Impact of COVID 19 on Small and Medium Enterprises

Bhalerao, Kuldeep; Patil, Vaishali; Swamy, Shalini

doi:10.52711/2321-5763.2022.00021

Cited by 5 publications

References 21 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

The Nexus between Smart Sensors and the Bankruptcy Protection of SMEs

Ďurana

Valášková

2022

Sensors

View full text Add to dashboard Cite

Transportation, logistics, storage, and many other sectors provide a wide space for applying Industry 4.0. This era, with its components, represents the equipment necessary to obtain a unique competitive advantage. Being smart through sensors, big data, and digitalization corresponds not only to evolution but also provides protection for businesses in the face of depression. The COVID-19 pandemic caused collapses and defects for very large enterprises and large enterprises, especially for small and medium-sized enterprises (SMEs). This article focuses on SMEs and their profits from using smart sensors. Thus, the aim was to expose the striking effect of Industry 4.0 on earnings during the crisis in the Visegrad Four. The Mann–Kendall trend was used to map the consequences contrasting the period of 2016–2021. The investigation involved samples from 1221 Slovak, 259 Czech, 855 Polish, and 2156 Hungarian enterprises. The results showed that more than 80% of businesses did not have a negative trend in how their earnings changed over time. This fact was confirmed by a z-test for the comparison of one proportion for each analyzed country. The adaptation to Industry 4.0 strengthened the muscle for bankruptcy resilience during the crisis. In addition, it may encourage enterprises to be smart in the same or different sectors.

show abstract

The Nexus between Smart Sensors and the Bankruptcy Protection of SMEs

Ďurana

Valášková

2022

Sensors

View full text Add to dashboard Cite

show abstract

Covid-19

Singh

2023

Strengthening SME Performance Through Social Media Adoption and Usage

View full text Add to dashboard Cite

The backbone of any economy can be found in its small and medium-sized businesses (MSME). Over the past decade, they have made a major impact on GDP growth. They play a crucial part in bringing progress to underdeveloped regions. Every economy relies heavily on its small and medium-sized businesses (SMEs). Small and medium-sized enterprises (SMEs) bear the brunt of COVID-19. The goal of this study was to find out how SMEs respond to changes in their operating environment caused by COVID-19 by changing their business models with the help of digital technology.

show abstract

Restoration of the Debacle Faced Scheme - ‘Make in India’

Felix Caleb,

Kumar A.C.

2024

AJM

View full text Add to dashboard Cite

Initially, Covid-19 outbreak drew the progressive economy towards regression, but later with India being seen as a prime investment destination over China exacerbating the current scenario, there is a comeback of the failed campaign ‘Make In India’ to light, with global pharmaceuticals companies eyeing on India. Therefore there emerges a need for Make In India to be catering not just the pharmaceutical companies, but it is the right time to cater to other companies, as well, in various sectors to look at India as a profitable destination.

show abstract

Impact of COVID 19 on Small and Medium Enterprises

Cited by 5 publications

References 21 publications

The Nexus between Smart Sensors and the Bankruptcy Protection of SMEs

The Nexus between Smart Sensors and the Bankruptcy Protection of SMEs

Covid-19

Restoration of the Debacle Faced Scheme - ‘Make in India’

Contact Info

Product

Resources

About