Abstract
The overall purpose of this research is to address gaps in extant research and considering the COVID context, this book chapter examines the business sentiment of SMEs given their pandemic experience; understand perceptions of the government support schemes; and identify strategies to build resilience to the challenges during and after COVID to mitigate any future disruptions. Approximately 300 SMEs in the Greater Western Sydney (GWS) were invited to complete an online business survey comprised of measures on business sentiment, resilience, and access to grants. Descriptive statistics were calculated using the quantitative responses, whilst the qualitative responses were thematically analysed. Findings suggest that SME owners who responded to the survey made some use of government schemes to support them during COVID-19. However, many were and remain challenged by the economic effects of the pandemic. A framework for understanding business sentiment and resilience building for future proofing is then outlined. These findings have important implications for scholars, policymakers, and SME owners.
Original language | English |
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Title of host publication | Small and Medium-sized Enterprises, and Business Uncertainty: Just Surviving or Thriving? |
Editors | Sujana Adapa, Tui McKeown, Mina Lazaris, Tanya Jurado |
Place of Publication | Singapore |
Publisher | Palgrave Macmillan |
Pages | 89-111 |
Number of pages | 23 |
ISBN (Electronic) | 9789819948444 |
ISBN (Print) | 9789819948437 |
DOIs | |
Publication status | Published - 2023 |