Entrepreneurship and Innovation in a Context of Crisis

Peris‐Ortiz, Marta; Fuster-Estruch, Vicenta; Devece-Carañana, Carlos

doi:10.1007/978-3-319-02384-7_1

Cited by 22 publications

(17 citation statements)

References 15 publications

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“…As traditional companies invest part of their budget to enhance their brand name, in sharing economy environments single individuals have to enhance their personal reputation to boost their popularity. From the managerial standpoint, we are assisting at a new form of micro-entrepreneurship where sellers in time of crisis decide to market their products (Soriano and Huarng, 2013;Peris-Ortiz et al, 2014). In this context, we show that sellers should develop specific personal branding strategies in order to increase their popularity.…”

Section: Resultsmentioning

confidence: 97%

Humanize your business. The role of personal reputation in the sharing economy

Mauri

Minazzi²,

García

et al. 2018

International Journal of Hospitality Management

114

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Drawing on the services marketing and sharing economy literature, the study identifies the leading reputational attributes that boost popularity in sharing economy platforms. As popularity stands as a purchase decisionmaking tool, the purpose of this paper is to jointly examine the influence of personal reputation and product description. A sample of Airbnb listings was collected in November 2016 in Italy and UK (n=502). The database consists of popularity variables along with personal reputational attributes and the description of the product being offered. The findings of the study, based on the Shapley Value Regression, suggest that personal reputation is of paramount importance, explaining alone almost 40% of popularity variation. The paper concludes with theoretical implications on self-branding and, given the importance weights of the different attributes in popularity building, practical implications for sellers operating in sharing economy platforms.

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Section: Resultsmentioning

confidence: 97%

Humanize your business. The role of personal reputation in the sharing economy

Mauri

Minazzi²,

García

et al. 2018

International Journal of Hospitality Management

114

View full text Add to dashboard Cite

show abstract

“…Thus, the current financial turmoil and its resulting macroeconomic downturn has numerous implications for both, entrepreneurs and companies (Beltrame et al, 2019). In addition, there are high levels of complexity in terms of the effect of an economic crisis and entrepreneurial performance (Peris-Ortiz, Fuster-Estruch, & Devece-Caranana, 2014), thus the evaluation of entrepreneurial activities involves complex criteria to examine the generated relationships (Tsai and Kuo, 2011). In tourism and hospitality, when a crisis appears the industry's volatility is strongly felt, since the vast majority of businesses are Small and Medium Enterprises (SMEs) and a considerable amount of people are self-employed, trying to carve out a living in the sector (Dahles and Susilowati, 2015).…”

Section: Introductionmentioning

confidence: 99%

Entrepreneurial decisions in tourism and hospitality during crisis

Παππάς

Brown

2020

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PurposeThe article examines the entrepreneurial decision-making in the Greek tourism and hospitality sector during a period of an economic crisis.Design/methodology/approachThe nationwide study includes the responses of 503 entrepreneurs engaged in the Greek travel, tourism and hospitality industry. The research employs fuzzy-set Qualitative Comparative Analysis (fsQCA), and examines trust, enterprising negotiation power, tourism decision-making considerations and crisis effects. It also includes the categorical data of operational mode and company type.FindingsThe analysis has generated three different pathways for entrepreneurial decision-making during crisis in the Greek tourism and hospitality sector. These pathways are (1) crisis conditions, (2) enterprising operations and focus and (3) enterprising capabilities.Research limitations/implicationsDue to the limited employment of fsQCA in the tourism sector, its full potential is still to be explored.Practical implicationsThe study provides three different pathways that Greek tourism entrepreneurs select for their decision-making according to the characteristics of their firms and their market orientation.Originality/valueTheoretically, the study contributes by enhancing understanding of entrepreneurial decision-making during periods of crisis. In the methodological domain, the research employs fsQCA, which has only recently started to be used in tourism and hospitality, and generally the service sector.

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“…Some of the literature on entrepreneurship has identified social or individual characteristics associated with the entrepreneur, such as the desire for autonomy, wealth, power, status, and personal achievement. However, it has been pointed by Peris‐Ortiz et al (2014: p. 2) that the main “individual characteristics that place entrepreneurial behaviour within the entrepreneurship function are related to the entrepreneur's natural tendency to be open to the environment and external challenges, willingness to take risks, cognitive abilities, and creativity.” These traits enhance an entrepreneur's ability to identify and discover opportunities as a fundamental aspect of entrepreneurship. Entrepreneurial action is comprised of a powerful mindset that can assist society to bounce back.…”

Section: Resiliencementioning

confidence: 99%

COVID‐19: Small and medium enterprises challenges and responses with creativity, innovation, and entrepreneurship

Thukral

2021

Strategic Change

153

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SMEs are significantly affected by COVID‐19 crisis as they overrepresent hardest‐hit sectors such as retail, hospitality, food services, entertainment services, and construction. The discovery and the spread of COVID‐19 in the absence of cure have led governments to take drastic measures, including the lockdown of large parts of society and social distancing resulting in behavioral changes. Some SMEs are responding to the crisis by applying creativity to problems to obtain opportunities. However, it is because of resilience that they can see an opportunity in chaos and survive uncertain times, but, to convert those opportunities to reality, some government interventions are needed to correct the negative effects of lockdown restrictions by revitalizing the entrepreneurial ecosystem.

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Entrepreneurship and Innovation in a Context of Crisis

Cited by 22 publications

References 15 publications

Humanize your business. The role of personal reputation in the sharing economy

Humanize your business. The role of personal reputation in the sharing economy

Entrepreneurial decisions in tourism and hospitality during crisis

COVID‐19: Small and medium enterprises challenges and responses with creativity, innovation, and entrepreneurship

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