COVID-19 pandemic digitization lessons for sustainable development of micro-and small- enterprises

Bai, Chunguang; Quayson, Matthew; Sarkis, Joseph

doi:10.1016/j.spc.2021.04.035

Cited by 255 publications

(198 citation statements)

References 101 publications

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“…MSME business groups and the household sector can take advantage of these technological developments. Therefore, a technological literacy approach that is more directly touching the grassroots of the community is needed (Bai et al, 2021;Wanasida et al, 2021).…”

Section: Social Resilience Of the East Java Community Against Covid-19mentioning

confidence: 99%

Impact of MSME Assistance Program by East Java Province to Resolve the Economic Impacts of Covid-19

Adriyanto¹,

Maryanti²,

Pambudi³

2021

ijss

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This paper aims to provide a perspective on assistance to MSMEs in East Java in the face of the Covid-19 pandemic. So far, MSMEs have been proven to be one of the economic drivers that accommodate the majority of workers in Indonesia. The existence of the Covid-19 Pandemic has depressed MSMEs throughout Indonesia and often have to go out of business. It seems that the government assistance that has been provided in the context of Covid-19 is still focused on individual or family assistance. Therefore, the authors consider MSMEs to be an essential factor in efforts to overcome the impact of Covid-19, especially in East Java. This paper uses the review literature as a method of data collection and research. The research results are expected to be an input for the Government, especially East Java Province, to consider the existence of capital assistance for MSME’s.

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Section: Social Resilience Of the East Java Community Against Covid-19mentioning

confidence: 99%

Impact of MSME Assistance Program by East Java Province to Resolve the Economic Impacts of Covid-19

Adriyanto¹,

Maryanti²,

Pambudi³

2021

ijss

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“…Innovation is also carried out using business strategies through the adoption of digital transformation to maintain its continued existence until the post-pandemic era (Bai et al, 2021). The digital transformation that is prioritized is digital payments using mobile money, which needs the support of the government, supply chain partners, and the community.…”

Section: Introductionmentioning

confidence: 99%

The Bamboo Business in Tasikmalaya, Indonesia, During the COVID-19 Pandemic

Widiyanto¹,

Suhartono²,

Utomo

et al. 2021

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Globally, various sectors were adversely affected by the emergence of the COVID-19 pandemic. Therefore, this study aims to determine the economic condition of bamboo craftsmen in Mandalagiri Village, Leuwisari District, Tasikmalaya Regency, West Java Province, Indonesia. This is an in-depth research with data obtained by interviewing 35 bamboo craftsmen with various products and production scales. The results showed that craftsmen were not economically affected by the pandemic rather by the central government-stipulated regulation on social distancing, which led to their inability to transport their product from Tasikmalaya to Jakarta and other regions. However, since the government lifted the ban, their income has increased by an average of 2%. The result further showed that the main factor that keeps craftsmen from being negatively affected by the pandemic is the increasing online market demand supported by the availability of raw materials and the ability to adapt to various new model products. Other factors linked to the national market and products answer the demand of the modern market in the cities. Meanwhile, the main factors that positively affect the craftsmen's income are age and marital status.

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“…The effects of a pandemic are analyzed in macroeconomic terms, e.g., the impact of a pandemic on oil prices (Gil-Alana and Monge 2020), on the returns of digital companies (Ben-Ahmed et al, 2021, Hyman et al, 2021, or from a microeconomic level, e.g., the impact of a pandemic on individual enterprises (Margherita and Heikkila 2021;Wu et al, 2021;Golubeva 2021;Grima et al, 2020) or enterprises in a given industry (Kaczmarek et al, 2021;Chen et al, 2020;Khan et al, 2020). The literature on the subject also includes studies on the impact of the pandemic on the activities of the enterprises from the SME sector (Bai et al, 2021, Markovic et al, 2021Dai et al, 2021) or on large corporations (Margherita and Heikkila 2021). There are studies showing the impact of the pandemic on the activities of listed companies (Shen et al, 2020;Devi et al, 2020;Rababah et al, 2020), but to the best of the authors' knowledge there is no study showing the impact of the pandemic on individual industries in Poland.…”

Section: Introductionmentioning

confidence: 99%

The Impact of the Covid-19 Pandemic on the Financial Performance of Public Companies in Poland

Spoz¹,

Skibińska-Fabrowska²,

Kotlinski³

et al. 2021

ERSJ

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Purpose:This paper sets out to analyze the impact of the pandemic on selected sectors of the economy and specific companies within the industries most affected by the pandemic-related crisis. Approach/Methodology/Design: The study covers selected parameters of financial performance (operating revenues, operating profit/loss, gross profit, total cash flow, cash flow from operating activities, cash flow from investing activities, net cash flow ) on a sample of 115 companies listed on the Warsaw Stock Exchange (WSE) for the period of the first half of 2019 and the first half of 2020. Findings: The results confirm that the exogenous demand and supply side shock has had a varied impact on sectors of the economy and different companies within the same industries. Large enterprises cope better with the effects of the pandemic. Practical Implications: This research and its results may be helpful for managers in crisis management in enterprises and for the government in adjusting the scope and forms of support for enterprises affected by the pandemic. Originality/Value: This study fills a gap in the literature by analyzing the impact of the economic crisis on the financial results of individual industries and enterprises in Poland. The research pointed out that the impact of the pandemic on the financial situation of enterprises within one industry isn't uniform and one-way (some companies improve their financial performance and others post a significant deterioration in their financial standing) and the large enterprises cope better with the effects of the demand and supply side shock.

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COVID-19 pandemic digitization lessons for sustainable development of micro-and small- enterprises

Cited by 255 publications

References 101 publications

Impact of MSME Assistance Program by East Java Province to Resolve the Economic Impacts of Covid-19

Impact of MSME Assistance Program by East Java Province to Resolve the Economic Impacts of Covid-19

The Bamboo Business in Tasikmalaya, Indonesia, During the COVID-19 Pandemic

The Impact of the Covid-19 Pandemic on the Financial Performance of Public Companies in Poland

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