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Entrepreneurial Resilience and Market Turbulence in SMEs: Perspectives From the COVID-19 Pandemic Context
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Author(s): Rodrigo Marques de Almeida Guerra (Federal University of Santa Maria, Brazil), Lídia Maria Begot Bento Cardoso (Federal University of Pará, Brazil), Nathalia Maciel Nogueira (Federal University of Pará, Brazil)and Marcelo Pamplona Carneiro (Federal University of Pará, Brazil)
Copyright: 2021
Pages: 21
Source title:
Using Strategy Analytics to Measure Corporate Performance and Business Value Creation
Source Author(s)/Editor(s): Sandeep Kumar Kautish (Lord Buddha Education Foundation, Nepal)
DOI: 10.4018/978-1-7998-7716-5.ch004
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Abstract
Entrepreneurial resilience is a recent topic and is widespread in scientific research, especially when associated with periods of instability and crises. This chapter aims to analyze the relationship between the variables open-mindedness (OM), entrepreneurial resilience (ER), market turbulence (MT), and overall performance (OP) in SMEs located in the legal amazon. Data collection coincided with the pandemic of COVID-19, with 384 SME managers participating. The sample was analyzed using structural equation modeling (SEM). The results suggest mediation of the variable ER on the relationship between OM and OP, and moderation of the variable MT on OM and ER. The research's originality is attested by the model's empirical relationships, research context, and adverse scenario provided by the COVID-19 expansion. The practical implications indicate that managers should pay more attention to the variables investigated through the creation of new skills and competencies necessary for entrepreneurial activity in periods of economic crisis and market turbulence.
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