The resilience of micro, small and medium enterprises in Indonesia: COVID-19 perspective

Ismiyanti, Fitri and Mahadwartha, Putu Anom and Zunairoh, Zunairoh and Ardiansyahmiraja, Bobby (2025) The resilience of micro, small and medium enterprises in Indonesia: COVID-19 perspective. International Journal of Entrepreneurship and Small Business, 54 (2). pp. 274-288. ISSN 1476-1297; E-ISSN 1741-8054

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Official URL / DOI: https://doi.org/10.1504/IJESB.2025.143828

Abstract

This study aims to investigate the effect of risk-taking on innovativeness, also the impact of entrepreneurial orientation, innovativeness, and adaptive strategy on the resilience of micro, small and medium enterprises (MSME). This study was conducted on MSME actors throughout Indonesia and the analysis used was structural equation modelling (SEM). The results show that risk-taking positively affects innovativeness, while entrepreneurial orientations, innovativeness, and adaptive strategy have a significant positive effect on resilience. This research implies that MSME actors who can survive the COVID-19 pandemic must consider taking risks, continuously innovate, have an entrepreneurial spirit, and are always adaptive to change. The innovations that MSME continues to make, increases the company’s competitiveness under any circumstances, including during the COVID-19 pandemic. MSMEs that have high innovation will have high resilience under any circumstances.

Item Type: Article
Uncontrolled Keywords: micro, small and medium enterprises; MSMEs; risk-taking; entrepreneurial orientation; innovativeness; adaptive strategy; resilience; COVID-19; Indonesia
Subjects: H Social Sciences > HF Commerce
H Social Sciences > HG Finance
Divisions: Faculty of Business and Economic > Department of Management
Depositing User: Putu Anom mahadwartha 31140
Date Deposited: 31 Jan 2025 06:16
Last Modified: 03 Feb 2025 02:03
URI: http://repository.ubaya.ac.id/id/eprint/47866

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