Please use this identifier to cite or link to this item:
http://irepo.futminna.edu.ng:8080/jspui/handle/123456789/31278| Title: | ENTREPRENEURIAL RESILIENCE IN DIGITAL ECONOMIES DURING CRISES |
| Other Titles: | CHAPTER 2 |
| Authors: | DAUDA, Abdulwaheed |
| Keywords: | Entrepreneurial resilience Adaptive Capacity Financial Meltdowns Cyber Disruptions Ecosystem Reconfiguration Mitigating Digital Vulnerabilities |
| Issue Date: | 3-Aug-2025 |
| Publisher: | © Halic Academic Publishers |
| Abstract: | Entrepreneurship has always been shaped by turbulence. Crises whether economic recessions, public health emergencies, political instability, or environmental disruptions regularly destabilize markets and reconfigure the landscape of opportunity. These shocks impose severe constraints on enterprises, particularly start-ups and small businesses that typically operate with limited buffers. Supply chains collapse, consumer demand fluctuates unpredictably, financing dries up, and entire industries can be rendered obsolete almost overnight. Such disruptions expose the vulnerability of entrepreneurial ventures while simultaneously revealing their latent capacity for reinvention. In this volatile context, the digital economy has emerged as both a disruptor and an enabler. On the one hand, digital technologies exacerbate competitive pressures, compress product life cycles, and accelerate the pace at which entrepreneurs must adapt. On the other, they provide powerful tools for resilience: platforms that connect businesses to customers beyond geographic limits, fintech solutions that keep commerce flowing despite physical restrictions, and data-driven insights that help firms pivot rapidly in response to shifting market conditions. The pandemic years provided the starkest illustration of this duality: while digital dependence deepened inequalities for the digitally excluded, it also became the lifeline through which millions of businesses, from informal traders to global giants, survived systemic shock. Against this backdrop, the concept of entrepreneurial resilience has become more than a buzzword; it is a strategic imperative. Resilience in the digital economy is not simply about survival but about the capacity to adapt, reorganize, and exploit disruption as a catalyst for innovation. It determines whether an enterprise collapses under pressure or emerges stronger, often transformed, with new business models and competitive advantages. Understanding resilience in this domain is therefore crucial not only for entrepreneurs navigating hostile environments but also for policymakers, investors, and ecosystem actors tasked with building sustainable economic systems. This study situates entrepreneurial resilience within the realities of the digital economy, examining how ventures leverage digital infrastructures to absorb shocks, pivot operations and reconfigure value creation. |
| Description: | Review |
| URI: | http://irepo.futminna.edu.ng:8080/jspui/handle/123456789/31278 |
| Appears in Collections: | Entrepreneurship and Business Studies |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| Book_Cht 2 Entrepreneurial Resilience in Digital Eco during Crises by Dr Dauda.pdf | 559.78 kB | Adobe PDF | View/Open |
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.