The DOI matches its Crossref record; 96 of the 96 references it cites were found in a registry or an index.
Rethinking organizational resilience and strategic renewal in SMEs
Abstract
Building on work that associates organizational resilience with crisis recovery and strategic renewal, I examine how small- and medium-sized enterprises (SMEs) vary in the formalisation of activities intended to achieve strategic growth and activities to enhance resilience against acute operational interruptions. Drawing on data from 265 SMEs in the United Kingdom, the main argument of this paper is that variations in formalisation activities reflect differences in firm location, personal networks, the influence of external crisis events, and entrepreneurs’ attitudes towards the prevention of crises. The resulting typology identifies four clusters: Attentive Interventionists, Light Planners, Rooted Strategists and Reliant Neighbours. These findings contrast with prior theorizations of firms as either resilient or vulnerable and further illuminate our understanding of SME resilience and how this is shaped by historical, developmental and strategic factors. The study further develops associations between resilience and social capital, examines how locational choices generate a proximity premium, and develops a growth-survival-maturity perspective on SME resilience. Data reveals an interplay between an ensemble of entrepreneurial activities and decisions about planning, networks, learning, and location. Thus, the study offers a rethinking of prior theorizations about organizational resilience and strategic renewal.
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Cited by
Khurana, I., Dutta, D. K., & Singh Ghura, A. (2022) · Journal of Business Research · doi:10.1016/j.jbusres.2022.06.048 · Cited by 443
COVID-19, aftermath, impacts, and hospitality firms: An international perspective
Duarte Alonso, A., Kok, S. K., Bressan, A., O’Shea, M., Sakellarios, N., Koresis, A., Buitrago Solis, M. A., & Santoni, L. J. (2020) · International Journal of Hospitality Management · doi:10.1016/j.ijhm.2020.102654 · Cited by 355
Miceli, A., Hagen, B., Riccardi, M. P., Sotti, F., & Settembre-Blundo, D. (2021) · Sustainability · doi:10.3390/su13042052 · Cited by 319
Effect of CSR implementation and crisis events in business on the financial management of SMEs
Dvorský, J., Švihlíková, I., Kozubíková, Ľ., Frajtova Michalíková, K., & Balcerzak, A. P. (2023) · Technological and Economic Development of Economy · doi:10.3846/tede.2023.19821 · Cited by 34
Vuletić, A. (2026) · Croatian Regional Development Journal · doi:10.2478/crdj-2026-0005
Metadata
- Authors
- Herbane, B.
- Venue
- Entrepreneurship & Regional Development
- Publisher
- Informa UK Limited
- Published
- 2018-11-16
- Volume
- 31
- Issue
- 5-6
- Pages
- 476-495
- ISSN
- 0898-5626 (ISSN-L)
- 1464-5114
- OpenAlex
- W2891866915
- Cited by
- 375
- References
- 96
- FWCI
- 22.81
- Type
- journal article
- Language
- en
- Open access
- closed
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Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
