Research on the Impact of COVID-19 on Middle and Small-sized Enterprises

DOI

10.2991/assehr.k.211209.255How to use a DOI?

Keywords

Novel coronavirus; Middle and small-sized enterprises; The supply chain & Demand chain; Macroeconomic

Abstract

At a time when economies are growing and increasingly interconnected, the sudden outbreak and spread of COVID-19 at the end of 2019 disrupted the domestic and international economic balance and had a profound impact on social order and macroeconomy. The interruption of the global supply chain has greatly impacted the development of enterprises. The paper will use the research methods of reading large numbers of domestic and foreign kinds of literature and browsing the COVID-19’s big environmental data to describe the survival crisis faced by small and medium-sized enterprises under the outbreak of new crown pneumonia and analyze the viability and challenges of small and medium-sized enterprises from two perspectives, namely, short term and long term. Facing the “post epidemic era”, this paper puts forward some suggestions on management innovation of small and medium-sized enterprises and promoting the upgrading and transformation of new business models from three aspects. The research results show that with the help of the state and the government, most small and medium-sized enterprises have successfully survived the crisis and are transforming to popular industries and future development industries.

Copyright

© 2021 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article under the CC BY-NC license.

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TY  - CONF
AU  - Hangcheng Meng
PY  - 2021
DA  - 2021/12/15
TI  - Research on the Impact of COVID-19 on Middle and Small-sized Enterprises
BT  - Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021)
PB  - Atlantis Press
SP  - 1575
EP  - 1578
SN  - 2352-5428
UR  - https://doi.org/10.2991/assehr.k.211209.255
DO  - 10.2991/assehr.k.211209.255
ID  - Meng2021
ER  -