The COVID-19 pandemic and the intention to export: a study of small Brazilian entrepreneurial firms

Angela da Rocha, Clarice S. Kogut, Luiza Fonseca and Renato Cotta de Mello

Chapter 10 in Small and Medium Sized Enterprises and the COVID-19 Response, 2022, pp 251-271 from Edward Elgar Publishing

Abstract: With the advancement of globalization, economies are increasingly interconnected in such a way that large disruptive events, which would have had a limited global impact in the past, have become more frequent and widespread. Just to name a few, financial and economic crises (such as the 2008-2009 global financial crisis and the subsequent worldwide recession), natural disasters (such as the 2011 Japan earthquake), and epidemics (like the one caused by SARS in 2003), have all occurred over the last twenty years. The impact of such events varies. Some have caused massive reductions of demand (demand shock); others have led to a change in supply conditions, forcing firms to suspend or reduce their output (supply shock); and others have presented both characteristics. Financial crises, particularly, may cause a "deep deterioration of conditions in financial markets, leading to a severe credit crunch" (Colombo et al., 2016, p. 648).

Keywords: Business and Management; Economics and Finance; Innovations and Technology (search for similar items in EconPapers)
Date: 2022
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