| JEL Classification: Q01; Q16; Q42 | DOI: https://doi.org/10.31521/modecon.V56(2026)-40 |
Shang Jing, PhD Candidate, Department of International Economics, Faculty of Management and Marketing, National Technical University of Ukraine “Igor Sikorsky Kyiv Polytechnic Institute”, Ukraine
ORCID: 0009-0005-3339-2965
e-mail: shangjinggege@gmail.com
Assessing SME Resilience: Development of a Five-Dimensional Strategic Evaluation Model
Abstract. Introduction. Against a backdrop of heightened global economic uncertainty, frequent supply chain disruptions, and rapid digital technology iteration, the external operational risks faced by small and medium-sized enterprises (SMEs) continue to escalate. Strengthening resilience has therefore become essential for maintaining stable operations and long-term competitiveness in the digital economy.
Purpose. This study aims to develop a scientific, systematic, and operational model for assessing SME resilience. It focuses on identifying the core dimensions that shape enterprises’ shock resistance, adaptability, and recovery capacity, while constructing a strategic evaluation framework suited to SME characteristics.
Results. Drawing on enterprise resilience theory, digital transformation logic, and SME operational features, the study identifies five key dimensions of resilience: financial robustness, operational adaptability, technological flexibility, customer stickiness, and market agility. Based on these dimensions, a stratified weighting framework is established for comprehensive resilience assessment. The findings indicate that SME resilience is not a singular capability, but a dynamic strategic capacity formed through the interaction of multiple factors. The embedding of digital tools improves risk identification, resource allocation, supply chain coordination, and market agility, thereby enhancing overall resilience.
Conclusions. The proposed five-dimensional model captures both the structural characteristics and vulnerabilities of SME resilience. It provides a quantitative basis for strategic diagnosis, resource optimisation, and managerial decision-making, and offers an analytical tool for exploring resilience enhancement pathways for SMEs in the context of the digital economy.
Keywords: enterprise resilience; digital economy; resilience assessment; five-dimensional strategic evaluation model.
References:
- Linnenluecke, M. K. (2017). Resilience in business and management research: A review of influential publications and a research agenda. International Journal of Management Reviews, 19, 4–30. https://doi.org/10.1111/ijmr.12076.
- Conz, E., & Magnani, G. (2020). A dynamic perspective on the resilience of firms: A systematic literature review and a framework for future research. European Management Journal, 38(3), 400–412. https://doi.org/10.1016/j.emj.2019.12.004.004)
- Duchek, S. (2020). Organizational resilience: A capability-based conceptualization. Business Research, 13(1), 215–246. https://doi.org/10.1007/s40685-019-0085-7.
- Herbane, B. (2019). Rethinking organizational resilience and strategic renewal in SMEs. Entrepreneurship & Regional Development, 31(5–6), 476–495. https://doi.org/10.1080/08985626.2018.1541594.
- Pal, R., Torstensson, H., & Mattila, H. (2014). Antecedents of organizational resilience in economic crises: An empirical study of Swedish textile and clothing SMEs. International Journal of Production Economics, 147, 410–428.
- Bartik, A. W., Bertrand, M., Cullen, Z. B., Glaeser, E. L., Luca, M., & Stanton, C. T. (2020). How are small businesses adjusting to COVID-19? Early evidence from a survey (NBER Working Paper No. 26989). National Bureau of Economic Research. https://doi.org/10.3386/w26989.
- OECD. (2021). The digital transformation of SMEs. OECD Publishing. https://doi.org/10.1787/bdb9256a-en.
- OECD. (2021). One year of SME and entrepreneurship policy responses to COVID-19: Lessons learned to “build back better”. OECD Publishing. https://doi.org/10.1787/9a230220-en.
- Bianchini, M., & Kwon, I. (2021). Enhancing SMEs’ resilience through digitalisation: The case of Korea (OECD SME and Entrepreneurship Papers No. 27). OECD Publishing. https://doi.org/10.1787/23bd7a26-en.
- Ivanov, D., & Dolgui, A. (2020). Viability of intertwined supply networks: Extending the supply chain resilience angles towards survivability. A position paper motivated by COVID-19 outbreak. International Journal of Production Research, 58(10), 2904–2915. https://doi.org/10.1080/00207543.2020.1750727.
- Skare, M., de las Mercedes de Obesso, M., & Ribeiro-Navarrete, S. (2023). Digital transformation and European small and medium enterprises (SMEs): A comparative study using digital economy and society index data. International Journal of Information Management, 68, 102594. https://doi.org/10.1016/j.ijinfomgt.2022.102594.
- Hokmabadi, H., Rezvani, S. M. H. S., & de Matos, C. A. (2024). Business resilience for small and medium enterprises and startups by digital transformation and the role of marketing capabilities: A systematic review. Systems, 12(6), 220. https://doi.org/10.3390/systems12060220.
- Awad, J. A. R., & Martín-Rojas, R. (2024). Digital transformation influence on organisational resilience through organisational learning and innovation. Journal of Innovation and Entrepreneurship, 13(1), 69. https://doi.org/10.1186/s13731-024-00405-4.
- Li, P., Chen, Y., & Guo, X. (2025). Digital transformation and supply chain resilience. International Review of Economics & Finance, 99, 104033. https://doi.org/10.1016/j.iref.2025.104033.
- Mykolenko, O., Mittelstaedt, E., & Wiepcke, C. (2025). SMEs’ resilience and its contributing factors: A systematic literature review. Journal of Vasyl Stefanyk Precarpathian National University, 12(4), 28–48. https://doi.org/10.15330/jpnu.12.4.28-48.
Received: 24 March 2026
Error! Please enter an ID value with this shortcode.
|
How to quote this article? |
| Shang Jing. (2026). “Assessing SME Resilience: Development of a Five-Dimensional Strategic Evaluation Model”. Modern Economics, 56(2026), 280-286.DOI: https://doi.org/10.31521/modecon.V56(2026)-40. |







Українська