How small businesses are coping with the impact of COVID-19: Results from a survey in Turkey and the Middle East

Hoorens, Stijn; Hocking, Lucy; Fays, Clement

doi:10.7249/rra607-1

Cited by 7 publications

(6 citation statements)

References 0 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…The results of this study confirm the findings of similar studies from different geographical locations that focus on a central theme: that MSMEs have faced far more negative impacts due to the pandemic [13,[33][34][35]. This study confirms that MSMEs experienced disruption to their usual business operations and a reduction in revenue.…”

Section: Comparison Discussion and Study Limitationssupporting

confidence: 87%

Assessment of the Impact of COVID-19 on Operations of Local Businesses and Level of Enforcement of Public Health Safety Measure within Business Premises: A Quantitative Study of Businesses in Huye-Rwanda

et al. 2021

View full text Add to dashboard Cite

The impact of COVID-19 has been felt across all sectors, from transportation, education, and public works to the daily operations of businesses like selling, retailing, and so forth. The business sector is among those badly affected, especially micro, small, and medium enterprises. The understanding of ground prevailing conditions is key in driving informed policies that would have meaningful impact on society with regard to overcoming the effects of the virus. Hence, this work is an attempt to report the real ground statistics and necessity of technological support with the goal of submitting a report of recommended policies to the concerned authorities. In this direction, this work presents the outcome of a survey conducted to assess the impact of COVID-19 on operations of micro, small, and medium enterprises and also to find out the interventions put in place around business environments so as to enforce adherence to COVID-19 health safety measures. The survey was part of a study to develop automated IoT-powered technological solutions that would help to enforce proper mask wearing in indoor environments and also observance of social distance requirements within business premises. A customized questionnaire was designed to capture data on various aspects central to the focus of the study. The study was carried out in the month of May 2021, in the Huye district of Rwanda. According to the survey findings, the major challenges faced by businesses due to COVID-19 include failure by clients to settle bills, reduced ability to expand investment, difficulty in accessing inputs domestically, lower domestic sales to consumers, and lower domestic sales to businesses. The results also reveal some positive points that most businesses were found to have: hand washing points, hand sanitizer dispensers, and mechanisms to enforce social distance between customer and customer and also customer and front desk worker. In a nutshell, this work is unique in terms of (1) the customized questionnaire about Rwanda’s needs, (2) field visit-based data collection for accurate data, and (3) including an assessment of the importance of technological intervention for better handling of public safety, especially in the MSME business sector.

show abstract

Section: Comparison Discussion and Study Limitationssupporting

confidence: 87%

Assessment of the Impact of COVID-19 on Operations of Local Businesses and Level of Enforcement of Public Health Safety Measure within Business Premises: A Quantitative Study of Businesses in Huye-Rwanda

et al. 2021

View full text Add to dashboard Cite

show abstract

“…Based on a systematic literature review, Zutshi et al ( 2021 ) identify three main groups dealing with strategic recommendations for SMEs after COVID-19. The first group focuses on the economic impact of the pandemic on small firms (Hoorens et al,et al 2020 ) and how managers can be prepared to cope with an eventual crisis (Jain et al 2019). The second group focuses on the current impact of pandemic on SMEs with their different impacts (Bartik et al 2020 ) as well as the long-term impact of COVID-19 restrictions on survivability (Bartik et al,et al 2020 ).…”

Section: Introductionmentioning

confidence: 99%

IT Capabilities, Strategic Flexibility and Organizational Resilience in SMEs Post-COVID-19: A Mediating and Moderating Role of Big Data Analytics Capabilities

Wided

2022

Glob J Flex Syst Manag

View full text Add to dashboard Cite

This research provides a novel progression to the existing research about big data analytics capabilities (BDAC) by investigating and measuring its influence on organizational resilience and strategic flexibility. Toward that end, 400 different SMEs in Saudi Arabia were approached. Data were collected via questionnaire. Results confirm that the ability to handle big data analytics totally mediates the relationship between IT capabilities and strategic flexibility. Big data infrastructure flexibility has a negative effect on strategic flexibility. Big data personal expertise not only negatively affects the relationship between IT capabilities and strategic flexibility but also stimulates and reinforces the relationship between strategic flexibility and organizational resilience. The critical pathway developed and tested the trend to make the organization as an immune system able to make the best of the worst. This implies the urgent need for policymakers and managers to adopt and comprehend the concept of BDAC instead of IT capabilities to define oriented plans specifically formulated for stimulating strategic flexibility and organizational resilience. By adopting the proposed model, SMEs can interact more effectively internally and externally.

show abstract

“…They 'play vital role in the global and national economy of countries (Brown, 2020). In the Middle East and North Africa (MENA) region, "Over 90% of SMEs are very small, employing less than 50 people, yet SMEs contribute to 60% of GDP and 70% of employment" ( Hoorens et al,2020 ), with women entrepreneurial sector gaining importance in the economic development process, mainly via SMEs and NGOs aiming to empower women in economic development ( Klaa,2019). In 2018 the number of SMEs operating in Scotland was 343,535, accounting for 99.3% of all private sector firms and employing around 60% of the Scottish workforce (Brown, 2020).…”

Section: Importance Of Smesmentioning

confidence: 99%

السياحة البيئية والاقتصاد الدائري في مدينة الكرك التاريخية

2023

HNSJ

View full text Add to dashboard Cite

Circular Economy is considered by many as a promising approach for achieving economic, social, and environmental sustainability, simultaneously on the ground, in short, and long terms, and so saving the planet, the business, and people's livelihood. Covid-19 pandemic and shutdown of businesses, demolishing of social lifestyle beyond recognition, with approval or non-resistance of almost everyone, have shown an extreme example of how much drastic changes are possible, and overnight, without a ratified five-year plan, or social unrest, at least at the first month. This paper reviews recently published articles (in 2020) that are looking at impacts related to Circular Economy implementation, opportunities, and lost ones, for public and private organizations, with a focus on SMEs, during the Covid-19 Pandemic, which started globally in February 2020 and still ongoing. SMEs are very important for any economy, and they can be an irreplaceable player at crises times for instance to provide jobs, provide the link between polices and people and to feed the nation. SMEs however are small by definition, with small budget and staff, and less access to bank loans and also, they are more vulnerable to shutdown and movement restrictions. The research main question is how can SMEs be enabled to play their vital role in getting nations through the crises, understanding current impacts and opportunities for pushing towards a greener and more sustainable development.A systematic review focused on environmental impacts of the pandemic and showed conflicting findings. Economic and social impacts were also reviewed. The different impacts mentioned in different literatures were discussed and compared. This paper discusses the role played by SMEs in national economies, the strength and weakness of SMEs and impacts on them by the Pandemic and also potential for them to be part of the solution for their countries in relevance to their strength, weaknesses and potential. The paper concludes with recommendations reviewed from the different studies that took place on 2020 in diverse places globally, for how SMEs can contribute in supporting Circular Economy and 50

show abstract

How small businesses are coping with the impact of COVID-19: Results from a survey in Turkey and the Middle East

Cited by 7 publications

References 0 publications

Assessment of the Impact of COVID-19 on Operations of Local Businesses and Level of Enforcement of Public Health Safety Measure within Business Premises: A Quantitative Study of Businesses in Huye-Rwanda

Assessment of the Impact of COVID-19 on Operations of Local Businesses and Level of Enforcement of Public Health Safety Measure within Business Premises: A Quantitative Study of Businesses in Huye-Rwanda

IT Capabilities, Strategic Flexibility and Organizational Resilience in SMEs Post-COVID-19: A Mediating and Moderating Role of Big Data Analytics Capabilities

السياحة البيئية والاقتصاد الدائري في مدينة الكرك التاريخية

Contact Info

Product

Resources

About