COVID-19 impact and firm reactions towards crisis: Evidence from a transition economy

Basit Öğe Kaydı
dc.authoridKrasniqi, Besnik A./0000-0003-2440-3974
dc.authoridKryeziu, Liridon/0000-0002-1382-7520
dc.authoridBağış, Mehmet/0000-0002-3392-3376
dc.authoridKurutkan, Mehmet Nurullah/0000-0002-3740-4231
dc.authorwosidKrasniqi, Besnik A./F-4077-2011
dc.authorwosidKryeziu, Liridon/AGV-1402-2022
dc.authorwosidBağış, Mehmet/AAK-6257-2020
dc.contributor.authorKryeziu, Liridon
dc.contributor.authorBağış, Mehmet
dc.contributor.authorKurutkan, Mehmet Nurullah
dc.contributor.authorKrasniqi, Besnik A.
dc.contributor.authorHaziri, Artan
dc.date.accessioned2023-07-26T11:53:54Z
dc.date.available2023-07-26T11:53:54Z
dc.date.issued2022
dc.departmentDÜ, İşletme Fakültesi, Sağlık Yönetimi Bölümüen_US
dc.description.abstractPURPOSE: The new situation arising from the COVID-19 pandemic has brought many difficulties for companies worldwide. To combat the pandemic, governments have enforced lockdown and closure of businesses, and in response, companies have developed various reactive strategies to ensure their survival. The purpose of this study is twofold: to examine the impact of COVID-19 on firms and examine firm reactions towards the COVID-19 crisis. The study analyses the impact of COVID-19 on firm size, ownership type, and industry characteristics. Secondly, to analyze firm reactions based on four components: technological preferences, strategic behavior, management practices, and social networks. METHODOLOGY: This study employs a quantitative method, using a survey of 320 firm owners and managers conducted in Kosovo by the Institute of Entrepreneurship and Small Business. FINDINGS: Findings suggest that income dropped significantly for SMEs based on the firm size. Based on industry characteristics, findings show that all industries have been influenced negatively. Regarding the ownership type, findings suggest that family firms are more affected by COVID-19 than non-family firms. Factor analysis suggests that the technological preferences, managerial practices and strategic behavior, and social networks effectively responded to the crisis derived from COVID-19. Findings also suggest that firms did not employ a single reaction (e.g., technological change) but combined several reactions where one reaction led to another reaction that proved effective and led to firm survival during the crisis. ORIGINALITY/VALUE: Despite growing theoretical and empirical literature about COVID-19 and firms, this study shows the impact and firm responses towards the crisis of COVID-19. Furthermore, focusing on the context of Kosovo, the study contributes to the challenges that firms face in different cultural and institutional settings.en_US
dc.identifier.doi10.7341/20221816
dc.identifier.endpage196en_US
dc.identifier.issn2299-7075
dc.identifier.issn2299-7326
dc.identifier.issue1en_US
dc.identifier.scopus2-s2.0-85127420512en_US
dc.identifier.scopusqualityQ2en_US
dc.identifier.startpage169en_US
dc.identifier.urihttps://doi.org/10.7341/20221816
dc.identifier.urihttps://hdl.handle.net/20.500.12684/12651
dc.identifier.volume18en_US
dc.identifier.wosWOS:000772632700005en_US
dc.identifier.wosqualityN/Aen_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.institutionauthorKurutkan, Mehmet Nurullah
dc.language.isoenen_US
dc.publisherWyzsza Szkola Biznesu, Natl Louis Univen_US
dc.relation.ispartofJournal of Entrepreneurship Management and Innovationen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.snmz$2023V1Guncelleme$en_US
dc.subjectCovid-19 Impact; Firm Reactions; Technological Preferences; Strategic Behavior; Management Practices; Social Networks; Kosovoen_US
dc.subjectSme Growth; Performance; Entrepreneurship; Innovation; Businessen_US
dc.titleCOVID-19 impact and firm reactions towards crisis: Evidence from a transition economyen_US
dc.typeArticleen_US

Dosyalar

Orijinal paket
Listeleniyor 1 - 1 / 1
Küçük Resim
İsim:
12652.pdf
Boyut:
486.01 KB
Biçim:
Adobe Portable Document Format
Açıklama:
Tam Metin / Full Text
İndir

Koleksiyon

WoS İndeksli Yayınlar Koleksiyonu
Scopus İndeksli Yayınlar Koleksiyonu