Entrepreneurial Resourcefulness Throughout Crisis

By following 17 entrepreneurial ventures throughout the COVID-19 pandemic, we show how entrepreneurial ventures can resourcefully mobilize resources throughout crisis—when resource constraints and opportunities for resource mobilization shift erratically. In a period marked by significant resource constraints, a temporary field emerged, centered around societal consequences of the crisis and temporarily offered opportunities for resource mobilization. We identified two types of resourcefulness, both of which were successful immediately after the crisis struck. Surprisingly, only leveraging the temporary field enabled resource mobilization throughout the crisis and fostered venture survival, while, despite initial successes, absorbing the temporary field did not.

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Publication Details

Journal
Entrepreneurship Theory and Practice
Published
2024-09-02
DOI
https://doi.org/10.1177/10422587241269067
Citations
12
Primary Topic
Entrepreneurship Studies and Influences
Type
article
Field-Weighted Citation Impact
8.77
Controls
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article

Entrepreneurial Resourcefulness Throughout Crisis

Katharina Scheidgen, Simon L. Schmidt, Franziska Günzel-Jensen
12 citations
Entrepreneurship Theory and Practice
Entrepreneurship Studies and Influences
8.77
article

Entrepreneurial Resourcefulness Throughout Crisis

Katharina Scheidgen, Simon L. Schmidt, Franziska Günzel-Jensen
article en
12 citations

Abstract

By following 17 entrepreneurial ventures throughout the COVID-19 pandemic, we show how entrepreneurial ventures can resourcefully mobilize resources throughout crisis—when resource constraints and opportunities for resource mobilization shift erratically. In a period marked by significant resource constraints, a temporary field emerged, centered around societal consequences of the crisis and temporarily offered opportunities for resource mobilization. We identified two types of resourcefulness, both of which were successful immediately after the crisis struck. Surprisingly, only leveraging the temporary field enabled resource mobilization throughout the crisis and fostered venture survival, while, despite initial successes, absorbing the temporary field did not.

Entrepreneurship Theory and PracticeVol. 49(2)
Aarhus University (DK), Institute for Small Business Economics (DE)
Decent work and economic growth
Openalex Percentile: Top 3%
Entrepreneurship Studies and Influences
8.77
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