Weathering a Crisis: A Multi-Level Analysis of Resilience in Young Ventures
In the context of the external disruption presented by the COVID-19 pandemic, we investigate (1) how individual-level resilience and inter-functional coordination relate to organizational resilience and (2) the link between organizational resilience and firm performance. We view organizational resil...
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| Veröffentlicht in: | Entrepreneurship theory and practice 2023-05, Vol.47 (3), p.864-892 |
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| container_title | Entrepreneurship theory and practice |
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| creator | Anwar, Ali Coviello, Nicole Rouziou, Maria |
| description | In the context of the external disruption presented by the COVID-19 pandemic, we investigate (1) how individual-level resilience and inter-functional coordination relate to organizational resilience and (2) the link between organizational resilience and firm performance. We view organizational resilience as a resource-based capability and draw on insights regarding psychological capital and relational resources to inform our hypotheses. Our hypotheses are tested with a time-lagged, multi-level study of young technology ventures. The results show that when such firms are resilient, they tend to perform significantly better in a crisis. Further, organizational resilience is positively influenced by the individual resilience of top management team members, as well as inter-functional coordination. We discuss implications for theory and practice and suggest avenues for research on resilience in entrepreneurship. |
| doi_str_mv | 10.1177/10422587211046545 |
| format | Article |
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| identifier | ISSN: 1042-2587 |
| ispartof | Entrepreneurship theory and practice, 2023-05, Vol.47 (3), p.864-892 |
| issn | 1042-2587 1540-6520 |
| language | eng |
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| source | SAGE Complete |
| subjects | Coordination COVID-19 Disruption Entrepreneurship Individual differences Organizational performance Pandemics Resilience Teams Top management Ventures |
| title | Weathering a Crisis: A Multi-Level Analysis of Resilience in Young Ventures |
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