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The moment of truth—Reconstructing entrepreneurship and social capital in the eye of the storm

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  • Bengt Johannisson
  • Lena Olaison

Abstract

There are many images of entrepreneurship which all pay attention to the importance of social capital. Nevertheless, these understandings of entrepreneurship do not tell us about the capabilities and social ingenuity that people hit by a natural or man-made catastrophe may evoke. We have studied how the effects of the hurricane Gudrun, which hit southern Sweden in January 2005, were dealt with by civic and formal, private as well as public, organizations. The lessons from our rich case accounts are reflected upon in the perspective of ephemeral organizing and used to craft our notion of 'emergency entrepreneurship'. Its proposed features include coping with rupture in everyday life by the acknowledgement of local knowledge and leadership and the use of bridging as well as bonding social capital facilitating immediate (inter)action and swift trust. This appears as a spontaneous collective effort, 'social bricolage', which means combining and locally—in time as well as in space—integrating chunks of everyday routines according to the events and associated needs that the drama produces.

Suggested Citation

  • Bengt Johannisson & Lena Olaison, 2007. "The moment of truth—Reconstructing entrepreneurship and social capital in the eye of the storm," Review of Social Economy, Taylor & Francis Journals, vol. 65(1), pages 55-78.
    • Handle: RePEc:taf:rsocec:v:65:y:2007:i:1:p:55-78
    DOI: 10.1080/00346760601132188
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    Citations

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    Cited by:

    1. Ekaterina L. Dyachenko, 2016. "Internal Migration of Scientists in Russia and the USA: The Case of Applied Physics," HSE Working papers WP BRP 58/STI/2016, National Research University Higher School of Economics.
    2. Reed Nelson & Edmilson Lima, 2020. "Effectuations, social bricolage and causation in the response to a natural disaster," Small Business Economics, Springer, vol. 54(3), pages 721-750, March.
    3. Darcy, S. & Maxwell, H. & Edwards, M. & Onyx, J. & Sherker, S., 2014. "More than a sport and volunteer organisation: Investigating social capital development in a sporting organisation," Sport Management Review, Elsevier, vol. 17(4), pages 395-406.
    4. Jenny Onyx & Rosemary Leonard, 2010. "The Conversion of Social Capital into Community Development: an Intervention in Australia's Outback," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 34(2), pages 381-397, June.
    5. Virgil Henry Storr & Stefanie Haeffele-Balch & Laura E. Grube, 2017. "Social capital and social learning after Hurricane Sandy," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 30(4), pages 447-467, December.
    6. Hertel, Christina & Binder, Julia & Fauchart, Emmanuelle, 2021. "Getting more from many—A framework of community resourcefulness in new venture creation," Journal of Business Venturing, Elsevier, vol. 36(3).
    7. Farzad H. Alvi & Ajnesh Prasad & Paulina Segarra, 2019. "The Political Embeddedness of Entrepreneurship in Extreme Contexts: The Case of the West Bank," Journal of Business Ethics, Springer, vol. 157(1), pages 279-292, June.
    8. Nyoni, Thabani, 2018. "The entrepreneurship miracle: a desperate move to rectify Zimbabwe's socio-economic herculean?," MPRA Paper 87735, University Library of Munich, Germany, revised 03 Jul 2018.

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