Resilience Strategies for Small Business in Industry 5.0 - (Contemporary Issues in Entrepreneurship Research) (Hardcover)

About the Book

The research curated here considers the emergence and application of Artificial Intelligence (AI) technologies in developing economies. With a balance of theoretical/methodological and empirical chapters, this book is the first substantial study of artificial intelligence and the future of sustainable small businesses in emerging economies.

Book Synopsis

Industry 4.0 focuses on digitization and automation, while Industry 5.0 takes it to the next level of focus, which is human working with advanced technologies, robots, and artificial intelligence. How will small businesses survive? The research curated here considers the emergence and application of Artificial Intelligence (AI) technologies in developing economies. With a balance of theoretical/methodological and empirical chapters, this book will be the first substantial study of artificial intelligence and the future of sustainable small businesses in emerging economies.
Volumes comprise of specially selected papers submitted to the ISBE annual conference in addition to invited external expert contributions. Each volume is designed around a specific theme of importance to the entrepreneurship and small business community. Articles collectively explore and develop theory and practice in the field of entrepreneurship and small business while the emphasis of the research is on quality currency and relevance.

Review Quotes

Resilience Strategies for Small Business in Industry 5.0 is a timely and impactful contribution that captures the transformative pulse of today's industrial evolution. This edited book promises a forward-thinking exploration of how small businesses can thrive amidst rapid technological shifts, human-centric innovation, and sustainability imperatives characteristic of Industry 5.0. What sets this edited book apart is its timing and the seamless integration of theory and practice, which provides not only conceptual clarity but also practical frameworks for real-world resilience. Each chapter presents a rich tapestry of research, insights, and actionable strategies, making it a cornerstone resource for small business stakeholders, academics, business leaders, innovation consultants, and policymakers alike. The contributors bring to life the realities of small enterprises navigating complexity, disruption, and opportunity. Through reflective analysis and future-oriented perspectives, this book offers more than knowledge--it delivers vision, encouragement, and a roadmap for purposeful growth. This is essential reading for those looking to strengthen the resilience of small businesses in the face of uncertainty, while harnessing the human and technological potential of Industry 5.0.

As Industry 5.0 redefines the relationship between humans and machines, moving beyond automation to embrace personalization, sustainability, and collaboration, this book - "Resilience Strategies for Small Business in Industry 5.0" offers a clear, actionable roadmap for small businesses seeking not only to survive but to thrive in Industry 5.0. It is a timely and insightful contribution to the evolving discourse on the future of entrepreneurship in an age of intelligent industry transformation. The authors deftly explore how small enterprises can build adaptive capacity, leverage digital-human synergies, and integrate ethical and sustainable practices into their business models. Drawing from interdisciplinary research and practical case studies, this book equips business leaders, policymakers, and scholars with tools to navigate disruption and foster long-term resilience. I therefore endorse this book for anyone invested in the future of small business whether as a practitioner, academic, or policymaker. "Resilience Strategies for Small Business in Industry 5.0" is not just a manual for survival; it is a manifesto for inclusive and intelligent growth in the next industrial age.

About the Author

Timilehin Olasoji Olubiyi is the acting Dean of Management Sciences and Social Sciences West Midlands Open University in Lagos State Nigeria

Olumide Babatope Longe is the Vice Chancellor of West Midlands Open University in Lagos State Nigeria

K. Suppiah Susela Devi is a Professor of Accounting at the Department of Accounting, Sunway Business School, Malaysia

Mudita Sinha, Christ University, India