Pandemics, Business Resilience and Sustainability

Dipak Raj Pant () and Stéphane Jedrzejczak ()

LIUC Papers in Economics from Cattaneo University (LIUC)

Abstract: The issues related to the resilience of small and medium enterprises are key to understanding how disruptions and contextual constraints provoked by the Covid-19 pandemic’s have impacted the lives and livelihoods of small entrepreneurs and their partners along local supply chains and markets. The capacity of SMEs to resist, adapt and take advantage of external environmental changes is key to the sustainability of local economic processes. This report provides an overview about the resilience and vulnerabilities of SMEs engaged in the production and trade of wine of a specific area in north-western Italy during the coronavirus pandemic of 2020-2021 in the villages and small towns of the Alpine foothills and pre-Alpine lowlands in northern Piedmont. The research combined field survey, documentary analysis, and stakeholder consultations to shed light on present uncertainties for the wine business community and context. The perspectives gained in the field lead to a critical re-thinking on existing business and development models useful to elaborate new plausible and sustainable scenarios (alternative images of future) about the Nebbiolo business community. For policy makers, this understanding is useful to steer the local development process towards sustainability, to broader issues surrounding business continuity, resilience, and sustainable local development.

Pages: 50 pages
Date: 2022-03
New Economics Papers: this item is included in nep-agr, nep-ent and nep-env
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Published in Università Cattaneo Working papers n.12 2022

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Persistent link: https://EconPapers.repec.org/RePEc:liu:liucec:2022-12

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