Proceedings of the International Conference on Community Development (ICCD 2020)

Rethinking of Strategy Defending Small and Medium-Sized Enterprises (SMEs) During COVID-19 Pandemic

Authors
Yoberth Kornelius, Pricylia Chintya Dewi Buntuang, Cici Rianty K. Bidin
Corresponding Author
Pricylia Chintya Dewi Buntuang
Available Online 20 October 2020.
DOI
https://doi.org/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.
Open Access
This is an open access article distributed under the CC BY-NC license.

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Volume Title
Proceedings of the International Conference on Community Development (ICCD 2020)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
20 October 2020
ISBN
978-94-6239-253-3
ISSN
2352-5398
DOI
https://doi.org/10.2991/assehr.k.201017.173How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

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  - https://doi.org/10.2991/assehr.k.201017.173
ID  - Kornelius2020
ER  -