Abstract

This chapter investigates the issue of IT entrepreneur resilience in geopolitical turbulence. Resilience has progressively become one of the essential capabilities of any business in today's uncertain and unpredictable environment. Business start-ups possess specific characteristics determining the way they respond to global disruptions. Scholars acknowledge that start-ups often lack resources and experience, but at the same time they are innovative and agile, and the latter characteristics help them survive at a time of crisis. In this study, the authors investigate four case studies of Russian start-ups that have recently experienced critical external shocks caused by a geopolitical crisis and subsequent transformation. Radical change in the business ecosystem enforced the studied start-ups to react immediately, which led to a significant business model transformation. The authors analyse in depth the four cases and analysing and explaining how Russian start-ups responded to a disruptive change and what has made them resilient to the challenges of the external turmoil.

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