Entrepreneurship often involves navigating significant adversities, ranging from financial struggles and client losses to external shocks like natural disasters or pandemics. Resilience, defined as the ability to recover from such challenges, is critical for entrepreneurial survival and success. While prior research often views entrepreneurial resilience as a trait or state of mind, this study shifts the focus to resilience as a dynamic transformation and continuous learning in the face of adversity. As a unique context to examine resilience under extreme circumstances, we study Ukrainian refugees that, despite facing emotional trauma, loss of resources, and limited market access, have turned to self-employment. We draw on 30 semi-structured interviews with female refugee entrepreneurs in Eastern Europe and explore how Ukrainian refugee entrepreneurs enact resilience to overcome adversity, focusing on the process between experiencing adversity and achieving positive adaptation. Using an abductive qualitative approach, our research demonstrated that entrepreneurial resilience is dynamic adaptive transformation and continuous learning enacted by everyday micro-practices over three domains: emotional domain, practical life domain and business domain. This study theoretically advances discussions on entrepreneurial resilience, conceptualizing it as a dynamic everyday practices rather than a static trait.
