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Lessons on small business resilience

Author

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  • Peter Gianiodis
  • Soo-Hoon Lee
  • Hao Zhao
  • Maw-Der Foo
  • David Audretsch

Abstract

Entrepreneurship researchers have studied resilience across various contexts, including at the micro (that is, owner/business) and macro (that is, cluster/ecosystem/region) levels, by drawing from a myriad of academic disciplines. This Special Issue (SI) provides an opportunity to link resilience at the micro- and macro-level since collective small business owner resilience is foundational to macro-level resilience within clusters, ecosystems and regions. This point has become evident as businesses worldwide face similar challenges and economic adversities due to the lockdowns during the global COVID-19 pandemic. The collection of papers on small business resilience in this SI indicates the psychological, organizational, and economic responses undertaken by small businesses to overcome challenges faced, where they promoted their human, social, and financial capital while finding other responses less helpful. We hope the research and questions uncovered as a result of this SI provide continued food for thought and grounds for future research in small business resilience.

Suggested Citation

  • Peter Gianiodis & Soo-Hoon Lee & Hao Zhao & Maw-Der Foo & David Audretsch, 2022. "Lessons on small business resilience," Journal of Small Business Management, Taylor & Francis Journals, vol. 60(5), pages 1029-1040, September.
    • Handle: RePEc:taf:ujbmxx:v:60:y:2022:i:5:p:1029-1040
    DOI: 10.1080/00472778.2022.2084099
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    Cited by:

    1. Yongyi Shou & Xueshu Shan & Jinan Shao & Kee-hung Lai & Qing Zhou, 2024. "How Do Foreign SMEs Mitigate Violent Conflict Risk by Doing Good? An Instrumental Stakeholder Theory Perspective," Journal of Business Ethics, Springer, vol. 192(2), pages 407-422, June.
    2. Vivien Lefebvre, 2023. "Mobilizing potential slack and firm performance: Evidence from French SMEs before and during the COVID-19 period," Post-Print hal-04585954, HAL.
    3. Santos, Susana C. & Liguori, Eric W. & Garvey, Erin, 2023. "How digitalization reinvented entrepreneurial resilience during COVID-19," Technological Forecasting and Social Change, Elsevier, vol. 189(C).
    4. Jeff Muldoon & Eric W. Liguori & Shelby Solomon & Josh Bendickson, 2023. "Technological Innovation and the expansion of Entrepreneurship Ecosystems," Review of Managerial Science, Springer, vol. 17(5), pages 1789-1808, July.
    5. Constanze Eib & Claudia Bernhard-Oettel, 2024. "Entrepreneurial action and eudaimonic well-being in a crisis: Insights from entrepreneurs in Sweden during the COVID-19 pandemic," Economic and Industrial Democracy, Department of Economic History, Uppsala University, Sweden, vol. 45(2), pages 335-362, May.

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