مقاله انگلیسی تاثیر بحران کووید-19 بر شرکت های کوچک و متوسط رشد محور
Abstract
Introduction
Literature Review
Findings
Conclusions
References
Abstract
This study explores how the COVID-19 pandemic has forced Flemish growth-oriented entrepreneurs to build entrepreneurial resilience. We rely on a research framework that consists of a “challenge-reaction-learning loop” to empirically investigate how entrepreneurial resilience is built in times of the COVID-19 crisis. To investigate this complex entrepreneurial learning process, we use data that have been collected during the first and second wave of the COVID-19 pandemic. By using several datapoints, we could identify (1) the specific challenges growth-oriented firms are facing as a result of the COVID-19 crisis; (2) how these entrepreneurs reacted to these challenges; and (3) what they learned during the first and second wave of the pandemic and how they perceive the future. By making this entrepreneurial learning process explicit and dividing it into an iterative “challenge-reaction-learning loop”, this study is relevant for all entrepreneurs, as it contains several interesting lessons learned. We also contribute to academic literature as we provide future researchers a tangible framework to further elucidate how entrepreneurial resilience is built in times of crisis.
Introduction
The economic crises of the past 20 years have led to a proliferation of studies investigating the impact of a crisis on entrepreneurship. Research to date has mainly focused on previous economic crises like the dot-com crash, e.g., [1,2]; the 2008 financial crisis, e.g., [3–6]; and natural disasters, e.g., [7,8] to investigate the impact of an economic crisis on entrepreneurs and their businesses. Although these studies have highly increased our general understanding of entrepreneurial best practices during and after an economic crisis, the ongoing COVID-19 crisis we are currently facing is of an entirely different order and its impact on entrepreneurship remains to be studied.