Towards sustainability in SMEs during unforeseen crises: Governmental support as a moderating factor
This study proposed a model in determining the key factors affecting SMEs?
economic sustainability during the unforeseen severe global crises. Resource Based-View
theory (RBV) underpinned the study, and questionnaires were used to gather the study data.
SME owners, top managers, financial managers and heads of accounting departments were the
study samples. The results showed significant positive effect of access to finance, innovation
activities, and intellectual property related activities on economic sustainability. The
interaction effect between access to finance and government support on economic
sustainability appeared to be significant and positive. However, government support did not
moderate the link between innovation activities and intellectual property related activities, and
economic sustainability. During unforeseen crises, SMEs could employ the study model to
determine their survival strategies.