The impact of global economic crisis on SMEs: Does entrepreneurial orientation matter?

By Juha Soininen, Kaisu Puumalainen, Helena Sjögrén, Pasi Syrjä. 2012

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Expect the unexpected: examining the shaping role of entrepreneurial orientation on causal and effectual decision-making logic during economic crisis (2018, background): “Recent studies show that emphasizing these types of entrepreneurial activities and introducing new products, particularly during a recession, can be an effective strategy for managing new challenges presented by crisis (Beliaeva et al. 2018; Pearce andMichael 2006; Soininen et al. 2012).”
Economic resilience in Great Britain: the crisis impact and its determining factors for local authority districts (2016, background): “The flexibility and innovation aspects of entrepreneurial activity are key to identifying and exploiting opportunities during a crisis (Soininen et al. 2012), whilst firm formation can replace the existing stock of firms with more dynamic ones.”
Benefiting from economic crisis? Strategic orientation effects, trade-offs, and configurations with resource availability on SME performance (2020, background): “Even though attempts have been made to understand strategic orientation effects during recession (Grewal and Tansuhaj 2001; Lettice et al. 2014; Naidoo 2010; Soininen et al. 2012), prior studies have mainly focused on one orientation without considering the potential for meaningful interactions, tra”