Adaptive Strategies of MSMEs in Transforming Challenges Into Opportunities During the COVID-19 Pandemic Era
Article Sidebar
Page Numbers:
47-55
Digital Object Identifier:
10.58578/ijhess.v3i1.4310
Viewed: 252 times
Downloaded: 213 times
LYAS Publisher cordially invites qualified professionals to serve as Editors or Reviewers. Your expertise will make an important contribution to maintaining and strengthening the academic quality of our publications. Interested applicants are kindly requested to complete the application form at the following link: Editors & Reviewers
Please feel free to contact us if you need any further information about the submission process or if you have any additional questions.
Authors:
Imam Suyitno1* 
Copyright :
Authors retain copyright and grant the journal right of first publication.
Main Article Content
Abstract
The world has been grappling with the waves of the COVID-19 pandemic since 2020, and to this day, no accurate prediction has been made regarding its end. Indonesia is no exception, with uncertainty still looming over the resolution of this global crisis. However, recent data indicate a general decline in cases, including infection rates and mortality due to COVID-19. The pandemic has had a profound impact across all aspects of life, including politics, economics, society, education, and national security. This unprecedented humanitarian disaster was unforeseen by anyone. Economically, the pandemic has caused significant disruptions, affecting both state revenues and individual incomes, particularly for those in the private sector. Large-scale and small-scale businesses alike have experienced drastic declines in earnings, a situation unparalleled in prior times. Consequently, many companies, regardless of size, have been compelled to downsize their workforce or enforce layoffs, leading to an inevitable rise in unemployment rates within society. The economic ramifications of this pandemic highlight the urgent need for adaptive strategies to address these challenges.
Downloads
Article Details
Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
References
Abduvaliev, M., & Bustillo, R. (2020). Impact of remittances on economic growth and poverty reduction amongst CIS countries. Post-Communist Economies, 32(4), 525–546. https://doi.org/10.1080/14631377.2019.1678094
Abidin, Z., Prabantarikso, R. M., Wardhani, R. A., & Endri, E. (2021). Analysis of Bank Efficiency Between Conventional Banks and Regional Development Banks in Indonesia. The Journal of Asian Finance, Economics and Business, 8(1), 741–750. https://doi.org/10.13106/jafeb.2021.vol8.no1.741
Aguayo, R., Cañadas, G. R., Assbaa-Kaddouri, L., Cañadas-De la Fuente, G. A., Ramírez-Baena, L., & Ortega-Campos, E. (2019). A Risk Profile of Sociodemographic Factors in the Onset of Academic Burnout Syndrome in a Sample of University Students. International Journal of Environmental Research and Public Health, 16(5), Article 5. https://doi.org/10.3390/ijerph16050707
Amoroso, D. L., & Chen, Y. A. N. (2017). Constructs Affecting Continuance intention in consumers with mobile financial apps: A dual factor approach. Journal of Information Technology Management, 28(3), 1–24.
Anita, S. S., Tasnova, N., & Nawar, N. (2022). Are non-performing loans sensitive to macroeconomic determinants? An empirical evidence from banking sector of SAARC countries. Future Business Journal, 8(1), 7. https://doi.org/10.1186/s43093-022-00117-9
Antoniadis, I. I., Saprikis, V. S., & Karteraki, E. Ε. (2019). Consumers’ Attitudes Towards Advertisement in YouTube. In A. Kavoura, E. Kefallonitis, & A. Giovanis (Eds.), Strategic Innovative Marketing and Tourism (pp. 253–261). Springer International Publishing. https://doi.org/10.1007/978-3-030-12453-3_29
Battour, M., Salaheldeen, M., & Mady, K. (2021). Halal tourism: Exploring innovative marketing opportunities for entrepreneurs. Journal of Islamic Marketing, 13(4), 887–897. https://doi.org/10.1108/JIMA-06-2020-0191
Behera, B. K., Prasad, R., & Behera, S. (2022). Healthcare Strategies and Planning for Social Inclusion and Development: Volume 2: Social, Economic, and Health Disparities of Rural Women. Academic Press.
Clemens, J., & Veuger, S. (2020). Implications of the covid-19 pandemic for state government tax revenues. National Tax Journal, 73(3), 619–644. https://doi.org/10.17310/ntj.2020.3.01
Coffie, R. B., Gyimah, R., Boateng, K. A., & Sardiya, A. (2023). Employee engagement and performance of MSMEs during COVID-19: The moderating effect of job demands and job resources. African Journal of Economic and Management Studies, 14(2), 238–251. https://doi.org/10.1108/AJEMS-04-2022-0138
Iqbal, S., Moleiro Martins, J., Nuno Mata, M., Naz, S., Akhtar, S., & Abreu, A. (2021). Linking Entrepreneurial Orientation with Innovation Performance in SMEs; the Role of Organizational Commitment and Transformational Leadership Using Smart PLS-SEM. Sustainability, 13(8), Article 8. https://doi.org/10.3390/su13084361
Leckel, A., Veilleux, S., & Dana, L. P. (2020). Local Open Innovation: A means for public policy to increase collaboration for innovation in SMEs. Technological Forecasting and Social Change, 153, 119891. https://doi.org/10.1016/j.techfore.2019.119891
Nkansah, D., Gyimah, R., Sarpong, D. A.-A., & Annan, J. K. (2024). Nexus Between Employee Engagement and Job Performance: A Study of MSMEs in Ghana During COVID-19: The Moderating Roles of Job Demand and Job Resources. Jindal Journal of Business Research, 13(1), 30–56. https://doi.org/10.1177/22786821231188026
Ramadhanti, A., & Slamet, A. S. (2020). Developing E-Commerce Success Model by Measuring Website Quality of Indonesian MSMEs. 16–23. https://doi.org/10.2991/aebmr.k.200520.004