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An absorptive capacity-based systems view of Covid-19 in the small business economy

Rosa Caiazza (), Phillip Phan (), Erik Lehmann and Henry Etzkowitz
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Rosa Caiazza: Parthenope University
Erik Lehmann: Augsburg University
Henry Etzkowitz: Stanford University

International Entrepreneurship and Management Journal, 2021, vol. 17, issue 3, No 17, 1419-1439

Abstract: Abstract According to Johns Hopkins University, by December 2020, more than 78 million SARS-COV-2 (Covid-19) cases have been reported with more than 1.7 million deaths, out of which more than 300 thousand were in the U.S. alone. No country on earth has been untouched by the preemptive creation of a global recession to combat a global disease. Covid-19 has disrupted supply chains, consumption patterns, and business models in a multitude of industries which include a large share of small and medium enterprises (SMEs). SMEs account for the largest share of employment in market-based economies so any discussion of the economic impact of Covid-19 is incomplete without the SME sector. The purpose of this paper is to explore a systems perspective of the Covid-19 pandemic using the absorptive capacity construct.

Keywords: Covid-19; Entrepreneurship; SME (search for similar items in EconPapers)
JEL-codes: I10 I18 L26 M13 (search for similar items in EconPapers)
Date: 2021
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DOI: 10.1007/s11365-021-00753-7

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