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November 16, 2014International Small Business Journal Researching Entrepreneurship318 citations

Entrepreneurship and crisis management: The experiences of small businesses during the London 2011 riots

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RDRachel Doern

Key Points

  • This research aims to understand the impact of crises on small businesses and identify factors influencing their resilience or vulnerability during such events.
  • Phenomenological research approach
  • Qualitative interviews with small business owners affected by the 2011 riots
  • Development of a model to assess vulnerability and resilience factors
  • Various types of losses were reported by small businesses, including financial and emotional impacts.
  • Individual owner-managers play a crucial role in shaping the response and recovery of their businesses during crises.
  • Community support was identified as a key factor influencing business resilience.

Abstract

This article examines the impact of a crisis on small firms. Taking a phenomenological research approach, qualitative interviews were conducted to capture the experiences of small businesses directly affected by looting, vandalism and/or arson in the London 2011 riots. This study adds to the literature on crisis management by highlighting the different types of losses encountered by small businesses following a crisis and the role individual owner–managers, businesses and the wider community play in enhancing or minimizing losses. A model is developed to capture those factors that influence which small businesses were vulnerable or resilient to the riots.

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Cite This Study

Rachel Doern (2014) studied this question.

synapsesocial.com/papers/69d8dd5913e0539d74bedde5https://doi.org/10.1177/0266242614553863
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