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Sustainability 2016, 8(1), 74; doi:10.3390/su8010074

The Resilience of a Small Company and the Grounds of Capitalism: Thriving on Non-Knowledgeable Ground

ALGORITMI Research Centre, University of Minho, Guimarães 4800-058, Portugal
These authors contributed equally to this work.
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Author to whom correspondence should be addressed.
Academic Editor: Giuseppe Ioppolo
Received: 30 November 2015 / Revised: 4 January 2016 / Accepted: 6 January 2016 / Published: 13 January 2016
(This article belongs to the Special Issue Resilient Businesses: Assessment, Approaches and Technology)
View Full-Text   |   Download PDF [859 KB, uploaded 15 January 2016]   |  

Abstract

A case about a small company in Portugal enables an analysis of the resilience of small companies undergoing open innovation environments. Successfully facing non-knowledgeable grounds―which means insecurity, likelihood of disruption risk and uncertainty—is only possible through constant adaptation, by which a company can thrive and, through rational thinking, enable continuity. This study shows that open innovation achieved through agile partnerships can provide the resources and synergies necessary for the continued adaptation of small businesses to environments of high uncertainty. An ability to innovatively adapt is a central characteristic of resilient companies. View Full-Text
Keywords: small companies; open innovation; resilience; Max Weber; non-knowledgeable grounds small companies; open innovation; resilience; Max Weber; non-knowledgeable grounds
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. (CC BY 4.0).

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Cardoso, M.; Ramos, I. The Resilience of a Small Company and the Grounds of Capitalism: Thriving on Non-Knowledgeable Ground. Sustainability 2016, 8, 74.

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