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Learning from crisis: a systematic literature review

Author

Listed:
  • Jan Brzozowski

    (Università Politecnica delle Marche, MoFiR)

  • Marco Cucculelli

    (Università Politecnica delle Marche, Dipartimento di Scienze economiche e sociali)

Abstract

The recent economic crisis has revived the interest on the reactions to the recession pursued by the entrepreneurs. Understanding how to act in troubled times becomes an asset which is vital for the firm survival, and to the future competitive advantage after the economic recovery. This papers reviews the state of the art on the firms. reaction to economic crisis and on the firms. ability to learn from previous events. The study aims at identifying the main trends and findings in this research field. Based on the Scopus and Web of Science indexes, the systematic review of the literature is carried out on the sample of 38 papers, by investigating the objectives, geographical coverage, methodologies and results. Consequently, most important gaps in knowledge on the learning from crisis research have been identified and most promising topics are described.

Suggested Citation

  • Jan Brzozowski & Marco Cucculelli, 2016. "Learning from crisis: a systematic literature review," Mo.Fi.R. Working Papers 123, Money and Finance Research group (Mo.Fi.R.) - Univ. Politecnica Marche - Dept. Economic and Social Sciences.
  • Handle: RePEc:anc:wmofir:123
    as

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    File URL: http://docs.dises.univpm.it/web/quaderni/pdfmofir/Mofir123.pdf
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    organizational learning; crisis; economic recession;
    All these keywords.

    JEL classification:

    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
    • L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance

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