{"publisher":"Springer Science and Business Media LLC","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>"}],"intvolume":"         5","type":"journal_article","keyword":["General Medicine"],"date_created":"2022-10-10T17:01:52Z","user_id":"186","publication":"Economics of Disasters and Climate Change","department":[{"_id":"475"},{"_id":"19"},{"_id":"200"},{"_id":"202"}],"doi":"10.1007/s41885-021-00089-0","status":"public","publication_status":"published","language":[{"iso":"eng"}],"title":"Extreme Events, Entrepreneurial Start-Ups, and Innovation: Theoretical Conjectures","issue":"3","publication_identifier":{"issn":["2511-1280","2511-1299"]},"volume":5,"date_updated":"2024-06-27T07:48:12Z","year":"2021","page":"329-353","author":[{"last_name":"Gries","first_name":"Thomas","full_name":"Gries, Thomas","id":"186"},{"last_name":"Naudé","first_name":"Wim","full_name":"Naudé, Wim"}],"_id":"33667","citation":{"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} }","short":"T. Gries, W. Naudé, Economics of Disasters and Climate Change 5 (2021) 329–353.","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>","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>.","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>.","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>."}}