IDEAS home Printed from https://ideas.repec.org/a/eee/jbrese/v69y2016i5p1924-1927.html
   My bibliography  Save this article

Economic crisis and resilience: Resilient capacity and competitiveness of the enterprises

Author

Listed:
  • Sabatino, Michele

Abstract

This research analyzes the ability of resiliency of the enterprises starting from the analysis of the term “resiliency” in different interpretations. Nowadays the economic literature on resiliency is very wide. Nevertheless, the tools that scholars employ to measure resiliency at enterprise level are still imprecise and approximate. Using qualitative analysis, this research builds a rational model to understand the resiliency of the manufacturing enterprises, identifying some principal determinants. This research offers a logical scheme to measure entrepreneurs' resiliency to economic exogenous shocks, thus promoting a new managerial culture building on the principles of adaptability, flexibility, and innovation.

Suggested Citation

  • Sabatino, Michele, 2016. "Economic crisis and resilience: Resilient capacity and competitiveness of the enterprises," Journal of Business Research, Elsevier, vol. 69(5), pages 1924-1927.
  • Handle: RePEc:eee:jbrese:v:69:y:2016:i:5:p:1924-1927
    DOI: 10.1016/j.jbusres.2015.10.081
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0148296315005044
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.jbusres.2015.10.081?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Ron Martin & Peter Sunley, 2011. "Conceptualizing Cluster Evolution: Beyond the Life Cycle Model?," Regional Studies, Taylor & Francis Journals, vol. 45(10), pages 1299-1318, November.
    2. Ron Martin, 2012. "Regional economic resilience, hysteresis and recessionary shocks," Journal of Economic Geography, Oxford University Press, vol. 12(1), pages 1-32, January.
    3. repec:bla:devpol:v:25:y:2007:i:2:p:243-264 is not listed on IDEAS
    4. Gebauer, Heiko & Gustafsson, Anders & Witell, Lars, 2011. "Competitive advantage through service differentiation by manufacturing companies," Journal of Business Research, Elsevier, vol. 64(12), pages 1270-1280.
    5. Wim Naudé & Mark McGillivray & Stephanie Rossouw, 2008. "Measuring the Vulnerability of Subnational Regions," WIDER Working Paper Series RP2008-54, World Institute for Development Economic Research (UNU-WIDER).
    6. Perrings, Charles, 2006. "Resilience and sustainable development," Environment and Development Economics, Cambridge University Press, vol. 11(4), pages 417-427, August.
    7. Susan Christopherson & Jonathan Michie & Peter Tyler, 2010. "Regional resilience: theoretical and empirical perspectives," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 3(1), pages 3-10.
    8. Lloret, Antonio, 2016. "Modeling corporate sustainability strategy," Journal of Business Research, Elsevier, vol. 69(2), pages 418-425.
    9. Peterson, Garry, 2000. "Political ecology and ecological resilience:: An integration of human and ecological dynamics," Ecological Economics, Elsevier, vol. 35(3), pages 323-336, December.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Santoro, Gabriele & Bertoldi, Bernardo & Giachino, Chiara & Candelo, Elena, 2020. "Exploring the relationship between entrepreneurial resilience and success: The moderating role of stakeholders' engagement," Journal of Business Research, Elsevier, vol. 119(C), pages 142-150.
    2. Kynda R. Curtis & Susan L. Slocum, 2021. "Rural Winery Resiliency and Sustainability through the COVID-19 Pandemic," Sustainability, MDPI, vol. 13(18), pages 1-13, September.
    3. Juntao Tan & Kevin Lo & Fangdao Qiu & Wenxin Liu & Jing Li & Pingyu Zhang, 2017. "Regional Economic Resilience: Resistance and Recoverability of Resource-Based Cities during Economic Crises in Northeast China," Sustainability, MDPI, vol. 9(12), pages 1-15, November.
    4. Wendong Lv & Yuan Wei & Xiaoyun Li & Lin Lin, 2019. "What Dimension of CSR Matters to Organizational Resilience? Evidence from China," Sustainability, MDPI, vol. 11(6), pages 1-23, March.
    5. Reuschl, Andreas J. & Deist, Maximilian K. & Maalaoui, Adnane, 2022. "Digital transformation during a pandemic: Stretching the organizational elasticity," Journal of Business Research, Elsevier, vol. 144(C), pages 1320-1332.
    6. Panagiotis Kotsios, 2023. "Business resilience skills for SMEs," Journal of Innovation and Entrepreneurship, Springer, vol. 12(1), pages 1-22, December.
    7. Marco Moretti & Manuele Marsili, 2019. "Resilienza come apprendimento," PRISMA Economia - Societ? - Lavoro, FrancoAngeli Editore, vol. 2019(2), pages 58-82.
    8. Oliver Cruz-Milan & Sergio Lagunas-Puls, 2021. "Effects of COVID-19 on Variations of Taxpayers in Tourism-Reliant Regions: The Case of the Mexican Caribbean," JRFM, MDPI, vol. 14(12), pages 1-23, December.
    9. Hensellek, Simon & Kleine-Stegemann, Lucas & Kollmann, Tobias, 2023. "Entrepreneurial leadership, strategic flexibility, and venture performance: Does founders' span of control matter?," Journal of Business Research, Elsevier, vol. 157(C).
    10. František Synák, 2023. "Problems and Opportunities within the Wine Industry in Terms of the COVID-19 Pandemic," Agriculture, MDPI, vol. 13(3), pages 1-20, March.
    11. Dong Wang & Shengli Chen, 2022. "RETRACTED: Digital Transformation and Enterprise Resilience: Evidence from China," Sustainability, MDPI, vol. 14(21), pages 1-23, October.
    12. Parker, Hamieda & Ameen, Khadija, 2018. "The role of resilience capabilities in shaping how firms respond to disruptions," Journal of Business Research, Elsevier, vol. 88(C), pages 535-541.
    13. Margherita, Alessandro & Heikkilä, Marikka, 2021. "Business continuity in the COVID-19 emergency: A framework of actions undertaken by world-leading companies," Business Horizons, Elsevier, vol. 64(5), pages 683-695.
    14. Ahmad Jafari Ghezelhesar & Ali Bozorgi-Amiri, 2022. "A novel approach to selection of resilient measures portfolio under disruption and uncertainty: a case study of e-payment service providers," Operational Research, Springer, vol. 22(5), pages 5477-5527, November.
    15. Kaciak, Eugene & Welsh, Dianne H.B., 2020. "Women entrepreneurs and work–life interface: The impact of sustainable economies on success," Journal of Business Research, Elsevier, vol. 112(C), pages 281-290.
    16. Parast, Mahour Mellat, 2020. "The impact of R&D investment on mitigating supply chain disruptions: Empirical evidence from U.S. firms," International Journal of Production Economics, Elsevier, vol. 227(C).
    17. Jacques Bughin, 2023. "Are you resilient? Machine learning prediction of corporate rebound out of the Covid‐19 pandemic," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 44(3), pages 1547-1564, April.
    18. Daniel Ştefan Armeanu & Georgeta Vintilă & Ştefan Cristian Gherghina & Dan Cosmin Petrache, 2017. "Approaches on Correlation between Board of Directors and Risk Management in Resilient Economies," Sustainability, MDPI, vol. 9(2), pages 1-15, January.
    19. Anna Wziątek-Kubiak & Marek Pęczkowski, 2021. "Strengthening the Innovation Resilience of Polish Manufacturing Firms in Unstable Environments," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 12(2), pages 716-739, June.
    20. Wen-Dong Lv & Dan Tian & Yuan Wei & Rui-Xue Xi, 2018. "Innovation Resilience: A New Approach for Managing Uncertainties Concerned with Sustainable Innovation," Sustainability, MDPI, vol. 10(10), pages 1-25, October.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ron Martin & Peter Sunley, 2015. "On the notion of regional economic resilience: conceptualization and explanation," Journal of Economic Geography, Oxford University Press, vol. 15(1), pages 1-42.
    2. Silvia Rita Sedita & Ivan De Noni & Luciano Pilotti, 2014. "How do related variety and differentiated knowledge bases influence the resilience of local production systems?," "Marco Fanno" Working Papers 0180, Dipartimento di Scienze Economiche "Marco Fanno".
    3. Shanshan Ye & Zhu Qian, 2021. "The Economic Network Resilience of the Guanzhong Plain City Cluster, China: A network analysis from the evolutionary perspective," Growth and Change, Wiley Blackwell, vol. 52(4), pages 2391-2411, December.
    4. Marina Capparucci & Emanuela Ghignoni & Alina Verashchagina & Natalia Vorozhbit, 2015. "The Drivers of Innovation in the Italian Manufacturing Sector," Economia & lavoro, Carocci editore, issue 3, pages 111-128.
    5. Vinko Muštra & Blanka Šimundić & Zvonimir Kuliš, 2020. "Does innovation matter for regional labour resilience? The case of EU regions," Regional Science Policy & Practice, Wiley Blackwell, vol. 12(5), pages 955-970, October.
    6. Tapio Riepponen & Mikko Moilanen & Jaakko Simonen, 2023. "Themes of resilience in the economics literature: A topic modeling approach," Regional Science Policy & Practice, Wiley Blackwell, vol. 15(2), pages 326-356, April.
    7. Roberto Antonietti & Ron Boschma, 2021. "Social capital, resilience, and regional diversification in Italy [Social capital, innovation and growth: evidence from Europe]," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 30(3), pages 762-777.
    8. Paolo Di Caro, 2015. "Recessions, recoveries and regional resilience: evidence on Italy," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 8(2), pages 273-291.
    9. Beniamino Pisicoli, 2022. "Banking diversity, financial complexity and resilience to financial shocks: evidence from Italian provinces," International Review of Applied Economics, Taylor & Francis Journals, vol. 36(3), pages 338-402, May.
    10. Francis, Royce & Bekera, Behailu, 2014. "A metric and frameworks for resilience analysis of engineered and infrastructure systems," Reliability Engineering and System Safety, Elsevier, vol. 121(C), pages 90-103.
    11. Paul Plummer & Daisaku Yamamoto, 2019. "Economic resilience of Japanese nuclear host communities: A quasi-experimental modeling approach," Environment and Planning A, , vol. 51(7), pages 1586-1608, October.
    12. Suat Tuysuz & Tüzin Baycan & Fatih Altuğ, 2022. "Economic impact of the COVID-19 outbreak in Turkey: analysis of vulnerability and resilience of regions and diversely affected economic sectors," Asia-Pacific Journal of Regional Science, Springer, vol. 6(3), pages 1133-1158, October.
    13. Elias Giannakis & Adriana Bruggeman, 2017. "Economic crisis and regional resilience: Evidence from Greece," Papers in Regional Science, Wiley Blackwell, vol. 96(3), pages 451-476, August.
    14. Mikhail Martynovich & Teis Hansen & Karl-Johan Lundquist, 2023. "Can foundational economy save regions in crisis?," Journal of Economic Geography, Oxford University Press, vol. 23(3), pages 577-599.
    15. Pierre-Alexandre Balland & David Rigby & Ron Boschma, 2015. "The technological resilience of US cities," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 8(2), pages 167-184.
    16. Alexey Nedosekin & Zinaida Abdoulaeva & Evgenii Konnikov & Alexander Zhuk, 2020. "Fuzzy Set Models for Economic Resilience Estimation," Mathematics, MDPI, vol. 8(9), pages 1-16, September.
    17. Gergő Tóth & Zoltán Elekes & Adam Whittle & Changjun Lee & Dieter F. Kogler, 2022. "Technology Network Structure Conditions the Economic Resilience of Regions," Economic Geography, Taylor & Francis Journals, vol. 98(4), pages 355-378, August.
    18. 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.
    19. Chang-Tai Lee & Jin-Li Hu & Ming-Hsin Kung, 2022. "Economic Resilience in the Early Stage of the COVID-19 Pandemic: An Across-Economy Comparison," Sustainability, MDPI, vol. 14(8), pages 1-25, April.
    20. Stella Karoulia & Eleni Gaki & Stella Kostopoulou & Dimitrios Lagos, 2016. "Greek tourism sector and signs of resilience," ERSA conference papers ersa16p691, European Regional Science Association.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:jbrese:v:69:y:2016:i:5:p:1924-1927. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/jbusres .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.