@article{article_843942, title={THE IMPACT OF RAPID CHANGES ON SMALL AND MEDIUM- SIZED ENTERPRISES (SMES) IN THE IT SECTOR DUE TO COVID-19}, journal={Economics Business and Organization Research}, volume={2}, pages={161–183}, year={2020}, url={https://izlik.org/JA86XR96ZP}, author={Okumagba, Michael and Mehrganrad, Mojdeh}, keywords={COVIS-19, Girişimcilik, Liderlik, İş Riski}, abstract={This research investigates the impact of COVID-19 on the SMEs’ performance. There have been rapid changes in the operations, functionality, leadership, entrepreneurship, job risk and earning. However, there is no conclusive evidence if the SMEs operating in the London has benefited more or adversely affected by the emergence of COVID-19. This cross-sectional research considered 30 SMEs (mainly operating in the IT sector) to investigate the research problem. The quantitative analysis is carried out to attain the mathematical objectivity for establishing the correlation and regression among the variables of interest. Results confirmed that there is strong negative correlation between the COVID-19, and all considered variables, except for the job risk. In other words, the job risk further escalated with the worsen situation of COVID-19. The results also showed that there are some limited advantages such as commute expense and office utility expenses has reduced, however, the work-life-balance has stressed employees further.}, number={2}