The Resilience of SMEs in Fighting COVID-19 through Online Business Acceleration

The COVID-19 pandemic has impacted the social and economic well-being of the world. From an economic perspective, nations around the world have been negatively impacted by the pandemic, including Malaysia. Billions of Ringgit Malaysia have been lost, and businesses, especially SMEs, have suffered tr...

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Published in:International Journal of Applied Economics, Finance and Accounting
Main Author: Rahim H.L.; Sarifah Radiah Shariff S.; Ngah R.; Jalil S.A.
Format: Article
Language:English
Published: Online Academic Press 2022
Online Access:https://www.scopus.com/inward/record.uri?eid=2-s2.0-85134810618&doi=10.33094%2fijaefa.v13i1.570&partnerID=40&md5=46fde95c0af869acc21fdd4775d9cdf3
id 2-s2.0-85134810618
spelling 2-s2.0-85134810618
Rahim H.L.; Sarifah Radiah Shariff S.; Ngah R.; Jalil S.A.
The Resilience of SMEs in Fighting COVID-19 through Online Business Acceleration
2022
International Journal of Applied Economics, Finance and Accounting
13
1
10.33094/ijaefa.v13i1.570
https://www.scopus.com/inward/record.uri?eid=2-s2.0-85134810618&doi=10.33094%2fijaefa.v13i1.570&partnerID=40&md5=46fde95c0af869acc21fdd4775d9cdf3
The COVID-19 pandemic has impacted the social and economic well-being of the world. From an economic perspective, nations around the world have been negatively impacted by the pandemic, including Malaysia. Billions of Ringgit Malaysia have been lost, and businesses, especially SMEs, have suffered tremendously. However, the number of online businesses has increased due to the pandemic response that forced people to stay home. Thus, this paper studies the online business phenomenon among SMEs in Malaysia. The study employs a quantitative survey among online business entrepreneurs in Malaysia. Based on the findings, it reveals that of the SMEs in Malaysia that ventured into online business, most were motivated by the pandemic as they saw it as a business opportunity. Surprisingly, the majority of them agreed that the pandemic positively impacted their business and their sustainability. © 2022 by the authors.
Online Academic Press
2577767X
English
Article
All Open Access; Bronze Open Access
author Rahim H.L.; Sarifah Radiah Shariff S.; Ngah R.; Jalil S.A.
spellingShingle Rahim H.L.; Sarifah Radiah Shariff S.; Ngah R.; Jalil S.A.
The Resilience of SMEs in Fighting COVID-19 through Online Business Acceleration
author_facet Rahim H.L.; Sarifah Radiah Shariff S.; Ngah R.; Jalil S.A.
author_sort Rahim H.L.; Sarifah Radiah Shariff S.; Ngah R.; Jalil S.A.
title The Resilience of SMEs in Fighting COVID-19 through Online Business Acceleration
title_short The Resilience of SMEs in Fighting COVID-19 through Online Business Acceleration
title_full The Resilience of SMEs in Fighting COVID-19 through Online Business Acceleration
title_fullStr The Resilience of SMEs in Fighting COVID-19 through Online Business Acceleration
title_full_unstemmed The Resilience of SMEs in Fighting COVID-19 through Online Business Acceleration
title_sort The Resilience of SMEs in Fighting COVID-19 through Online Business Acceleration
publishDate 2022
container_title International Journal of Applied Economics, Finance and Accounting
container_volume 13
container_issue 1
doi_str_mv 10.33094/ijaefa.v13i1.570
url https://www.scopus.com/inward/record.uri?eid=2-s2.0-85134810618&doi=10.33094%2fijaefa.v13i1.570&partnerID=40&md5=46fde95c0af869acc21fdd4775d9cdf3
description The COVID-19 pandemic has impacted the social and economic well-being of the world. From an economic perspective, nations around the world have been negatively impacted by the pandemic, including Malaysia. Billions of Ringgit Malaysia have been lost, and businesses, especially SMEs, have suffered tremendously. However, the number of online businesses has increased due to the pandemic response that forced people to stay home. Thus, this paper studies the online business phenomenon among SMEs in Malaysia. The study employs a quantitative survey among online business entrepreneurs in Malaysia. Based on the findings, it reveals that of the SMEs in Malaysia that ventured into online business, most were motivated by the pandemic as they saw it as a business opportunity. Surprisingly, the majority of them agreed that the pandemic positively impacted their business and their sustainability. © 2022 by the authors.
publisher Online Academic Press
issn 2577767X
language English
format Article
accesstype All Open Access; Bronze Open Access
record_format scopus
collection Scopus
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