Dynamic resource analysis and the development of psychological resilience: an entrepreneurial perspective

Nghia Chi Nguyen, Dolly Matta, Jamila Abaidi Hasnaoui, George Lodorfos and Roy Matta

International Journal of Entrepreneurship and Small Business, 2025, vol. 55, issue 6, 1-19

Abstract: Psychological resilience has received much attention in academic research and practical applications due to its effectiveness in helping individuals to cope with pressure. However, few studies have examined how resource-based responses to constraints affect the psychological resilience of entrepreneurs, as well as the role these resources play in helping entrepreneurs overcome constraints. A study of four cases with six activities from Vietnam and Japan found that entrepreneurs who have succeeded in dealing with constraints attribute them to specific problematic components within a specific activity (partial constraint), rather than the entire resource (entire constraint). They resolve these constraints by selecting and creating new activities that utilise other components and a combination of constraining and non-constraining elements. This is supposed to be the relationship between resource analysis and the construction of psychological resilience. This implies a practical step-by-step process for recognising partial constraints and leveraging resource components, which can be applied in entrepreneurial training programs.

Keywords: resource-based constraint response; dynamism of resource analysis; relationship; psychological resilience; partial constraint. (search for similar items in EconPapers)
Date: 2025
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