Dynamic Resource Analysis and the Development of Psychological Resilience: An Entrepreneurial Perspective

Psychological resilience has received much attention in academic research and practical applications due to its effectiveness in helping individuals to cope with pressure. However, few studies have examined how resource-based responses to constraints affect the psychological resilience of entrepreneurs, as well as the role these resources play in helping entrepreneurs overcome constraints. A study of four cases with six activities from Vietnam and Japan found that entrepreneurs who have succeeded in dealing with constraints attribute them to specific problematic components within a specific activity (partial constraint), rather than the entire resource (entire constraint). They resolve these constraints by selecting and creating new activities that utilise other components and a combination of constraining and non-constraining elements. This is supposed to be the relationship between resource analysis and the construction of psychological resilience. This implies a practical step-by-step process for recognizing partial constraints and leveraging resource components, which can be applied in entrepreneurial training programs.