IDEAS home Printed from https://ideas.repec.org/a/sae/sagope/v11y2021i2p21582440211022676.html
   My bibliography  Save this article

COVID-19 Pandemic and Small-Scale Industries in a Local Geographic Space of Nigeria: An Assessment of the Impact of Strategic Interfirm Alliance

Author

Listed:
  • Victor Chukwunweike Nwokocha
  • Ogochukwu Christiana Anyanwu
  • Ignatius Ani Madu
  • Christopher Emmanuel Nwankwo

Abstract

The outbreak of Coronavirus pandemic has brought with it stagnation in all sectors of the economy, unemployment and loss of jobs, threats of recession, and annihilation of industries across the world. This paper examined the impact of strategic interfirm alliance on small-scale industries (SSI) amid the threat of COVID-19 pandemic in Nsukka, a local geographic space in Nigeria. A survey research design and a questionnaire survey of 82 SSIs were used in the paper. The data for the paper were analyzed using descriptive statistics while tables and percentages were used to illustrate the results. Results in the study revealed that 15.47%, 22.45%, and 44.20% of the respondents have experienced relative increase, increased, and significant increase, respectively, in COVID-19-induced challenges on their operations. The paper also showed that 24.81%, 25.01%, and 34.64% of the industries have experienced relative increase, increase, and significant increase, respectively, in their operations following their use of alliance, while 5.06% and 10.48% have experienced relative and significant decreases. The paper suggests that SSIs in Nigeria should adopt/institutionalize the use of strategic interfirm alliance in their operations in order to survive the COVID-19-induced challenges which have distrupted their production flow.

Suggested Citation

  • Victor Chukwunweike Nwokocha & Ogochukwu Christiana Anyanwu & Ignatius Ani Madu & Christopher Emmanuel Nwankwo, 2021. "COVID-19 Pandemic and Small-Scale Industries in a Local Geographic Space of Nigeria: An Assessment of the Impact of Strategic Interfirm Alliance," SAGE Open, , vol. 11(2), pages 21582440211, June.
  • Handle: RePEc:sae:sagope:v:11:y:2021:i:2:p:21582440211022676
    DOI: 10.1177/21582440211022676
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/21582440211022676
    Download Restriction: no

    File URL: https://libkey.io/10.1177/21582440211022676?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Alexander W. Bartik & Marianne Bertrand & Zoë B. Cullen & Edward L. Glaeser & Michael Luca & Christopher T. Stanton, 2020. "How Are Small Businesses Adjusting to COVID-19? Early Evidence from a Survey," NBER Working Papers 26989, National Bureau of Economic Research, Inc.
    2. Rachel Doern & Nick Williams & Tim Vorley, 2019. "Special issue on entrepreneurship and crises: business as usual? An introduction and review of the literature," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 31(5-6), pages 400-412, May.
    3. Keith D Brouthers, 2013. "A retrospective on: Institutional, cultural and transaction cost influences on entry mode choice and performance," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 44(1), pages 14-22, January.
    4. Hassan, Tarek & Hollander, Stephan & van Lent, Laurence & Schwedeler, Markus & Tahoun, Ahmed, 2020. "Firm-Level Exposure to Epidemic Diseases: Covid-19, SARS, and H1N1," CEPR Discussion Papers 14573, C.E.P.R. Discussion Papers.
    5. Ozili, Peterson & Arun, Thankom, 2020. "Spillover of COVID-19: Impact on the Global Economy," MPRA Paper 99317, University Library of Munich, Germany.
    6. Mahmut Yaşar & Catherine J. Morrison Paul, 2009. "Size and Foreign Ownership Effects on Productivity and Efficiency: An Analysis of Turkish Motor Vehicle and Parts Plants," Review of Development Economics, Wiley Blackwell, vol. 13(4), pages 576-591, November.
    7. Laszlo Tihanyi & David A Griffith & Craig J Russell, 2005. "The effect of cultural distance on entry mode choice, international diversification, and MNE performance: a meta-analysis," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 36(3), pages 270-283, May.
    8. Ozili, Peterson K, 2020. "Covid-19 pandemic and economic crisis: The Nigerian experience and structural causes," MPRA Paper 99424, University Library of Munich, Germany.
    9. Victor Chukwunweike Nwokocha & Ignatius Ani Madu, 2020. "Strategic Alliance and Its Influence on the Performance of Small- and Medium-scale Enterprises in Enugu State, Nigeria," Global Journal of Emerging Market Economies, Emerging Markets Forum, vol. 12(2), pages 199-216, May.
    10. Shaista Wasiuzzaman, 2019. "Resource sharing in interfirm alliances between SMEs and large firms and SME access to finance," Management Research Review, Emerald Group Publishing Limited, vol. 42(12), pages 1375-1399, July.
    11. Minjung Kim, 2015. "The effect of strategic alliances on firm productivity in South Korea," Applied Economics, Taylor & Francis Journals, vol. 47(47), pages 5034-5044, October.
    12. Kambiez Talebi & Jahangir Yadollahi Farsi & Hamideh Miriasl, 2017. "Identifying the Impact of Strategic Alliances on the Performance of SMEs (Case Study: The Industry of Automotive Parts Manufacturers in Iran)," International Business Research, Canadian Center of Science and Education, vol. 10(6), pages 227-235, June.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ikhsan Ikhsan & Khairul Amri, 2023. "Sectoral Growth Impacts of Bank Credit Allocation: The Role of COVID-19 Pandemic as Moderating Variable," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 5, pages 32-50.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Dalina-Maria Andrei, 2022. "Objectives And Difficulties In Sme?S Sector In Romania," Management Strategies Journal, Constantin Brancoveanu University, vol. 56(2), pages 29-36.
    2. Jean-Noël Barrot & Basile Grassi & Julien Sauvagnat, 2020. "Estimating the Costs and Benefits of Mandated Business Closures in a Pandemic," Working Papers hal-02896739, HAL.
    3. Christian Moser & Pierre Yared, 2022. "Pandemic Lockdown: The Role of Government Commitment," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 46, pages 27-50, October.
    4. Blanas, Sotiris & Oikonomou, Rigas, 2023. "COVID-induced economic uncertainty, tasks and occupational demand," Labour Economics, Elsevier, vol. 81(C).
    5. Nano Prawoto & Eko Priyo Purnomo & Abitassha Az Zahra, 2020. "The Impacts of Covid-19 Pandemic on Socio-Economic Mobility in Indonesia," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(3), pages 57-71.
    6. Kong, Edward & Prinz, Daniel, 2020. "Disentangling policy effects using proxy data: Which shutdown policies affected unemployment during the COVID-19 pandemic?," Journal of Public Economics, Elsevier, vol. 189(C).
    7. Xanthippe Adamoglou & Dimitris Kyrkilis, 2020. "MNEs Entry Strategies through a Distance Framework: A New Perspective," SPOUDAI Journal of Economics and Business, SPOUDAI Journal of Economics and Business, University of Piraeus, vol. 70(3-4), pages 83-105, July-Dece.
    8. Xin Li & Xingyuan He & Lu Zhou & Shushu Xie, 2022. "Impact of Epidemics on Enterprise Innovation: An Analysis of COVID-19 and SARS," Sustainability, MDPI, vol. 14(9), pages 1-28, April.
    9. Thomas Gries & Wim Naudé, 2021. "Extreme Events, Entrepreneurial Start-Ups, and Innovation: Theoretical Conjectures," Economics of Disasters and Climate Change, Springer, vol. 5(3), pages 329-353, October.
    10. Seok Jin Ko, 2019. "The Differing Foreign Entry Mode Choices for Sales and Production Subsidiaries of Multinational Corporations in the Manufacturing Industry," Sustainability, MDPI, vol. 11(15), pages 1-18, July.
    11. Chenxi Wan & Carlos M. P. Sousa & Jorge Lengler & Qun Tan, 2023. "Entry Mode Choice: A Meta-Analysis of Antecedents and Outcomes," Management International Review, Springer, vol. 63(2), pages 193-246, April.
    12. Dai, Ruochen & Feng, Hao & Hu, Junpeng & Jin, Quan & Li, Huiwen & Wang, Ranran & Wang, Ruixin & Xu, Lihe & Zhang, Xiaobo, 2021. "The impact of COVID-19 on small and medium-sized enterprises (SMEs): Evidence from two-wave phone surveys in China," China Economic Review, Elsevier, vol. 67(C).
    13. Croce, Mariano & Farroni, Paolo & Wolfskeil, Isabella, 2020. "When the Markets Get COVID: COntagion, Viruses, and Information Diffusion," CEPR Discussion Papers 14674, C.E.P.R. Discussion Papers.
    14. David Bounie & Youssouf Camara & John Galbraith, 2020. "Consumers’ Mobility, Expenditure and Online-Offline Substitution Response to COVID-19: Evidence from French Transaction Data," Cahiers de recherche 14-2020, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
    15. Aharon, David Y. & Siev, Smadar, 2021. "COVID-19, government interventions and emerging capital markets performance," Research in International Business and Finance, Elsevier, vol. 58(C).
    16. Weber, Clarissa E. & Chahabadi, Dominik & Maurer, Indre, 2020. "Antecedents and performance effect of managerial misperception of institutional differences," Journal of World Business, Elsevier, vol. 55(1).
    17. ADEKOYA, A. Augustine & AGBETUNDE, L. Ayodele & AKINRINOLA, O. Oladipo, 2021. "Covid-19 Pandemic and Internally Generated Revenues in Local Governments: Nigeria Experience," International Journal of Applied Economics, Finance and Accounting, Online Academic Press, vol. 9(2), pages 63-75.
    18. Jose Maria Barrero & Nicholas Bloom & Steven J. Davis, 2020. "COVID-19 Is Also a Reallocation Shock," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 51(2 (Summer), pages 329-383.
    19. Christoph Albert & Andrea Caggese & Beatriz González, 2020. "The Short- and Long-Run Employment Impact of Covid-19 through the Effects of Real and Financial Shocks on New Firms," Working Papers 1200, Barcelona School of Economics.
    20. Shasha Liu & Gaowen Kong & Dongmin Kong, 2020. "Effects of the COVID-19 on Air Quality: Human Mobility, Spillover Effects, and City Connections," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 76(4), pages 635-653, August.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:sagope:v:11:y:2021:i:2:p:21582440211022676. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.