ARPHA Conference Abstracts :
Conference Abstract
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Corresponding author: Nada Mallah Boustani (nada.mallahboustany@usj.edu.lb)
Received: 26 May 2023 | Published: 20 Jun 2023
© 2023 Nada Mallah Boustani, Sanaa Hajj
This is an open access article distributed under the terms of the Creative Commons Attribution License (CC BY 4.0), which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
Citation:
Mallah Boustani N, Hajj S (2023) The Lebanese Entrepreneurial Resilience In Times Of Crisis. ARPHA Conference Abstracts 6: e107045. https://doi.org/10.3897/aca.6.e107045
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Entrepreneurship is thriving throughout the world. And while the nature and processes of economic activity and development vary widely across countries, there is widespread acknowledgement that entrepreneurship, defined as “any attempt at new venture or new business creation by an individual, a team of individuals, or an established business” (
In terms of societal development, employment and economic growth, entrepreneurship is crucial (
What could be the context of Lebanese entrepreneurial system and contrasts that abound in Lebanon? According to Forbes, Lebanon had at least seven billionaires in the United States in 2018. According to the Lebanon Crisis Response Plan 2017–20, 106,000 Lebanese households make less than $120 per month, or $3.84 per day (www.data2.unhcr.org). Individual choices regarding whether to launch a business are framed by the Lebanese economy. A developing economy broadens consumer and commercial markets, improves access to financing, offers new business prospects, and boosts confidence to take advantage of those opportunities, which could either impede or promote the start-up. In contrast, a slowing or deteriorating economy may restrict both opportunity and confidence. However, because there aren't many other ways to make money in that weak economy, more people may decide to start their own businesses most likely in the highly competitive and simple-to-enter consumer services or retail industries.
Innovative entrepreneurial vigor has been shown to greatly increase economic resilience by improving the industrial structure, reducing the income gap, and directing economic agglomeration in the face of unpredictable economic policy (
This study explores the following research questions: What impact does innovative entrepreneurial actions and initiatives have on economic resilience and what is the role of the entrepreneurial ecosystem in resorbing the Lebanese economic crisis?
To examine these issues, the researchers intend to first propose a theoretical framework, and review the existing literature. Second, to present the hypotheses of entrepreneurial actions in Lebanon. Third, to discuss the research methodology and questionnaire used. Fourth, the results are reported. Fifth, the key findings are discussed, practical and theoretical implications are presented and avenues for future research are shown.
To demonstrate the research hypotheses, the authors will adopt a mixed methodology, a triangulation between quantitative and qualitative. A questionnaire will be sent to entrepreneurs who have already founded their business before the crisis and those who tried to create their business during the crisis. Usually, entrepreneurs who perceive opportunity and establish new organizations to benefit from opportunity (
The entrepreneurial ecosystem can have a significant impact by aiding in the nation's rehabilitation. Infrastructure and public support are necessary for the government to carry out its protection from the economic crisis in a successful manner (
Lebanon, entrepreneurship, start-ups, growth.
Nada Mallah Boustani
CABMR 2023 colloquium on Resilience and Cybersecurity, held on March 9, 2023, at Ascencia Business School – Collège de Paris, ISF campus, La Défense, Paris, France.