Search the World's Largest Database of Information Science & Technology Terms & Definitions
InfInfoScipedia LogoScipedia
A Free Service of IGI Global Publishing House
Below please find a list of definitions for the term that
you selected from multiple scholarly research resources.

What is Entrepreneurial Resilience

Cases on Small Business Economics and Development During Economic Crises
The ability of the entrepreneur to sustain business in the face of toughness or difficulties.
Published in Chapter:
Resilient Entrepreneurial Strategies Adopted by Zimbabwean Small and Medium Enterprises During Economic Crisis
Mufaro Dzingirai (Midlands State University, Zimbabwe) and Rodgers Ndava (Midlands State University, Zimbabwe)
DOI: 10.4018/978-1-7998-7657-1.ch006
Abstract
Resilient entrepreneurial strategy is a concept of great importance as it captures how entrepreneurs can ensure business sustainability in the face of harsh economic conditions of a market. In the wake of the economic crisis induced by the COVID-19 pandemic, it is not surprising to observe that scholars and practitioners are shifting their attention towards entrepreneurial resilience especially in the context of SMEs. With this in mind, this chapter focuses on the resilient entrepreneurial strategies adopted by Zimbabwean SMEs during the COVID-19 pandemic. The study established five strategies, namely strategic alliance, product differentiation, cost containment, innovation, and product differentiation. It is, therefore, recommended that SMEs should harness online technology and constantly re-evaluate entrepreneurial strategies in order to augment their agility to shocks emanating from the business environment.
Full Text Chapter Download: US $37.50 Add to Cart
More Results
Antecedents of Entrepreneurial Resilience
A process which entrepreneur employ to form and incorporate capabilities to adapt and respond to dynamic changes occurred in the entrepreneurial role.
Full Text Chapter Download: US $37.50 Add to Cart
eContent Pro Discount Banner
InfoSci OnDemandECP Editorial ServicesAGOSR