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The COVID-19 pandemic is precipitating an unprecedented economic downturn, and small businesses are likely to bear the brunt of it. The US government has taken some steps to lessen the damage to small businesses, but these steps impose large costs on the federal government (and taxpayers), and...
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In this brief, I propose to supplement the CARES Act by enhancing the SBA Express program of the Small Business Administration (SBA). My proposal is inspired by the success of Title I of the Federal Housing Act (FHA) of 1934
Persistent link: https://www.econbiz.de/10012835039
In an effort to provide relief in response to the COVID-19 pandemic, Congress charged the Small. Business Administration (SBA) with the task of administering a variety of credit programs, in part with the help and guidance of the US Department of the Treasury.Unfortunately, not only is the SBA...
Persistent link: https://www.econbiz.de/10012835043
Purpose: The purpose of this paper is to reveal the impact of strategic competitive innovation types on the financial performance of SMEs during a very critical period: the COVID-19 pandemic. Four strategic competitive innovation types are considered in this study: marketing innovation,...
Persistent link: https://www.econbiz.de/10013216737
The COVID-19 pandemic has significantly affected major industries, resulting in the transformation of the business landscape, and small businesses have taken a particularly severe impact. Whenever crises occur, micro, small and medium enterprises (MSMEs) tend to be more vulnerable than large...
Persistent link: https://www.econbiz.de/10013234527
Using data from in-depth interviews with owner-managers of small firms in the Philippines, we studied the entrepreneurial process experienced by nascent entrepreneurs in starting new businesses during the pandemic. We examined the effects of the developing pandemic crisis on both the nascent...
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