Economic crisis and resilience: Resilient capacity and competitiveness of the enterprises

This research analyzes the ability of resiliency of the enterprises starting from the analysis of the term “resiliency” in different interpretations. Nowadays the economic literature on resiliency is very wide. Nevertheless, the tools that scholars employ to measure resiliency at enterprise level are still imprecise and approximate. Using qualitative analysis, this research builds a rational model to understand the resiliency of the manufacturing enterprises, identifying some principal determinants. This research offers a logical scheme to measure entrepreneurs' resiliency to economic exogenous shocks, thus promoting a new managerial culture building on the principles of adaptability, flexibility, and innovation.