McQuaid R & Webb A (2020) The COVID-19 pandemic and the role of SMEs as innovators of sustainable inclusive employment. Business Improvement and Growth for SMEs [Blog post] 09.09.2020. https://bigsme.stir.ac.uk/current-insights-and-thoughts/
First paragraph: The current COVID-19 pandemic has affected the world deeply. It remains a threat of unprecedented magnitude, putting even the strongest world economies into a state of emergency. The resulting economic crisis affects many sectors which particularly employ large numbers of SMEs and the self-employed (including restaurant, arts, entertainment and other leisure providers, transport such as taxis, accommodation, and real estate, and tourist operators among others). As a consequence, some SMEs will cease to exist and others will have their development and operations significantly restricted.