Efeito moderador da crise econômica e da turbulência de mercado em pequenas empresas da Amazônia Legal

Abstract

Objective: To investigate the moderating effect of the economic crisis (CS) and market turbulence (MT) variables in the relationship between open-mindedness (OM) and entrepreneurial resilience (ER) of managers working in small companies located in the Legal Amazon.Method/approach: Data analysis involved Exploratory Factor Analysis (AFE), Confirmatory Factor Analysis (CFA) and Structural Equation Modeling (SEM) of 299 managers working in small businesses in the Legal Amazon.Originality/Relevance: This article advances in the analysis of the relationship between the OM, ER, CS and TM variables during the Covid-19 pandemic period. In addition, the participation of managers of small companies in the Legal Amazon can contribute to decision-making in a region with resource asymmetry.Main results: The empirical model demonstrates the moderating effect of the CS and TM variables on MA and RE in a resource-constrained environment further aggravated by the effects of the Covid-19 pandemic.Theoretical/methodological contributions: First empirical evidence involving the moderating effect of the CS and TM variables in the relationship between OM and ER with the participation of managers of small companies located in the Legal Amazon. It is recommended that new theoretical and empirical models be tested in different regions, in order to advance the findings.Practical implications: This article provides useful information for managers of small companies located in geographical regions with resource constraints, difficult access, social inequality and low population income, typical of developing countries.