Coronavirus and international business: An entrepreneurial ecosystem perspective

Vanessa Ratten

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Entrepreneurship Studies and Influences International Business and FDI COVID-19 Pandemic Impacts

Abstract

Abstract Covid‐19 (Coronavirus) is a health pandemic that has significantly affected the global economy and fundamentally changed society. The impacts of coronavirus are most apparent at the international business level due to the restrictions on travel and mobility of labor. This has necessitated an entrepreneurial outlook for businesses in order to survive in the current market environment. The aim of this article is to discuss the implications of the coronavirus for international business by taking an entrepreneurial ecosystem point of view. This enables a reflection on how the pandemic has impacted various entities of the ecosystem in terms of stakeholder engagement. Suggestions for acting in a more dynamic and innovative manner are provided that highlight the importance of utilizing entrepreneurial ecosystems in times of crises.

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References

2020Pandemics, tourism and global change: a rapid assessment of COVID-19 1993Predators and prey: a new ecology of competition.2017Organizational Response to Adversity: Fusing Crisis Management and Resilience Research Streams 2020Startups in Times of Crisis – A Rapid Response to the COVID-19 Pandemic 2001Building Organizational Capabilities for Managing Economic Crisis: The Role of Market Orientation and Strategic Flexibility 2017The digital entrepreneurial ecosystem 2020From Offline to Online: Challenges and Opportunities for Entrepreneurship Education Following the COVID-19 Pandemic 2012Entrepreneurship in Innovation Ecosystems: Entrepreneurs’ Self–Regulatory Processes and Their Implications for New Venture Success

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