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Journal ArticleDOI

Small Business in the Face of Crisis: Identifying Barriers to Recovery from a Natural Disaster1

TLDR
In this paper, the authors take a qualitative approach to consider how small businesses respond to and recover from a large disaster, by interviewing stakeholders in five different communities in the Gulf Coast of the United States.
Abstract
The crisis management literature has not dealt in depth with small business response to disasters. This study takes a qualitative approach to consider how small businesses respond to and recover from a large disaster, by interviewing stakeholders in five different communities in the Gulf Coast of the United States. Events that are considered to be crises in nature are usually characterized by high consequence, low probability, ambiguity, and decision making time pressure. Hurricane Katrina and its aftermath caused small business owners in the U.S. Gulf region to experience each of these. Findings include lack of planning by small business; vulnerability to cash flow interruption; lack of access to capital for recovery; problems caused by federal assistance; and serious infrastructure problems impeding recovery.

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Citations
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Journal ArticleDOI

Startups in times of crisis – A rapid response to the COVID-19 pandemic

TL;DR: In this article, the authors present a rapid response research that combines a qualitative research design informed by entrepreneurial ecosystem actors with an analysis of policy measures called for, announced, and reportedly implemented in the international press.
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Community intelligence and social media services: a rumor theoretic analysis of tweets during social crises

TL;DR: Analysis of citizen-driven information processing through Twitter services using data from three social crises reveals that information with no clear source provided was the most important, personal involvement next in importance, and anxiety the least yet still important rumor causing factor on Twitter under social crisis situations.
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The economics of COVID-19: initial empirical evidence on how family firms in five European countries cope with the corona crisis

TL;DR: In this paper, the authors conducted an empirical study on the effects of the COVID-19 crisis on family firms and found that companies are applying measures that can be assigned to three different strategies to adapt to the crisis in the short term and emerge from it stronger in the long run.
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Facilitated Process for Improving Organizational Resilience

TL;DR: In this paper, a facilitated process is introduced that assists organizations to enhance their performance in relation to resilience attributes, such as situation awareness, management of keystone vulnerabilities, and adaptive capacity.
Journal ArticleDOI

Special issue on entrepreneurship and crises: business as usual? An introduction and review of the literature

TL;DR: The authors reviewed the literature on entrepreneurship and crises, capturing where we have been and where we are now, and began to discuss where we might go next, focusing on how we have co-...
References
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Book

Interpreting Qualitative Data : Methods for Analysing Talk, Text and Interaction

TL;DR: This book has been substantially rewritten with the aim of greater clarity and a considerably expanded treatment of discourse analysis are provided in the new edition as discussed by the authors, which takes account of the growing interest in qualitative research outside sociology and anthropology from psychology to information systems, health promotion, management and many other disciplines.
Journal ArticleDOI

Reframing Crisis Management

TL;DR: In this article, a multidisciplinary approach to crisis management research, using psychological, social-political, and technological-structural research perspectives, is presented, and a framework for the integration of these perspectives is proposed.
Journal ArticleDOI

Differentiating Entrepreneurs from Small Business Owners: A Conceptualization

TL;DR: In this paper, a conceptual framework is established for the differentiation of entrepreneurs from small business owners, using the 1934 work of Schumpeter and recognizing the additions to the field of current writers.
Journal ArticleDOI

The Organizational and Interorganizational Development of Disasters

TL;DR: In this article, the authors examined and classified public inquiries into behavior connected with three major disasters to study the conditions under which large-scale intelligence failures develop, including rigidities in institutional beliefs, distracting decoy phenomena, neglect of outside complaints, multiple information-handling difficulties, exacerbation of the hazards by strangers, failure to comply with regulations, and a tendency to minimize emergent danger.
Book

Crisis Management: Planning for the Inevitable

Steven Fink
TL;DR: In this paper, the authors look at the way businesses have handled various crises, explain how to predict the development of problems, and how to set up crisis management guidelines, and present a set of guidelines for crisis management.
Related Papers (5)
Trending Questions (1)
What are some of the most common crises that small businesses face?

Some common crises that small businesses face include lack of planning, cash flow interruption, lack of access to capital, problems with federal assistance, and infrastructure issues.