How International Firms Adapt to Geopolitical Catastrophes: Entrepreneurial Orientation and Political Awareness as Strategic Enablers
Tarun Kanti Bose et al.
What the paper says
ABSTRACT Amid escalating global turbulence, international firms increasingly face geopolitical catastrophes that disrupt markets, supply chains, and institutions. This study examines how firms respond strategically to such disruptions, highlighting entrepreneurial orientation (EO) and international political awareness (IPA) as key behavioral and cognitive enablers. Drawing on dynamic capability and effectuation theories, the paper develops and tests a model linking geopolitical catastrophes to firms' strategic responses—market and operational reconfiguration, political engagement, and collaboration—while assessing the moderating roles of EO and IPA. Survey data from 275 internationally active firms in India and Bangladesh are analyzed using hierarchical regression. Results show that geopolitical catastrophes significantly shape firms' strategic responses, with EO and IPA both enhancing adaptation and strengthening the catastrophe–response relationship. Firms with higher EO exhibit greater innovation and proactiveness, while those with stronger IPA demonstrate superior political foresight and institutional adaptability. Indian firms display marginally higher EO, IPA, and responsiveness.
Evidence weight
Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40
| F · citation impact | 0.50 × 0.4 = 0.20 |
| M · momentum | 0.50 × 0.15 = 0.07 |
| V · venue signal | 0.50 × 0.05 = 0.03 |
| R · text relevance † | 0.50 × 0.4 = 0.20 |
† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.