The Performance of Youth SMEs Companies in Malaysia during Post-Covid19: A Conceptual paper

Abstract

In 2019, the contagious COVID-19 virus wreaked havoc on our planet. According to the Organization for Economic Co-operation and Development, this virus is to blame for the global and Malaysian economies' sharp declines (OECD). Many SMEs were affected, and some of them had to shut down their operations. The previous models for sustaining the businesses seems irrelevant during the pandemic phase as well as post-pandemic period. Because of that issues, researchers conducting this study. With an effectuation approach and dynamic capacities, the goal of this research is to investigate the performance of Young SMEs during the Post-Pandemic. For this study, it is important to take into account social capital, technological capabilities, and knowledge development. After reviewing the specialized literature and confirming the relationship between the pertinent variables, the authors suggested a new model based in Malaysia in order to accomplish this goal. This study will look at Youth SME companies that were established prior to the pandemic and will analyze them quantitatively. The findings of this paper will assist youth SMEs in dealing with uncertainty in the future, such as Covid-19, and will serve as a reference for academicians in the future, as there are few studies that focus on youth entrepreneurs in Malaysia.