsevier, vol. 124(C), pages 66-75.
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    More about this item

    Keywords

    Social capital; Exit vs. voice; Signal to noise; Entrepreneurs; Disaster; Tohoku;
    All these keywords.

    JEL classification:

    • B53 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Austrian
    • D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

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