Factors influencing the resilience of mses to the covid-19 pandemic crisis in indonesia

Tulus Tambunan
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Abstract

The purpose of this empirical study is to investigate two things: a) the impact of domestic economic activities falling sharply due to the COVID-19 pandemic on micro and small industries (MSIs) throughout 2020, and (b) the forms of crisis mitigation measures (CMMs) adopted by crisis-affected MSIs. The study evaluates the importance of four components, namely capital, collaboration, cooperation, and digital technology (DT), using data from the Quarterly MSI Survey (QMSIS) 2020, which included 24,000 respondents (owners of MSIs) from around the country. It provides two key findings: (1) The most popular form of CMMs adopted by crisis-affected MSIs was those that produce other goods whose demand remains high during the pandemic, and (2) The most popular form of CMMs adopted by crisis-affected MSIs was those that produce other goods whose demand remains high during the pandemic with a positive regression coefficient according to theory and significant, suggesting that it was an important determinant of MSIs’ resilience. Combined with online sales, this form of CMM has greatly helped many MSIs survive the crisis. The findings have practical implications, including that government stimulus policy during a crisis must complement and correspond with the CMMs adopted by the target MSMEs, therefore, different forms of CMMs in response to different business risks need different policy approaches and stimulus packages. At least in Indonesia, this is the first attempt to empirically examine the impact of the economic crisis due to the COVID-19 on MSIs and explore their CMM by analyzing data from a national survey. In its originality, the findings of this study add to the small business literature, especially studies on the impact of the economic crisis on business.
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影响印尼中小企业抵御covid-19大流行危机的因素
本实证研究的目的是调查两件事:a)由于COVID-19大流行导致的国内经济活动在2020年期间对微型和小型工业(msi)的急剧下降的影响,以及(b)受危机影响的微型工业采取的危机缓解措施(cmm)的形式。该研究评估了四个组成部分的重要性,即资本、协作、合作和数字技术(DT),使用了2020年季度MSI调查(QMSIS)的数据,其中包括来自全国各地的24,000名受访者(MSI所有者)。它提供了两个关键发现:(1)受危机影响的msi采用的最受欢迎的cmm形式是那些生产在大流行期间需求仍然很高的其他商品的cmm形式;(2)受危机影响的msi采用的最受欢迎的cmm形式是那些生产在大流行期间需求仍然很高的其他商品的cmm形式,根据理论,其回归系数为正且显著,这表明它是msi弹性的重要决定因素。与在线销售相结合,这种形式的CMM极大地帮助许多msi度过了危机。研究结果具有一定的现实意义,包括危机期间政府的刺激政策必须与目标中小微企业所采用的cmm相辅相成,因此,不同形式的cmm应对不同的商业风险需要不同的政策手段和刺激方案。至少在印度尼西亚,这是第一次尝试通过分析全国调查的数据来实证研究COVID-19导致的经济危机对msi的影响,并探索其CMM。在其独创性,本研究的发现补充了小企业的文献,特别是对经济危机对企业的影响的研究。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
Journal of Management Information and Decision Science
Journal of Management Information and Decision Science Decision Sciences-Information Systems and Management
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0.00%
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25
期刊介绍: Journal of Management Information and Decision Sciences (JMIDS) is a reputed open access journal affiliated to Allied Business Academies. The journal focuses on disseminating the latest research in the field of management information system and its role in decision making, as well their relationships to cognate disciplines including Economics, Finance, Management, Management Science, Marketing, Statistics, Operations Research and Engineering. The journal adheres to stringent double blind peer review policy to maintain the publication quality.
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