Autonomous Adaptation and Governmental Responses to the COVID-19 Pandemic: Exploring the Resilience of Micro, Small and Medium Enterprises in the Philippines

Kristoffer B Berse,Lianne Angelico C Depante,Kirsten Lianne Mae C Dedase

doi:10.1007/978-981-19-4238-9_4

Autonomous Adaptation and Governmental Responses to the COVID-19 Pandemic: Exploring the Resilience of Micro, Small and Medium Enterprises in the Philippines

Kristoffer B Berse, Lianne Angelico C Depante + Show 1 more

https://doi.org/10.1007/978-981-19-4238-9_4

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Publication Date: Jan 1, 2023

Affiliation: University of the Philippines System

#Micro, Small, And Medium-sized Enterprises #Autonomous Adaptation + Show 8 more

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Abstract

AbstractThis study frames the COVID-19 pandemic’s impact on Philippine micro, small, and medium-sized enterprises (MSMEs) from the lens of resilience, while discussing the various types of support that MSMEs have received from government agencies and public and private banks. Using data from a small-sized survey involving managers and workers, it explores the issues, needs, and responses that MSMEs have encountered. Preliminary findings reveal limited stimuli to ensure MSMEs’ survival. To cope with the disruption, most reported adopting adaptive mechanisms. The paper ends with a discussion of policy recommendations and future research directions to further explore and strengthen MSME resilience.

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