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Języki publikacji
Abstrakty
Theoretical background: Beyond doubt, the COVID-19 pandemic has caused a series of perturbations in the economies of almost every country in the world. This global crisis has contributed to the business turmoil and has been seen in services in particular. Due to restrictions on economic activity introduced by governments of countries, which were aimed at slowing down the scale of virus infections, many enterprises faced a severe dilemma, i.e. how to continue their activities, how to survive the crisis, and maybe end this activity, or change it into another. For many companies, the pandemic crisis turned out to cause multi-faceted losses and even bankruptcy. But also, some companies saw the crisis as an opportunity to introduce positive changes and gain new sales markets and customers. For these companies, the coronavirus pandemic has become a growth catalyst.
Purpose of the article: The theoretical part of the article is devoted to analyzing the literature resources on the coronavirus pandemic and its impact on business. In the practical part, the author explores the results of the quantitative research conducted in 2021 to find out how the coronavirus influenced the functioning of the SME sector in Poland. The author posed the following research questions: How did coronavirus impact the functioning of enterprises? How did companies cope with this crisis? Was the pandemic crisis a source of financial failure or collapse of Polish enterprises? Was it an opportunity for market success? Did the pandemic initiate new business strategies, cause or accelerate changes in the business model?
Research methods: The literature review was made using the database of scientific articles in Google Scholar and ResearchGate. The author searched for relevant articles using the following keywords: "COVID-19", "coronavirus", "pandemic", "pandemic crisis", and "lockdown". The quantitative study covered 500 Polish business entities operating in production, trade, and services in domestic and foreign markets. There were no limitations regarding the area of activity (according to the Polish Classification of Activities) or the number of years of firms' presence on the market. The study did not cover large enterprises, i.e. 250 or more employees. Theoretical background: Beyond doubt, the COVID-19 pandemic has caused a series of perturbations in the economies of almost every country in the world. This global crisis has contributed to the business turmoil and has been seen in services in particular. Due to restrictions on economic activity introduced by governments of countries, which were aimed at slowing down the scale of virus infections, many enterprises faced a severe dilemma, i.e. how to continue their activities, how to survive the crisis, and maybe end this activity, or change it into another. For many companies, the pandemic crisis turned out to cause multi-faceted losses and even bankruptcy. But also, some companies saw the crisis as an opportunity to introduce positive changes and gain new sales markets and customers. For these companies, the coronavirus pandemic has become a growth catalyst.
Purpose of the article: The theoretical part of the article is devoted to analyzing the literature resources on the coronavirus pandemic and its impact on business. In the practical part, the author explores the results of the quantitative research conducted in 2021 to find out how the coronavirus influenced the functioning of the SME sector in Poland. The author posed the following research questions: How did coronavirus impact the functioning of enterprises? How did companies cope with this crisis? Was the pandemic crisis a source of financial failure or collapse of Polish enterprises? Was it an opportunity for market success? Did the pandemic initiate new business strategies, cause or accelerate changes in the business model? Research methods: The literature review was made using the database of scientific articles in Google Scholar and ResearchGate. The author searched for relevant articles using the following keywords: "COVID-19", "coronavirus", "pandemic", "pandemic crisis", and "lockdown". The quantitative study covered 500 Polish business entities operating in production, trade, and services in domestic and foreign markets. There were no limitations regarding the area of activity (according to the Polish Classification of Activities) or the number of years of firms' presence on the market. The study did not cover large enterprises, i.e. 250 or more employees.
Main findings: In general, the coronavirus pandemic caused problems in the market but did not contribute to the drastic collapse of the SME sector, nor was it a catalyst for their spectacular development. The conducted study showed that most companies dealt moderately well with the pandemic crisis. They took remedial action to avoid a complete loss of liquidity, going out of business, and bankruptcy risk. A small percentage saw an opportunity in the crisis or used this time to improve their situation.
Main findings: In general, the coronavirus pandemic caused problems in the market but did not contribute to the drastic collapse of the SME sector, nor was it a catalyst for their spectacular development. The conducted study showed that most companies dealt moderately well with the pandemic crisis. They took remedial action to avoid a complete loss of liquidity, going out of business, and bankruptcy risk. A small percentage saw an opportunity in the crisis or used this time to improve their situation. (original abstract)
Purpose of the article: The theoretical part of the article is devoted to analyzing the literature resources on the coronavirus pandemic and its impact on business. In the practical part, the author explores the results of the quantitative research conducted in 2021 to find out how the coronavirus influenced the functioning of the SME sector in Poland. The author posed the following research questions: How did coronavirus impact the functioning of enterprises? How did companies cope with this crisis? Was the pandemic crisis a source of financial failure or collapse of Polish enterprises? Was it an opportunity for market success? Did the pandemic initiate new business strategies, cause or accelerate changes in the business model?
Research methods: The literature review was made using the database of scientific articles in Google Scholar and ResearchGate. The author searched for relevant articles using the following keywords: "COVID-19", "coronavirus", "pandemic", "pandemic crisis", and "lockdown". The quantitative study covered 500 Polish business entities operating in production, trade, and services in domestic and foreign markets. There were no limitations regarding the area of activity (according to the Polish Classification of Activities) or the number of years of firms' presence on the market. The study did not cover large enterprises, i.e. 250 or more employees. Theoretical background: Beyond doubt, the COVID-19 pandemic has caused a series of perturbations in the economies of almost every country in the world. This global crisis has contributed to the business turmoil and has been seen in services in particular. Due to restrictions on economic activity introduced by governments of countries, which were aimed at slowing down the scale of virus infections, many enterprises faced a severe dilemma, i.e. how to continue their activities, how to survive the crisis, and maybe end this activity, or change it into another. For many companies, the pandemic crisis turned out to cause multi-faceted losses and even bankruptcy. But also, some companies saw the crisis as an opportunity to introduce positive changes and gain new sales markets and customers. For these companies, the coronavirus pandemic has become a growth catalyst.
Purpose of the article: The theoretical part of the article is devoted to analyzing the literature resources on the coronavirus pandemic and its impact on business. In the practical part, the author explores the results of the quantitative research conducted in 2021 to find out how the coronavirus influenced the functioning of the SME sector in Poland. The author posed the following research questions: How did coronavirus impact the functioning of enterprises? How did companies cope with this crisis? Was the pandemic crisis a source of financial failure or collapse of Polish enterprises? Was it an opportunity for market success? Did the pandemic initiate new business strategies, cause or accelerate changes in the business model? Research methods: The literature review was made using the database of scientific articles in Google Scholar and ResearchGate. The author searched for relevant articles using the following keywords: "COVID-19", "coronavirus", "pandemic", "pandemic crisis", and "lockdown". The quantitative study covered 500 Polish business entities operating in production, trade, and services in domestic and foreign markets. There were no limitations regarding the area of activity (according to the Polish Classification of Activities) or the number of years of firms' presence on the market. The study did not cover large enterprises, i.e. 250 or more employees.
Main findings: In general, the coronavirus pandemic caused problems in the market but did not contribute to the drastic collapse of the SME sector, nor was it a catalyst for their spectacular development. The conducted study showed that most companies dealt moderately well with the pandemic crisis. They took remedial action to avoid a complete loss of liquidity, going out of business, and bankruptcy risk. A small percentage saw an opportunity in the crisis or used this time to improve their situation.
Main findings: In general, the coronavirus pandemic caused problems in the market but did not contribute to the drastic collapse of the SME sector, nor was it a catalyst for their spectacular development. The conducted study showed that most companies dealt moderately well with the pandemic crisis. They took remedial action to avoid a complete loss of liquidity, going out of business, and bankruptcy risk. A small percentage saw an opportunity in the crisis or used this time to improve their situation. (original abstract)
Słowa kluczowe
Rocznik
Tom
Numer
Strony
131--148
Opis fizyczny
Twórcy
autor
- Czestochowa University of Technology, Poland
Bibliografia
- Abuselidze, G., & Slobodianyk, A. (2020). Social responsibility of business and government in the conditions of the COVID-19 pandemic. E3S Web of Conferences 210, 15016, ITSE-2020. doi:10.1051/e3sconf/202021015016
- Andrienko, O. (2020). Ecommerce & Consumer Trends During Coronavirus. Retrieved from https://www.semrush.com/blog/ecommerce-covid-19/
- Baldwin, R., & Mauro, B.W. (2020). Economics in the Time of COVID-19. London: Centre for Economic Policy Research Press.
- Bartik, A., Bertrand, M., Cullen, Z., Glaeser, E., Luca, M., & Stanton, C. (2020). How are small businesses adjusting to COVID-19? Early evidence from a survey. NBER Working Paper No. w26989. Retrieved from https://www.nber.org/papers/w26989
- Bhatti, A., Akram, H., Basit, H.M., Khan, A.U., Mahwish Raza Naqvi, S., & Bilal, M. (2020). E-commerce trends during COVID-19 Pandemic. International Journal of Future Generation Communication and Networking, 13(2), 1449-1452.
- Davis, S. (2020). How Coronavirus Is Impacting Ecommerce. Retrieved from https://roirevolution.com/blog/coronavirus-and-ecommerce/
- Deloitte. (2020). Niemal sześć na dziesięć polskich firm odczuło negatywny wpływ epidemii koronawirusa. Polscy CFO: kluczowym celem w ciągu najbliższych 12 miesięcy będzie redukcja kosztów. Retrieved from https://www2.deloitte.com/pl/pl/pages/press-releases/articles/niemal-szesc-na-dziesiec-polskich-fim-odczulo-negatywny-wplyw-epidemii-koronawirusa.html
- Fairlie, R. (2020). The impact of covid-19 on small business owners: Evidence of early-stage losses from the April 2020 current population survey. NBER Working Paper 27309. Retrieved from http://www.nber.org/papers/w27309
- Fairlie, R., & Fossen, F.M. (2022). The early impacts of the COVID-19 pandemic on business sales. Small Business Economics, 58, 1853-1864. doi:10.1007/s11187-021-00479-4
- Fehér, P., Kő, A., Kovács, T., Őri, D., Szabó, I., Szabó, Z., & Varga, K. (2022). The Impact of the COVID-19 Pandemic on the Digitalisation Practices of Hungarian Companies. 41 st International Conference on Organizational Science Development: Society's Challenges for Organizational Opportunities, 23-25 March 2022, Slovenia: Congress Centre Portus. Retrieved from https://press.um.si/index.php/ump/catalog/view/663/886/2048-1
- French-Polish Chamber of Commerce. (2020). Wpływ koronawirusa na działalność fim w Polsce. Retrieved from https://fr.calameo.com/read/004601149748ee2a1c15e
- Gregurec, I., Tomičić-Furjan, M., & Tomičić-Pupek, K. (2021). The impact of COVID-19 on sustainable business models in SMEs. Sustainability, 13(1098). doi:10.3390/su13031098
- Klein, V.B., & Todesco, J.L. (2021). COVID-19crisis and SMEs responses: The role of digital transformation. Knowledge and Process Management, 28, 117-133. doi:10.1002/kpm.1660KLEINANDTODESCO133
- Kluzek, M. (2021). State aid for SMEs during the pandemic in Poland. Annales Universitatis Mariae Curie-Skłodowska, sectio H - Oeconomia, 55(4), 23-35. doi:10.17951/h.2021.55.4.23-35
- Koźmiński, A.K., & Piotrowski, W. (2000). Zarządzanie. Teoria i praktyka. Warszawa: PWN.
- Kuckertz, A., Brändle, L., Gaudig, A., Hinderer, S., Morales Reyes, C.A., Prochotta, A., Steinbrink, K.M., & Berger, E.S.C. (2020). Startups in times of crisis - a rapid response to the COVID-19 pandemic. Journal of Business Venturing Insights, 13, e00169. doi:10.1016/j.jbvi.2020.e00169
- Pan, S.L., Cui, M., & Qian, J. (2020). Information resource orchestration during the COVID-19 pandemic: A study of community lockdowns in China. International Journal of Information Management, 54, 102143. doi:10.1016/j.ijinfomgt.2020.102143
- PARP. (2020). Pomiar pulsu przedsiębiorstw. Badanie COVID-19 Business Pulse Survey (COV-BPS) - Polska. Retrieved from https://www.parp.gov.pl/storage/publications/pdf/08-COV-BPS-Survey_Poland_results_FINAL_PL_plus_author_info.pdf
- Pasieczny, J. (2005). Dlaczego kryzys nie musi prowadzić do rozwoju? Przegląd Organizacji, 6(785), 7-11. doi:10.33141/po.2005.06.01
- Piecuch, T., & Skalik, J. (2010). Funkcjonowanie polskich MŚP w warunkach kryzysu. Wrocław: Wyd. UE.
- Priyono, A., Moin, A., & Putri, V.N.A.O. (2020). Identifying digital transformation paths in the business model of SMEs during the COVID-19 pandemic. Journal of Open Innovation: Technology, Market, and Complexity, 6(4), 104. doi:10.3390/joitmc6040104
- Puls Biznesu. (2020). COVID postrachem, ale i motorem biznesu. Retrieved from https://www.pb.pl/covidpostrachem-ale-i-motorem-biznesu-1005321
- Richter, A. (2020). Locked-down digital work. International Journal of Information Management, 55, 102157. doi:10.1016/j.ijinfomgt.2020.102157
- Seetharaman, P. (2020). Business models shifts: Impact of Covid-19. International Journal of Information Management, 54, 102173. doi:10.1016/j.ijinfomgt.2020.102173
- Shang, y., Li, H., & Zhang, R. (2021). Effects of pandemic outbreak on economies: Evidence from business history context. Frontiers in Public Health, 9(632043), 1-9. doi:10.3389/fpubh.2021.632043
- Sharma, P., Leung, T.y., Kingshott, R.P.J., Davcik, N.S., & Cardinali, S. (2020). Managing uncertainty during a global pandemic: An international business perspective. Journal of Business Research, 116, 188-192. doi:10.1016/j.jbusres.2020.05.026
- Tiutiunyk, I., Humenna, y., & Flaumer, A. (2021). COVID-19 impact on business sector activity in the EU countries: Digital issues. Health Economics and Management Review, 1, 54-66. doi:10.21272/hem.2021.1-06
- UNCTAD. (2022). COVID-19 boost to e-commerce sustained into 2021, new UNCTAD figures show. Retrieved from https://unctad.org/news/covid-19-boost-e-commerce-sustained-2021-new-unctadfiures-show
- Walas-Trębacz, J., & Ziarko, J. (2011). Podstawy zarządzania kryzysowego. Część 2: Zarządzanie kryzysowe w przedsiębiorstwie. Kraków: Krakowska Akademia im. Andrzeja Frycza Modrzewskiego.
- Włodarczyk, E. (2011). Zdarzenie losowe i sytuacja kryzysowa. In E. Włodarczyk & I. Cytlak (Eds.), Człowiek wobec krytycznych sytuacji życiowych. Z teorii i praktyki pracy socjalnej (pp. 311-330). Poznań: Wyd. UAM.
- World Bank. (2021). How COVID-19 is affecting companies around the world. Retrieved from https://www.worldbank.org/en/news/infographic/2021/02/17/how-covid-19is-affecting-companies-aroundthe-world
- World Health Organization. (2020). WHO Coronavirus Disease (COVID-19) Dashboard. Retrieved from https://covid19.who.int/info
- Ziółko, M., Sułek, K., Suprunenko, Y., Werońska, K., & Dziedzic, D. (2021). The increasing popularity and service quality assessment of online food ordering applications in the COVID-19 pandemic. A study of Uber Eats in Poland. Annales Universitatis Mariae Curie-Skłodowska, sectio H - Oeconomia, 55(4), 73-95. doi:10.17951/h.2021.55.4.73-95
Typ dokumentu
Bibliografia
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Identyfikator YADDA
bwmeta1.element.ekon-element-000171663568
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