ENHANCING R&D IN TAIWANESE SMALL AND MEDIUM ENTERPRISES: AN ANALYSIS OF POST COVID-19 BUSINESS SURVIVAL STRATEGIES
The COVID-19 pandemic significantly impacted businesses, particularly small and medium enterprises (SMEs). Despite numerous setbacks, some SMEs demonstrated resilience by adopting innovative survival strategies, including investment in research and development (R&D). This study investigates the...
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| Language: | English |
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UUM Press
2025-01-01
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| Series: | International Journal of Management Studies |
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| Online Access: | https://e-journal.uum.edu.my/index.php/ijms/article/view/18602 |
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| author | Robert Stalone Buwule Tony Kuo |
| author_facet | Robert Stalone Buwule Tony Kuo |
| author_sort | Robert Stalone Buwule |
| collection | DOAJ |
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The COVID-19 pandemic significantly impacted businesses, particularly small and medium enterprises (SMEs). Despite numerous setbacks, some SMEs demonstrated resilience by adopting innovative survival strategies, including investment in research and development (R&D). This study investigates the extent of R&D investment among selected SMEs in Taiwan and its role in their survival during the pandemic. Using a mixed methods approach, data was collected through semi-structured questionnaires, with participants representing various SME categories until saturation was achieved. SME proprietors provided insights on how R&D investments contributed to their resilience. The findings indicate that 73.3% of respondents invested directly in R&D and 54.3% reported that R&D investments positively impacted their business survival during the pandemic. The study recommends that SMEs enhance their R&D capabilities by developing staff skills and allocating specific funds for R&D in their budgets to better withstand future disruptions.
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| format | Article |
| id | doaj-art-cf7b5236aeb34ab09db8ef646ee1ba78 |
| institution | Kabale University |
| issn | 2232-1608 2180-2467 |
| language | English |
| publishDate | 2025-01-01 |
| publisher | UUM Press |
| record_format | Article |
| series | International Journal of Management Studies |
| spelling | doaj-art-cf7b5236aeb34ab09db8ef646ee1ba782025-01-08T01:40:21ZengUUM PressInternational Journal of Management Studies2232-16082180-24672025-01-0132110.32890/ijms2025.32.1.4ENHANCING R&D IN TAIWANESE SMALL AND MEDIUM ENTERPRISES: AN ANALYSIS OF POST COVID-19 BUSINESS SURVIVAL STRATEGIESRobert Stalone Buwule0Tony Kuo1University Library Mbarara University of Science and Technology/ Kyambogo University, UgandaOffice of International Affairs Shih Chien University, Dazhi, Taiwan The COVID-19 pandemic significantly impacted businesses, particularly small and medium enterprises (SMEs). Despite numerous setbacks, some SMEs demonstrated resilience by adopting innovative survival strategies, including investment in research and development (R&D). This study investigates the extent of R&D investment among selected SMEs in Taiwan and its role in their survival during the pandemic. Using a mixed methods approach, data was collected through semi-structured questionnaires, with participants representing various SME categories until saturation was achieved. SME proprietors provided insights on how R&D investments contributed to their resilience. The findings indicate that 73.3% of respondents invested directly in R&D and 54.3% reported that R&D investments positively impacted their business survival during the pandemic. The study recommends that SMEs enhance their R&D capabilities by developing staff skills and allocating specific funds for R&D in their budgets to better withstand future disruptions. https://e-journal.uum.edu.my/index.php/ijms/article/view/18602Research & DevelopmentSmall and Medium EnterprisesResearch & InnovationCOVID-19 |
| spellingShingle | Robert Stalone Buwule Tony Kuo ENHANCING R&D IN TAIWANESE SMALL AND MEDIUM ENTERPRISES: AN ANALYSIS OF POST COVID-19 BUSINESS SURVIVAL STRATEGIES International Journal of Management Studies Research & Development Small and Medium Enterprises Research & Innovation COVID-19 |
| title | ENHANCING R&D IN TAIWANESE SMALL AND MEDIUM ENTERPRISES: AN ANALYSIS OF POST COVID-19 BUSINESS SURVIVAL STRATEGIES |
| title_full | ENHANCING R&D IN TAIWANESE SMALL AND MEDIUM ENTERPRISES: AN ANALYSIS OF POST COVID-19 BUSINESS SURVIVAL STRATEGIES |
| title_fullStr | ENHANCING R&D IN TAIWANESE SMALL AND MEDIUM ENTERPRISES: AN ANALYSIS OF POST COVID-19 BUSINESS SURVIVAL STRATEGIES |
| title_full_unstemmed | ENHANCING R&D IN TAIWANESE SMALL AND MEDIUM ENTERPRISES: AN ANALYSIS OF POST COVID-19 BUSINESS SURVIVAL STRATEGIES |
| title_short | ENHANCING R&D IN TAIWANESE SMALL AND MEDIUM ENTERPRISES: AN ANALYSIS OF POST COVID-19 BUSINESS SURVIVAL STRATEGIES |
| title_sort | enhancing r d in taiwanese small and medium enterprises an analysis of post covid 19 business survival strategies |
| topic | Research & Development Small and Medium Enterprises Research & Innovation COVID-19 |
| url | https://e-journal.uum.edu.my/index.php/ijms/article/view/18602 |
| work_keys_str_mv | AT robertstalonebuwule enhancingrdintaiwanesesmallandmediumenterprisesananalysisofpostcovid19businesssurvivalstrategies AT tonykuo enhancingrdintaiwanesesmallandmediumenterprisesananalysisofpostcovid19businesssurvivalstrategies |