Purpose

This study aims to explore how small and medium-sized enterprises (SMEs) in Indonesia display resilience in response to the Covid-19 pandemic.

Design/methodology/approach

A qualitative research design was used, which involved semi-structured interviews on five creative industry-based businesses in Yogyakarta, Indonesia. A narrative inquiry approach was used to obtain an in-depth understanding of SMEs’ resilience. The data obtained were analyzed using thematic analysis via MaxQDA 2020.

Findings

The Covid-19 pandemic triggered the emergence of both new opportunities and new constraints for SMEs. These, in turn, significantly interrupt their business model. SMEs are found to navigate survival, continuity and growth by drawing from their resourcefulness and firm-level strategies to cope with the new opportunities and constraints.

Research limitations/implications

This study was conducted qualitatively based on five SMEs in the creative industry in Indonesia. This limits the ability to compare the findings across different economic sectors.

Practical implications

SMEs facing emergent constraints may need to find new ways to recombine existing resources and simultaneously seek to innovate their business model. Business owners and entrepreneurs should adopt a positive mindset such as optimism, perseverance and efficacy, to cope with adversity. Growth-oriented SMEs may make use of a competitive mindset such as flexibility, speed and innovation, to spot and exploit opportunities that emerge from the crisis.

Social implications

SMEs’ resilience should be understood not only in terms of economic survival and continuity but, more deeply, about their social contribution to the localities where they operate.

Originality/value

This study illustrates the process of how adaptive resilience is adapted and executed by SMEs. It also contributes to entrepreneurial resilience and resourcefulness literature by explaining how entrepreneurs anticipate, respond to and leverage from the crisis.

中文翻译：

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Covid-19 大流行期间的创业韧性：导航生存、连续性和增长

目的

本研究旨在探讨印度尼西亚的中小企业 (SME) 如何在应对 Covid-19 大流行时表现出弹性。

设计/方法/方法

使用了定性研究设计，其中包括对印度尼西亚日惹的五家创意产业企业的半结构化访谈。使用叙述式调查方法来深入了解中小企业的复原力。获得的数据通过 MaxQDA 2020 使用专题分析进行分析。

发现

Covid-19 大流行引发了中小企业的新机遇和新限制。这些反过来又严重干扰了他们的商业模式。发现中小企业通过利用其足智多谋和公司层面的战略来应对新的机遇和限制，从而在生存、连续性和增长方面取得成功。

研究限制/影响

本研究基于印度尼西亚创意产业的五家中小企业进行定性研究。这限制了比较不同经济部门调查结果的能力。

实际影响

面临紧急制约的中小企业可能需要寻找新的方法来重组现有资源，同时寻求创新其商业模式。企业主和企业家应以乐观、坚韧、高效等积极心态应对逆境。以增长为导向的中小企业可以利用灵活性、速度和创新等竞争心态来发现和利用危机中出现的机会。

社会影响

中小企业的复原力不仅应该从经济生存和连续性的角度来理解，而且更深入地应该从它们对经营所在地的社会贡献来理解。

原创性/价值

本研究说明了中小企业如何适应和执行适应性弹性的过程。它还通过解释企业家如何预测、应对和利用危机来促进企业家复原力和足智多谋的文献。