Rethinking of Strategy Defending Small and Medium-Sized Enterprises (SMEs) During COVID-19 Pandemic
- DOI
- 10.2991/assehr.k.201017.173How to use a DOI?
- Keywords
- COVID-19, strategy, economy, SMEs
- Abstract
COVID-19 is an unusual scary virus and surprisingly affects the world economy. The condition demands that various countries in the world apply containment policies combined with various public health measures and make economic activities paralyzed, especially for Small and Medium-Sized Enterprises (SMEs). SMEs are considered to have potential innovation capabilities and can create new market opportunities, so governments should consider measures to relieve the burden of SMEs to stay afloat and keep growing during a pandemic. The purpose of this paper is to rethink the strategy of maintaining SMEs during a pandemic in the hopes that if such a situation occurs in the future then this strategy can be applied. This paper covers strategies from various countries that successfully retain SMEs during a pandemic. Qualitative methods with secondary data sources obtained from official government websites, media, economic bulletins, and international journals related to SMEs. This paper is expected to contribute to various countries to maintain SMEs, especially in countries whose economic growth has paralyzed the impact of the pandemic.
- Copyright
- © 2020, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Yoberth Kornelius AU - Pricylia Chintya Dewi Buntuang AU - Cici Rianty K. Bidin PY - 2020 DA - 2020/10/20 TI - Rethinking of Strategy Defending Small and Medium-Sized Enterprises (SMEs) During COVID-19 Pandemic BT - Proceedings of the International Conference on Community Development (ICCD 2020) PB - Atlantis Press SP - 786 EP - 790 SN - 2352-5398 UR - https://doi.org/10.2991/assehr.k.201017.173 DO - 10.2991/assehr.k.201017.173 ID - Kornelius2020 ER -