Peruvian Small and Medium-Sized Enterprises in Times of Crisis—Or What Is Happening over Time?

Susanne Durst, Ann Svensson and Mariano Martin Genaro Palacios Acuache
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Susanne Durst: Department of Business Administration, Tallinn University of Technology, 19086 Tallinn, Estonia
Ann Svensson: School of Business, Economics and IT, University West, 46186 Trollhättan, Sweden
Mariano Martin Genaro Palacios Acuache: Independent Researcher, Lima 15073, Peru

Sustainability, 2021, vol. 13, issue 24, 1-17

Abstract: Crises means a particular threat to small and medium-sized enterprises (SMEs). The pandemic is no exception; on the contrary, it reinforces this threat. This study provides insight into crisis management in SMEs over a period of time. Data were collected through semi-structured interviews in Peruvian SMEs at two points in time. The findings provide insight into how the Peruvian firms studied adapted to the new situation, and initiated responses to cope with the crisis covering the period April–December 2020. By having studied the phenomenon of crisis management in SMEs at different stages, the study contributes to the further development of still underdeveloped fields of research, namely, crisis management in Latin America in general, and crisis management in SMEs in particular.

Keywords: crisis; crisis management; small and medium-sized enterprises (SMEs); Latin America; Peru; longitudinal (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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