Funding, Turnover, Sustainability and Digital Technologies: A Multicriteria Research Model for SMEs Facing a Challenging Context

Abstract

The pandemic crisis has meant a challenge for SMEs and a factor that can change the way of doing business. The current paper analyses the correlations between financial resources, turnover, sustainability, and digital technologies and how these components can be adapted to changes in the economy triggered by the pandemic crisis in the structure of activities carried out by SMEs. Resting on the importance of integrating the innovative, digital component to the activities of SMEs, in close connection with the financial resources component, a multicriteria research model for business has been developed, assessing the correlations between key variables and their influence on European SMEs. In order to fully define the concepts envisaged and to emphasise these correlations, multiple linear regression, clustering techniques, and correlation analysis were used. In the end, the proposed solution provided a common language through which companies can evaluate traditional processes and bring together the research components into business activities.

The Effect of Perceived Risk, Benefit, and Ease of Credit on Credit-Making Decisions Among MSMEs in Sragen Regency

“…In some ways, this poses a risk to the funding institution, such as a decrease in income. In this case, the government and institutions providing capital need to collaborate in providing systems and policies to encourage credit convenience while providing appropriate benefits to MSMEs to support business continuity (Del Baldo et al, 2022).…”

Identificación del marco jurídico en protección al ambiente y responsabilidad social en México

“…A partir de los cambios en la economía desencadenados por la COVID-19 se encontró que independientemente de su ubicación geográfica y clasificación, a nivel de clúster, las MiPymes deben ser conscientes de que la tecnología puede apoyarlas en la identificación de respuestas a los nuevos desafíos que representa la economía pandémica (Del Baldo et al, 2022).…”

Digital Technologies Application and Competitive Advantage for MSMEs Sustainability and Market Performance

“…Despite having a strategic role, the Covid-19 Pandemic has affected in most MSMEs experiencing a fall-off in performance (Dua et al, 2020). Therefore, MSMEs must quickly adapt to an uncertain environment, implementing appropriate strategies such as innovation and digitalization to maintain their business (Del Baldo et al, 2022;Zutshi et al, 2021). In the new normal era, MSMEs owners must have different and superior business ideas to enter the market because competitors are increasingly aggressive (Respatiningsih, 2021).…”

“…This research is interesting because first, there are findings that MSMEs owners are less interested in technology because of unsafe online payments and lack of privacy (Gwee & Giantari, 2021). Second, a common managerial understanding so of the High Cost of Capital (Del Baldo et al, 2022). Third, consumers are more critical in choosing products, so that competition in e-commerce is getting more demanding (Srikalimah et al, 2020).…”