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Remoteness, Entrepreneurial Orientation and Resilience Christopher Williams Durham University Business School Nature’s Benefits: Natural Capital in the South Atlantic 14 th March 2019

Remoteness, Entrepreneurial Orientation and Resilience · 2019-05-24 · Remoteness, Entrepreneurial Orientation and Resilience Christopher Williams Durham University Business School

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Page 1: Remoteness, Entrepreneurial Orientation and Resilience · 2019-05-24 · Remoteness, Entrepreneurial Orientation and Resilience Christopher Williams Durham University Business School

Remoteness, Entrepreneurial Orientation and Resilience

Christopher WilliamsDurham University Business School

Nature’s Benefits: Natural Capital in the South Atlantic

14th March 2019

Page 2: Remoteness, Entrepreneurial Orientation and Resilience · 2019-05-24 · Remoteness, Entrepreneurial Orientation and Resilience Christopher Williams Durham University Business School
Page 3: Remoteness, Entrepreneurial Orientation and Resilience · 2019-05-24 · Remoteness, Entrepreneurial Orientation and Resilience Christopher Williams Durham University Business School

Agenda

• The words remoteness, entrepreneurial orientation and resilience

• How might they be related?

• Literature

• Case examples

• An emerging model

• Implications and Conclusions

Page 4: Remoteness, Entrepreneurial Orientation and Resilience · 2019-05-24 · Remoteness, Entrepreneurial Orientation and Resilience Christopher Williams Durham University Business School

remoteness, n.

1. The state, condition, or fact of being remote (in various senses).

2. A remote place, region, or part.

Oxford English Dictionary

Page 5: Remoteness, Entrepreneurial Orientation and Resilience · 2019-05-24 · Remoteness, Entrepreneurial Orientation and Resilience Christopher Williams Durham University Business School

entrepreneurial, adj.

Of, relating to, or characteristic of an entrepreneur or entrepreneurs; enterprising

Orientation:

3. fig. A person's basic attitude, beliefs, or feelings; a person's emotional or intellectual position in respect of a particular topic, circumstance, etc.; (now) spec. sexual preference.

Oxford English Dictionary

Page 6: Remoteness, Entrepreneurial Orientation and Resilience · 2019-05-24 · Remoteness, Entrepreneurial Orientation and Resilience Christopher Williams Durham University Business School

resilience, n.

5. The quality or fact of being able to recover quickly or easily from, or resist being affected by, a misfortune, shock, illness, etc.; robustness; adaptability.

Oxford English Dictionary

Page 7: Remoteness, Entrepreneurial Orientation and Resilience · 2019-05-24 · Remoteness, Entrepreneurial Orientation and Resilience Christopher Williams Durham University Business School

Remoteness, Entrepreneurial Orientation and Resilience

Resilience

Entrepreneurial Orientation

Remoteness

Page 8: Remoteness, Entrepreneurial Orientation and Resilience · 2019-05-24 · Remoteness, Entrepreneurial Orientation and Resilience Christopher Williams Durham University Business School

Remoteness: an interest in distance

Ambos B, Håkanson L. The concept of distance in international management research. Journal of International Management. 2014 Mar 1;20(1):1-7.

Page 9: Remoteness, Entrepreneurial Orientation and Resilience · 2019-05-24 · Remoteness, Entrepreneurial Orientation and Resilience Christopher Williams Durham University Business School

Dimensions and sub-dimensions

Berry, H., Guillén, M.F. and Zhou, N., 2010. An institutional approach to cross-national distance. Journal of International Business Studies, 41(9), pp.1460-1480.

• Economic• Financial• Political• Administrative• Cultural• Demographic• Knowledge• Global

connectedness• Geographic

Page 10: Remoteness, Entrepreneurial Orientation and Resilience · 2019-05-24 · Remoteness, Entrepreneurial Orientation and Resilience Christopher Williams Durham University Business School

EO: an interest in posture

Lumpkin, G.T. and Dess, G.G., 1996. Clarifying the entrepreneurial orientation construct and linking it to performance. Academy of management Review, 21(1), pp.135-172.

Page 11: Remoteness, Entrepreneurial Orientation and Resilience · 2019-05-24 · Remoteness, Entrepreneurial Orientation and Resilience Christopher Williams Durham University Business School

Dimensions and sub-dimensions

• Risk-taking

• Innovativeness

• Proactiveness

• Competitive aggressiveness

• Autonomy

Hughes, M. and Morgan, R.E., 2007. Deconstructing the relationship between entrepreneurial orientation and business performance at the embryonic stage of firm growth. Industrial marketing management, 36(5), pp.651-661.

Page 12: Remoteness, Entrepreneurial Orientation and Resilience · 2019-05-24 · Remoteness, Entrepreneurial Orientation and Resilience Christopher Williams Durham University Business School

Resilience: an interest in survival

Linnenluecke, M.K., 2017. Resilience in business and management research: A review of influential publications and a research agenda. International Journal of Management Reviews, 19(1), pp.4-30.

Page 13: Remoteness, Entrepreneurial Orientation and Resilience · 2019-05-24 · Remoteness, Entrepreneurial Orientation and Resilience Christopher Williams Durham University Business School

Dimensions and sub-dimensions

• Readiness and preparedness

• Response and adaptation

• Recovery or adjustment

Bhamra, R., Dani, S. and Burnard, K., 2011. Resilience: the concept, a literature review and future directions. International Journal of Production Research, 49(18), pp.5375-5393.

Page 14: Remoteness, Entrepreneurial Orientation and Resilience · 2019-05-24 · Remoteness, Entrepreneurial Orientation and Resilience Christopher Williams Durham University Business School

Remoteness, Entrepreneurial Orientation and Resilience

Resilience

Entrepreneurial Orientation

Remoteness

Page 15: Remoteness, Entrepreneurial Orientation and Resilience · 2019-05-24 · Remoteness, Entrepreneurial Orientation and Resilience Christopher Williams Durham University Business School

Case 1: Leading through Tragedy

Disruption is sudden and isolated

Page 16: Remoteness, Entrepreneurial Orientation and Resilience · 2019-05-24 · Remoteness, Entrepreneurial Orientation and Resilience Christopher Williams Durham University Business School

Case 2: Tesco in USA

Disruption is mounting and isolated

Page 17: Remoteness, Entrepreneurial Orientation and Resilience · 2019-05-24 · Remoteness, Entrepreneurial Orientation and Resilience Christopher Williams Durham University Business School

Case 3: Philips and the global financial crisis

Disruption is sudden and system-wide

Page 18: Remoteness, Entrepreneurial Orientation and Resilience · 2019-05-24 · Remoteness, Entrepreneurial Orientation and Resilience Christopher Williams Durham University Business School

Case 4: St Helena

Disruption is mounting and system-wide

Page 19: Remoteness, Entrepreneurial Orientation and Resilience · 2019-05-24 · Remoteness, Entrepreneurial Orientation and Resilience Christopher Williams Durham University Business School

Comparing the casesFactor Expatica Tesco USA Philips St Helena

Remoteness (following onset of the shock)

KnowledgeGlobalconnectedness

CulturalGeographic

EconomicPolitical

EconomicGlobal connectedness

Entrepreneurial Orientation (following onset of the shock)

Low:Some risk-taking

High:Risk-takingInnovativenessAutonomy

High:Competitive aggressiveness

Moderate:Constrained innovativenessand pro-activeness

Resilience Reflection,acceptance, re-energise

Adaptation, then retreat (re-organise)

Adaptation, then retreat (re-organise)

Reflection,acceptance, re-energise

Author’s interpretation

Page 20: Remoteness, Entrepreneurial Orientation and Resilience · 2019-05-24 · Remoteness, Entrepreneurial Orientation and Resilience Christopher Williams Durham University Business School

Remoteness, Entrepreneurial Orientation and Resilience:

incorporating the nature of shock

Resilience

Entrepreneurial Orientation

Remoteness

SHOCK

Page 21: Remoteness, Entrepreneurial Orientation and Resilience · 2019-05-24 · Remoteness, Entrepreneurial Orientation and Resilience Christopher Williams Durham University Business School

Response curves: comparing the St Helena case with private sector cases

SHOCK

Increasing

remoteness

Entrepreneurial

orientation

No

t R

esil

ien

tR

esilie

nt

Author’s interpretation

Page 22: Remoteness, Entrepreneurial Orientation and Resilience · 2019-05-24 · Remoteness, Entrepreneurial Orientation and Resilience Christopher Williams Durham University Business School

Mounting disruption impacting sustainable economic development

in a remote place – example 1

Page 23: Remoteness, Entrepreneurial Orientation and Resilience · 2019-05-24 · Remoteness, Entrepreneurial Orientation and Resilience Christopher Williams Durham University Business School

Mounting disruption impacting sustainable economic development in a

region – example 2 (County Durham)

Page 24: Remoteness, Entrepreneurial Orientation and Resilience · 2019-05-24 · Remoteness, Entrepreneurial Orientation and Resilience Christopher Williams Durham University Business School

bbc.co.uk/news accessed 11th March 2019

Sudden disruption impacting sustainable economic development

in a remote place – example 3

Page 25: Remoteness, Entrepreneurial Orientation and Resilience · 2019-05-24 · Remoteness, Entrepreneurial Orientation and Resilience Christopher Williams Durham University Business School

Implications

• St Helena– Tourism industry– Other sectors– Governance

• Natural capital– Need to understand shock, remoteness, EO– Resilient organizations and a protected environment –

there is a connection– Resilience as a feature of organizations and as a

consequence of their actions – sustainable organizations mean sustainable natural capital and a sustained economic development based on tourism

Page 26: Remoteness, Entrepreneurial Orientation and Resilience · 2019-05-24 · Remoteness, Entrepreneurial Orientation and Resilience Christopher Williams Durham University Business School

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