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COVID-19 and the Strategic Responses to Crises in the Italian Entrepreneurial Firms: An Explorative Research

In: Business Under Crisis, Volume III

Author

Listed:
  • Lara Penco

    (University of Genoa)

  • Enrico Ivaldi

    (University of Genoa)

  • Andrea Ciacci

    (University of Genoa)

Abstract

The COVID-19 pandemic is considered one of the most severe economic and social crises. Social distancing, self-isolation, and travel restrictions have caused a reduced workforce across all economic sectors and many jobs to be lost. In this chapter we provide at first a general analysis of the sentiment of the European economic system. The impact of COVID-19 on the confidence level is explored. In particular, we find the existence of a negative relationship between the extent of the pandemic crisis and the change in confidence. Since Italy represents a delicate geographical terrain of studies at the time of the crisis by COVID-19, we concentrate our attention on the entrepreneurial and strategic orientation taken by Italian family SMEs.

Suggested Citation

  • Lara Penco & Enrico Ivaldi & Andrea Ciacci, 2022. "COVID-19 and the Strategic Responses to Crises in the Italian Entrepreneurial Firms: An Explorative Research," Palgrave Studies in Cross-disciplinary Business Research, In Association with EuroMed Academy of Business, in: Demetris Vrontis & Alkis Thrassou & Yaakov Weber & S. M. Riad Shams & Evangelos Tsoukatos & Leonidas (ed.), Business Under Crisis, Volume III, chapter 9, pages 205-233, Palgrave Macmillan.
    • Handle: RePEc:pal:pscchp:978-3-030-76583-5_9
    DOI: 10.1007/978-3-030-76583-5_9
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