Open Access Article

Title: Dynamic resource analysis and the development of psychological resilience: an entrepreneurial perspective

Authors: Nghia Chi Nguyen; Dolly Matta; Jamila Abaidi Hasnaoui; George Lodorfos; Roy Matta

Addresses: Aomori Chuo Gakuin University, 12-1 Kanda, Yokouchi, Aomori City, Aomori 030-0132, Japan; Graduate School of Economics and Management – SDGs Lab, Tohoku University, 27-1, Kawauchi, Aoba-ku, Sendai-shi, 980-8576, Japan ' American University of Technology, Byblos Highway, Halat, Mont-Liban, Lebanon ' CERIIM – Research Center in Managerial Intelligence and Innovation, La Rochelle Business School, 102 Rue de Coureilles, 17000 La Rochelle, France ' Leeds Business School, Leeds Beckett University, The Rose Bowl, Portland Cres, Leeds LS1 3HB, UK ' USJ Business School, Saint Joseph University of Beirut, P.O. Box 17-5208 Mar Mikhael Beirut 1104 2020, Beirut, Lebanon

Abstract: Psychological resilience has received much attention in academic research and practical applications due to its effectiveness in helping individuals to cope with pressure. However, few studies have examined how resource-based responses to constraints affect the psychological resilience of entrepreneurs, as well as the role these resources play in helping entrepreneurs overcome constraints. A study of four cases with six activities from Vietnam and Japan found that entrepreneurs who have succeeded in dealing with constraints attribute them to specific problematic components within a specific activity (partial constraint), rather than the entire resource (entire constraint). They resolve these constraints by selecting and creating new activities that utilise other components and a combination of constraining and non-constraining elements. This is supposed to be the relationship between resource analysis and the construction of psychological resilience. This implies a practical step-by-step process for recognising partial constraints and leveraging resource components, which can be applied in entrepreneurial training programs.

Keywords: resource-based constraint response; dynamism of resource analysis; relationship; psychological resilience; partial constraint.

DOI: 10.1504/IJESB.2025.146150

International Journal of Entrepreneurship and Small Business, 2025 Vol.55 No.6, pp.1 - 19

Received: 13 Nov 2024
Accepted: 19 Jan 2025

Published online: 07 May 2025 *