Given that entrepreneurs regularly face challenges in the process of starting a new venture, their ability to adapt and respond to adversity is of great interest to entrepreneurship researchers. Hence, entrepreneurship scholars have begun to build on and extend the idea of individual-level, psychological resilience in the domain of entrepreneurship. Entrepreneurial resilience includes the processes entrepreneurs utilize to develop and deploy their capabilities in order to adapt and respond to adversity encountered in their role as an entrepreneur. Entrepreneurial resilience may be conceptualized as a set of capabilities, as a process, and as an outcome. The idea of entrepreneurial resilience as a set of capabilities implies that resilience is comprised of certain psychological and behavioral capacities or tendencies that allow an entrepreneur to overcome adversity. Entrepreneurial resilience as a process is the demonstration of those capabilities in action and is exhibited as entrepreneurs encounter and then recover from a stressor. Finally, entrepreneurial resilience as an outcome is often conceptualized as a lack of negative outcomes from an adverse or stressful event. Research in entrepreneurship has begun to explore each of these conceptualizations of resilience. Importantly, resilience capabilities have been connected with a greater likelihood of venture survival. Additionally, research has demonstrated that entrepreneurial action may be an important tool that individuals use to overcome persistent adversity. Future research is needed to clarify how entrepreneurs both develop and deploy their capabilities and resources to achieve positive outcomes in the face of challenges. The remaining questions related to the nature of entrepreneurial resilience make this domain a promising field for continuing scholarship.
Robert Garrett and Lauren Zettel
Joseph P. Broschak
Inter- and intrafirm managerial mobility has emerged as a topic of growing interest among management and organizational scholars. The movement of managers within and between organizations is one of the fundamental processes that links organizations and labor markets and has been the focus of research in organizational behavior, strategy, organization theory, and entrepreneurship for more than 50 years. Managerial mobility affects career opportunities and labor market outcomes for individual managers; influences the structure, strategy, routines, and processes of organizations; and shapes the environments within which organizations operate. Thus, managerial mobility research is a key to unlocking our understanding of a wide range of organizational behaviors and outcomes at several different analytical levels. Readers are introduced to the topic of managerial mobility and the vast body of existing research is summarized here. To help researchers understand the phenomenon, “managerial mobility” is distinguished from the more general topic of “employee mobility,” various terms that researchers have used to characterize managerial mobility processes are defined, and a distinction is made between intra- and interorganizational mobility. Next, because managerial mobility is a complex process, relevant research on the antecedents of managerial mobility is identified, categorizing some of the most important predictors into individual-, organizational-, and environmental-level antecedents. To demonstrate to researchers the importance of studying managerial mobility, some of the significant consequences of managerial mobility are highlighted, again distinguishing between consequences for individuals, organizations, and the environments in which they reside. To conclude, four potential directions for research to guide scholars and help set a research agenda on lines of inquiry on intra- and interorganizational managerial mobility are offered.