The quantification of firm resilience and its relationship with innovation

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Type and Duration

Preproposal PhD-Thesis, since September 2024

Coordinator

Liechtenstein Business School

Description

In today's globalized economy, it is crucial to be able to measure and understand the resilience of companies to internal and external changes, shocks and/or crises. While the academic literature often deals with the definition of (firm) resilience and what it exactly constitutes, there is a lack of studies on how to effectively measure it. Thus, the focus, especially at the beginning of the research, is on the development of quantitative measurement methods capturing firm resilience as well as the associated performance analyses of corporations.
Another adjacent and underdeveloped field of research is the investigation of the interaction between firm resilience and innovation efficiency. The aim of the research is to examine whether innovative companies have a higher level of resilience efficiency or rather whether companies with a high level of resilience are more innovation efficient than their competitors.