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<p>This article focuses on the role of small and medium-sized enterprises’ (SMEs) organizational learning (OL), measured by a scale of commitment to learning, and their economic performance during the COVID-19 pandemic. The research is based on two samples of firms from Poland and Finland. Interviews with owners and managers of Polish and Finnish SMEs were conducted in December 2020 and January 2021. The results show that OL was quite high among the analyzed firms, with the exception of Polish non-exporters. Unlike the “pre-COVID-19” sample of Polish SMEs, the results of the two “COVID-19” samples showed no significant relationship between the applied measure of OL and firms’ market performance. The analyses indicate a significant impact of COVID-19-related disruptions on market performance measures for both Polish and Finnish enterprises. Thus, we conclude that firms’ turnover and profits have been affected by turbulences on particular markets and firms’ ability to benefit from various assistance programs offered by governments.</p>
</abstract>

This article focuses on the role of small and medium-sized enterprises’ (SMEs) organizational learning (OL), measured by a scale of commitment to learning, and their economic performance during the COVID-19 pandemic. The research is based on two samples of firms from Poland and Finland. Interviews with owners and managers of Polish and Finnish SMEs were conducted in December 2020 and January 2021. The results show that OL was quite high among the analyzed firms, with the exception of Polish non-exporters. Unlike the “pre-COVID-19” sample of Polish SMEs, the results of the two “COVID-19” samples showed no significant relationship between the applied measure of OL and firms’ market performance. The analyses indicate a significant impact of COVID-19-related disruptions on market performance measures for both Polish and Finnish enterprises. Thus, we conclude that firms’ turnover and profits have been affected by turbulences on particular markets and firms’ ability to benefit from various assistance programs offered by governments.

The impact of organizational learning on Polish and Finnish SME’s market performance during the COVID-19 pandemic. A comparative study

International Journal of Management and Economics

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

This article focuses on the role of small and medium-sized enterprises’ (SMEs) organizational learning (OL), measured by a scale of commitment to learning, and...

The impact of organizational learning on Polish and Finnish SME’s market performance during the COVID-19 pandemic. A comparative study

Article Category: Empirical Paper

Published Online: Jun 25, 2024

Page range: -

Received: Nov 06, 2023

Accepted: Apr 12, 2024

DOI: https://doi.org/10.2478/ijme-2024-0018

Keywords
market performance, organizational learning, SME strategy

© 2024 Tomasz Sikora et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

The impact of organizational learning on Polish and Finnish SME’s market performance during the COVID-19 pandemic. A comparative study

Article Category: Empirical Paper

Published Online: Jun 25, 2024

Page range: -

Received: Nov 06, 2023

Accepted: Apr 12, 2024

DOI: https://doi.org/10.2478/ijme-2024-0018

Keywordsmarket performance, organizational learning, SME strategy

© 2024 Tomasz Sikora et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Keywords
market performance, organizational learning, SME strategy