Moderating effect of the economic crisis and market turbulence in small companies in the Legal Amazon

Authors

DOI:

https://doi.org/10.5585/riae.v21i2.21013

Keywords:

Economic crisis, Market turbulence, Legal Amazon, Entrepreneurial resilience, Open-mindedness.

Abstract

Objective: To investigate the moderating effect of the economic crisis (CS) and market turbulence (MT) variables in the relationship between open-mindedness (OM) and entrepreneurial resilience (ER) of managers working in small companies located in the Legal Amazon.

Method/approach: Data analysis involved Exploratory Factor Analysis (AFE), Confirmatory Factor Analysis (CFA) and Structural Equation Modeling (SEM) of 299 managers working in small businesses in the Legal Amazon.

Originality/Relevance: This article advances in the analysis of the relationship between the OM, ER, CS and TM variables during the Covid-19 pandemic period. In addition, the participation of managers of small companies in the Legal Amazon can contribute to decision-making in a region with resource asymmetry.

Main results: The empirical model demonstrates the moderating effect of the CS and TM variables on MA and RE in a resource-constrained environment further aggravated by the effects of the Covid-19 pandemic.

Theoretical/methodological contributions: First empirical evidence involving the moderating effect of the CS and TM variables in the relationship between OM and ER with the participation of managers of small companies located in the Legal Amazon. It is recommended that new theoretical and empirical models be tested in different regions, in order to advance the findings.

Practical implications: This article provides useful information for managers of small companies located in geographical regions with resource constraints, difficult access, social inequality and low population income, typical of developing countries.

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Author Biographies

Rodrigo Marques de Almeida Guerra, Universidade Federal de Santa Maria - UFSM

Doutor em Administração pela Pontifícia Universidade Católica do Rio Grande do Sul, PUCRS, Brasil, com Ampla Associação com a Universidade de Caxias do Sul, UCS, Brasil (2017). É Mestre em Engenharia de Produção (2005) pela Universidade Federal da Paraíba (UFPB), Especialista em Gestão da Qualidade e Produtividade (2002) pela UFPB, Especialista em Logística Empresarial (2003) pela Universidade Potigua (UNP) e Graduado em Administração (2001) pela UFPB. É professor adjunto da Universidade Federal de Santa Maria (UFSM), vinculado ao Departamento de Ciências Administrativas, e docente permanente do PPGA - Programa de Pós-Graduação em Administração da UFSM. Tem interesse nos seguintes temas: Estratégias organizacionais, Empreendedorismo e Inovação, Ambidestria organizacional, Resiliência empreendedora e Desempenho.

Luís Felipe Dias Lopes, Universidade Federal de Santa Maria - UFSM

Professor Titular do Depto. de Ciências Administrativas / Programa de Pós-graduação em Administração da Universidade Federal de Santa Maria. Líder do Grupo de Pesquisa: Comportamento inovador, estresse e trabalho. Graduação em Matemática pela Faculdade Imaculada Conceição (1988), mestrado em Engenharia de Produção pela Universidade Federal de Santa Maria (1994) e doutorado em Engenharia de Produção e Sistemas pela Universidade Federal de Santa Catarina (2001). Tem experiência na área de: Estatística: com ênfase em Métodos Quantitativos e Análise Multivariada; Administração, com ênfase em Inovação Tecnológica, Comportamento organizacional e Doenças Comportamentais.

Maria Emília Camargo, Universidade Federal de Santa Maria - UFSM

Pós-doutorado em Controle Estatístico de Processo pela Universidade Estatal Técnica de Kazan. Pós-doutorado em Métodos Quantitativos Aplicados à Gestão pela Universidade do Algarve Portugal. Realizou Estágio Senior no Instituto Superior Técnico de Lisboa, Portugal em Georeferenciamento aplicado ao fluxo do conhecimento. Seus principais interesses de pesquisa são: Inovação Social, Inovação Tecnológica, Neurociência Social e Organizacional, Gestão do Conhecimento, Construção e Validação de Escalas. Modelagem de Redes Neurais. Séries Temporais. Patentometria. Meta análise.

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Published

30.06.2022

How to Cite

Guerra, R. M. de A., Lopes, L. F. D., & Camargo, M. E. (2022). Moderating effect of the economic crisis and market turbulence in small companies in the Legal Amazon. Revista Ibero-Americana De Estratégia, 21(2), e21013. https://doi.org/10.5585/riae.v21i2.21013

Issue

Vol. 21 No. 2 (2022): Special issue: Strategic responses to crisis and uncertainties

Section

Enfrentamento e respostas estratégicas a crises e incertezas

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