Disasters and Entrepreneurship: A Short Review

Galbraith, Craig S.; Stiles, Curt H.

doi:10.1016/s1074-7877(06)05008-2

Cited by 20 publications

(16 citation statements)

References 15 publications

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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.…”

mentioning

confidence: 99%

Resilience and entrepreneurship: a systematic literature review

Korber

McNaughton

2017

IJEBR

302

266

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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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confidence: 99%

Resilience and entrepreneurship: a systematic literature review

Korber

McNaughton

2017

IJEBR

302

266

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“…Natural disasters are frequently considered to be the cause of small business failures (Beaver and Jennings, 2005) or an obstacle to their performance (Morrison and Teixeira, 2004). Few researchers have attempted to understand the impact of these events on entrepreneurial tendencies, behaviors and activities (Crowards and Coulter, 1999;ECLAC, 2002;Rasmussen, 2004), even though entrepreneurship is considered a vital component of post-disaster reconstruction (Galbraith and Stiles, 2006). Even less understood is how disasters could serve as a source of entrepreneurial opportunity and innovation.…”

Section: Literature Reviewmentioning

confidence: 99%

“…Understanding how entrepreneurs innovate within a post-disaster context, where resources are scarce and freedom of action is hindered, is essential, since entrepreneurial action is fundamental in recovering from such events and returning to a pre-disaster state or even progressing past a pre-disaster state. However, the exact role that local entrepreneurs and small businesses play within post-disaster recovery is not well understood (Galbraith and Stiles, 2006). Despite their 275 Discovering opportunities in necessity undeniable impact on the socio-economic fabric of the affected populations, very few publications address the relationship between catastrophic events and entrepreneurial efforts.…”

Section: Introductionmentioning

confidence: 99%

“…As Galbraith and Stiles (2006) elegantly put forward "understanding how small firms successfully respond within a post-disaster recovery environment may be critical in framing future relief efforts targeted toward the local business community." If we understand entrepreneurial action and processes, policies could be developed that encourage entrepreneurial action as part of the postdisaster recovery strategy (Galbraith and Stiles, 2006).…”

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confidence: 99%

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Discovering opportunities in necessity: the inverse creative destruction effect

Monllor

Altay

2016

Journal of Small Business and Enterprise Development

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Purpose-The purpose of this paper is to investigate the changes in perceptions and actions taken on post-disaster entrepreneurial opportunities. Design/methodology/approach-Utilizing worldwide data on natural disasters (EMDAT) and entrepreneurial perceptions (Global Entrepreneurship Monitor (GEM)), the authors apply analysis of covariance to compare entrepreneurial opportunity perceptions and actions before and after a disaster took place. Findings-The study found that natural disasters have a significant and positive impact on entrepreneurial opportunity perceptions and actions but not on perceptions of self-efficacy, fear of failure and entrepreneurial intentions. Research limitations implications-One limitation of the study is the use of the secondary data. While the GEM data as well as the EMDAT data are country specific, disasters usually have a direct impact on a region of a country rather than affecting the whole country's behavior. Practical implications-The results hold important policy implications. The fact that disasters increase entrepreneurial action implies that local government institutions should include entrepreneurial action as part of the post-disaster recovery process. By providing assistance and access to resources, government institutions could further increase entrepreneurial action and could increase the number of opportunities perceived by individuals which would lead to new and innovative businesses, in addition to the rebuilding of pre-existing firms. Originality/value-Natural disasters are frequently considered to be the cause of small business failures or an obstacle to their performance, while simultaneously thought to be a vital component of post-disaster reconstruction. To date, few researchers have attempted to understand the impact of these events on entrepreneurial tendencies, behaviors and activities, even though the authors barely understand how they could serve as a source of entrepreneurial opportunity and innovation. This research is one of the first attempts to shed some light into this interesting and important phenomenon.

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“…Benson and Clay (2006) analysed disasters, vulnerability and the global economy with special emphasis on implications for less-developed countries and poor populations. Galbraith and Stiles (2006) reviewed disasters and entrepreneurship. Hassan (2005) performed simplifi ed two-dimensional numerical modelling of coastal fl ooding.…”

Section: Introductionmentioning

confidence: 99%

Knowledge Model for Post‐disaster Management

Kaklauskas

Amaratunga

Haigh

2009

International Journal of Strategic Property Management

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ABSTRACT. The main aim of this research is to help post-disaster managers to fi nd most rational solutions by using advanced knowledge and developed Model. Post-disaster management is shared, purposeful activities based upon the development of common understandings and interpretations of means and ends. Stakeholders generate the personal and group decisions which contribute to post-disaster management success. This article describes the development (during EurAsia project) of a Knowledge Model for Post-disaster Management based upon multiple criteria decision making theory. The developed Model involves six stages that help to determine rational post-disaster management alternatives by evaluating post-disaster management' life cycle, stakeholders, micro and macro environment.

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Disasters and Entrepreneurship: A Short Review

Cited by 20 publications

References 15 publications

Resilience and entrepreneurship: a systematic literature review

Resilience and entrepreneurship: a systematic literature review

Discovering opportunities in necessity: the inverse creative destruction effect

Knowledge Model for Post‐disaster Management

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