Ardianti, R.R. Retno (2024) The interrelationship of community resilience and business resilience. A qualitative study on the role of community for small business survival. In: Petra International Conference of Sustainable Cities and Regions (PICSCAR) 2024, 06-06-2024 - 06-06-2024, Surabaya - Indonesia.
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Abstract
Our study highlights the interrelationship between community resilience and business resilience. This study showed that when community members were able to recover from the health risks of pandemic, small businesses were also able to recover by continuing their operations that once were disrupted. The surviving businesses also benefit the local community with valuable offerings to enjoy and by providing jobs for the locals. Our findings thus may inform policy makers on the importance of contextual factor for economic recovery program following an adverse event. Government sponsored new venture creations initiatives should be aimed at exploiting local opportunities by fulfilling local demands of products and services while at the same time empowering local entrepreneurs. This is to increase the chance of survival of small ventures as the continuity of small businesses rely on their communities. This message is important amidst the higher preference of government and venture capitalists to support new ventures creation initiatives that display the potential for a fast growth by utilizing high technology and targeting wide geographical area of market. Although this type of venturing is important, however, the economic impact of local small venturing for community is also evident, thus should not be overlooked.
| Item Type: | Conference or Workshop Item (Paper) |
|---|---|
| Additional Information: | File terlalu besar, dikompres pun tidak menolong. Link menuju file: https://drive.google.com/file/d/166V-coTaKhomI9qmAN6NiAE8dGQRcklt/view?usp=drive_link |
| Uncontrolled Keywords: | community resilience, business resilience, business survival |
| Subjects: | H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management |
| Divisions: | Faculty of Economic > Business Management Program |
| Depositing User: | Admin |
| Date Deposited: | 28 Aug 2024 22:22 |
| Last Modified: | 16 Oct 2024 14:56 |
| URI: | https://repository.petra.ac.id/id/eprint/21204 |
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