---
_id: '33667'
abstract:
- lang: eng
  text: <jats:title>Abstract</jats:title><jats:p>In light of the COVID-19 pandemic,
    we scrutinize what has been established in the literature on whether entrepreneurship
    can cause and resolve extreme events, the immediate and long-run impacts of extreme
    events on entrepreneurship, and whether extreme events can positively impact (some)
    entrepreneurship and innovation. Based on this, we utilize a partial equilibrium
    model to provide several conjectures on the impact of COVID-19 on entrepreneurship,
    and to derive policy recommendations for recovery. We illustrate that while entrepreneurship
    recovery will benefit from measures such as direct subsidies for start-ups, firms’
    revenue losses, and loan liabilities, it will also benefit from aggregate demand-side
    support and income redistribution measures, as well as from measures that facilitate
    the innovation-response to the Keynesian supply-shock caused by the pandemic,
    such as access to online retail and well-functioning global transportation and
    logistics.</jats:p>
author:
- first_name: Thomas
  full_name: Gries, Thomas
  id: '186'
  last_name: Gries
- first_name: Wim
  full_name: Naudé, Wim
  last_name: Naudé
citation:
  ama: 'Gries T, Naudé W. Extreme Events, Entrepreneurial Start-Ups, and Innovation:
    Theoretical Conjectures. <i>Economics of Disasters and Climate Change</i>. 2021;5(3):329-353.
    doi:<a href="https://doi.org/10.1007/s41885-021-00089-0">10.1007/s41885-021-00089-0</a>'
  apa: 'Gries, T., &#38; Naudé, W. (2021). Extreme Events, Entrepreneurial Start-Ups,
    and Innovation: Theoretical Conjectures. <i>Economics of Disasters and Climate
    Change</i>, <i>5</i>(3), 329–353. <a href="https://doi.org/10.1007/s41885-021-00089-0">https://doi.org/10.1007/s41885-021-00089-0</a>'
  bibtex: '@article{Gries_Naudé_2021, title={Extreme Events, Entrepreneurial Start-Ups,
    and Innovation: Theoretical Conjectures}, volume={5}, DOI={<a href="https://doi.org/10.1007/s41885-021-00089-0">10.1007/s41885-021-00089-0</a>},
    number={3}, journal={Economics of Disasters and Climate Change}, publisher={Springer
    Science and Business Media LLC}, author={Gries, Thomas and Naudé, Wim}, year={2021},
    pages={329–353} }'
  chicago: 'Gries, Thomas, and Wim Naudé. “Extreme Events, Entrepreneurial Start-Ups,
    and Innovation: Theoretical Conjectures.” <i>Economics of Disasters and Climate
    Change</i> 5, no. 3 (2021): 329–53. <a href="https://doi.org/10.1007/s41885-021-00089-0">https://doi.org/10.1007/s41885-021-00089-0</a>.'
  ieee: 'T. Gries and W. Naudé, “Extreme Events, Entrepreneurial Start-Ups, and Innovation:
    Theoretical Conjectures,” <i>Economics of Disasters and Climate Change</i>, vol.
    5, no. 3, pp. 329–353, 2021, doi: <a href="https://doi.org/10.1007/s41885-021-00089-0">10.1007/s41885-021-00089-0</a>.'
  mla: 'Gries, Thomas, and Wim Naudé. “Extreme Events, Entrepreneurial Start-Ups,
    and Innovation: Theoretical Conjectures.” <i>Economics of Disasters and Climate
    Change</i>, vol. 5, no. 3, Springer Science and Business Media LLC, 2021, pp.
    329–53, doi:<a href="https://doi.org/10.1007/s41885-021-00089-0">10.1007/s41885-021-00089-0</a>.'
  short: T. Gries, W. Naudé, Economics of Disasters and Climate Change 5 (2021) 329–353.
date_created: 2022-10-10T17:01:52Z
date_updated: 2024-06-27T07:48:12Z
department:
- _id: '475'
- _id: '19'
- _id: '200'
- _id: '202'
doi: 10.1007/s41885-021-00089-0
intvolume: '         5'
issue: '3'
keyword:
- General Medicine
language:
- iso: eng
page: 329-353
publication: Economics of Disasters and Climate Change
publication_identifier:
  issn:
  - 2511-1280
  - 2511-1299
publication_status: published
publisher: Springer Science and Business Media LLC
status: public
title: 'Extreme Events, Entrepreneurial Start-Ups, and Innovation: Theoretical Conjectures'
type: journal_article
user_id: '186'
volume: 5
year: '2021'
...