2021
DOI: 10.2478/slgr-2021-0027
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Implications of the COVID-19 Crisis on the Creation of Innovations – Assessment Attempt

Abstract: The aim of the article is an attempt to analyze the impact of the pandemic crisis (caused by the COVID-19 coronavirus) on innovations created by economic entities. The ongoing economic downturn has reasons different from previous economic peturbations, and has much more extensive effects across the entire global economy. Hence the need to analyze not individual economies as trends (megatrends) in the emergence of innovations initiated or significantly accelerated by the pandemic crisis. The analysis was made o… Show more

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Cited by 3 publications
(1 citation statement)
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“…For example, some studies investigate the catalytic role of crises in the emergence of new technological trends (Protasiewicz, 2021); the consequences of information asymmetry resulting from crises and their impact on the innovation process (Phillips, Roehrich, & Kapletia, 2021); the ability of companies to respond to crises by suspending the pursuit of profit (Netz, Reinmoeller, & Axelson, 2022); the increase in the number of patent applications during crises, such as the COVID-19 pandemic (Heinrich & Yang, 2022); and the impact of crises on the efficiency of environmentally friendly technologies (Wei, Liu, & Lin, 2023), among others (Daklhe, Bogner, Becker, Schlaile, Pyka, & Ebesberger, 2021;Bessant, Rush, & Trifilova, 2015). This scarcity becomes even more significant when considering studies specifically focused on innovation processes driven by crises, analyzing the dynamics of network orchestration involved in the development of innovation during times of crisis (Pan, Cui, & Qian, 2020;Schotter, 2021).…”
Section: Introductionmentioning
confidence: 99%
“…For example, some studies investigate the catalytic role of crises in the emergence of new technological trends (Protasiewicz, 2021); the consequences of information asymmetry resulting from crises and their impact on the innovation process (Phillips, Roehrich, & Kapletia, 2021); the ability of companies to respond to crises by suspending the pursuit of profit (Netz, Reinmoeller, & Axelson, 2022); the increase in the number of patent applications during crises, such as the COVID-19 pandemic (Heinrich & Yang, 2022); and the impact of crises on the efficiency of environmentally friendly technologies (Wei, Liu, & Lin, 2023), among others (Daklhe, Bogner, Becker, Schlaile, Pyka, & Ebesberger, 2021;Bessant, Rush, & Trifilova, 2015). This scarcity becomes even more significant when considering studies specifically focused on innovation processes driven by crises, analyzing the dynamics of network orchestration involved in the development of innovation during times of crisis (Pan, Cui, & Qian, 2020;Schotter, 2021).…”
Section: Introductionmentioning
confidence: 99%