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Impact of Covid-19 pandemic on small and medium scale enterprises in Dublin, Ireland

Olaleye, Tosin Adekemi (2021) Impact of Covid-19 pandemic on small and medium scale enterprises in Dublin, Ireland. Masters thesis, Dublin, National College of Ireland.

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Abstract

SMEs play a crucial part in gross national product of nations around the world, creating employment and adding to innovation. SMEs are fundamental in achieve environmental sustainability, inclusive growth, and development. However, these additions differ widely across firms, countries, and sectors. COVID-19 has impacted the economies around the world. The spread of COVID-19 around the world has led to the suspension of many enterprises, which has led to disruption of the economy globally. COVID-19 led to the reduction in business operations, disruption, and closure of many SMEs in Ireland. The movement control orders by the Irish government-imposed lockdown restrictions, which affected the movement of products. These restrictions reduced SMEs business operations significantly, affecting the sustainability of SMEs.

The objective of this research is to determine impact of COVID-19 pandemic on SMEs and Firm Revenues in Dublin, Ireland. The study employed a quantitative approach. The impacts of COVID 19 on SMEs in Ireland are reduced revenue, supply chain disruptions, increased operational costs, economic decline, loan moratorium, massive layoffs, and bankruptcy etc.

Two theories were adopted to explain the issues raised, which are the Keynesian theory, conceptual model theory. The descriptive survey method was used to obtain information from respondents using a questionnaire (via google form/ online survey). Inferential survey method was also used to test between COVID-19 and SMEs and Firm Revenues using the cross tabulation and chi-square method of analysis. The population of study was Dublin, Ireland and 55 people responded out of 80 questionnaires distributed.

Item Type: Thesis (Masters)
Subjects: D History General and Old World > DA Great Britain > Ireland > Dublin
H Social Sciences > HD Industries. Land use. Labor > Small Business Sector
Divisions: School of Business > Master of Science in Entrepreneurship
Depositing User: Clara Chan
Date Deposited: 09 Feb 2022 11:37
Last Modified: 09 Feb 2022 11:37
URI: https://norma.ncirl.ie/id/eprint/5402

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