Coping strategies of selected MSMEs in Laguna one year after COVID-19

Abstract

This paper investigates the coping strategies employed by sample micro, small, or medium enterprises (MSMEs) in Laguna using the SME Competitiveness Grid framework developed by the International Trade Centre (ITC). The paper finds that sample MSMEs in Laguna did not find it easy to access MSME assistance programs, and that many are not even aware that such assistance programs exist. However, most MSMEs were found to be flexible and innovative when it comes to their coping strategies; the most common are through using online platforms and customizing or making new products. The paper also finds that assistance on reduction of fixed and operating costs, improvements in credit access, and greater ease in doing business are the most desired forms of government intervention, consistent with the findings of earlier surveys.

Adverse impact of lockdown during COVID-19 pandemic on micro-small and medium enterprises (Indian handicraft sector): A study on highlighted exit strategies and important determinants

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“…Andal et al [14] has discussed the diverse effect of the pandemic on the MSE industry in the last 1 year. He suggested that financial support to the handicraft industry should be given by the government.…”

The impact of Covid-19 containment lockdowns on MSMEs in India and resilience of exporting firms

“… Abu Hatab et al. (2021) ; Akinwale (2020) ; Andal et al. (2021) ; Beglaryan and Shakhmuradyan (2020) ; Chen et al.…”

Digital Marketing Literacy: Upgrading UMKM Distro dan Clothing Sebagai Strategi Peningkatan Penjualan

“…Penurunan sektor clothing dan fashion selama pandemic mencapai lebih dari 30%, dengan lebih dari 80% UMKM yang bergerak di bidang tersebut mengalami kesulitan keuangan [13]. Dalam menghadapi kondisi sulit seperti ini, para pelaku UMKM dituntut untuk dapat mengimplementasikan strategi yang tepat, untuk meminimalkan risiko kerugian [14]. Bentuk strategi yang tepat digunakan diantaranya adalah menggunakan platform online untuk mempercepat pemasaran produk, dan membantu UMKM meningkatkan penjalan [15].…”