IDEAS home Printed from https://ideas.repec.org/h/spr/advbcp/978-94-6463-054-1_57.html

Research on the Survival Methods for Small and Medium-Sized Enterprises in the Post-COVID-19 Era

In: Proceedings of the 2022 2nd International Conference on Financial Management and Economic Transition (FMET 2022)

Author

Listed:
  • Xintong Cai

    (University College London)

Abstract

Small and medium-sized enterprises (SMEs) outside of the internet industry (i.e., traditional SMEs) are facing more challenges after COVID-19 because of uncertainties and budget concerns brought by COVID-19 and threats from the internet sector. This paper examines how traditional SMEs can survive in the post-COVID-19 era. Using case analysis and literature analysis, this paper investigates and compares survival methods used by general SMEs after COVID-19 and survival methods used by traditional SMEs before COVID-19. The study’s research question could be answered by examining whether there is a link between how general SMEs deal with undesirable economic changes after COVID-19 and how traditional SMEs deal with threats from the internet industry prior to COVID-19. Based on the results, cost optimization is shared between methods, whereas innovation types differ. This paper thus presents three strategies to help traditional SMEs survive after COVID-19. While traditional SMEs should adopt a cost optimization strategy, the three types of innovation should be selected according to their resources and environment.

Suggested Citation

  • Xintong Cai, 2023. "Research on the Survival Methods for Small and Medium-Sized Enterprises in the Post-COVID-19 Era," Advances in Economics, Business and Management Research, in: Vilas Gaikar & Min Hou & Sikandar Ali Qalati (ed.), Proceedings of the 2022 2nd International Conference on Financial Management and Economic Transition (FMET 2022), pages 529-536, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-054-1_57
    DOI: 10.2991/978-94-6463-054-1_57
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a
    for a similarly titled item that would be available.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    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:spr:advbcp:978-94-6463-054-1_57. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    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.