The role of flexibility, digitalization, and crisis response strategy for SMEs: Case of COVID-19
dc.authorid | 0000-0002-5941-1387 | |
dc.authorid | 0000-0003-1432-8958 | |
dc.authorid | 0000-0003-3540-2264 | |
dc.authorid | 0000-0001-6627-6454 | |
dc.contributor.author | Kahveci, Eyüp | |
dc.contributor.author | Avunduk, Zehra Binnur | |
dc.contributor.author | Daim, Tuğrul | |
dc.contributor.author | Zaim, Selim | |
dc.contributor.other | Yönetim Bilimleri Fakültesi, İşletme Bölümü | |
dc.date.accessioned | 2024-08-20T13:22:29Z | |
dc.date.available | 2024-08-20T13:22:29Z | |
dc.date.issued | 2024 | |
dc.department | İHÜ, Yönetim Bilimleri Fakültesi, İşletme Bölümü | |
dc.description.abstract | We explore the impact of COVID-19 on small- and medium-sizedenterprises (SMEs) and examine how crisis management strate-gies, particularly related to flexibility and digitalization, haveinfluenced their responses during and after the pandemic. Inthis regard, we investigate the relationships between strategicflexibility, digitalization, digital technology adoption, COVID-19 perception, and firm strategy after the pandemic by specifi-cally incorporating the mediating role of the crisis responsestrategy. Based on a survey of 206 Turkish SMEs in manufactur-ing and service industries, our research employs structural equa-tion modeling using Smart PLS. Our findings indicate that crisisresponse strategies play a significant role in shaping the firmstrategy after COVID-19, mediating the impact of strategic flex-ibility, digitalization, digital technology adoption, and COVID-19 perception. The findings highlight the importance of crisisresponse strategies—including optimizing business models,developing marketing channels, investing in technologicalinnovation, diversifying into new business areas, and integrat-ing the supply chain—during the COVID-19 period. These stra-tegies are crucial influencers in shaping the firm strategies ofSMEs beyond the pandemic. In particular, SMEs demonstrateadaptation by reassessing and restructuring their product port-folios, expanding their presence in regional markets, and estab-lishing strategic collaborations to thrive in the evolving businesslandscape. | |
dc.identifier.citation | Kahveci, E., Avunduk, Z. B., Daim, T. ve Zaim, S. (2024). The role of flexibility, digitalization, and crisis response strategy for SMEs: Case of COVID-19. Journal of Small Business Management, 1-38. https://www.doi.org/10.1080/00472778.2024.2377671 | |
dc.identifier.doi | 10.1080/00472778.2024.2377671 | |
dc.identifier.endpage | 38 | |
dc.identifier.issn | 0047-2778 | |
dc.identifier.issn | 1540-627X | |
dc.identifier.scopus | 2-s2.0-85200948901 | |
dc.identifier.scopusquality | Q1 | |
dc.identifier.startpage | 1 | |
dc.identifier.uri | https://www.doi.org/10.1080/00472778.2024.2377671 | |
dc.identifier.uri | https://hdl.handle.net/20.500.12154/2961 | |
dc.identifier.wos | WOS:001287721500001 | |
dc.identifier.wosquality | Q1 | |
dc.indekslendigikaynak | Scopus | |
dc.indekslendigikaynak | Web of Science | |
dc.institutionauthor | Zaim, Selim | |
dc.institutionauthorid | 0000-0003-3540-2264 | |
dc.language.iso | en | |
dc.publisher | Taylor and Francis | |
dc.relation.ispartof | Journal of Small Business Management | |
dc.relation.publicationcategory | Makale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı | |
dc.rights | info:eu-repo/semantics/openAccess | |
dc.subject | COVID-19 | |
dc.subject | Crisis Response Strategy | |
dc.subject | Digital Technology Adoption | |
dc.subject | Firm Strategy | |
dc.subject | Flexibility | |
dc.subject | SMEs | |
dc.subject | Digitalization | |
dc.title | The role of flexibility, digitalization, and crisis response strategy for SMEs: Case of COVID-19 | |
dc.type | Article | |
dspace.entity.type | Publication | |
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