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The challenges and opportunities of a global health crisis: the management and business implications of COVID-19 from an Asian perspective

Asian business & management, 2020-07, Vol.19 (3), p.277-297 [Peer Reviewed Journal]

Springer Nature Limited 2020 ;Springer Nature Limited 2020. ;ISSN: 1472-4782 ;EISSN: 1476-9328 ;DOI: 10.1057/s41291-020-00119-x

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  • Title:
    The challenges and opportunities of a global health crisis: the management and business implications of COVID-19 from an Asian perspective
  • Author: Liu, Yipeng ; Lee, Jong Min ; Lee, Celia
  • Subjects: Asian Culture ; Business and Management ; Companies ; Coronaviruses ; COVID-19 ; Entrepreneurship ; Global economy ; International Business ; Pandemics ; Perspective ; Resilience ; Supply ; Value chain
  • Is Part Of: Asian business & management, 2020-07, Vol.19 (3), p.277-297
  • Description: On March 11, 2020, the World Health Organization (WHO) declared the coronavirus (COVID-19) outbreak a pandemic. As the evolution and implications of the COVID-19 crisis are still unfolding, we posit that exploring the experiences and strategic responses of Asian countries may shed light on ways to combat COVID-19 for the rest of the world. In this paper, we first articulate the importance of resilience, strategic agility, and entrepreneurship in the context of the fight against COVID-19. Then, with the focus on China, South Korea, and Singapore, we discuss the impact COVID-19 is having on economies and businesses, governmental support for businesses and societies, and implications for global supply chain disruptions. We hope that the global health system will recover quickly, and that the world economy will be revitalized with the contributions and collaboration of science (including social science), industry, and governments.
  • Publisher: London: Palgrave Macmillan UK
  • Language: English
  • Identifier: ISSN: 1472-4782
    EISSN: 1476-9328
    DOI: 10.1057/s41291-020-00119-x
  • Source: ProQuest Central
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