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  • Framing organizational resilience of small and medium sized enterprises from a sustainability perspective [Elektronski vir] : a systematic review
    Primorac, Kaja ; Ponikvar, Nina ; Kočan, Faris
    The contribution of small and medium-sized enterprises (SMEs) to the European economy is substantial, given the fact that they generate more than two thirds of all employment and over a half of the ... total value added. Coupled with their heightened suspectibility to various disruptions, such as economic downturns, technological shifts, and environmental changes, it is imperative to discern how these enterprises navigate challenges and what role does the implementation of sustainability practices play in their resilience building. Employing a multidisciplinary approach, this study integrates theories of resilience, sustainability, and organizational behaviour to construct a robust framework for scrutinizing SMEs resilience through a sustainability-oriented lens. Central to this study is the acknowledgment that through the incorporation of sustainability principles, SMEs stand to bolster their resilience while concurrently fostering positive impacts across social, environmental, and economic dimensions. Our research methodology involves a well-structured systematic review procedure. This paper, therefore, offers (i) an overview of resilience and sustainability literature between 2000 and 2023, providing valuable insights into the evolution of the relationship betwen these concepts over time, (ii) the framework outlining fundamental factors of organizational resilience (leadership and culture, networks and readiness for change), with (iii) a special emphasis on encapsulating the specificities of the latter for SMEs. By examining the interplay between organizational resilience and sustainability, we seek to elucidate how SMEs can not only survive but thrive amidst challenges while contributing to broader societal goals. Based on the review results, we describe distinguishing features of SMEs resilience through elucidating the intricate relationship between organizational resilience and sustainability in, but also identify gaps in the existing literature, highlighting avenues for future research, and by that advancing our understanding of how SMEs can navigate challenges while fostering sustainability practices.
    Source: Economic and social development [Elektronski vir] : 113th International Scientific Conference on Economic and Social Development, Prague, 27 - 28 June 2024 : book of proceedings (Str. 102-114)
    Type of material - conference contribution
    Publish date - 2024
    Language - english
    COBISS.SI-ID - 200723715

    Link(s):

    https://www.esd-conference.com/upload/book_of_proceedings/Book_of_Proceedings_esdPrague2024_Online.pdf

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