1. Digital Technology Adoption and Indonesia’s MSMEs during the COVID-19 Pandemic
- Author:
- Teguh Yudo Wicaksono and Andre Simangunsong
- Publication Date:
- 03-2022
- Content Type:
- Working Paper
- Institution:
- Economic Research Institute for ASEAN and East Asia (ERIA)
- Abstract:
- The coronavirus disease (COVID-19) pandemic has hit micro, small, and medium-sized enterprises (MSMEs) hard. The estimated economic impact of COVID-19 could exceed the fiscal stimulus package as a percentage of gross domestic product (GDP). Digital technologies have helped them to better navigate the situation. Yet Only 13% of MSMEs adopt the internet for marketing and delivering their products and services. This paper discusses Indonesia’s MSMEs during the COVID-19 pandemic and the digital transformation they pursue. We also discuss policy responses and government support to help MSMEs navigate the worst public crisis in our lifetime.
- Topic:
- Science and Technology, Pandemic, COVID-19, and Digitalization
- Political Geography:
- Indonesia and Oceania