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Title COVID-19 pandemic digitization lessons for sustainable development of micro-and small-enterprises
ID_Doc 19395
Authors Bai, CG; Quayson, M; Sarkis, J
Title COVID-19 pandemic digitization lessons for sustainable development of micro-and small-enterprises
Year 2021
Published
DOI 10.1016/j.spc.2021.04.035
Abstract The coronavirus (COVID-19) pandemic has undeniably influenced the global economy and environment. Major victims of the COVID-19 outbreak are Micro and Small Enterprises (MSEs), especially in developing countries, mainly because of limited use of digital technologies. This paper employs a literature review and personal insights to provide COVID-19 pandemic digitization lessons for sustainable development of MSEs from a technology for social good perspective. We develop a framework to support post COVID19 digital transformation for sustainable development of MSEs. We find that digital payments, especially mobile money, should be a critical digital transformation priority for MSEs. Also, institutions must support MSE resources and capabilities to adopt digital transformation for business continuity, and sustainable production and consumption. Our study suggests that MSE managers and other stakeholders rethink their business strategies, incorporating crisis scenarios and business continuity plans to sustain customers virtually to enhance sustainable development. We also propose further research areas to improve the successful digital transformation of MSEs post COVID-19. (C) 2021 Institution of Chemical Engineers. Published by Elsevier B.V. All rights reserved.
Author Keywords COVID-19; Sustainable development; Micro-and small enterprise; Digitization; Developing economies
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Science Citation Index Expanded (SCI-EXPANDED); Social Science Citation Index (SSCI)
EID WOS:000674221300022
WoS Category Green & Sustainable Science & Technology; Environmental Studies
Research Area Science & Technology - Other Topics; Environmental Sciences & Ecology
PDF https://europepmc.org/articles/pmc8542351?pdf=render
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