Abstract

Gaps remain in the scholarly understanding of cognitive and behavioral antecedents of entrepreneurs’ persistence and survival. One such antecedent may relate to entrepreneur’s resilience, an under-researched construct in entrepreneurship literature. In psychology, resilience is seen as an ability of individuals to adapt and grow in the face of adversity. This ability manifests itself through cognitive and behavioral resilience. Cognitive resilience refers to decision makers’ intention to formulate adequate response whereas behavioral resilience is focused on the actions of implementing the response developed through cognitive resilience. In our research, we investigate entrepreneurs’ behavioral resilience. Although some efforts have been made to clarify the concept of resilience in the entrepreneurial context, its boundaries are not yet clearly and systematically defined. In this paper, we begin filling this critical gap by identifying the key attributes of entrepreneurs’ resilience.

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