Turning crises into opportunities: Learning from high growth businesses (2022-2025)
Abstract
Being able to adapt and respond to crises such as the COVID-19 pandemic or bushfires is important for Australia's economic development. This project investigates how crises can be turned into opportunities. It analyses the strategic crises responses of business ventures that managed to defy the odds and to achieve high growth because of crises. The outcomes include an improved understanding of the opportunities crises present; and actionable, empirically grounded insights into successful crises responses. As such, the project will make significant contributions to core areas of entrepreneurship and management research. It will also help policymakers and entrepreneurs to improve economic resilience and to foster sustainable economic growth.
