The resilience of a small company and the grounds of capitalism: Thriving on Non-Knowledgeable Ground

Abstract

A case about a small company in Portugal enables an analysis of the resilience of small companies undergoing open innovation environments. Successfully facing non-knowledgeable grounds-which means insecurity, likelihood of disruption risk and uncertainty-is only possible through constant adaptation, by which a company can thrive and, through rational thinking, enable continuity. This study shows that open innovation achieved through agile partnerships can provide the resources and synergies necessary for the continued adaptation of small businesses to environments of high uncertainty. An ability to innovatively adapt is a central characteristic of resilient companies.