Unfolding the relationship between resilient firms and the region

Billington, Mary Genevieve; Karlsen, James; Mathisen, Line; Pettersen, Inger Beate

doi:10.1080/09654313.2016.1276886

Cited by 23 publications

(14 citation statements)

References 26 publications

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“…When the headquarters locations are examined, further weight is added to the argument that companies not registered locally may not have the same attachment to a particular region. This reinforces findings of previous studies, such as by Billington et al (2017) and their observations on the importance of contextual resilience. The present study highlights the fact that when companies were in distress, those with strong local management and links were saved from closure.…”

Section: Discussionsupporting

confidence: 92%

“…However, this system and structure emphasis has resulted in much less attention being paid to understanding the role of human agency in the adaptation at the heart of this conceptualization of resilience (Bristow & Healy, 2014). Thus, whilst it is acknowledged that larger systems are driven by the interactions between the diverse range of agents and their environment, there has been relatively little analysis of regional resilience with a microlevel focus (Billington, Karlsen, Mathisen, & Pettersen, 2017). There is good reason to argue that understanding regional resilience, and thus any measure of it, implies an understanding of the resilience of individual firms and their specific capacities to cope with, adapt to and reconfigure their technological, network and organizational structures within a constantly evolving economic environment (Boschma, 2015;Swanstrom, 2008).…”

Section: Related Literaturementioning

confidence: 99%

“…There is much to be uncovered about the relationship between firm resilience and regional resilience, however, particularly in relation to whether and how indicators of changes in firm resilience may act as early warning signals for regional economies. In a recent contribution to this debate, Billington et al (2017) drew on the work of Lengnick-Hall, Beck, and Lengnick-Hall (2011) who see organizational resilience as having three components: behavioural, cognitive and contextual. 'Behavioural resilience' is the ability of a company to pursue differing and potentially counter-intuitive courses of action, characterized by internal routines of collaboration, flexibility and habits of continuous dialogue.…”

Section: Related Literaturementioning

confidence: 99%

“…As observed by Billington et al (2017), connections to a region through ownership, supply chains and labour requires investigation. The following sections analyse the stability of companies based on their RO location and patterns of behaviour when healthy companies are closed.…”

Section: Regional Embeddedness Of Companiesmentioning

confidence: 99%

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Measuring regional business resilience

et al. 2019

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The concept of regional resilience is explored by understanding the resilience of individual firms within both the region (and their capabilities to cope, adapt and reconfigure) and a constantly evolving economic environment. This study examines the utility of the QuiScore credit indicator (from the Financial Analysis Made Easy (FAME) database) to measure both firm and regional economic resilience. Using the Cardiff Capital Region in Wales, UK (for the period 2006-16) as a case study, the results indicate that the QuiScore is an effective indicator of the economic resilience of firms as well as an early warning indicator of economic stresses for a region.

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Section: Discussionsupporting

confidence: 92%

Section: Related Literaturementioning

confidence: 99%

Section: Related Literaturementioning

confidence: 99%

Section: Regional Embeddedness Of Companiesmentioning

confidence: 99%

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Measuring regional business resilience

et al. 2019

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“…Future studies on knowledge readiness could also investigate how knowledge readiness influences resilience. Resilience is linked to an increased ability to tackle a variety of challenges (Billington et al, 2017), and the relationship between resilience and knowledge readiness could therefore be an interesting avenue for future studies to explore. Research in rural areas is of particular importance because measures to enhance innovation and value creation in such areas often are based on findings with little contextual relevance.…”

Section: Conclusion Implications and Future Researchmentioning

confidence: 99%

The significance of knowledge readiness for co-creation in university industry collaborations

Mathisen

Jørgensen

2021

Innovation

Self Cite

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This study explores value co-creation in university industry collaborations. The study is inspired by the constructivist approach to grounded theory and self-ethnography and based on interviews with 27 informants (eleven industry mentors and 16 academics) engaged in university industry collaborations. The findings suggest that co-creation depends on knowledge readiness and knowledge readiness develops through an interplay between temporary geographical and cognitive proximity. This study contributes to the existing literature on value co-creation, university industry collaborations, and proximity as follows: first, we shed light on the use of the co-creation perspective to enhance understandings of how value can be co-created in university industry collaborations. Second, we introduce the concept of knowledge readiness and demonstrate that co-creation in university industry collaborations between academics and industry mentors rests on knowledge readiness. Knowledge readiness concerns knowledge use and develops in the interplay between temporary geographical and cognitive proximity. We describe knowledge readiness as a subdimension of cognitive proximity. Knowledge readiness takes time to develop and is important for value co-creation and, subsequently, innovation in university industry collaborations.

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Mastering the interplay of organizational resilience and sustainability: Insights from a hybrid literature review

Ciasullo,

Chiarini,

Palumbo

2023

Bus Strat Env

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Organizational resilience enables the firm to thrive in an increasingly turbulent environment, paving the way for sustainability. Although the implications of organizational resilience on sustainability have been widely discussed in the literature, scholarly knowledge examining the interplay between these two phenomena is fragmented. The article addresses this gap through a hybrid domain‐based literature review falling at the intersection of organizational resilience and sustainability. Drawing on a knowledge core of 51 scientific contributions, we identified four research streams established on five conceptual foundations. The study findings guide us toward an eco‐social interpretation of organizational resilience, whose implications on the firm's viability should be assessed by acknowledging spillovers on environmental sustainability. Management actions to build organizational resilience should follow an ecosystem sustainability orientation. This involves embedding the firm in the eco‐social setting in which it operates, emphasizing its homeostatic exchanges with the environment.

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Unfolding the relationship between resilient firms and the region

Cited by 23 publications

References 26 publications

Measuring regional business resilience

Measuring regional business resilience

The significance of knowledge readiness for co-creation in university industry collaborations

Mastering the interplay of organizational resilience and sustainability: Insights from a hybrid literature review

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