Resilience of New Space Firms in the United Kingdom During the Early Stages of COVID-19 Crisis: The Case for Strategic Agility

Vidmar, Matjaž; Rosiello, Alessandro; Golra, Owais Anwar

doi:10.1089/space.2020.0057

Cited by 13 publications

(10 citation statements)

References 38 publications

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“…The results also indicate that SME’s survival strategy during COVID-19 results from the interactions of multiple conditions; and establish causal symmetry, which refers that all five antecedents significantly influence SME’s survival strategy during COVID-19 that characterised the relationship amongst the antecedents of SME’s survival strategy during COVID-19. This finding also supports that among all antecedents, SME’s business agility and innovation capability strongly influence to SME’s survival strategy during COVID-19, which also further supports previous research findings (Gerald et al , 2020; Vidmar et al , 2020; Utomo, 2020; Wanasida et al , 2021).…”

Section: Discussionsupporting

confidence: 90%

Survival strategies of SMEs amidst the COVID-19 pandemic: application of SEM and fsQCA

Rahman

Fattah

Bag³

et al. 2022

JBIM

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Purpose As a global pandemic, the COVID-19 crisis has profoundly affected the development of local firms, threatening the survival of small and medium enterprises (SMEs). This study aims to present an integrated framework by investigating the impact of strategic tools (i.e. firms’ capability of business agility, marketing operational efficiency, optimisation of innovation capability [OIC], managing employees’ satisfaction and rethinking customers’ experience) on the survival strategies of SMEs amidst the COVID-19 pandemic. Design/methodology/approach The current study used data from managers of SMEs and conducted an asymmetrical analysis (i.e. structural equation modelling [SEM]) to investigate the factors influencing the survival strategies of SMEs amidst the COVID-19 pandemic. This study also applied an asymmetrical approach (i.e. fuzzy sets qualitative comparative analysis-fsQCA) to explore the causal recipes and analysis of the necessary conditions to identify the factors required to achieve the expected outcome. Findings Results from SEM support all hypotheses. Results from fsQCA with the same data set show that firms’ business agility and OIC are necessary conditions for SMEs’ survival strategies. The result from fsQCA also reveals multiple sufficient conditions to succeed SMEs’ survival strategies amidst the COVID-19 pandemic. Practical implications Findings prescribe how SMEs adapt to this vulnerable business condition by applying the strategic tools and recipes suggested for survival. Originality/value This research applied an innovative analysis to reveal necessary and sufficient conditions that conventional methods such as SEM have limited power. This pioneering research in the context of the COVID-19 pandemic is considered novel in terms of the prescriptive strategic recipes offered to SMEs to adapt to and survive in the crisis caused by COVID-19.

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Section: Discussionsupporting

confidence: 90%

Survival strategies of SMEs amidst the COVID-19 pandemic: application of SEM and fsQCA

Rahman

Fattah

Bag³

et al. 2022

JBIM

View full text Add to dashboard Cite

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“…Customers and partners should also make part of the business development/innovation process, which is based on experimentation. The idea of experimentation for innovation is not new, but the idea to opt for multiple small experiments to develop strategic agility or resilience is [81]. In our context, such a way of approaching innovation has two major advantages: it prepares a variety of options in advance, while limiting the risk of "big" failure [82].…”

Section: Building the Strategically Resilient-agile Organization A Kementioning

confidence: 99%

Thriving, Not Just Surviving in Changing Times: How Sustainability, Agility and Digitalization Intertwine with Organizational Resilience

et al. 2021

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Nowadays, the buzzwords for organizations to be prepared for the competitive environment’s challenges are sustainability, digitalization, resilience and agility. However, despite the fact that these concepts have come into common use at the level of both scholars and practitioners, the nature of the relation between sustainability and resilience has not yet been sufficiently clarified. Above all, there is still no evidence of what factors determine greater resilience to change in an organization that also wants to be more sustainable, especially in times of crisis and discontinuity. This research aims to explore from a theoretical point of view, through the construction of a conceptual model, how these dimensions interact to help the business to become strategically resilient by leveraging digitization and agility as enablers. A new view of resilience arises from the study, which goes beyond the well-known ability to absorb or adapt to adversity, to also include a strategic attribute that could help companies capture change-related opportunities to design new ways of doing business under stress. A key set of strategically agile processes, enabled by digitalization, creates strategic resilience that also includes a proactive, opportunity-focused attitude in the face of change. Strategic resilience to lead to organizational sustainability must be understood as a multi-domain concept quite similar to the holistic view of sustainability: environment, economy and society. Finally, the research offers a set of propositions and a theoretical framework that can be empirically validated.

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“…As accurate PNT is a key requirement for a variety of markets and industries, upstream and downstream firms are currently launched or planned, such as Satelles, Future Navigation, and Xona Space Systems [209]. The upstream market in the new space industry is typically considered to include hardware manufacturing firms, whereas the downstream segment typically includes data analytic service providers [210]. Based on these two segments, the overall GNSS market is rapidly evolving.…”

Section: Commercial Perspectivesmentioning

confidence: 99%

Position, Navigation, and Timing (PNT) Through Low Earth Orbit (LEO) Satellites: A Survey on Current Status, Challenges, and Opportunities

et al. 2022

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More and more satellites are populating the sky nowadays in the Low Earth orbits (LEO). Most of the targeted applications are related to broadband and narrowband communications, Earth observation, synthetic aperture radar, and internet-of-Things (IoT) connectivity. In addition to these targeted applications, there is yet-to-be-harnessed potential for LEO and positioning, navigation, and timing (PNT) systems, or what is nowadays referred to as LEO-PNT. No commercial LEO-PNT solutions currently exist and there is no unified research on LEO-PNT concepts. Our survey aims to fill the gaps in knowledge regarding what a LEO-PNT system entails, its technical design steps and challenges, what physical layer parameters are viable solutions, what tools can be used for a LEO-PNT design (e.g., optimisation steps, hardware and software simulators, etc.), the existing models of wireless channels for satellite-toground and ground-to-satellite propagation, and the commercial prospects of a future LEO-PNT system. A comprehensive and multidisciplinary survey is provided by a team of authors with complementary expertise in wireless communications, signal processing, navigation and tracking, physics, machine learning, Earth observation, remote sensing, digital economy, and business models.

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Resilience of New Space Firms in the United Kingdom During the Early Stages of COVID-19 Crisis: The Case for Strategic Agility

Cited by 13 publications

References 38 publications

Survival strategies of SMEs amidst the COVID-19 pandemic: application of SEM and fsQCA

Survival strategies of SMEs amidst the COVID-19 pandemic: application of SEM and fsQCA

Thriving, Not Just Surviving in Changing Times: How Sustainability, Agility and Digitalization Intertwine with Organizational Resilience

Position, Navigation, and Timing (PNT) Through Low Earth Orbit (LEO) Satellites: A Survey on Current Status, Challenges, and Opportunities

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