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Strategies for resilience in entrepreneurship: building resources for small business survival after a crisis

In: Creating Resilient Economies

Author

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  • Rachel Doern

Abstract

This chapter examines the recovery strategies of small businesses in the aftermath of a crisis, specifically, the England riots of 2011, and the resources integral to such. Drawing on qualitative interviews with owner-managers of 15 businesses affected by the rioting in London, this chapter builds on resilience research and draws from Conservation of Resources Theory to highlight the importance of devising strategies that both utilise existing resources and invest in new resources. Recovery strategies were found to be social, economic and personal in nature.

Suggested Citation

  • Rachel Doern, 2017. "Strategies for resilience in entrepreneurship: building resources for small business survival after a crisis," Chapters, in: Nick Williams & Tim Vorley (ed.), Creating Resilient Economies, chapter 2, pages 11-27, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:17125_2
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    File URL: https://www.elgaronline.com/view/9781785367632.00008.xml
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    Cited by:

    1. Ute Stephan & Przemysław Zbierowski & Ana Pérez-Luño & Dominika Wach & Johan Wiklund & Marisleidy Alba Cabañas & Edgard Barki & Alexandre Benzari & Claudia Bernhard-Oettel & Janet A. Boekhorst & A, 2023. "Act or Wait-and-See? Adversity, Agility, and Entrepreneur Wellbeing across Countries during the COVID-19 Pandemic," Entrepreneurship Theory and Practice, , vol. 47(3), pages 682-723, May.

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