Is there a connection between psychological ownership and entrepreneurial resilience?

Abstract

The vulnerability of SMEs was a primary concern for policymakers across the globe following the disruptions posed by COVID-19 as SMEs form an essential part of the economy; hence, their resilience has become an important topic for research and discussion. Within SMEs, entrepreneurial firms are an indispensable group and management literature has highlighted that ownership acts as a source of competitive advantage for organisations. Through this research, we wanted to explore the relationship between psychological ownership and entrepreneurial resilience. A systematic literature review revealed that psychological ownership and entrepreneurial resilience are linked through the individual’s cognitive, effective and emotional attributes.