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Entrepreneurial challenges of COVID-19: Re-thinking entrepreneurship after the crisis

Author

Listed:
  • Gagan Deep Sharma
  • Sascha Kraus
  • Eric Liguori
  • Umesh Kumar Bamel
  • Ritika Chopra

Abstract

The COVID-19 pandemic substantially influenced the world economy, affecting entrepreneurs and SMEs alike. This paper critically examines the relationship between entrepreneurship and COVID-19 through an integrative review analyzing 79 existing studies on the topic. We posit a novel framework for postcrisis recovery, identifying three phases of activity: business resumption (the decision to restart operations following a crisis), crisis impact analysis (understanding how the firm has changed as a result of the crisis), and future review and modification (examining how businesses need to move forward in the latter days following a crisis). Further, we call for additional entrepreneurship research embedded in a crisis environment, with the hope that new scholarship in this regard will provide a chance to increase awareness of the critical role of entrepreneurial management in society.

Suggested Citation

  • Gagan Deep Sharma & Sascha Kraus & Eric Liguori & Umesh Kumar Bamel & Ritika Chopra, 2024. "Entrepreneurial challenges of COVID-19: Re-thinking entrepreneurship after the crisis," Journal of Small Business Management, Taylor & Francis Journals, vol. 62(2), pages 824-846, March.
    • Handle: RePEc:taf:ujbmxx:v:62:y:2024:i:2:p:824-846
    DOI: 10.1080/00472778.2022.2089676
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    Citations

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    Cited by:

    1. Hanryeo Lim & Sungpyo Hong, 2026. "Entrepreneurship education and accessibility: lessons for middle-aged entrepreneurs from the COVID-19 pandemic," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 16(1), pages 1-18, December.
    2. Anusha Mini Selvan & Sahayaselvi Susainathan & Hesil Jerda George & Bradley J. Olson & Satyanarayana Parayitam & Samuel Jayaraman, 2025. "Antecedents of Entrepreneurial Intention: Entrepreneurship Education as a Moderator and Entrepreneurial Self-efficacy as a Mediator," Journal of Entrepreneurship and Innovation in Emerging Economies, Entrepreneurship Development Institute of India, vol. 11(2), pages 252-280, July.
    3. David B. Audretsch & Dafna Kariv, 2025. "Entrepreneurship in the context of permanent crisis: the role of community support," Review of Managerial Science, Springer, vol. 19(10), pages 3143-3176, October.
    4. Shore, Adam & Tiwari, Manisha & Tandon, Priyanka & Foropon, Cyril, 2024. "Building entrepreneurial resilience during crisis using generative AI: An empirical study on SMEs," Technovation, Elsevier, vol. 135(C).
    5. van Gelderen, Marco, 2025. "Living healthily to 120: Implications for entrepreneurship," Journal of Business Venturing, Elsevier, vol. 40(4).
    6. Maalouf, Jamal & Miklian, Jason & Hoelscher, Kristian, 2025. "Business survival strategies in a polycrisis: SME experiences from Beirut, Lebanon," Business Horizons, Elsevier, vol. 68(4), pages 461-477.
    7. Ruqia Ayoub & Saloni Devi, 2024. "Subjective well-being of entrepreneurs during COVID-19 pandemic: a bibliometric analysis," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 14(1), pages 1-18, December.
    8. Mariacarmela Passarelli & Giuseppe Bongiorno, 2025. "Is it the time to reshape entrepreneurship education? State-of-the-art and further perspectives," International Entrepreneurship and Management Journal, Springer, vol. 21(1), pages 1-35, December.

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