The Effect of Muslim Religiosity and Innovation Capability on Firm Survival: A Study on Small Enterprises During the Covid-19 Pandemic

Utomo, Humam Santosa

doi:10.21043/iqtishadia.v13i2.7626

Cited by 13 publications

(15 citation statements)

References 37 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…The results also show that a combination of high CBA, OIC and REC improves SMEs’ survival strategies even in the absence of MES during the pandemic. These findings are in accordance with those of Gerald et al (2020), Kuckertz et al (2020), Lin et al (2020), Utomo (2020), Kristinae et al (2020), Jiang and Wen (2020) and Giones et al (2020). The previous studies have identified SMEs’ CBA, OIC and RCE, such that solutions (recipes) explain the model, thereby leading these firms’ survival strategies during the COVID-19 pandemic.…”

Section: Resultssupporting

confidence: 87%

“…The results also indicate that SME’s survival strategy during COVID-19 results from the interactions of multiple conditions; and establish causal symmetry, which refers that all five antecedents significantly influence SME’s survival strategy during COVID-19 that characterised the relationship amongst the antecedents of SME’s survival strategy during COVID-19. This finding also supports that among all antecedents, SME’s business agility and innovation capability strongly influence to SME’s survival strategy during COVID-19, which also further supports previous research findings (Gerald et al , 2020; Vidmar et al , 2020; Utomo, 2020; Wanasida et al , 2021).…”

Section: Discussionsupporting

confidence: 90%

See 1 more Smart Citation

Survival strategies of SMEs amidst the COVID-19 pandemic: application of SEM and fsQCA

Rahman

Fattah

Bag³

et al. 2022

JBIM

View full text Add to dashboard Cite

Purpose As a global pandemic, the COVID-19 crisis has profoundly affected the development of local firms, threatening the survival of small and medium enterprises (SMEs). This study aims to present an integrated framework by investigating the impact of strategic tools (i.e. firms’ capability of business agility, marketing operational efficiency, optimisation of innovation capability [OIC], managing employees’ satisfaction and rethinking customers’ experience) on the survival strategies of SMEs amidst the COVID-19 pandemic. Design/methodology/approach The current study used data from managers of SMEs and conducted an asymmetrical analysis (i.e. structural equation modelling [SEM]) to investigate the factors influencing the survival strategies of SMEs amidst the COVID-19 pandemic. This study also applied an asymmetrical approach (i.e. fuzzy sets qualitative comparative analysis-fsQCA) to explore the causal recipes and analysis of the necessary conditions to identify the factors required to achieve the expected outcome. Findings Results from SEM support all hypotheses. Results from fsQCA with the same data set show that firms’ business agility and OIC are necessary conditions for SMEs’ survival strategies. The result from fsQCA also reveals multiple sufficient conditions to succeed SMEs’ survival strategies amidst the COVID-19 pandemic. Practical implications Findings prescribe how SMEs adapt to this vulnerable business condition by applying the strategic tools and recipes suggested for survival. Originality/value This research applied an innovative analysis to reveal necessary and sufficient conditions that conventional methods such as SEM have limited power. This pioneering research in the context of the COVID-19 pandemic is considered novel in terms of the prescriptive strategic recipes offered to SMEs to adapt to and survive in the crisis caused by COVID-19.

show abstract

Section: Resultssupporting

confidence: 87%

Section: Discussionsupporting

confidence: 90%

Survival strategies of SMEs amidst the COVID-19 pandemic: application of SEM and fsQCA

Rahman

Fattah

Bag³

et al. 2022

JBIM

View full text Add to dashboard Cite

show abstract

“…Constraints in paying bank loan installments amid a decline in demand for furniture orders This data illustrates that most MSME players (78%) undertake strategic steps by making innovations in producing products and services to survive the crisis caused by the Covid-19 pandemic. This is consistent with results of the study in Yogyakarta of Utomo (2020) that the ability of SME's innovation may improve firm survival during Covid-19 pandemic.…”

Section: Furniture Trading Micro-equity and Bank Loan (Kur)supporting

confidence: 92%

The Advantages of the Micro Equity Model for Msme Business Resilience in Yogyakarta During Pandemic

Hartono

Diponegoro

Yuliawan

2021

jmk

View full text Add to dashboard Cite

Many MSME business enterprises were severely hit during the Covid-19 pandemic. This study examined a micro equity financing model as an innovative answer to conventional loans in assisting MSME to survive during and after the pandemic. The micro equity financing model employed a profit-sharing system with flexible repayment and without collateral. A qualitative, descriptive data processing approach was employed. Interviews were conducted online with respondents of MSME that use the micro equity model in the Trust Network Finance (TNF) project in Yogyakarta. It was found more than 75% of MSMEs in Yogyakarta had experienced contractions on the marketing of their business. And more than 50% of MSME players in Yogyakarta had experienced problems in repaying loans due to the Covid-19 pandemic crisis. We suggested from the results that the micro equity model had shown to provide many benefits to MSME, especially in marketing and financial aspects, such as more accessible loan applications, flexible repayment schedules, and business assistance.

show abstract

“…They used religion and spirituality to cope with their mental and physical health. It is assumed that religion plays a pivotal role in the life of entrepreneurs in times of the COVID-19 crisis ( 80 ).…”

Section: Discussionmentioning

confidence: 99%

Mental Health Survey of Social Entrepreneurs During COVID-19: A Study From Pakistan

Hussain

2022

Front. Psychiatry

View full text Add to dashboard Cite

BackgroundCOVID-19 is widely considered one of the worst pandemics in history, resulting in worldwide lockdowns, social isolation, unemployment, and economic recession. With the prolongation of COVID-19, numerous people experience stress, depression, and other mental health challenges. Recently, several studies have been documented in the literature on mental health issues among students (related to medical or other fields), teachers, medical personnel, and nurses in the wake of the COVID-19 pandemic. However, social entrepreneurs (SEs) have received insufficient attention. This study aims to conduct an online survey in Pakistan's five major cities to investigate more about the mental health status of social entrepreneurs.Materials and MethodsAn online survey which included the Patient Health Questionnaire-9 (PHQ-9) and Generalized Anxiety Disorder-7 (GAD-7) was employed to collect data. The data analyses were carried out employing descriptive statistics, chi-square test, and multiple regression analyses.ResultsA total of 840 social entrepreneurs from Pakistan participated in the survey. Among these, 366 (43.6%) were female and 474 (56.4%) were male. The findings revealed that 709 (84%) social entrepreneurs were suffering from depression symptoms, and 600 (80%) were suffering from anxiety symptoms. The majority of social entrepreneurs with depression (N = 546) and anxiety (N = 567) had mild and moderate stages. In addition, optional open-ended questions were asked from SE participants that help to understand their perception and response to the COVID-19 pandemic.ConclusionThe study concluded that several SEs in major cities of Pakistan were experiencing depression and anxiety symptoms. Based on data analysis, male SEs were highly suffering from depression and anxiety than female SEs. Limited resources and changes in customers' behavior were one of the major problems that lead SEs to depression and anxiety during the COVID-19 epidemic. In addition, SEs revealed that the lack of a social business execution policy is the most distressing factor for them. Therefore, a local government must take rigorous precautionary measures to prevent mental health issues among social entrepreneurs. Moreover, the Government of Pakistan needs to adopt supportive policies to assist social entrepreneurs in stressful circumstances.

show abstract

The Effect of Muslim Religiosity and Innovation Capability on Firm Survival: A Study on Small Enterprises During the Covid-19 Pandemic

Cited by 13 publications

References 37 publications

Survival strategies of SMEs amidst the COVID-19 pandemic: application of SEM and fsQCA

Survival strategies of SMEs amidst the COVID-19 pandemic: application of SEM and fsQCA

The Advantages of the Micro Equity Model for Msme Business Resilience in Yogyakarta During Pandemic

Mental Health Survey of Social Entrepreneurs During COVID-19: A Study From Pakistan

Contact Info

Product

Resources

About