COVID-19 and the importance of space in entrepreneurship research and policy

Korsgaard, Steffen; Hunt, Richard A.; Townsend, David M.; Ingstrup, Mads Bruun

doi:10.1177/0266242620963942

Cited by 77 publications

(68 citation statements)

References 67 publications

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“…Moreover, some studies discuss the role of entrepreneurship in rebuilding local economies in order to become more resilient (Korsgaard et al, 2020).…”

Section: Practical Implicationmentioning

confidence: 99%

Influence of the entrepreneur's capacity in business performance

et al. 2021

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The article presents a theoretical model of the entrepreneur's capacities and their influence on business performance. Starting from the traditional theory of dynamic capacities, those related to entrepreneurship and/or that influence the entrepreneur's capacities are identified, determining factors such as training, experience and confidence. In addition, other factors such as the environmental and institutional environment have been taken into account as they affect the entrepreneurship. For this purpose, a study was carried out with the Smart PLS software in a sample of companies in the tourism sector in the Mar Menor Region (Spain). An essential factor in the development of entrepreneurship in the region is the sustainability of the coastal lagoon. Some considerations are obtained from the study of the factors that determine the model of capacities, in which the confidence of the entrepreneur and the environmental sustainability, exert a positive and significant influence in the business performance. Furthermore, among the mentioned capacities of the entrepreneurial influence, experience and trust are the ones that most influence the success of the tourism business.

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“…Moreover, some studies discuss the role of entrepreneurship in rebuilding local economies in order to become more resilient (Korsgaard et al, 2020).…”

Section: Practical Implicationmentioning

confidence: 99%

Influence of the entrepreneur's capacity in business performance

et al. 2021

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“…Teams combine competencies, resources and experience, all potentially useful in increasing the probability of success even in light of rising uncertainty. Over the COVID-19 crisis, ‘local entrepreneurs and communities have come together in mutual support’ (Korsgaard et al, 2020: 2) to reap the potentially positive effects from teams. Such positive effects result not only from higher levels of various resources single team members contribute but also from social ties within the team.…”

Section: Covid-19 Uncertainty and Entrepreneurial Team Compositionmentioning

confidence: 99%

Standing up against crisis-induced entrepreneurial uncertainty: Fewer teams, more habitual entrepreneurs

Kuckertz

2021

International Small Business Journal: Researching Entrepreneurs

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The global spread of coronavirus disease 2019 (COVID-19) caused by the novel coronavirus SARS-CoV-2 (severe acute respiratory syndrome coronavirus–2) has led to drastic infection control measures that have dramatically affected societies and economies worldwide. Against this background, it is the purpose of this commentary to illustrate how innovative entrepreneurial activity in particular has been affected by the rising uncertainty caused by the first COVID-19 wave. By comparing innovative North American and European startups established pre-crisis and during the first wave of the pandemic, this commentary suggests that startups founded in the crisis are characterised less by entrepreneurial teams and more by habitual entrepreneurs. Interestingly, women’s entrepreneurial activity seems not to have been affected by the crisis when measured as the proportion of women founders involved in innovative startups pre-crisis and during crisis. The commentary thus, illustrates what particular type of entrepreneur persists during uncertainty and allows us to draw conclusions for policy-making and further research on the interface of entrepreneurship, crisis and uncertainty.

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“…This has been brought into sharp relief during the Covid-19 pandemic which has unfolded unevenly across different socio-economic groups, geographical areas and localities across the UK (Dorling, 2020). This aspatial focus has undoubtedly hindered our understanding of how different localities are affected by crisis situations and how entrepreneurial resilience levels vary across different spatial locations and local communities (Korsgaard et al, 2020; Roundy et al, 2017). This article seeks to counter this tendency by specifically examining the geographical impact of the Covid-19 pandemic on firms in different cities across the UK.…”

Section: Introductionmentioning

confidence: 99%

The geographical impact of the Covid-19 crisis on precautionary savings, firm survival and jobs: Evidence from the United Kingdom’s 100 largest towns and cities

Brown

Cowling

2021

International Small Business Journal: Researching Entrepreneurs

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In this commentary, we trace the economic and spatial consequences of the Covid-19 pandemic in terms of potential business failure and the associated job losses across the 100 largest cities and towns in the United Kingdom (UK). The article draws on UK survey data of 1500 firms of different size classes examining levels of firm-level precautionary savings. On business failure risk, we find a clear and unequal impact on poorer northern and peripheral urban areas of the UK, indicative of weak levels of regional resilience, but a more random distribution in terms of job losses. Micro firms and the largest firms are the greatest drivers of aggregate job losses. We argue that spatially blind enterprise policies are insufficient to tackle the crisis and better targeted regional policies will be paramount in the future to help mitigate the scarring effects of the Covid-19 pandemic in terms of firm failures and the attendant job losses. We conclude that Covid-19 has made the stated intention of the current government’s ambition to ‘level up’ the forgotten and left-behind towns and cities of the UK an even more distant policy objective than prior to the crisis.

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COVID-19 and the importance of space in entrepreneurship research and policy

Cited by 77 publications

References 67 publications

Influence of the entrepreneur's capacity in business performance

Influence of the entrepreneur's capacity in business performance

Standing up against crisis-induced entrepreneurial uncertainty: Fewer teams, more habitual entrepreneurs

The geographical impact of the Covid-19 crisis on precautionary savings, firm survival and jobs: Evidence from the United Kingdom’s 100 largest towns and cities

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