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https://doi.org/10.33119/KSzPP/2022.2.4
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Business performance during the COVID-19 crisis: a major contribution of entrepreneurial resilience
Wydajność biznesowa w czasie kryzysu związanego z COVID-19: Wkład w przedsiębiorczą rezyliencję
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Abstract COVID-19 affected the entire world, culminating in a devastating worldwide disaster. The crisis had a major impact on Indonesia, both in terms of health and economic concerns. As economic support in Indonesia, micro, small and medium-sized enterprises (MSMEs) are also impacted. This study was carrie... view more
COVID-19 affected the entire world, culminating in a devastating worldwide disaster. The crisis had a major impact on Indonesia, both in terms of health and economic concerns. As economic support in Indonesia, micro, small and medium-sized enterprises (MSMEs) are also impacted. This study was carried out in the West Java Province, including respondents among MSME actors. The aim of this study was to see how entrepreneurial resilience and self-efficacy affected company performance during the COVID-19 crisis. To assess the connection between variables, this research technique uses a quantitative methodology. The partial least squares path modeling (PLS-SEM) is used to validate the model's hypothesis, which is based on its association in a literature study done by numerous prior researchers. The findings of this study show that, as compared to entrepreneurial self-efficacy, entrepreneurial resilience has a substantial impact on MSME company performance during the COVID-19 pandemic. Based on the evaluation of the results of the research on the resilience of MSME owners, it must be supported by external variables such as government policies.... view less
Keywords
entrepreneurship; crisis management (econ., pol.); resilience; economic development (single enterprise); small business; medium-sized firm; Indonesia
Classification
Management Science
Free Keywords
COVID-19 crisis; West Java MSMEs; entrepreneurial resilience; entrepreneurial self-efficacy; small firm performance
Document language
English
Publication Year
2022
Page/Pages
p. 63-82
Journal
Studia z Polityki Publicznej / Public Policy Studies, 9 (2022) 2
ISSN
2719-7131
Status
Published Version; peer reviewed