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Measuring regional business resilience

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  • Anthony Soroka
  • Gillian Bristow
  • Mohamed Naim
  • Laura Purvis

Abstract

The concept of regional resilience is explored by understanding the resilience of individual firms within both the region (and their capabilities to cope, adapt and reconfigure) and a constantly evolving economic environment. This study examines the utility of the QuiScore credit indicator (from the Financial Analysis Made Easy (FAME) database) to measure both firm and regional economic resilience. Using the Cardiff Capital Region in Wales, UK (for the period 2006–16) as a case study, the results indicate that the QuiScore is an effective indicator of the economic resilience of firms as well as an early warning indicator of economic stresses for a region.

Suggested Citation

  • Anthony Soroka & Gillian Bristow & Mohamed Naim & Laura Purvis, 2020. "Measuring regional business resilience," Regional Studies, Taylor & Francis Journals, vol. 54(6), pages 838-850, June.
    • Handle: RePEc:taf:regstd:v:54:y:2020:i:6:p:838-850
    DOI: 10.1080/00343404.2019.1652893
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    Cited by:

    1. Vitor Klein Schmidt & Aurora Carneiro Zen & Bernardo Fernandes Soares & Bruno Anicet Bittencourt, 2023. "Trajectory and cluster resilience elements: The case of the Brazilian wine cluster of the Serra Gaúcha," Growth and Change, Wiley Blackwell, vol. 54(2), pages 596-624, June.
    2. Ross Brown & Ronald V Kalafsky & Suzanne Mawson & Lori Davies, 2020. "Shocks, uncertainty and regional resilience: The case of Brexit and Scottish SMEs," Local Economy, London South Bank University, vol. 35(7), pages 655-675, November.
    3. Potter, Andrew & Soroka, Anthony & Naim, Mohamed, 2022. "Regional resilience for rail freight transport," Journal of Transport Geography, Elsevier, vol. 104(C).
    4. Bednarik, Zuzana & Marshall, Maria I., 2023. "Rural small business loan access and their adaptive capacity in times of crisis," 2023 Annual Meeting, July 23-25, Washington D.C. 335449, Agricultural and Applied Economics Association.
    5. Kitsos, Anastasios & Grabner, Simone Maria & Incera, Andre Carrascal, 2022. "The role of embeddedness in regional economic resistance," SocArXiv b759j, Center for Open Science.
    6. Huiwen Gong & Robert Hassink & Cassandra Wang, 2021. "Strategic coupling and regional resilience in times of uncertainty: the industrial chain chief model in Zhejiang, China," PEGIS geo-disc-2021_06, Institute for Economic Geography and GIScience, Department of Socioeconomics, Vienna University of Economics and Business.
    7. Mattie Landman & Sanna Ojanperä & Stephen Kinsella & Neave O’Clery, 2023. "The role of relatedness and strategic linkages between domestic and MNE sectors in regional branching and resilience," The Journal of Technology Transfer, Springer, vol. 48(2), pages 515-559, April.

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