Small and Medium Enterprises Amidst the Pandemic and Reopening: Digital Edge and Transformation

The authors thank David Simchi-Levi (department editor), the associate editor, and three anonymous referees for their constructive and insightful comments and suggestions that have significantly improved the paper. The authors also thank Murillo Campello, Jiayin Hu, Qing Huang, Yi Huang, Jihye Jang, Gaurav Kankanhalli, Hongbin Li, Shuo Li, Bo Liu, Margaret McMillan, Adair Morse, Peter Pham, Buhui Qiu, Zheng (Michael) Song, Xin Tang, Xincheng Wang, Xue Wang, Ziming Wang, Xiaolan Zhou, and Rui Zhong for helpful comments and feedback. Additionally, the authors thank seminar and conference participants at Peking University; the Shanghai University of Finance and Economics; the Global Digital Economy Summit for Small and Medium Enterprises 2020; the China Meeting of Econometric Society 2021 (Shanghai); the International Monetary Fund Infrastructure Seminar Series; the Inaugural Conference on FinTech, Innovation and Development; the China Economics Annual Conference 2021 (Xi’an); the Asia Impact Evaluation Conference; the 2022 Annual Conference in Digital Economics; the Resilient Society Conference; the Asian Bureau of Finance and Economic Research 9th Annual Conference (Singapore, 2022); the Annual Bank Conference Development Economics 2022; the Chinese Economists Society 2022 Annual Conference; the Asian Finance Association Annual Conference 2022; the Asian Economic Development Conference (2022, Tokyo); the 2022 Asian Meeting of the Econometric Society (Tokyo) in East and South-East Asia; the 9th International Workshop on New Structural Economics; the University of Sydney seminar; and the China Financial Research Conference 2023 for helpful comments and discussions. Finally, the authors thank Rishi Kumar and Chenhao Liu for research assistance and Shuo Liu, Fang Qin, and Kai Xie for data assistance. The contents of this article are solely the responsibility of the authors.