Abstract
A micro-enterprise entrepreneur is particularly vulnerable to developing mental health issues due to the pressures of economic volatility. Although resilience is an important factor in helping a person maintain good mental health when faced with difficult situations, the findings of current research do not cover the knowledge needed to describe the process of resilience. This study aims to find an explanation for the process of resilience and understand the resilience from previous economic crises of micro-enterprise entrepreneurs, leading to enhancing characteristics of resilience in the face of repeated economic crises. The study uses a case study method and in-depth interviews with 8 entrepreneurs in Bangkok and surrounding areas who have experienced repeated economic crises. The results showed that resilience is a process caused by emotional mechanism, cognitive mechanism, and resources from networks mechanism. The study also found that past experiences with economic crises can lead to characteristics includes letting go, becoming indomitable, planning and adaptation which can help entrepreneurs deal with future crises. The findings of the study can be used as a guideline for micro-enterprise entrepreneurs and related agencies to promote resilience and as a basis for further research using other methods.
Author Information
Kamolchanok Chumtap, Srinakarinwirot University, Thailand
Amaraporn Surakarn, Srinakarinwirot University, Thailand
Paper Information
Conference: ACP2023
Stream: Qualitative/Quantitative Research in any other area of Psychology
This paper is part of the ACP2023 Conference Proceedings (View)
Full Paper
View / Download the full paper in a new tab/window
To cite this article:
Chumtap K., & Surakarn A. (2023) A Study of the Process of Resilience in the Face of Economic Crises in the Past: A Case Study of Micro-Enterprise Entrepreneurs in Bangkok and Vicinity Who Experiencing Repeated Economic Crises ISSN: 2187-4743 – The Asian Conference on Psychology & the Behavioral Sciences 2023 Official Conference Proceedings https://doi.org/10.22492/issn.2187-4743.2023.19
To link to this article: https://doi.org/10.22492/issn.2187-4743.2023.19
Comments
Powered by WP LinkPress