ENTREPRENEURSHIP IN THE CORONAVIRUS ERA: HOW HAS THE COVID-19 CRISIS AFFECTED ENTREPRENEURSHIP?
DOI:
https://doi.org/10.46273/jobe.v9i2.209Keywords:
Coronavirus, COVID-19, entrepreneurship, challenges, Corona and educationAbstract
In Wuhan, China, and by the end of 2019 until the first half of 2020, the world experienced the proliferation and destruction of the new coronavirus discovery. Many infections and deaths caused by the virus, the collapse of the health care system, and the economic impact have few modern analogs. Many countries present a reaction to the pandemic; however, it arises when a heated debate ensues over which political system’s democracy versus authoritarianism is best suited to reply to the pandemic. As global efforts to contain the virus continue, this article aims to examine how the COVID-19 crisis has had many effects on the cultural lifestyle and social entrepreneurship of every country in the world. This current lack of integration between crisis management, entrepreneurship, and COVID-19 literature are the main points to be discussed. The summary of this analysis is consistently clear in the current literature through the connection of key notions within emergency management and entrepreneurship. Due to COVID-19, a dramatic effect has reached the global society. In fact, and academically speaking, this survey is among the first to study these consequences at different levels, including the cultural, social, and lifestyle entrepreneurship context. As a result, micro, macro, and meso environmental impacts deriving from the COVID-19 crisis can be better understood in the entrepreneurship literature area. At present, the impact of COVID-19 on entrepreneurship has not been studied. That is why this article tries to provide a broader and more comprehensive framework.
References
Ahsan, M. (2020). Entrepreneurship and ethics in the sharing economy: A critical perspective. Journal of Business Ethics, 161(1), 19-33.
Alon, I., Farrell, M., & Li, S. (2020). Regime Type and COVID-19 Response. FIIB Business Review, 2319714520928884.
Amabile, T. M. (1996). Creativity and innovation in organizations. Harvard Business School Background Note 396-239, January 1996.
Ansell, C. & Boin, A. (2019). Taming Deep Uncertainty: The Potential of Pragmatist Principles for Understanding and Improving Strategic Crisis Management. Administration & Society, 51(7), 1079-1112.
Ateljevic, I. & Doome, S. (2001). Nowehere left to run’: a study of value boundaries and segmentation within the backpacker market of New Zealand. In Mazanec, J. A., Crouch, G. I., Brent Richie, J. R., & Woodside, A. G. (Eds). Consumer Psychology of Tourism, Hospitality and Leisure (Vol. 2, pp. 169-186). CABI Publishing.
Buchanan, D. A. & Denyer, D. (2013). Researching Tomorrow’s Crisis: Methodological Innovations and Wider Implications. International Journal of Management Reviews, 15(2), 205-224.
Cortez, R. & Johnston, W. (2020). The Coronavirus Crisis in B2B Settings: Crisis Uniqueness and Managerial Implications Based on Social Exchange Theory. Industrial Marketing Management, 88, 125-135.
Dewhurst, P. & Horobin, H. (1998). Small Business Owners. In The Management of Small Tourism and Hospitality Firms, edited by R. Thomas, 19-38. London: Cassell.
Dimov, D. (2007). Beyond the Single-Person, Single-Insight Attribution in Understanding Entrepreneurial Opportunities. Entrepreneurship Theory and Practice 31(5), 713-731.
Doern, R. (2016). Entrepreneurship and Crisis Management: The Experiences of Small Businesses during the London 2011 Riots. International Small Business Journal: Researching Entrepreneurship, 34(3), 276-302.
Fadda, N. (2020). Entrepreneurial Behaviours and Managerial Approach of Lifestyle Entrepreneurs in Surf Tourism: An Exploratory Study. Journal of Sport & Tourism, 24(1), 53-77.
Gehman, J. & Soubliere, J. (2017). Cultural Entrepreneurship: From Making Culture to Cultural Making. Innovation, 19(1), 61-73.
Getz, D. & Petersen, T. (2005). Growth and Profit-Oriented Entrepreneurship among Family Business Owners in the Tourism and Hospitality Industry. International Journal of Hospitality Management, 24(2), 219-242.
Gosling, S., Scott, D. & Hall, C. (2020). Pandemics, tourism and global change: a rapid assessment of COVID-19. Journal of Sustainable Tourism, 29(1), 1-20.
He, H. & Harris, L. (2020).The Impact of COVID-19 Pandemic on Corporate Social Responsibility and Marketing Philosophy. Journal of Business Research, 116, 176-182.
Kirk, C. P. & Rifkin, L. S. (2020). I’ll Trade You Diamonds for Toilet Paper: Consumer Reacting, Coping and Adapting Behaviors in the COVID-19 Pandemic. Journal of Business Research, 117, 124-131.
Kraus, S., Clauss, T., Breier, M., Gast, J., Zardini, A., & Tiberius, V. (2020). The Economics of COVID-19: Initial Empirical Evidence on How Family Firms in Five European Countries Cope with the Corona Crisis. International Journal of Entrepreneurial Behavior & Research, 26(5), 1067-1092.
Kuckertz, A., Br€andle, L., Gaudig, A., Hinderer, S., Morales Reyes, C. A., Prochotta, A., Steinbrink, K. M., & Berger, E. S. C. (2020). Startups in Times of Crisis – A Rapid Response to the COVID-19 Pandemic. Journal of Business Venturing Insights, 13, e00169.
Lerner, D. A., Hunt, R. A., & Dimov, D. (2018). Action! Moving beyond the Intendedly-Rational Logics of Entrepreneurship. Journal of Business Venturing, 33(1), 52-69.
Leung, T., Sharma, P., Adithiyangkul, P., & Hosie, P. (2020). Gender equity and public health outcomes: the COVID-19 experience. Journal of Business Research, 116, 193-198.
Liguori, E. & Winkler, C. (2020). From Offline to Online: Challenges and Opportunities for Entrepreneurship Education following the COVID-19 Pandemic. Entrepreneurship Education and Pedagogy, 3(4), 346-351.
Liu, Y., Shankar, V., & Yun, W. (2017). Crisis Management Strategies and the Long-Term Effects of Product Recalls on Firm Value. Journal of Marketing, 81(5), 30-48.
Lounsbury, M. & Glynn, M. A. (2019). Cultural Entrepreneurship: A New Agenda for the Study of Entrepreneurial Processes and Possibilities. Cambridge: Cambridge University Press.
Martin, L. & Turner, P. (2010). Entrepreneurial universities- the key ingredient in the recipe for UK innovation? The International Journal of Entrepreneurship and Innovation, 11(4), 273-281.
McMullen, J. S. & Shepherd, D. A. (2006). Entrepreneurial Action and the Role of Uncertainty in the Theory of the Entrepreneur. Academy of Management Review, 31(1), 132-152.
Morrison, A. J., Andrew, R., & Baum, T. G. (2001). The Lifestyle Economics of Small Tourism Businesses. Journal of Travel and Tourism Research, 1(1-2), 16-25.
Mottiar, Z. (2007). Lifestyle Entrepreneurs and Spheres of Inter-Firm Relations. The International Journal of Entrepreneurship and Innovation, 8(1), 67-74.
Perrow, C. (1984). Complexity, Coupling and Catastrophe. In Normal Accidents: Living with High-Risk Technologies, 62-100. New York: Basic Books.
Ratten, V. (2017). Entrepreneurial universities: the role of communities, people and places. Journal of Enterprising Communities: People and Places in the Global Economy, 11(3), 310-315.
Rimmington, M., Morrisson, A., & Williams, C. (1999). Entrepreneurship in the Hospitality, Tourism and Leisure Industries. Oxford: Butterworth Heinemann.
Scott, S., Hughes, M. & Kraus, S. (2019). Developing relationships in innovation clusters. Entrepreneurship and Regional Development, 31(1/2), 22-45.
Shrivastava, P. (1993). Crisis Theory/Practice: Towards a Sustainable Future. Industrial & Environmental Crisis Quarterly, 7(1), 23-42.
Sun, X. & Xu, H. (2017). Lifestyle Tourism Entrepreneurs Mobility Motivations: A Case Study on Dali and Lijiang, China. Tourism Management Perspectives, 24, 64-71.
Wang, C. & Altinay, L. (2012). Social Embeddedness Entrepreneurial Orientation and Firm Growth in Ethnic Minority Small Businesses in the UK. International Small Business Journal: Researching Entrepreneurship, 30(1), 3-23.
Weick, K. E. & Sutcliffe, K. M. (2011). Managing the Unexpected: Resilient Performance in an Age of Uncertainty,Vol. 8. NJ: John Wiley & Sons.
Williams, T. A., Gruber, D. A., Sutcliffe, K. M., Shepherd, D. A., & Zhao, E. Y. (2017). Organizational Response to Adversity: Fusing Crisis Management and Resilience Research Streams. Academy of Management Annals, 11(2), 733-769.
World Health Organisation (2020). WHO, Coronavirus Disease (COVID-19) Outbreak. https:www.who.int/emergencies/diseases/novel-coronavirus-2019