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The objective of this study was to analyze how small and medium enterprises (SMEs) cope with environmental changes due to the COVID-19 pandemic by pursuing the business model transformation with the support of digital technologies. To achieve the objective, this study used a multiple case study...
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shocks and investigates whether such biases affect firms’ decision-making in the future. We use unique administrative survey … firms’ decision-making in the future, while government’s support and financial relief can effectively mitigate the negative …
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