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Resilience of small- and medium-sized enterprises as a correlation to community impact: an agent-based modeling approach.
- Source :
- Natural Hazards; Jan2018, Vol. 90 Issue 1, p79-99, 21p
- Publication Year :
- 2018
-
Abstract
- Access to government funding is one of the most effective ways to enhance the resilience for small- and medium-sized enterprises (SME) community after a disaster. Along these lines, a major focus of SME resiliency research has been on examining factors needed to keep an SME open after a disaster. This makes sense as SMEs are critical to community recovery. It seems logical that the severity of a disaster would indicate the impact to a community. Using a systems thinking methodology, we developed a hypothesis that this correlation of severity to impact breaks down over time, causing the community to quickly spiral into trouble. This paper presents an agent-based model to test our hypothesis. The results indicate the impact to a community becomes much more extreme after a threshold or 'tipping point' is crossed. [ABSTRACT FROM AUTHOR]
- Subjects :
- SMALL business
ORGANIZATIONAL resilience
DISASTER resilience
JOB creation
Subjects
Details
- Language :
- English
- ISSN :
- 0921030X
- Volume :
- 90
- Issue :
- 1
- Database :
- Complementary Index
- Journal :
- Natural Hazards
- Publication Type :
- Academic Journal
- Accession number :
- 126684205
- Full Text :
- https://doi.org/10.1007/s11069-017-3034-9