Evaluating the relationship between entrepreneurial ecosystem, resilience and SME performance in post-pandemic period

Chinmaya Kumar Sahu and Rajeev Kumar Panda

Journal of Entrepreneurship and Public Policy, 2024, vol. 13, issue 3, 491-506

Abstract: Purpose - The literature on entrepreneurship implicitly suggests that developed nations' entrepreneurial ecosystems (EE) are positively related to small and medium enterprise performance. However, few theoretical and empirical studies explicitly investigate this relationship in emerging economies. Also, earlier studies have concentrated on the EE–SME performance association in a stable environment without any uncertainties. Hence, the current study analyses the relationship between EE and SME performance in an emerging economy. Entrepreneurial resilience (ER) has been introduced (mediator) to understand the EE–SME performance relationship in the post-pandemic period. Design/methodology/approach - The research sample comprises 359 Indian SMEs. The owners/managers of each SME were contacted to obtain responses. The research employs a multifaceted method Partial Least Squares-structural equation modelling that permits the investigation of several concurrent associations for data analysis. Findings - The findings reveal that EE significantly impacts ER and SME performance. Additionally, ER partially mediates the relationship between EE and SME performance. The findings indicate that post-pandemic India's EE positively influences SME performance directly, as well as indirectly through ER. Research limitations/implications - The results provide implications for policymakers from economies similar to India's. It suggests that policymakers can enhance ER and, consequently, SME performance during periods of uncertainty by focusing on developing an EE with strong institutional foundations, supportive frameworks and a culture of adaptability. Originality/value - SMEs and entrepreneurial activities in India are relatively new, but they are rising rapidly. This investigation adds to our knowledge of EE and allows us to comprehend its components in developing countries. This article contributes to the knowledge of India’s SME performance from an EE and ER perspective in the post-pandemic scenario.

Keywords: Entrepreneurial ecosystem; Entrepreneurial resilience; Small and medium enterprises; COVID-19; Contingency theory (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.emerald.com/insight/content/doi/10.110 ... d&utm_campaign=repec (text/html)
https://www.emerald.com/insight/content/doi/10.110 ... d&utm_campaign=repec (application/pdf)
Access to full text is restricted to subscribers

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eme:jepppp:jepp-12-2023-0136

DOI: 10.1108/JEPP-12-2023-0136

Access Statistics for this article

More articles in Journal of Entrepreneurship and Public Policy from Emerald Group Publishing Limited
Bibliographic data for series maintained by Emerald Support ().