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Entrepreneurial challenges of COVID-19: Re-thinking entrepreneurship after the crisis

Author

Listed:
  • Gagan Deep Sharma
  • Sascha Kraus
  • Eric Liguori
  • Umesh Kumar Bamel
  • Ritika Chopra

Abstract

The COVID-19 pandemic substantially influenced the world economy, affecting entrepreneurs and SMEs alike. This paper critically examines the relationship between entrepreneurship and COVID-19 through an integrative review analyzing 79 existing studies on the topic. We posit a novel framework for postcrisis recovery, identifying three phases of activity: business resumption (the decision to restart operations following a crisis), crisis impact analysis (understanding how the firm has changed as a result of the crisis), and future review and modification (examining how businesses need to move forward in the latter days following a crisis). Further, we call for additional entrepreneurship research embedded in a crisis environment, with the hope that new scholarship in this regard will provide a chance to increase awareness of the critical role of entrepreneurial management in society.

Suggested Citation

  • Gagan Deep Sharma & Sascha Kraus & Eric Liguori & Umesh Kumar Bamel & Ritika Chopra, 2024. "Entrepreneurial challenges of COVID-19: Re-thinking entrepreneurship after the crisis," Journal of Small Business Management, Taylor & Francis Journals, vol. 62(2), pages 824-846, March.
    • Handle: RePEc:taf:ujbmxx:v:62:y:2024:i:2:p:824-846
    DOI: 10.1080/00472778.2022.2089676
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