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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

Liu, Y., Lee, J. M. and Lee, C. The challenges and opportunities of a global health crisis: the management and business implications of COVID-19 from an Asian perspective. Asian Business & Management, 19 (3). pp. 277-297. ISSN 1472-4782

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To link to this item DOI: 10.1057/s41291-020-00119-x

Abstract/Summary

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 some useful 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 a focus on China, South Korea, and Singapore, we discuss the impact COVID19 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.

Item Type:Article
Refereed:Yes
Divisions:Henley Business School > International Business and Strategy
ID Code:90705
Publisher:Springer

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