Exploring the impact of COVID-19 on MSMEs in the Philippines: A case study

The outbreak of the 2019 novel coronavirus (COVID-19) has severely affected the Philippines and the global economy. Economic casualties of COVID-19 outbreak are predominantly micro, small, and medium-sized enterprises (MSMEs). This paper aims to assess the impact of COVID-19 on MSMEs engaged in manu...

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Main Authors: Gonzales, Erwin Carlo I., Pitogo, Vicente A.
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Published: Animo Repository 2020
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Online Access:https://animorepository.dlsu.edu.ph/faculty_research/9535
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Institution: De La Salle University
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spelling oai:animorepository.dlsu.edu.ph:faculty_research-97872024-04-01T07:58:22Z Exploring the impact of COVID-19 on MSMEs in the Philippines: A case study Gonzales, Erwin Carlo I. Pitogo, Vicente A. The outbreak of the 2019 novel coronavirus (COVID-19) has severely affected the Philippines and the global economy. Economic casualties of COVID-19 outbreak are predominantly micro, small, and medium-sized enterprises (MSMEs). This paper aims to assess the impact of COVID-19 on MSMEs engaged in manufacturing and outsourcing which represent prevalent industries in the Philippines. This study is exploratory in nature and will use an inductive holistic multiple case study design and thematic analysis as the method of analysis. The results reveal that most MSMEs represented in the study were negatively impacted in several ways among which were liquidity, value chain, workforce management, technological infrastructure, and government. All the MSMEs in the case study admittedly were not prepared for the impact and gravity of COVID-19. Some started pivoting from their core business to survive in the new normal. The results were consistent with other studies outside the country. While the Philippine Government enacted Republic Act No. 11494 or Bayahihan Act to aid MSMEs in recovering from the pandemic however, the MSMEs in the study did not take advantage of this aid citing various concerns. 2020-01-01T08:00:00Z text https://animorepository.dlsu.edu.ph/faculty_research/9535 Faculty Research Work Animo Repository Small business—Philippines COVID-19 Pandemic, 2020- —Influence Entrepreneurial and Small Business Operations
institution De La Salle University
building De La Salle University Library
continent Asia
country Philippines
Philippines
content_provider De La Salle University Library
collection DLSU Institutional Repository
topic Small business—Philippines
COVID-19 Pandemic, 2020- —Influence
Entrepreneurial and Small Business Operations
spellingShingle Small business—Philippines
COVID-19 Pandemic, 2020- —Influence
Entrepreneurial and Small Business Operations
Gonzales, Erwin Carlo I.
Pitogo, Vicente A.
Exploring the impact of COVID-19 on MSMEs in the Philippines: A case study
description The outbreak of the 2019 novel coronavirus (COVID-19) has severely affected the Philippines and the global economy. Economic casualties of COVID-19 outbreak are predominantly micro, small, and medium-sized enterprises (MSMEs). This paper aims to assess the impact of COVID-19 on MSMEs engaged in manufacturing and outsourcing which represent prevalent industries in the Philippines. This study is exploratory in nature and will use an inductive holistic multiple case study design and thematic analysis as the method of analysis. The results reveal that most MSMEs represented in the study were negatively impacted in several ways among which were liquidity, value chain, workforce management, technological infrastructure, and government. All the MSMEs in the case study admittedly were not prepared for the impact and gravity of COVID-19. Some started pivoting from their core business to survive in the new normal. The results were consistent with other studies outside the country. While the Philippine Government enacted Republic Act No. 11494 or Bayahihan Act to aid MSMEs in recovering from the pandemic however, the MSMEs in the study did not take advantage of this aid citing various concerns.
format text
author Gonzales, Erwin Carlo I.
Pitogo, Vicente A.
author_facet Gonzales, Erwin Carlo I.
Pitogo, Vicente A.
author_sort Gonzales, Erwin Carlo I.
title Exploring the impact of COVID-19 on MSMEs in the Philippines: A case study
title_short Exploring the impact of COVID-19 on MSMEs in the Philippines: A case study
title_full Exploring the impact of COVID-19 on MSMEs in the Philippines: A case study
title_fullStr Exploring the impact of COVID-19 on MSMEs in the Philippines: A case study
title_full_unstemmed Exploring the impact of COVID-19 on MSMEs in the Philippines: A case study
title_sort exploring the impact of covid-19 on msmes in the philippines: a case study
publisher Animo Repository
publishDate 2020
url https://animorepository.dlsu.edu.ph/faculty_research/9535
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