No pain, yet gain?: Learning from vicarious crises in an international context

Min, Jungwon

doi:10.1016/j.jbusres.2018.05.009

Cited by 11 publications

(9 citation statements)

References 50 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Although there is an ongoing debate about specific conditions surrounding crisis learning (Deverell, 2009; Sellnow and Seeger, 2021) organizations typically engage with knowledge acquisition through a variety of post-crisis processes (Min, 2019; Russ, 2012; Wang, 2008). Huber (1991) identifies five processes through which organizations acquire knowledge.…”

Section: Learning Processesmentioning

confidence: 99%

“…Vicarious learning, the process of learning through observing others, (Min, 2019; Russ, 2012) may be less challenging than experiential learning. It is interest-driven, selective learning allowing similar organizations to gain knowledge of others' failures and successes without actually experiencing the event (Nathan and Kovoor-Misra, 2002).…”

Section: Learning Processesmentioning

confidence: 99%

See 1 more Smart Citation

Crisis communication and learning: the US higher education’s response to a global pandemic

Islam

Edwards

Shi

et al. 2022

TLO

View full text Add to dashboard Cite

Purpose This study investigates the processes that the US universities and colleges used to learn during the COVID-19 pandemic and the factors that facilitated and impeded their learning processes. Design/methodology/approach To address this study’s research questions, this study used a crisis communication and learning lens to interview crisis response team members from 30 US higher education institutions in May 2020 (the first pandemic semester). In October 2020 (the second pandemic semester), this study conducted follow-up interviews with 25 of the original interviewees. Overall, this study conducted 55 interviews. Findings Learning during the COVID-19 pandemic is facilitated by a recognition of a serious deficiency in the current system and impeded by the need to act quickly. The findings demonstrate the process by which decisions, actions and strategies emerged during crises. Originality/value This investigation illustrates how crises can prompt organizational learning while demonstrating the critical role of internal and external resources in the learning process.

show abstract

Section: Learning Processesmentioning

confidence: 99%

Section: Learning Processesmentioning

confidence: 99%

Crisis communication and learning: the US higher education’s response to a global pandemic

Islam

Edwards

Shi

et al. 2022

TLO

View full text Add to dashboard Cite

show abstract

“…As noted earlier, prior studies investigated the impacts of crisis events (Dinner et al, 2019;Min, 2019), but little attention has been paid to the firms' response attitudes in resolving these events. The that the initial press announcement may not provide sufficient information to investors because these events are unexpected and investors are unable to accurately gauge the response to them .…”

Section: The Buffering Effect Of Corporate Response Attitude On Stock...mentioning

confidence: 99%

Sudden crisis events and firms' stock price fluctuations: A multidimensional heterogeneity perspective

Tian,

Wang,

Xie

et al. 2024

Contingencies & Crisis Mgmt

View full text Add to dashboard Cite

This study takes listed companies that have experienced sudden crisis events as samples. The event study method and multiple regression analysis are further adopted to explore the relationship between sudden crisis events and the stock price fluctuations of listed companies from the perspective of multidimensional characteristics. Findings reveal that sudden crisis events have a significant impact on stock price fluctuations. However, the firms' response frequency and response time to crisis events can exert a buffering role in their adverse association. Further analysis shows that the stock price fluctuations also vary with different heterogeneous characteristics including crisis event types, ownership types, firm competitiveness and firm size. The multidimensional analysis targeting the impact of sudden crisis events on the stock market is conducive to helping firms grasp the rhythm of crisis events and further implement some practical and feasible crisis management measures.

show abstract

“…modifying or terminating unsatisfactory relationships) based on ISA performance, which makes them more resilient to external shocks (Xia and Dimov, 2019). Moreover, contract changes can allow ESMEs with little power in alliances to safeguard immediate resources and access needed knowledge to insulate ESMEs from external shocks (Hoang and Rothaermel, 2016; Min, 2019). However, despite the potential gains of strategic flexibility of ISAs, this remained unclear to what extent such strategic flexibility can lead to export performance of ESMEs during external crises (Monaghan et al ., 2020; Zahra, 2021).…”

Section: Conceptual Backgroundmentioning

confidence: 99%

Enhancing international marketing capability and export performance of emerging market SMEs in crises: strategic flexibility and digital technologies

Zahoor

Lew

2023

IMR

View full text Add to dashboard Cite

PurposeThis study investigates to what extent strategic flexibility of international strategic alliances (ISAs) affects export performance of emerging market small and medium-sized enterprises (ESMEs) via international marketing capability in crises. It also examines whether these ESMEs’ adoption of digital technology strengthens the impact of strategic flexibility of ISAs on international marketing capability.Design/methodology/approachBased on the international alliance and dynamic capability perspectives on strategic flexibility, the authors develop a conceptual model and empirically examine the mediation and moderation effects between strategic flexibility of ISAs, international marketing capability, export performance and adoption of digital technology. The authors collected survey data from 129 ESMEs located in Pakistan between May 2021 and August 2021 and tested the conceptual model with hierarchical-moderated regression analysis.FindingsThe findings suggest that strategic flexibility of ISAs positively impacts on export performance of ESMEs in crises. Moreover, the authors found that international marketing significantly mediates the relationship between strategic flexibility of ISAs and export performance of ESMEs. Also, the adoption of digital technologies significantly moderates the relationship between strategic flexibility of ISAs positively and international marketing capability.Originality/valueThe authors take strategic flexibility of ISAs in the context of the emerging market and how ESMEs enhance export performance in a time of crisis, which extends the prior ESMEs’ international marketing strategy and crisis management literature. In particular, the authors show that strategic flexibility of ISAs is a vital dynamic capability to enhance export performance of ESMEs via international marketing capability and adoption of digital technologies.

show abstract

No pain, yet gain?: Learning from vicarious crises in an international context

Cited by 11 publications

References 50 publications

Crisis communication and learning: the US higher education’s response to a global pandemic

Crisis communication and learning: the US higher education’s response to a global pandemic

Sudden crisis events and firms' stock price fluctuations: A multidimensional heterogeneity perspective

Enhancing international marketing capability and export performance of emerging market SMEs in crises: strategic flexibility and digital technologies

Contact Info

Product

Resources

About