Factors influencing small and medium-sized enterprise (SME) resilience during the COVID-19 outbreak
TQM Journal
; 2023.
Article
in English
| Scopus | ID: covidwho-2304733
ABSTRACT
Purpose:
This research paper highlights the economic impact on small and medium-sized enterprises (SMEs) due to Coronavirus outbreaks. It proposes factors that influence the strengthening and survival of SMEs. Design/methodology/approach:
In this research, resilience is reflected in the following aspects hope, problem resolution and persistence. This quantitative study analyses a purposive sample of 120 small and medium-sized firms in India. The study's primary data are the responses to questionnaires issued to respondents, analyzed and hypotheses formed and tested using the structural equation modeling (SEM) technique.Findings:
The study results show that all the variables significantly reduce the impact of COVID-19 on SMEs. The presented model is expected to help researchers, business modelers, analysts and real professionals with further studies in the SME context. Originality/value This new approach adds to the business resilience knowledge of SMEs and has practical implications for manufacturing organizations seeking to become robust during and after COVID-19. © 2023, Emerald Publishing Limited.
Business resilience; COVID-19; Entrepreneurial traits; Government support; Prosocial leadership; SME; Technology utilization; Enterprise resource planning; Coronaviruses; Design/methodology/approach; Economic impacts; Entrepreneurial trait; Government supports; Research papers; Small and medium-sized enterprise
Full text:
Available
Collection:
Databases of international organizations
Database:
Scopus
Language:
English
Journal:
TQM Journal
Year:
2023
Document Type:
Article
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