THE UNDERSTANDING OF RESILIENCE AND THE ROLE OF ENTREPRENEURSHIP IN ITS IMPLEMENTATION

Abstract

The economic and political stability of a country is essential for the development of a successful entrepreneurship environment, at the same time creating the sustainability of economy and entrepreneurship as well as the development as a priority is no more a novelty in the political schedule. Yet, the creation of the National Development plan of Latvia for 2014-2020 facilitates a completely new type of discussion that is based on the development priority, included in the plana person’s resilience. The translation of this term is relatively new, therefore there exist different explanations of what ‘resilience’ really means. The current situation is characterized by the absence of a discussion, so there is an insufficient understanding of the term, despite its widespread application in the world. In Latvia, the word causes serious misunderstanding and a doubt, both - in the academic and business environment. Moreover, although the creation of resilience is closely connected with the collaboration of both - public and private sectors, the discussion, connected with the involvement of the private sector in creating resilience has so far been missing. The aim of the work is based on a critical literature analysis and expert interviews, to clarify the basic principles of implementing resilience, and establish the significance of the entrepreneurship environment in implementing the national resilience. The task of the work is to analyse the theoretical basis of resilience and evaluate the results of the expert interview. In the work the graphic, monographic methods, as well as expert interviews are used

Keywords

• resilience, sustainability, national development, entrepreneurship

References

1. Boin, McConnell (2007), “Preparing for Critical Infrastructure Breakdowns: The Limits of Crisis Management and the Need of Resilience”, Journal of Contingencies and Crisis Management, Vol.15, No.1, pp. 50-59.
2. Daigger, Dolesh, Hanlon, Jacobson, Mehan, Mendez (2010),” Promote Sustainability and Resilience”, Civil Engineering. Vol. 80, pp. 52-61.
3. Emmers (2009), “ Comprehensive security and resilience in Southeast Asia: ASEAN's approach to terrorism”, Pacific Review, Vol. 22, pp. 159- 177.
4. Gail (2011), “ National Security as a Corporate Social Responsibility: Critical Infrastructure Resilience”, Journal of Business Ethics, Vol. 103 , pp. 111-125.
5. Herman, Stewart (2011), “ What is resilience?”, The Canadian Journal of Psychiatry, Vol. 56, No.5, pp. 258-265.
6. Masten (2009), “Ordinary Magic: Lessons from research on resilience in human development”, Education Canada Vol. 49, No 3, pp. 28-32.
7. Norton (2007), “The crisis in our Critical National Infrastructure”, Public Policy Research, Vol. 14, No 4, pp. 244-247.
8. Read (2005), “Some Observations On Resilience And Robustness In Human Systems”, Cybernetics & Systems, Vol. 36 No 8, pp. 773-802.

9. Steinberg (2009), “Institutional Resilience Amid Political Change: The Case of Biodiversity Conservation”, Global Environmental Politics, Vol. 9 No 3, pp. 61-81.
10. Thomas (2007), “Community Resilience – Exploring The Conceptual Framework”, Bulletin of the American Meteorological Society, Vol. 88, No 3, pp. 406-407.
11. Estonian Ministry of Defence (2011), National Defence Strategy, 26.pp. Database, http://www.mod.gov.ee [Accessed 13.05.2012.]
12. European Programme for Critical Infrastructure Protection. Database, http://europa.eu/legislation_summaries/justice_freedom_security/fight_aga inst_terrorism/l33260_en.htm [Accessed 13.08.2012.]
13. The Millenium Project. Database, http://www.millennium- project.org/millennium/Global_Challenges/chall-05.html [Accessed 13.07.2012.]