SME sustainability in turbulent times of COVID-19 : a review of literature and future directions

Vanita Yadav

doi:10.1007/978-981-99-4844-4_2

SME sustainability in turbulent times of COVID-19 : a review of literature and future directions

Vanita Yadav

Western Sydney University

Research output: Chapter in Book / Conference Paper › Chapter

Abstract

The COVID-19 outbreak in 2020 disrupted businesses of small and medium enterprises (SMEs) worldwide. Lessons learned in dealing with the pandemic challenges offer crucial insights for the future sustainability of SMEs. The objective of this chapter is to present a comprehensive review of literature and chart the way forward. This chapter presents a summary of key findings on SME sustainability in turbulent environments as a conceptual framework that offers directions for practice, policy and future research. Key themes that emerge from the literature include"”devastating impact felt by SME firms and their employees, the role of state intervention, evolving nature of work, need for business model innovation and the absence of risk management and knowledge management strategies in SMEs.

Original language	English
Title of host publication	Small and Medium-sized Enterprises, and Business Uncertainty: Just Surviving or Thriving?
Editors	Sujana Adapa, Tui McKeown, Miria Lazaris, Tanya Jurado
Place of Publication	Singapore
Publisher	Palgrave Macmillan
Pages	17-35
Number of pages	19
ISBN (Electronic)	9789819948444
ISBN (Print)	9789819948437
DOIs	https://doi.org/10.1007/978-981-99-4844-4_2
Publication status	Published - 2023

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.1007/978-981-99-4844-4_2

Cite this

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abstract = "The COVID-19 outbreak in 2020 disrupted businesses of small and medium enterprises (SMEs) worldwide. Lessons learned in dealing with the pandemic challenges offer crucial insights for the future sustainability of SMEs. The objective of this chapter is to present a comprehensive review of literature and chart the way forward. This chapter presents a summary of key findings on SME sustainability in turbulent environments as a conceptual framework that offers directions for practice, policy and future research. Key themes that emerge from the literature include{"}”devastating impact felt by SME firms and their employees, the role of state intervention, evolving nature of work, need for business model innovation and the absence of risk management and knowledge management strategies in SMEs.",

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SME sustainability in turbulent times of COVID-19 : a review of literature and future directions. / Yadav, Vanita.
Small and Medium-sized Enterprises, and Business Uncertainty: Just Surviving or Thriving?. ed. / Sujana Adapa; Tui McKeown; Miria Lazaris; Tanya Jurado. Singapore: Palgrave Macmillan, 2023. p. 17-35.

Research output: Chapter in Book / Conference Paper › Chapter

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BT - Small and Medium-sized Enterprises, and Business Uncertainty: Just Surviving or Thriving?

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ER -

SME sustainability in turbulent times of COVID-19 : a review of literature and future directions

Abstract

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