Performance stability among small and medium-sized enterprises during COVID-19: A test of the efficacy of dynamic capabilities.

IF 7.1 2区管理学 Q1 Business, Management and Accounting

International Small Business Journal-Researching Entrepreneurship Pub Date : 2022-05-01 DOI:10.1177/02662426211033270

Jack A Clampit, Melanie P Lorenz, John E Gamble, Jim Lee

引用次数: 0

Abstract

COVID-19 wreaked havoc on public health and the global economy. Small and medium-sized enterprises (SMEs) were hit especially hard. In this research note, we test the ability of dynamic capabilities (DCs) to predict SME performance during the pandemic. Based on our analysis of data from a survey conducted in the United States, we find that DCs meaningfully predicted both operational levels and revenue. Furthermore, while the empirical literature suggests that SME size is positively related to DC efficacy, we found that this effect was reversed during COVID-19, as the positive link between DCs and performance was stronger for smaller SMEs.

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新冠肺炎期间中小企业绩效稳定性：动态能力效力的检验

新冠肺炎对公共卫生和全球经济造成严重破坏。中小企业受到的打击尤其严重。在本研究报告中，我们测试了动态能力（DC）在疫情期间预测中小企业绩效的能力。根据我们对美国一项调查数据的分析，我们发现DC有意义地预测了运营水平和收入。此外，尽管实证文献表明，中小企业规模与DC功效呈正相关，但我们发现，在新冠肺炎期间，这种效应发生了逆转，因为较小的中小企业的DC与绩效之间的积极联系更强。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

International Small Business Journal-Researching Entrepreneurship Multiple-

CiteScore

10.80

自引率

8.50%

发文量

期刊介绍： The International Small Business Journal (ISBJ) is a leading peer-reviewed journal renowned for publishing high-quality original research papers on small business and entrepreneurship. It prioritizes research-based studies that contribute to theory development, critical understanding, and policy formulation related to small firms. ISBJ papers encompass theoretical, methodological, and empirical studies from various disciplines and perspectives, aiming for research excellence in the field. The journal provides a critical forum for world-class contributions analyzing entrepreneurship and entrepreneurial behavior. This refereed journal is valuable to academics, policymakers, analysts, government and business officials, small business representative bodies, and support agencies seeking to gain insights into the sector, trade, business institutions, and related matters.