A Mixed Blessing: Resilience in the Entrepreneurial Socio-Technical System of Bitcoin

Morisse, Marcel; Ingram, Claire

doi:10.4301/s1807-17752016000100001

Cited by 14 publications

(7 citation statements)

References 73 publications

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“…Resilient entrepreneurs look at difficult situations with a positive attitude rather than fear, apathy or desperation. Resilience helps an entrepreneur to manage an unstable and changing business environment [35]. The characteristics of entrepreneurial resilience include hardiness, resourcefulness and optimism.…”

Section: Entrepreneurial Resiliencementioning

confidence: 99%

The Impact of Entrepreneurial Resilience on the Success of Small and Medium Enterprises in South Africa

Fatoki

2018

Sustainability

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Small and medium enterprises (SMEs) have a significant role to play in a country's sustainable development. The measures of a country's sustainable development include economic and social factors. The sustainability of small and medium enterprises is vital to job creation, poverty reduction, and sustainable economic growth. The high failure rate of SMEs negatively impacts on South Africa's sustainable development. The purpose of the study was to investigate the relationship between entrepreneurial resilience and the success of SMEs in South Africa. Success was measured using both organisational and individual criteria. The Connor-Davidson Resilience Scale 10 (CD-RISC 10) was used to measure entrepreneurial resilience. Data was collected from 170 small business owners through the survey method. The self-administered questionnaire method was used to collect data from the participants. Convenience and snowball methods were used for sampling. Descriptive statistics, confirmatory factor analysis, correlation, and regression analysis were used for data analysis. Cronbach's alpha was used as a measure of reliability. The results indicated that there is a significant positive relationship between entrepreneurial resilience and individual and organisational success. Ways to enhance the resilience of small business owners in order to ensure the sustainability of SMEs are suggested.

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Section: Entrepreneurial Resiliencementioning

confidence: 99%

The Impact of Entrepreneurial Resilience on the Success of Small and Medium Enterprises in South Africa

Fatoki

2018

Sustainability

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“…Synthesizing these avenues for future research, we encourage scholars to approach issues around entrepreneurship and resilience more holistically to incorporate insights from all six conversations. For instance, few studies have examined the role of entrepreneurial entities in predisaster preparedness, short-term initial responses, post-disaster recovery, and long-term sustainable development (see Galbraith and Stiles, 2006;Morisse and Ingram, 2016). Furthermore, although the resilience of entrepreneurs might be affected by "biological, demographic, or contextual factors" (Manzano and Ayala, 2013, p. 250), few studies cross multiple levels and units of analysis.…”

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confidence: 99%

Resilience and entrepreneurship: a systematic literature review

Korber

McNaughton

2017

IJEBR

257

224

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Purpose The purpose of this paper is to review existing literature at the intersection of resilience and entrepreneurship. It identifies six scholarly conversations, each of which draws on distinct notions of resilience and entrepreneurship. Based on those conversations, shortcomings in the existing literature are discussed and avenues for future research are outlined. Design/methodology/approach A systematic multi-disciplinary review of 144 papers that are categorized into six scholarly conversations to build the foundation for a critical discussion of each line of inquiry. Findings This paper identifies six conversations or research streams at the intersection of entrepreneurship and resilience: resilience as traits or characteristics of entrepreneurial firms or individuals, resilience as a trigger for entrepreneurial intentions, entrepreneurial behavior as enhancing organizational resilience, entrepreneurial firms fostering macro-level (regions, communities, economies) resilience, resilience in the context of entrepreneurial failure, and resilience as a process of recovery and transformation. The review revealed these publications imprecisely define constructs and use a limited amount of the extant scholarship on both entrepreneurship and resilience. Future research should take a more holistic approach to explore entrepreneurship and resilience from a multi-level and longitudinal perspective, especially in the context of socio-ecological sustainability. Originality/value This paper incorporates insights on resilience and entrepreneurship across academic disciplines to show how future contributions could benefit by incorporating research from other fields. In doing so, it provides a starting point for more nuanced discussions around the interrelationships between the different conversations and the role entrepreneurs can play in promoting a positive, long-term trajectory for a socio-ecological system.

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“…Here, a Woodwardian view compels us to discern trust as distributed across decision-makers from trust as decentralized across information nodes, whereas a sociotechnical perspective endorses a view of trust as systemically entangled with the blockchain industry’s institutions, organizations and algorithms – all simultaneously interacting with one another (Beck, 2018; Ekblaw, Barabas, Harvey-Buschel, & Lippman, 2016; Hayes, 2019; Karlstrøm, 2014; Knittel, Pitts, & Wash, 2019; Morisse & Ingram, 2016). Unlike the Woodwardian view, the latter perspective fails to distill the problem into analytically tractable components on which policy-makers can act.…”

Section: Discussionmentioning

confidence: 99%

Decentralized vs. Distributed Organization: Blockchain, Machine Learning and the Future of the Digital Platform

Vergne

2020

Organization Theory

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The terms decentralized organization and distributed organization are often used interchangeably, despite describing two distinct phenomena. I propose distinguishing decentralization, as the dispersion of organizational communications, from distribution, as the dispersion of organizational decision-making. Organizations can be distributed without being decentralized (and vice versa), and having multiple management layers directly affects only distribution – not decentralization. This proposed distinction has implications for understanding the growth of digital platforms (e.g. amazon.com ), which dominate the global economy in the 21st century. While prominent platforms typically use machine learning as their core technology to transform inputs (e.g. data) into outputs (e.g. matchmaking services), blockchain has emerged as an alternative technological blueprint. I argue that blockchain enables platforms that are both decentralized and distributed (e.g. Bitcoin), whereas machine learning fosters centralized communications and the concentration of decision-making (e.g. Facebook Inc.). This distinction has crucial implications for antitrust policy, which, I contend, should shift both its analysis and its target of action away from the corporate level and focus instead on the data level. Based on this essay’s framework, I make several predictions regarding the future of competition between centralized and decentralized platforms, the evolution of government regulation, and broader implications for managers in the digital economy and for the business schools charged with their education. I conclude with reflections on the opportunity to revive cybernetic thinking for preventing a dystopian future dominated by a handful of platform behemoths.

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A Mixed Blessing: Resilience in the Entrepreneurial Socio-Technical System of Bitcoin

Cited by 14 publications

References 73 publications

The Impact of Entrepreneurial Resilience on the Success of Small and Medium Enterprises in South Africa

The Impact of Entrepreneurial Resilience on the Success of Small and Medium Enterprises in South Africa

Resilience and entrepreneurship: a systematic literature review

Decentralized vs. Distributed Organization: Blockchain, Machine Learning and the Future of the Digital Platform

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