Entrepreneurial firms and their sustainability in a VUCA world

Q3 Economics, Econometrics and Finance

World Review of Entrepreneurship, Management and Sustainable Development Pub Date : 2023-01-01 DOI:10.1504/wremsd.2023.133740

Meenakshi Gandhi, Manoj Joshi

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Abstract

Entrepreneurship is a central theme of discussion, with 'entrepreneur' coined by Jean-Baptiste, implying one who undertook a new venture. This field has its genesis from the field of economics, sociology and economic history, agglomerating as an interplay between wealth creation, resource optimisation and economic development. It is interesting to posit 'do all entrepreneurial firms survive in a volatile, uncertain, complex and ambiguous (VUCA) world with a discussion on their sustainability?' We identified select papers published between 2000 and 2019 and entrepreneurial firms incepted between 2000 and 2015 but reeling under VUCA, deploying qualitative method for examining various dimensions of VUCA. We undertook a typical case of iTiffin, incepted in 2013. iTiffin has struggled to capitalise the market in VUCA times, undergoing sustainability perspectives. Similarly, start-ups posed with vulnerability often fail to steer the rough waters of the VUCA environment. We triangulated, reducing biases and concretised evidence to address the subject.

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创业公司及其在VUCA世界中的可持续性

企业家精神是讨论的中心主题，让-巴蒂斯特创造了“企业家”一词，意指从事新事业的人。这一领域起源于经济学、社会学和经济史领域，是财富创造、资源优化和经济发展之间的相互作用。有趣的是，“所有的创业公司都能在一个不稳定、不确定、复杂和模棱两可(VUCA)的世界中生存下来吗?”我们选择了2000年至2019年间发表的论文和2000年至2015年间成立的创业公司，但在VUCA下徘徊，采用定性方法来检验VUCA的各个维度。我们承接了一个典型的itffin案例，开始于2013年。在VUCA时代，芬尼一直在努力利用市场，经历了可持续性的视角。同样，脆弱的初创企业往往无法驾驭VUCA环境的波涛。我们进行了三角测量，减少了偏见，并提出了具体的证据来解决这个问题。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

World Review of Entrepreneurship, Management and Sustainable Development Economics, Econometrics and Finance-Economics and Econometrics

CiteScore

1.60

自引率

0.00%

发文量

期刊介绍： WREMSD is a multidisciplinary refereed journal on issues that will be central to management and sustainable development around the world. The general theme of WREMSD has been very carefully chosen to include business and entrepreneurship management and the challenges these represent in terms of global competitiveness and sustainable development. To achieve competitiveness in business and management, individuals and institutions need essential knowledge on a broad spectrum of concepts and issues that affect business around the world.