ARC Discovery Grant on „Turning crises into opportunities”

17 January 2022

Frederik von Briel (UQ Business School), Per Davidsson (QUT Business School) and Jan Recker have received a grant totaling AUD $278k from the Australian Research Council to study how high-growth businesses leverage crises as opportunities for scaling. “

Summary:

Being able to adapt and respond to crises such as the COVID-19 pandemic or bushfires is important for Australia's economic development. This project investigates how crises can be turned into opportunities. It analyses the strategic crises responses of business ventures that managed to defy the odds and to achieve high growth because of crises. The outcomes include an improved understanding of the opportunities crises present; and actionable, empirically grounded insights into successful crises responses. As such, the project will make significant contributions to core areas of entrepreneurship and management research. It will also help policymakers and entrepreneurs to improve economic resilience and to foster sustainable economic growth.