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Much research has been conducted on the effects of COVID-19 on company and supply chain resilience. However, few contributions have focused on small and medium-sized enterprises. These companies are claimed to be the drivers of economic growth but often lack access to resources and alternatives...
Persistent link: https://www.econbiz.de/10014325008
With nearly 3.5 million companies, small and medium-sized enterprises form the basis of Ger-many's economic strength …
Persistent link: https://www.econbiz.de/10012607582
The entrepreneurial event is a contingency from which entrepreneurial behaviour precipitates. It is a temporal confluence among some external cue that implies an extant, potential, or possible opportunity; a perception of the cue implications; and, an entrepreneurial response. It begins with...
Persistent link: https://www.econbiz.de/10008495375
Taiwanese enterprises are efficiently producing a great deal of goods they had no experience in at all a few years ago. Moreover, in modern economies an increased utilisation of more and more advanced technologies as well as the more intensive use of physical and human capital can be observed....
Persistent link: https://www.econbiz.de/10014060329
It is widely recognized that the economic recovery largely depends on the improvement of the SME sector. In the order to determine the opportunities and to analyze the challenges faced by Romanian SMEs in (post)crises period, the paper presents first a short review of the national economy and...
Persistent link: https://www.econbiz.de/10010614492
The year 2009 ended in Poland and other EU countries under the sign of the Great Depression, which began on the other side of the ocean but it covered almost the whole world. The most vulnerable to the crisis turned out to be companies from the SME sector which, in the European Union SMEs...
Persistent link: https://www.econbiz.de/10010602668
Economists argue that the SME sector is the most important Romanian economy and also the only sector that can bring economic recovery. The entrepreneurs are the key of the economic recovery and they are stimulates the enhancement of SMEs to contribute to ensuring economic growth resources in...
Persistent link: https://www.econbiz.de/10010632750
Following the massive impact of the Covid-19 pandemic on the global economy and on small and medium-sized enterprises (SMEs) in particular, the concept of resilience has experienced a renaissance. As an organizational concept, business model resilience describes the extent to which an...
Persistent link: https://www.econbiz.de/10014495318
Lockdown measures to contain COVID-19 put a strain on firms' liquidity. To support their cash flow some businesses issued dinner bonds to their clients, priced at a discount, redeemable when safe distance restrictions end. These contracts derived their value from a binary variable, in this case,...
Persistent link: https://www.econbiz.de/10012825795
We investigate the impact of COVID-19 on 42,401 UK SMEs and how government interven-tion affect their capability to survive the pandemic. The results show that, without governmental miti-gation schemes, 59% of UK SMEs report negative earnings and that their residual life is reduced from 164 days...
Persistent link: https://www.econbiz.de/10012827181