What policies support SMEs through the crisis? Financial and innovation support in Qubec (Canada)

Diane-Gabrielle Tremblay and Nathalie Lachapelle

Chapter 5 in Small and Medium Sized Enterprises and the COVID-19 Response, 2022, pp 112-136 from Edward Elgar Publishing

Abstract: The COVID-19 pandemic has confronted many businesses, and particularly small and medium sized enterprises (SMEs), with important challenges. Unemployment has increased in many countries, and businesses have been confronted with difficulty of maintaining employment. This chapter looks as two sectors of activity in Canada, presenting different situations, both of which need to innovate to face the future. The first sector is the information technology, including multimedia, and the second is the agricultural sector. The chapter presents our theoretical views on innovation, including open innovation and cluster policies. It then examines various policies, which have been used by businesses to adapt to the pandemic, but also ideas, which could be used for future business adaptation, especially in SMEs.

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