COVID-19 Interruptions and SMEs Heterogeneity: Evidence from Poland

Wieczorek-Kosmala, Monika; Błach, Joanna; Doś, Anna

doi:10.3390/risks9090161

Cited by 14 publications

(7 citation statements)

References 57 publications

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“…The results of this study at the same time strengthen the results of previous research conducted by Telagawathi et al (2022), which states that the perceived risk of COVID-19 reduces business performance. Similar results have also been obtained previously by Wieczorek-Kosmala et al (2021), which stated that the perceived risk of COVID-19 did significantly reduce business performance. The results of this study are also strengthened by the results of research from , found that the COVID-19 Risk Perception variable had a negative and significant effect on the business performance variable.…”

Section: Effect Of Covid-19 Risk Perception On Business Performancesupporting

confidence: 90%

The role of innovation capability in mediation of COVID-19 risk perception and entrepreneurship orientation to business performance

Wijaya¹,

Rahmayanti²

2023

10.5267/j.uscm

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The purpose of this study is to explain how innovation capability influences business performance by mediating the effect of Covid-19 risk perception and entrepreneurial orientation. This study's population consists of MSMEs in Bali's tourism and creative industries. Purposive sampling was utilized to choose 90 managers of MSMEs in the tourist and creative economy sectors. Path Analysis with SEM-PLS was employed as the analytical approach. The findings revealed that the COVID-19 Risk Perception had a negative and significant impact on business performance, but the Entrepreneurship Orientation had a positive and significant impact. Furthermore, COVID-19 Risk Perception had a negative and significant impact on Innovation Capability; while the Entrepreneurship Orientation had a positive and significant effect on Innovation Capability; and Innovation Capability had a positive and significant impact on business performance. In addition, Innovation Capability was able to mediate the influence of COVID-19 Risk Perception and Entrepreneurship Orientation on business performance. Therefore, it is important for MSMEs in the tourism and creative economy sectors in Bali to improve their Entrepreneurship Orientation so that they are able to build higher innovation capabilities in order to improve business performance in facing the risks of the COVID-19 pandemic.

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Section: Effect Of Covid-19 Risk Perception On Business Performancesupporting

confidence: 90%

The role of innovation capability in mediation of COVID-19 risk perception and entrepreneurship orientation to business performance

Wijaya¹,

Rahmayanti²

2023

10.5267/j.uscm

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“…SMEs are generally exposed to financial and non-financial risks, but the pandemic has added another risk of uncertainty to maintaining the continuity of their business (Zutshi et al, 2021). The impact of COVID-19 in the study on Polish SMEs was demonstrably more disruptive for micro-enterprises, very young companies and single-person companies (Wieczorek-Kosmala et al, 2021).…”

Section: Introductionmentioning

confidence: 87%

Changes in the perception of business risks to the threat of bankruptcy due to COVID-19

Čepel¹,

Kotásková

2022

ECIE

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The aim of the article is to compare the impact of selected business risks on the threat of bankruptcy of small or medium-sized enterprises (SMEs) before COVID-19 and during the first wave of the COVID-19 pandemic. 688 SMEs from the business environment of the Slovak Republic participated in the research. Business risks, such as market, financial, personnel, operational and strategic risk were examined. Correlation and regression analysis were used to evaluate formulated hypotheses. The results yielded several significant findings. The three most important business risks before COVID-19 include market, financial and personnel risk according to entrepreneurs. Financial risk is the most significant business risk affecting the threat of bankruptcy in the SME segment in the Slovak Republic after the outbreak of COVID-19. The company's financial performance indicators and the ability of respondents to manage financial risk influence the threat of the company's bankruptcy more strongly during the pandemic. The findings are important for state organizations in mitigating the impacts of the COVID-19 pandemic on the business environment of SMEs in the Slovak Republic, as well as for entrepreneurs themselves and organizations that help SMEs.

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“…In the face of dramatic changes brought on by Covid-19 and the Russia-Ukraine war, V4 researchers shifted their focus from the growth and development of FBs to their survival and resilience (Wieczorek-Kosmala et al, 2021;Machek et al, 2019;Marjanski and Sułkowski, 2021;_ Zukowska et al, 2021). Academic studies related to the survivability and growth of FBs have shown the crucial importance of the internationalization domain (Alayo et al, 2019), which is a relatively young research field (Arregle et al, 2021).…”

Section: Cluster Analysismentioning

confidence: 99%

The state of family business research in the Visegrád countries

Csákné Filep,

Martyniuk,

Wojtyra-Perlejewska

2023

JFBM

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PurposeThe institutional context in which family firms operate influences their behaviour and performance, yet literature reviews seldom analyse family firms on a regional basis. To fill this gap, this review aims to present research on family entrepreneurship in the transition economies of the Visegrád countries (V4). In this particular group of European economies, the current formal institutions have largely evolved along Western European lines. However, the transformation of informal institutions appears to be still in its infancy.Design/methodology/approachIn order to identify the most representative authors, the methodologies used, the main research topics and to establish a future research agenda, the authors selected, through a systematic process, 112 papers from the Web of Science up to the year 2022. The authors performed a bibliographic analysis using clustering algorithms, complemented by a traditional literature review.FindingsThe performance of family firms in transition economies has been the subject of very little research. The results allowed the authors to identify four main areas of research: governance, innovation, sustainability, competitive advantage and considering the influence of the region's characteristics on family business behaviour.Originality/valueStudies from transition economies can contribute to a broader understanding of family firms in terms of the impact of the institutional environment (especially the influence of sociological changes and specific historical experiences of family members) on their long-term planning, socioemotional wealth (SEW) protection and ethics. In light of recent events, research from the region may also contribute to the understanding of how and to what extent “familiness” influences crisis management or socially responsible behaviour in family firms.

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COVID-19 Interruptions and SMEs Heterogeneity: Evidence from Poland

Cited by 14 publications

References 57 publications

The role of innovation capability in mediation of COVID-19 risk perception and entrepreneurship orientation to business performance

The role of innovation capability in mediation of COVID-19 risk perception and entrepreneurship orientation to business performance

Changes in the perception of business risks to the threat of bankruptcy due to COVID-19

The state of family business research in the Visegrád countries

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