Addressing the COVID-19 challenges by SMEs in the hotel industry - a Czech sustainability message for emerging economies

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F26482789%3A_____%2F21%3A10152248" target="_blank" >RIV/26482789:_____/21:10152248 - isvavai.cz</a>

Alternative codes found

RIV/60460709:41110/22:88966

Result on the web

<a href="https://www.emerald.com/insight/content/doi/10.1108/JEEE-07-2020-0245/full/html" target="_blank" >https://www.emerald.com/insight/content/doi/10.1108/JEEE-07-2020-0245/full/html</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1108/JEEE-07-2020-0245" target="_blank" >10.1108/JEEE-07-2020-0245</a>

Result language

angličtina

Original language name

Addressing the COVID-19 challenges by SMEs in the hotel industry - a Czech sustainability message for emerging economies

Original language description

Emerging economies have to address positive challenges such as sustainability, digitalization, entrepreneurial readiness and planning and behavioral strategies and negative challenges, such as corruption and bureaucracy. The COVID-19 pandemic hit all economies and arguably made hotel businesses that are from less typical emerging economies, such as the Czech Small and medium-sized enterprises (SMEs), to deal with similar challenges to that of their counterparts from typical emerging economies. How do Czech hotel SMEs address the COVID-19 challenges and what sustainability message can be extracted from that with the relevance for not only businesses from emerging economies? The purpose of this paper is to explore how Czech hotel SMEs address the COVID-19 challenges and what sustainability. A consolidated parsing of the literature, legislative and analytical framework, along with an investigative case study of 11 Czech hotel SMEs was performed, based on the questionnaire survey and semi-structured in-depth direct interviews. The holistic thematic analysis processed this fresh data and allowed Socratic questioning and glossing while addressing both research questions. The performed case study reveals that typical challenges faced by entrepreneurs in emerging economies became, via COVID-19, universal challenges, these challenges are a valuable impulse for digitalization and changes of entrepreneurial strategies, but not so much for sustainability, and the omnipresent negative impact of corruption and bureaucracy. This paper presents a pioneering study regarding the addressing COVID-19 and sustainability concerns by SMEs in a less typical emerging economy and offering a universal, partially comparative and sadly not so sustainable, message which is not just limited to emerging economies.

Czech name

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Czech description

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Type

J_imp - Article in a specialist periodical, which is included in the Web of Science database

CEP classification

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OECD FORD branch

50204 - Business and management

Project

—

Continuities

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year

2021

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Journal of Entrepreneurship in Emerging Economies

ISSN

2053-4604

e-ISSN

—

Volume of the periodical

13

Issue of the periodical within the volume

4

Country of publishing house

GB - UNITED KINGDOM

Number of pages

22

Pages from-to

525-546

UT code for WoS article

000662999700001

EID of the result in the Scopus database

2-s2.0-85108118100