Open Access
Innovation practices for survival of small and medium enterprises (SMEs) in the COVID-19 times: the role of external support
Publication type: Journal Article
Publication date: 2021-05-27
scimago Q1
SJR: 0.889
CiteScore: 8.6
Impact factor: —
ISSN: 21925372
PubMed ID:
34075328
Sociology and Political Science
Information Systems
Management of Technology and Innovation
Economics and Econometrics
Management Information Systems
Abstract
Global epidemic crises, such as the coronavirus (COVID-19), usually expose small and medium enterprises (SMEs) to various kinds of challenges and may put their lives at risk. This study aims to develop a theoretical model to provide insights about the association between innovation practices and the SMEs’ performance and survival while underlining the auxiliary role of external support in such a relationship. Online questionnaire has been used to collect the data from 259 randomly selected SME managers in Saudi Arabia, and the data was analyzed using the SmartPLS3 software. The structural equation modeling results showed that the innovation practices adopted by SMEs to face the repercussions of COVID-19 had a positive impact on the performance and likelihood of business survival. PLS-SEM bootstrap results indicated that external support aids strengthen the positive impact of SMEs’ innovation practices on business survival rather than its performance. The study has several significant practical implications for SME managers, governments, and policy makers that have been stated.
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Total citations:
223
Citations from 2024:
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(50.68%)
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Adam N. A., Alarifi G. 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. 2021. Vol. 10. No. 1. 15
GOST all authors (up to 50)
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Adam N. A., Alarifi G. 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. 2021. Vol. 10. No. 1. 15
Cite this
RIS
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TY - JOUR
DO - 10.1186/s13731-021-00156-6
UR - https://doi.org/10.1186/s13731-021-00156-6
TI - Innovation practices for survival of small and medium enterprises (SMEs) in the COVID-19 times: the role of external support
T2 - Journal of Innovation and Entrepreneurship
AU - Adam, Nawal Abdalla
AU - Alarifi, Ghadah
PY - 2021
DA - 2021/05/27
PB - Springer Nature
IS - 1
VL - 10
PMID - 34075328
SN - 2192-5372
ER -
Cite this
BibTex (up to 50 authors)
Copy
@article{2021_Adam,
author = {Nawal Abdalla Adam and Ghadah Alarifi},
title = {Innovation practices for survival of small and medium enterprises (SMEs) in the COVID-19 times: the role of external support},
journal = {Journal of Innovation and Entrepreneurship},
year = {2021},
volume = {10},
publisher = {Springer Nature},
month = {may},
url = {https://doi.org/10.1186/s13731-021-00156-6},
number = {1},
pages = {15},
doi = {10.1186/s13731-021-00156-6}
}