SOLUTIONS TO INCREASE THE RESILIENCE OF SMALL ENTERPRISES: THEORETICAL ASPECTS

Abstract

In order to determine the factors influencing the resilience of small enterprises, an analysis of the scientific literature was carried out. After conducting a theoretical analysis, it was found that small companies react differently to the same crisis due to emerging new opportunities and abilities to respond and adapt effectively, and the identified opportunities and resources and skills can be used to increase the company's resilience. The article analyzes measures that increase the resilience of small companies, which can be used to overcome crises, shocks or risky situations. In order to be resilient, small companies can apply resilience-building measures such as financial, cognitive and informational resources; competitive and ecological advantage; innovation and digital technologies; dynamic capabilities; strategy implementation; cooperation and learning.