Entrepreneurial responses to crisis
Journal
Strategic Entrepreneurship Journal
Subject
Strategy and Entrepreneurship
Publishing details
Authors / Editors
Dushnitsky G;Graebner M;Zott C
Biographies
Publication Year
2020
Abstract
What is a crisis? According to Merriam-Webster's dictionary (n.d.), the concept refers to “an unstable or crucial time in which a decisive change is impending, especially with the distinct possibility of a highly undesirable outcome.” The COVID-19 pandemic that is sweeping across the globe certainly qualifies as a crisis, even a mega one. It has already caused vast economic and social instability, sent shock waves through national health systems and global supply chains, and upended people's lives abruptly and in unprecedented ways, causing hardship and misery. As we are writing this article, more than 1 million people have already lost their lives to the pandemic, and countless others have suffered its dire consequences.
Available on ECCH
No
