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Innovation of small and medium enterprises in times of Covid-19

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Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
Purpose: The study explores how the disruption caused by Covid-19 has influenced the innovativeness of small and medium enterprises (SMEs) in Poland. It aims to show the examples of innovative ideas introduced by SMEs in times of pandemic to overcome the obstacles that appeared due to fluctuations in the demand and supply because of Covid-19. Design/methodology/approach: The study draws on a qualitative research design and uses case studies. We chose three small and two medium-sized Polish firms specializing in different business areas for analysis. Findings: The analysed organizations due to Covid-19 introduced innovations mainly focused on IT solutions. All of the firms have begun to offer remote work. Moreover, they implemented a new work organization system and a new customer service system. In all cases, the new solutions will be maintained and developed after the end of the pandemic. Research limitations/implications: The study uses five case studies. Practical implications: The outcomes of the study can motivate entrepreneurs to implement innovations as the case studies may inspire them. Moreover, the successes of presented SMEs may convince entrepreneurs that introducing innovations is not difficult and that the effects of innovative changes are measurable and visible in a short time. Thus, they may be encouraged to take action to overcome obstacles in their surroundings. Originality/value: The study develops the knowledge concerning the innovation process in companies in an uncertain, unstable and unpredictable environment.
Rocznik
Tom
Strony
549--562
Opis fizyczny
Bibliogr. 25 poz.
Twórcy
Bibliografia
  • 1. Adam, N.A., Alarifi, G. (2021). Innovation practices for survival of small and medium enterprises (SMEs) in the COVID-19 times: the role of external support. Journal of innovation and entrepreneurship, 10(1), 1-22.
  • 2. Almeida, F., Santos, J.D., Monteiro, J.A. (2020). The challenges and opportunities in the digitalization of companies in a post-COVID-19 World. IEEE Engineering Management Review, 48(3), 97-103.
  • 3. Alraja, M.N., Imran, R., Khashab, B.M., Shah M. (2022). Technological Innovation, Sustainable Green Practices and SMEs Sustainable Performance in Times of Crisis (COVID-19 pandemic). Information Systems Frontiers.
  • 4. Bloom, N., Fletcher, R.S., Yeh, E. (2021). The impact of Covid-19 on US firms. Working Paper 28314. National Bureau of Economic Research, http://www.nber.org/papers/w28314, 18.03.2021.
  • 5. Brzeziński, L., Hadas, L., Cyplik, P. (2021). The Transformation of the Business Model of SMEs due to COVID-19 Pandemic. European Research Studies, 24(2B), 915-924.
  • 6. Caballero-Morales, S.O. (2021). Innovation as a recovery strategy for SMEs in emerging economies during the COVID-19 pandemic. Research in international business and finance, 57, 101396.
  • 7. Cepel, M., Gavurova, B., Dvorský, J., Belas, J. (2020). The impact of the COVID-19 crisis on the perception of business risk in the SME segment. Journal of International Studies.
  • 8. Clauss, T., Breier, M., Kraus, S., Durst, S., Mahto, R.V. (2022). Temporary business model innovation-SMEs’ innovation response to the Covid‐ 19 crisis. RandD Management, 52(2), 294-312.
  • 9. Czakon, W. (2006). Łabędzie Poppera - case studies w badaniach nauk o zarządzaniu. Przegląd Organizacji, Vol. 9, pp. 9-12.
  • 10. De Massis, A., Kotlar, J. (2014). The case study method in family business research: Guidelines for qualitative scholarship. Journal of Family Business Strategy, Vol. 5(1), 15-29.
  • 11. European Commission 2003. European Commission Recommendation of 6 May 2003 concerning the definition of micro, small and medium-sized enterprises. Document number C (2003) 1422, Text with EEA relevance, 2003/361/EC, Official Journal of the European Union, 124.
  • 12. Foss, N.J. (2021). The Impact of the Covid-19 Pandemic on Firms’ Organizational Designs. J. Manage. Stud., 58, 270-274.
  • 13. Gopalakrishnan, S., Kovoor-Misra, S. (2021). Understanding the impact of the Covid-19 pandemic through the lens of innovation. BRQ Business Research Quarterly, 24(3), 224-232.
  • 14. Guckenbiehl P., Corral de Zubielqui G. (22022). Start-ups’ business model changes during the COVID-19 pandemic: Counteracting adversities and pursuing opportunities. International Small Business Journal, 40(2), 150-177.
  • 15. Klein, V.B., and Todesco, J.L. (2021). COVID-19 crisis and SMEs responses: The role of digital transformation. Knowledge and Process Management, 28(2), 117-133.
  • 16. Lee, S.M., Trimi, S. (2021). Convergence innovation in the digital age and in the COVID-19 pandemic crisis. Journal of Business Research, 123, 14-22.
  • 17. Liguori, E.W., Pittz, T.G. (2020). Strategies for small business: Surviving and thriving in the era of COVID-19. Journal of the International Council for Small Business, 1(2), 106-110.
  • 18. Meahjohn, I., and Persad, P. (2020). The impact of COVID-19 on entrepreneurship globally. Journal of Economics and Business, 3(3).
  • 19. PARP (2021). Report on the state of the sector of small and medium enterprises in Poland, 2021, commissioned by the Polish Agency for Enterprise Development, Warsaw.
  • 20. Sarkar, S., Clegg, S.R. (2021). Resilience in a time of contagion: Lessons from small businesses during the COVID-19 pandemic. Journal of Change Management, 21(2), 242-267.
  • 21. Steinerowska-Streb, I., Głód. G. (2020). Innovations in Polish family firms. Exploring employee creativity and management practices that stimulate innovative thinking. Journal of Entrepreneurship, Management and Innovation, 16(1), 231-260.
  • 22. Szarucki, M., Noga, G., Kosch, O. (2021). Wpływ pandemii COVID-19 na modele biznesu przedsiębiorstw sektora MŚP w Polsce. Horyzonty Polityki, 12(40), 95-114.
  • 23. Thukral, E. (2021). COVID‐ 19: Small and medium enterprises challenges and responses with creativity, innovation, and entrepreneurship. Strategic Change, 30(2), 153-158.
  • 24. Wojnicka-Sycz, E., Piróg, K., Tutaj, J., Walentynowicz, P., Sycz, P., TenBrink, C. (2022). From adjustment to structural changes-innovation activity of enterprises in the time of COVID-19 pandemic. Innovation: The European Journal of Social Science Research, 1-26.
  • 25. Zamani, E.D., Griva, A., Conboy, K. (2022). Using Business Analytics for SME Business Model Transformation under Pandemic Time Pressure. Information Systems Frontiers, 1-22.
Uwagi
PL
Opracowanie rekordu ze środków MEiN, umowa nr SONP/SP/546092/2022 w ramach programu "Społeczna odpowiedzialność nauki" - moduł: Popularyzacja nauki i promocja sportu (2022-2023).
Typ dokumentu
Bibliografia
Identyfikator YADDA
bwmeta1.element.baztech-709559f2-6223-4dd0-b679-e404b7181bef
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