A Framework of Resilience for Peer-to-Peer Accommodation Hosts Under COVID-19

The pandemic has hit the tourism industry in various ways. P2P accommodation (P2PA) is one of most disrupted sectors. Different types of P2PA hosts are confronting different levels of challenges. From an angle of social equity, the study adopted a resilience model to examine the resilience of P2PA hosts’ business during the first COVID outbreak in Florida, USA. Statistical results show P2PA hosts’ business resilience negatively associates with their housing liability and hosting experience. Social superiority in owning more assets can be a defect in coping with COVID crisis. P2PA operators need to maintain an appropriate level of financial flexibility when faced with the threat of COVID outbreaks. We suggest the government and industrial organizations to distinguish the types of P2PA operators when carrying out rescue plans for the industry.

Cooperation and Environmental Responsibility as Positive Factors for Entrepreneurial Resilience

In this review, we study the state of entrepreneurial education as it applies to business resilience. We consider records over the last 20 years about entrepreneurial resilience that consider their social impact and focus on sustainability. The aim of the study was to determine whether an enterprise that stresses social impact and sustainability rather than profits could reinforce entrepreneurial resilience. The importance of this study is that it offers a more complex description of entrepreneurial resilience by connecting social and environmental sensitivity with a profit-oriented logic. We found a mild incremental rise in, first, the years of the 2000s and a jump by 2010. We then used VosViewer to create a cluster map from the record list of WOS, creating three clusters of: “education and sustainability”, “entrepreneurship and social impact” and “innovation”, and these three clusters were related to superior entrepreneurial resilience. This approach should be adopted in real time to be able to adapt to socio-economic crises, adopting a functional approach based on cooperativeness and awareness of complexity.

Double Sided Perspective of Business Resilience: The Rationality and Irrationality of SME Experience

COVID-19 has created a killing field for SME as one of national economics pillars. Business resilience becomes crucial issue. It has stimulated the owner and/or managers of SME to do many things for saving the SME from its bankruptcy rationally and/or irrationally. This study aimed to elaborate business resilience and to test the impact of rational and irrational factors on business resilience. The rational factors consist of: (1) implementation of health protocol in doing business, (2) developing business flexibility, and (4) improving alliance capability. The rational factors consist of (4) enhancing pro-social leadership a (5) conducting workplace spirituality. This study is cross-sectional survey with causal approach for testing five hypothesizes. Convenience method was used as sampling method. This study involved 506 small medium enterprises in Jawa and Sumatera, the two biggest islands in Indonesia. Collected data were structured with PLS based Structural Equation Modelling. Proposed research model was described into second order construct and tested by validity and reliability analysis, measurement model analysis and structural model analysis. Keywords: Resilience, Flexibility, Spirituality, Pro-Social Leadeship

UTICAJ DISRUPCIJA U LANCU SNABDEVANJA UNUTAR INDUSTRIJE FLEKSIBILNE AMBALAŽE UZROKOVANIH PANDEMIJOM VIRUSA COVID-19

In the packaging industry, disruptions occurring in the supply chain can impact all the segments and have huge consequences on the operations conducted by the distributors. We are witnesses of an unprecedented crisis caused by the COVID-19 pandemic. It has influenced all layers of the society and forced us to make changes and adjustments to our every-day routine, regulations, economy. Disruptions can undermine the stability of the supply chain, causing business losses. Therefore, identifying the impact of different disruptions on the supply chain is crucial. Here, a timely and quick reaction is of great importance. The current pandemic has caused many disruptions in the industry and has impacted all parts of the supply chains in ways that have not been yet recorded, therefore making it even harder for the companies to respond to new challenges. The changes have not skipped the packaging industry, forcing the manufacturers to rethink their strategies and the consumers to change their views of a safe and reliable product. With the economic expansion, the demand for flexible packaging and has been growing. There are many advantages to flexible packaging. Besides the fact that it creates less environmental impact, it also requires fewer resources compared to traditional packaging production. Disruptions in the supply chains of the flexible packaging industry are one of the major economic concerns during the COVID-19 pandemic, and therefore the topic of this paper. Since the companies in the industry are in desperate need for a new approach regarding risk management and building business resilience, some strategies for overcoming the challenges of the crisis on the flexible packaging market have been presented here.