Purpose – Many founders build ventures from disadvantage, lacking the personal resources, networks, and legitimacy often associated with venture development. This study asks how entrepreneurial resilience may operate as a temporal process under such disadvantage, and how founders turn repeated setbacks into momentum. Design/methodology/approach – Using a comparative case analysis of foundersfacing founder-level baseline disadvantage, the study builds case chronologies that trace how founders read and act on setbacks over time across contrasting institutional settings. Findings – The study identifies Disciplined-Opportunity Sequencing (DOS): a time-ordered mechanism in which founders reframe a setback as a signal, then run a disciplined cycle of small, reversible experiments, readouts of money, legitimacy, and learning, and threshold updates that time the switch from prevention to promotion. Two controls pace the cycle: exposure bandwidth (how much is risked at once) and cadence (how fast one cycle follows another). When they misalign, the cycle breaks down into stall (over-prevention), flood (over-promotion), or churn (mistimed switching). Practical implications – The architecture suggests targeted forms of support: incubators can help design probes, train readouts, and calibrate pivots; investors can use exposure bandwidth and cadence as diagnostic signals; policymakers can match instruments to breakdown modes. Originality/value – The study specifies DOS as a process framework of entrepreneurial resilience in which resilient agency is the running cycle itself and identify a temporal architecture through which disadvantage can become generative. Baseline disadvantage provides a setting in which the cycle is especially visible under tight resource margins, thin buffers, and high stakes.
Blooming in adversity: resilience as disciplined-opportunity sequencing in underdog founders / Balzano, M., Trincanato, E.. - In: INTERNATIONAL JOURNAL OF ENTREPRENEURIAL BEHAVIOUR & RESEARCH. - ISSN 1355-2554. - Ahead of Print:Ahead of Print(2026), pp. 1-30. [10.1108/IJEBR-11-2025-1661]
Blooming in adversity: resilience as disciplined-opportunity sequencing in underdog founders
Balzano, Marco
;
2026-01-01
Abstract
Purpose – Many founders build ventures from disadvantage, lacking the personal resources, networks, and legitimacy often associated with venture development. This study asks how entrepreneurial resilience may operate as a temporal process under such disadvantage, and how founders turn repeated setbacks into momentum. Design/methodology/approach – Using a comparative case analysis of foundersfacing founder-level baseline disadvantage, the study builds case chronologies that trace how founders read and act on setbacks over time across contrasting institutional settings. Findings – The study identifies Disciplined-Opportunity Sequencing (DOS): a time-ordered mechanism in which founders reframe a setback as a signal, then run a disciplined cycle of small, reversible experiments, readouts of money, legitimacy, and learning, and threshold updates that time the switch from prevention to promotion. Two controls pace the cycle: exposure bandwidth (how much is risked at once) and cadence (how fast one cycle follows another). When they misalign, the cycle breaks down into stall (over-prevention), flood (over-promotion), or churn (mistimed switching). Practical implications – The architecture suggests targeted forms of support: incubators can help design probes, train readouts, and calibrate pivots; investors can use exposure bandwidth and cadence as diagnostic signals; policymakers can match instruments to breakdown modes. Originality/value – The study specifies DOS as a process framework of entrepreneurial resilience in which resilient agency is the running cycle itself and identify a temporal architecture through which disadvantage can become generative. Baseline disadvantage provides a setting in which the cycle is especially visible under tight resource margins, thin buffers, and high stakes.Pubblicazioni consigliate
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