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Another day, another dollar: enterprise resilience under terrorism in developing countries

Branzei, Oana and Abdelnour, Samer (2010) Another day, another dollar: enterprise resilience under terrorism in developing countries. Journal of International Business Studies, 41 (5). pp. 804-825. ISSN 0047-2506

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Identification Number: 10.1057/jibs.2010.6

Abstract

This study extends the literature on entrepreneurship in developing countries by offering a two-stage explanation for the paradoxical observation that enterprise activities often flourish under extreme adversity. Our findings complement the base-of-pyramid and peace-through-commerce attention to the growing role of business in international development by fleshing out the functions of enterprise resilience under terrorism. We first explain how terrorism conditions (outbreak, escalation, and reduction) may create psychological incentives for enterprise resilience; then we show that, controlling for ex ante terrorism conditions, enterprise resilience yields more favorable economic payoffs at higher levels of terrorism, especially for informal entrepreneurs.

Item Type: Article
Official URL: http://www.palgrave-journals.com/jibs/index.html
Additional Information: © 2010 Academy of International Business
Divisions: Management
Subjects: H Social Sciences > HF Commerce
Sets: Departments > Management
Date Deposited: 18 Jun 2013 10:34
Last Modified: 20 Jun 2020 01:27
URI: http://eprints.lse.ac.uk/id/eprint/50845

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