The Observational Microeconomics Study of the Phenomenon of Entrepreneur Resilience and Collaborative Innovative Financial Leadership in the United States
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Date
2020
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Sumy State University
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Abstract
The main purpose of the research is to complete the observation of the phenomenon of entrepreneur resilience and collaborative innovative financial leadership in the United States. Starting a new business is a demanding, and stressful process creating significant changes in a business owner’s life (Yang & Danes, 2015). Due to the financial crisis in 2007-2008, chapter 9 bankruptcy in 2013, and the current insufficiency of jobs in Detroit, Michigan, many individuals had to start their microbusiness. Detroit, Michigan suffered the most extensive municipal bankruptcy filings in American history with a debt estimation close to twenty billion dollars (Washburn, 2015).
Keywords
стійкість, устойчивость, resilience, фінансові інновації, финансовые инновации, financial innovation
Citation
Brown, E., Kasztelnik, K. (2020). The Observational Microeconomics Study of the Phenomenon of Entrepreneur Resilience and Collaborative Innovative Financial Leadership in the United States. Financial Markets, Institutions and Risks, 4(3), 24-41. https://doi.org/10.21272/fmir.4(3).24-41.2020