Entrepreneurial Resilience in Times of Crisis: A Study of Business Adaptation and Innovation
Keywords:
Business Adaptation, Crisis, Entrepreneurial Resilience, Innovation, ResilienceAbstract
Entrepreneurial resilience has become a critical factor in navigating global crises that destabilize economic systems. This study investigates the adaptive and innovative strategies employed by entrepreneurs to maintain business continuity during times of crisis. Utilizing a systematic literature review approach, the article analyzes 11 international journal. The findings highlight that entrepreneurial resilience involves the ability to adjust business models, implement digital innovation, and develop dynamic capabilities to effectively respond to environmental disruptions. The simultaneous execution of both short-term adjustments and long-term strategic planning emerges as a key determinant of business sustainability. This study contributes to the growing body of knowledge on how the integration of innovation and operational flexibility can strengthen the resilience of entrepreneurs facing complex crises. The implications are relevant for practitioners, policymakers, and academics seeking to formulate strategies for sustainable entrepreneurial development in volatile environments. Ultimately, the research provides theoretical and practical insights into building entrepreneurial resilience through responsive innovation and adaptive transformation.