The impact of social distancing policy on small and medium-sized enterprises (SMEs) in Indonesia

Problems and Perspectives in Management

Muhtar Lutfi¹  Bakri Hasanuddin²  Yoberth Kornelius³  Pricylia Chintya Dewi Buntuang⁴  Erdiyansyah⁵ 

[1] Dr., Associate Professor, Department of Economics and Development Studies, Faculty of Economics and Business, Tadulako University;Dr., Associate Professor, Department of Management, Faculty of Economics and Business, Tadulako University;M.Sc., Associate Professor, Department of Management, Faculty of Economics and Business, Tadulako University;M.Sc., Lecturer, Department of Management, Faculty of Economics and Business, Tadulako University;M.Sc., Lecturer, Department of Public Administration, Faculty of Social and Political Science, Tadulako University;

关键词: COVID-19;    decreased income;    economic impacts;    pandemic;    supply chain;   

DOI  :  10.21511/ppm.18(3).2020.40

来源: DOAJ

【 摘 要 】

This study aims to investigate the impact of social distancing policies on SMEs in Indonesia. It used a quantitative method with a survey design. Respondents were all SMEs in Indonesia that are affected by social distancing policies during the COVID-19 pandemic. It involved a total of 587 SME samples selected randomly. The data were collected through observations, questionnaires, and literature studies. The collected data were analyzed using descriptive statistics with SPSS software to determine the mean value. The result showed that social distancing policies affect SMEs during the COVID-19 pandemic. This is indicated by the decreasing income and demand for SMEs products, and even some have no income (mean values of 2.40) due to the social distancing policies. Besides, the policy’s impact is also shown in the increasing cost of raw materials and production costs due to supply chain problems (mean values of 4.79). The policy’s impact raises anxiety for SMEs to survive so that business actors change their plans by utilizing information technology (mean values of 4.81). This change is a strategy to survive due to the impact of the applied policies. Although social distancing policies affect SMEs’ survival during the pandemic, research findings show that SMEs in Indonesia did not terminate employment (mean values of 4.37) due to the presence of economic stimulus policies that helped SMEs survive and grow during the COVID-19 pandemic.

【 授权许可】

Unknown