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Climate resilience is a concept to describe how well people or ecosystems are prepared to bounce back from certain climate hazard events. The formal definition of the term is the "capacity of social, economic and ecosystems to cope with a hazardous event or trend or disturbance".
In Canada, threats to the country's overall economic security are considered economic espionage, which is "illegal, clandestine or coercive activity by a foreign government in order to gain unauthorized access to economic intelligence, such as proprietary information or technology, for economic advantage."
Resilience and reliability are two different concepts. Resilience, as defined by the Random House Dictionary of the English Language, refers to the ability to return to the original state after being stretched, compressed, or bent. Moreover, resilience involves recovering from adversity, illness, depression, or other similar situations.
Avery-Stoss said The Institute has released released a study of the region's economic resilience. According to Avery-Stoss, the organization's Jobs, Economy, and Economic Development Task Force ...
Community resilience is the sustained ability of a community to use available resources (energy, communication, transportation, food, etc.) to respond to, withstand, and recover from adverse situations (e.g. economic collapse to global catastrophic risks). [1] This allows for the adaptation and growth of a community after disaster strikes. [2]
Jul. 13—WILKES-BARRE — Jill Avery-Stoss, chief operating officer at The Institute, this week said technology and innovation point to economic resilience, opportunity, as well as improved ...
Resilience is a multi-facet property, covering four dimensions: technical, organization, social and economic. [6] Therefore, using one metric may not be representative to describe and quantify resilience. In engineering, resilience is characterized by four Rs: robustness, redundancy, resourcefulness, and rapidity.
For a long time, the interpretation of resilience in the sense of engineering resilience prevailed in supply chain management. [1] It is implied here that supply chain is a closed system that can be controlled, similar to a system designed and planned by engineers (e.g. subway network). [5]