...Annelot Wismans; Peter van der Zwan; Roy Thurik Purpose Lockdowns and the forced closure of certain industries during the COVID-19 pandemic severely impacted workers, particularly entrepreneurs, who were financially and emotionally involved in their businesses. Two studies have shown...

... market collapse in 2020 (World Bank, 2021). According to reports, the Covid-19 pandemic and policy responses educed reduced demand for goods and services, supply chain disruptions and limited physical operations, which resulted in lower revenues and profitability that were further exacerbated by economic...

.... Furthermore, the authors found that EO as a crisis response strategy significantly supports intra-regional EMBs in managing their vulnerability to the hostile institutional environment, reduces the adverse effect of public policy responses and stimulates their survival during the COVID-19 pandemic...

...Sorin Gavrila Gavrila; Antonio De Lucas Ancillo Purpose 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...