Resilience capital roadmap during and post COVID-19: A recovery-based framework

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Muhammad Fajar Wahyudi Rahman, Anang Kistyanto, Ali Roziqin, Ahmad Ajib Ridlwan, Febrika Yogie Hermanto

2024 Strategies and Frameworks for Relearning in Organizations Book chapter Cited by 1 Quartile

Abstract

The aims of this chapter are to systematically review the development of the literature on a roadmap framework based on resilience and the recovery of MSMEs from the crisis that emerged due to the COVID-19 pandemic. In addition, this research is used to identify research topics that must be carried out and research opportunities in the future. A systematic literature review was performed, analyzing studies related to COVID-19, MSMEs or SMEs, and resilience. The authors propose a resilience roadmap during the crisis with a recovery-based framework for reviving the MSMEs post COVID-19. The roadmap outlines six prominent resources or clusters for building resilience processes: health capital, psychological capital, human capital, social capital, technological capital, and economics capital through six applications of resilience capital and grouped into two strategies recovery-based framework. They argue that by using a resilience roadmap with a recovery-based framework that is inclusive, the MSMEs may transform into a new global economy with make policies to respond to the crisis. © 2025, IGI Global. All rights reserved.

Affiliations

Universitas Negeri Surabaya, Indonesia; Universitas Muhammadiyah Malang, Indonesia