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Entrepreneurship, innovation, digitization and digital transformation toward a sustainable growth within the pandemic environment

Entrepreneurship, innovation, digitization and digital transformation toward a sustainable growth... The coronavirus disease 2019 (COVID-19) pandemic has taken society, business and industries by surprise leading to a worldwide economic recession, pushing organizations to rethink their business model in order to shift from activity shutdown toward sustainable growth. The purpose of this research is to comprehend the implications and relationship between entrepreneurship, innovation, digitization and digital transformation aspects as the levers to achieve this goal.Design/methodology/approachFollowing the existing literature, an empirical approach has been established involving a quantitative analysis of secondary information obtained from official datasets and reports.FindingsThe COVID-19 pandemic was found to be an unfortunate accelerator regarding both consumers' habits and organizations' innovation and digital transformation, breaking with the past leading to new sustainable growth business models.Practical implicationsThe research provides an underlying outcome that addresses how wealth and economic value could be generated within the framework of new economic models in a post-pandemic environment.Originality/valueThe research highlights how the pandemic has disrupted what was known about sustainable business growth, and how this affects the future of business beyond the pandemic scenario, transforming the way society, businesses and customers interact. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png International Journal of Entrepreneurial Behaviour & Research Emerald Publishing

Entrepreneurship, innovation, digitization and digital transformation toward a sustainable growth within the pandemic environment

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Publisher
Emerald Publishing
Copyright
© Emerald Publishing Limited
ISSN
1355-2554
DOI
10.1108/ijebr-05-2021-0395
Publisher site
See Article on Publisher Site

Abstract

The coronavirus disease 2019 (COVID-19) pandemic has taken society, business and industries by surprise leading to a worldwide economic recession, pushing organizations to rethink their business model in order to shift from activity shutdown toward sustainable growth. The purpose of this research is to comprehend the implications and relationship between entrepreneurship, innovation, digitization and digital transformation aspects as the levers to achieve this goal.Design/methodology/approachFollowing the existing literature, an empirical approach has been established involving a quantitative analysis of secondary information obtained from official datasets and reports.FindingsThe COVID-19 pandemic was found to be an unfortunate accelerator regarding both consumers' habits and organizations' innovation and digital transformation, breaking with the past leading to new sustainable growth business models.Practical implicationsThe research provides an underlying outcome that addresses how wealth and economic value could be generated within the framework of new economic models in a post-pandemic environment.Originality/valueThe research highlights how the pandemic has disrupted what was known about sustainable business growth, and how this affects the future of business beyond the pandemic scenario, transforming the way society, businesses and customers interact.

Journal

International Journal of Entrepreneurial Behaviour & ResearchEmerald Publishing

Published: Jan 20, 2022

Keywords: COVID-19 pandemic; Entrepreneurship and innovation; Digitization and digital transformation; Business resilience; Business opportunities; Sustainable growth

References