COVID-19 Impact on Micro, Small, and Medium-Sized Enterprises under the Lockdown: Evidence from a Rapid Survey in the Philippines

Shinozaki, Shigehiro; Rao, Lakshman Nagraj

doi:10.2139/ssrn.3807080

Cited by 50 publications

(59 citation statements)

References 9 publications

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“…Usaha Kecil Mikro dan Menengah (UMKM) sebagai penopang perekonomian negara terkena imbasnya. Data menunjukkan, sebesar 48,6 persen UMKM di Indonesia melakukan penutupan usaha, 30,5 persen mengalami penurunan permintaan domestik, 19,8 persen mengalami gangguan rantai pasokan serta 14,1 persen mengalami pembatalan kontrak (Shinozaki & Vandenberg, 2020). Penurunan secara tiba-tiba ini menunjukkan bahwa betapa rentannya dunia bisnis baik di pasar nasional maupun internasional.…”

Section: Iunclassified

Faktor Apa Yang Memengaruhi Kinerja Usaha Mikro Kecil Dan Menengah Selama Covid-19?

Sugiarti¹,

Fauzi²

2021

JESTT

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ABSTRAKPenelitian ini menguji pengaruh kewirausahaan Islam, entrepreneurial orientation, dan market orientation terhadap kinerja Usaha Mikro Kecil dan Menengah (UMKM). Penelitian ini dilakukan pada UMKM yang tergabung dalam One Kecamatan One Center of Entrepreneurship Indonesia (OK Oce Indonesia). Jumlah sampel dalam penelitian ini adalah 142 responden. Penelitian ini berdasarkan pendekatan kuantitatif melalui kuesioner yang diberikan kepada pemilik sekaligus pengelola UMKM. Data dianalisis menggunakan Structural Equation Modeling (SEM) dari software AMOS. Hasil penelitian menunjukkan bahwa terdapat hubungan positif signifikan antara kewirausahaan Islam, orientasi kewirausahaan dan orientasi pasar terhadap kinerja UMKM. Temuan penelitian ini menegaskan bahwa kewirausahaan Islam merupakan faktor penting di antara faktor-faktor lain yang memengaruhi kinerja UMKM. Selain itu, temuan ini berkontribusi pada literatur kinerja UMKM yang dapat membantu pemilik sekaligus pengelola UMKM untuk meningkatkan kinerja bisnisnya.Kata Kunci: kewirausahaan Islam, orientasi wirausaha, orientasi pasar, kinerja. ABSTRACTThis study examines the effect of Islamic entrepreneurship, entrepreneurial orientation and market orientation on performance of micro, small, medium enterprises (MSMEs). This study is conducted on MSMEs that are participate in One Kecamatan One Center of Entrepreneurship Indonesia (OK Oce Indonesia). Total sample in this study is 142 respondents. The study based on quantitative approach through a questionnaire administered on the owner-managers of MSMEs. Data are analyzed using Structural Equation Modeling (SEM) of the AMOS software. The result showed that there is a significant positive relationship between Islamic entrepreneurship, entrepreneurial orientation and market orientation on MSMEs performance. The findings of this study confirm that Islamic entrepreneuship is an important factor among other factors that have influenced over MSMEs performance. Moreover, this findings contribute to MSMEs performance literature that can help MSMEs owner-managers to improve their business performance. Keywords: Islamic entrepreneurship, entrepreneurial orientation, market orientation, performance.

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Section: Iunclassified

Faktor Apa Yang Memengaruhi Kinerja Usaha Mikro Kecil Dan Menengah Selama Covid-19?

Sugiarti¹,

Fauzi²

2021

JESTT

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“…The Philippine economy has moved to the recovery stage, but micro, small, and medium-sized enterprises (MSMEs) are continuing to confront a sharp drop in demand and revenue [10]. The strict lockdown in the high-risk provinces lasted from mid-March to the end of May 2020, resulting in massive economic losses.…”

Section: Profile Of the Respondentsmentioning

confidence: 99%

Analysis of Competitive Strategies of Tourism Industry in the Midst of Covid-19 Pandemic: A Case from Philippines

Jesus

Zolete

2021

IRAJMSS

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This study described the Analysis of Competitive Strategies and Challenges of Tourism Industry in the Midst of Covid-19 Pandemic and provide recommendations. Specifically, it looked into the challenges and recommendations of the owners of operational tourist spots in the selected municipalities in Nueva Ecija which are Bongabon and Laur and analyzed how comparative strategies contribute to the challenges and recommendations of the owners of operational tourist spots. This study used the descriptive-evaluative method and total enumeration for its sampling procedure. As to its findings, to improve the tourism operation of the respondents amidst the Covid-19 pandemic, the result shows that the respondents “always” used competitive strategies in their businesses. Based on the result, the focus-strategy which is one of the elements of comparative strategies was ranked number one, it means that the owners of operational tourism spots wanted to take all the challenges they were encountered amidst pandemic, it is not a barrier for them to stop their businesses that is why they want to know in a market due to their pleasing tourist spots compared to its competitors and they have recommendations on how to innovate and improve their operational tourist spots.

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“…In the World Bank's survey of rms in July 2020, Piza and Lee [2020] nd that 40 percent of rms reported temporary suspension of operations, while 15 percent reported permanent closure. It also seems that the micro, small, and medium-sized enterprises (MSMEs), in particular, have been heavily affected by the lockdown policies and the slow recovery in the business environment [Shinozaki and Rao 2021]. The effect of the pandemic on economic output and activities coincided with the more severe deterioration of labor market outcomes in the country.…”

Section: Aggregate Economic and Labor Statistics: Pre-pandemic Vs Pandemic Datamentioning

confidence: 99%

COVID-19, job loss, and underemployment: who is affected?

Epetia

2021

PRE

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This paper seeks to examine the short-term adverse effects of the labor market disruptions caused by the COVID-19 pandemic on employment by estimating and comparing the probability of job loss, underemployment, and employment gain in January, April, and July 2020. Using data from the Philippine Labor Force Survey, we find that the workers who were most vulnerable to job loss and underemployment amid the COVID-19 pandemic are male, less educated, and those working in sectors that are either with limited operational capacity or not allowed to open at all. On a positive note, the results also suggest that males and less-educated individuals are more likely to gain employment after being jobless in the previous quarter. A policy recommendation is to establish an institutionalized social insurance program, such as an unemployment insurance facility, to protect a wider range of workers from the negative shocks to the labor market.

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COVID-19 Impact on Micro, Small, and Medium-Sized Enterprises under the Lockdown: Evidence from a Rapid Survey in the Philippines

Cited by 50 publications

References 9 publications

Faktor Apa Yang Memengaruhi Kinerja Usaha Mikro Kecil Dan Menengah Selama Covid-19?

Faktor Apa Yang Memengaruhi Kinerja Usaha Mikro Kecil Dan Menengah Selama Covid-19?

Analysis of Competitive Strategies of Tourism Industry in the Midst of Covid-19 Pandemic: A Case from Philippines

COVID-19, job loss, and underemployment: who is affected?

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