Have a personal or library account? Click to login
Digital Innovation and Entrepreneurial Success in the Philippine MSME Sector: Challenges and Opportunities Cover

Digital Innovation and Entrepreneurial Success in the Philippine MSME Sector: Challenges and Opportunities

Open Access
|Sep 2025

References

  1. Abueg, L. C., Benedictos, M. J. I. F. M., & Villafuerte, C. T. B. (2024). Going small yet getting big: Paradigm shifts in business models toward inclusivity, sustainability, and long-term resilience and proofing in micro and local tourism. In Revisiting Sustainable Tourism in the Philippines (pp. 87-106). Emerald Publishing Limited. http://dx.doi.org/10.1108/978-1-83753-678-820241005
  2. Ahmed, M., Chowdhury, S. A., & Bin Jabber, M. S. S. (2024). Small and medium-sized enterprises: Sustainable post-COVID global economic recovery. In SDGs in the Asia and Pacific Region (pp. 913-927). Cham: Springer International Publishing. http://dx.doi.org/10.1007/978-3-030-91262-8_56-1
  3. Adobas, A. B., Dela Cruz, A., Vigonte, F., & Abante, M. V. (2024). Government interventions and MSMEs development: Policies, impact, and future directions. Impact and Future Directions (March 8, 2024). http://dx.doi.org/10.2139/ssrn.4752444
  4. Bacasmas, J. A. V., Carlos, J. C. T., & Katigbak, J. J. P. (2022). E-commerce adoption and its impact on the performance of women-led MSMEs in Metro Manila: An ex-ante study for RCEP (No. 2022-03). PIDS Discussion Paper Series. http://dx.doi.org/10.1158/1538-7445.AM2022-CT160
  5. Bridglal, A. & Pun, K. F. (2024). An ISM-Based Framework for Open Innovation Enablers Driving the Adoption of Industry 4.0 in Small Manufacturing Firms in Caribbean Small Island Developing States. International Journal of Knowledge and Innovation Studies, 2(3), 155-178. http://dx.doi.org/10.56578/ijkis020304
  6. Cristea, M., Noja, G. G., Găinaru, T. A., & Tălăban, C. D. (2023). Digital Transformation and Its Implications on Educational Quality: An Empirical Analysis Within the European Union Context. Opportunities and Challenges in Sustainability, 2(3), 130-140. http://dx.doi.org/10.56578/ocs020302
  7. Cueto, L. J., Frisnedi, A. F. D., Collera, R. B., Batac, K. I. T., & Agaton, C. B. (2022). Digital innovations in MSMEs during economic disruptions: Experiences and challenges of young entrepreneurs. Administrative Sciences, 12(1), 8. http://dx.doi.org/10.3390/admsci12010008
  8. Dana, L. P., Sharma, N., & Acharya, S. R. (Eds.). (2020). Organizing entrepreneurship and MSMEs across India (11). World Scientific. https://www.researchgate.net/publication/384561145_MSMEs_in_India_Growth_Performance_and_Challenges
  9. Deng, N., Shi, Y., Wang, J., & Gaur, J. (2022). Testing the adoption of blockchain technology in supply chain management among MSMEs in China. Annals of Operations Research, 1-20. http://dx.doi.org/10.1007/s10479-022-04856-4
  10. Diaz, R. R. (2022). Rebuilding MSMEs in the time of the pandemic and beyond. University of the Philippines Center for Integrative and Development Studies, Political Economy Program. http://dx.doi.org/10.1038/s44183-024-00092-4
  11. Fauzi, A. A., & Sheng, M. L. (2022). The digitalization of micro, small, and medium-sized enterprises (MSMEs): An institutional theory perspective. Journal of Small Business Management, 60(6), 1288-1313. http://dx.doi.org/10.1080/00472778.2020.1745536
  12. Hashom, H. B. (2023). The relationship of social entrepreneurship orientation and the halal logistics values creation on food and beverage MSMEs in Malaysia. http://dx.doi.org/10.1108/JIABR-01-2024-0001
  13. He, J., Lin, K. Y., & Dai, Y. (2022). A Data-Driven Innovation Model of Big Data Digital Learning and Its Empirical Study. Information Dynamics and Applications, 1(1), 35-43. http://dx.doi.org/10.56578/ida010105
  14. Hussain, A. (2021). Technological, organizational, and environmental factors: The mediation of e-commerce and moderation of entrepreneurial competencies on SME performance. http://dx.doi.org/10.3390/admsci12010013
  15. Kumar, M., Raut, R. D., Mangla, S. K., Ferraris, A., & Choubey, V. K. (2024). The adoption of artificial intelligence-powered workforce management for effective revenue growth of micro, small, and medium-scale enterprises (MSMEs). Production Planning & Control, 35(13), 1639-1655. http://dx.doi.org/10.1080/09537287.2022.2131620
  16. Kumar, V., Verma, P., Mittal, A., Tuesta Panduro, J. A., Singh, S., Paliwal, M., & Sharma, N. K. (2023). Adoption of ICTs as an emergent business strategy during and following the COVID-19 crisis: Evidence from Indian MSMEs. Benchmarking: An International Journal, 30(6), 1850-1883. http://dx.doi.org/10.1108/BIJ-11-2021-0685
  17. Loo, M. K., Ramachandran, S., & Raja Yusof, R. N. (2023). Unleashing the potential: Enhancing technology adoption and innovation for micro, small, and medium-sized enterprises (MSMEs). Cogent Economics & Finance, 11(2), 2267748. http://dx.doi.org/10.1080/23322039.2023.2267748
  18. Masongsong, A. C., Ulep, S. J., Abante, M. V., Cagang, M. L., & Vigonte, F. (2024). Digital transformation of international trade for SMEs in developing countries: Opportunities, challenges. Challenges (February 27, 2024). http://dx.doi.org/10.2139/ssrn.4740033
  19. Mattaga, E. D. (2023). Information and communication technology and the management of secondary school entrepreneurship education in Kogi State (Master’s thesis, Kwara State University, Nigeria). https://www.researchgate.net/publication/377222140_Principals%27_Time_Management_and_School_Effectiveness_in_Public_Secondary_Schools_in_Kwara_State_Nigeria
  20. Mia, I. B. R., Habaradas, R. B., & Jimenez, S. V. (2023). Digitalization: A way forward for Filipino MSMEs during the COVID-19 pandemic. https://www.researchgate.net/publication/354532258_Digitalization_A_way_forward_for_Filipino_MSMEs_during_the_Covid-19_pandemic
  21. Moraliyska, M. (2023). Measuring the Justness of the European Green Transition. Collection of papers new economy, 1, 30-41. http://dx.doi.org/10.61432/CPNE0101030m
  22. Mugano, G., & Dorasamy, N. (Eds.). (2023). SMEs and economic development in Africa. Taylor & Francis Group. http://dx.doi.org/10.1007/978-3-031-69103-4_2
  23. Nair, K. R. (2024). Business failure mode and effects analysis: A risk-based holistic strategy to improve success rates of small technology businesses (Doctoral dissertation, University of South Florida). https://www.proquest.com/openview/663134509f60a55d6f39ce9a2252cce7/1?pq-orig-site=gscholar&cbl=18750&diss=y
  24. Paliwal, V. (2023). Adoption intention for blockchain technology in sustainable supply chain management by Indian micro, small, and medium enterprises (Doctoral dissertation, SP Jain School of Global Management, India). http://dx.doi.org/10.1155/2021/5537395
  25. Paoloni, M., Tutino, M., Paoloni, N., & Santolamazza, V. (2023). Financing innovation in agri-food industries: An analysis of the Italian micro, small, and medium enterprises. British Food Journal, 125(13), 183-204. http://dx.doi.org/10.1108/BFJ-04-2022-0342
  26. Peón, D., & Martínez-Filgueira, X. (2020). Determinants of investing in innovative activities by agri-food and KIBS firms in rural areas: An exploratory analysis. Journal of Small Business Management, 58(6), 1155-1186. http://dx.doi.org/10.1111/jsbm.12513
  27. Pitakdumrongkit, K. (2023). Regional economic integration: The ASEAN Economic Community and beyond. In The Elgar Companion to ASEAN (pp. 62-75). Edward Elgar Publishing. http://dx.doi.org/10.1080/24761028.2021.1891702
  28. Raj, A., Shukla, D., Quadir, A., & Sharma, P. (2024). What drives the adoption of digital technology in the micro, small, and medium enterprises sector in a developing economy? Journal of Business & Industrial Marketing, 39(9), 1984-2002. http://dx.doi.org/10.1108/JBIM-09-2023-0512
  29. Rezazade, F., Minutillo, S., & Patel, N. (2023). Accounting outsourcing and its relationship with financial performance of SMEs: Manager and employee perspectives. South African Journal of Accounting Research, 37(2), 106-121. http://dx.doi.org/10.1080/10291954.2023.2172229
  30. Sajjad, A. (2023). SMEs’ capabilities & performance: The moderating role of environmental turbulence. http://dx.doi.org/10.3233/HSM-230154
  31. Santa Gadea, R. (2020). Asia-Pacific in the world economy: Trends and opportunities for Peru. In E-APEC Study Centers Consortium Conference 2020 (E-ASCCC 2020) (105). https://www.researchgate.net/publication/346967676_2020_Asia-Pacific_Microwave_Conference_APMC_2020_speaker_Dr_Jinfeng_Li
  32. Sung, Y. A., Kim, K. W., & Kwon, H. J. (2020). Big data analysis of Korean travelers’ behavior in the post-COVID-19 era. Sustainability, 13(1), 310. http://dx.doi.org/10.22556/jctc.2024.10.2.195
  33. Tan, S. R., Jang, H., & Wood, J. (Eds.). (2024). Economic growth and development in the tropics. Rout-ledge. http://dx.doi.org/10.4324/9781003349204
  34. Tariq, M. A. U. R., Alotaibi, R., Weththasinghe, K. K., & Rajabi, Z. (2022). A detailed perspective of water resource management in a dry and water-scarce country: The case in Kuwait. Frontiers in Environmental Science, 10, 1073834. http://dx.doi.org/10.3389/fenvs.2022.1073834
  35. Vlasenko, T. (2023). Dimensions of the Analysis of the Organizational Culture of Multinational Companies. Collection of papers new economy, 1, 110-125. http://dx.doi.org/10.61432/CPNE0101110v
DOI: https://doi.org/10.2478/eoik-2025-0056 | Journal eISSN: 2303-5013 | Journal ISSN: 2303-5005
Language: English
Page range: 69 - 82
Submitted on: Mar 7, 2025
Accepted on: Jul 21, 2025
Published on: Sep 2, 2025
Published by: Oikos Institut d.o.o.
In partnership with: Paradigm Publishing Services
Publication frequency: 3 issues per year

© 2025 Wilson Cordova, Cristina Teresa N. Lim, Harvey T. Ong, Hilario S. Caraan, Gil Antonio R. Dela Cruz, Emmanuel Fernando C. Jimenez, published by Oikos Institut d.o.o.
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.