How COVID-19 Pandemics Influences Chinese Economic Sustainability

Vasiev, Maksim; Bi, Kexin; Denisov, Artem; Bocharnikov, Vladimir

doi:10.17323/2500-2597.2020.2.7.22

Cited by 47 publications

(28 citation statements)

References 26 publications

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“…The great extent of the interruption, the effects between countries and industries, and the extreme changes in supply and demand occurring during the pandemic have significantly altered the supply chain (Craighead et al , 2020). Arising from the effects and impacts of the pandemic, various authors emphasize the need to provide directions to advance the literature on the impacts of epidemic outbreaks (Queiroz et al , 2020; Ceylan et al , 2020), a change towards a more domestic supply chain which would reduce the dependence on an increasingly fractured global supply system (Trautrims et al , 2020), a suggestion to analyse the development of post-epidemic financial flows (Vasiev et al , 2020), adapting the supply chain model to ensure agility, resilience and sustainability, adapting organisational structures to supply and demand allocation (Ivanov, 2020) able to absorb negative disturbances, recover and survive over short and long periods of interruption (Trautrims et al , 2020), as well as adapting digital technology and digital inclusion, which can prevent major interruptions from harming society’s means of subsistence (Quayson, Bai and Osei, 2020).…”

Section: Resultsmentioning

confidence: 99%

Covid-19 and organisational development: important signs of a new pillar for sustainability

Marques

Serrasqueiro

Nogueira

2021

SRJ

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Purpose The global pandemic has had a considerable effect on organisations’ performance and development and on the daily lives of the general population. This study aims to analyse the recent literature on the topics of Covid-19 and sustainability and proposes to rethink and redefine sustainability with the intersection of human health as a fourth sustainable pillar. Design/methodology/approach Using the Scopus and ISI Web of Science databases, 119 articles were analysed in detail and classified according to concepts and principles for achieving sustainable development, based on the Brundtland Report, 1987. Findings The results indicate a high number of publications in the social dimension, with a relevant proportion of studies in the health sector. This study allows us to conclude that all sectors of society are being affected by the pandemic. However, the enormous tension and the immediate impact felt by the health sector during the pandemic reflect directly on the population, and there are clear signs that in the medium and long term, instability and uncertainty in the environmental, economic and social dimensions will remain. In national health systems, monitoring, innovating in human resource management and investing in information technology can ensure organizations’ reliability and sustainability. The conclusion involves the suggestion of introducing health as a new pillar for sustainability to consolidate the basis and structure of the United Nations’ Sustainable Development Objectives. The use of fundamental concepts is necessary and must be aligned to reassess the results obtained in studies, in comparison with observational data. Practical implications The implications arising from the inclusion of health as a fourth pillar of sustainability are diverse. The need to build a new theoretical and conceptual framework for sustainability derives from the fact that health reflects the concern of many postulants in this field of practices. The determining or conditioning conditions of the observed effects of the pandemic by COVID-19, whether situated simply as factors and/or economic, environmental or social reflexes that precede them, requires a conceptual development that allows its approach, as a complex object, whose determinations are subject to variable degrees of uncertainty and diversity. Originality/value This study aims to redefine the concept of sustainability, considering that health has become a public health emergency of international interest. Health affects the supply chain, cash flow, interferes with the educational format and interrupts the workforce’s routine, among other aspects, showing the true nature of its importance and its impact in all spheres (economic, environmental and social).

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Section: Resultsmentioning

confidence: 99%

Covid-19 and organisational development: important signs of a new pillar for sustainability

Marques

Serrasqueiro

Nogueira

2021

SRJ

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“…As a consequence of ensuring "green growth", conflicts between eco-logically interests and business should be minimized. The same conflict can be observed between environmental priorities and industrial programs and the creation of new and the modernization of transport corridors [Vasiev et al, 2020]. China is still a largely agricultural country with a large population.…”

Section: Conclusion and Recommendationsmentioning

confidence: 81%

Untitled

2021

Foresight and STI Governance

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NAICS -5414 NACE -M74.1 NAICS -54131 NACE -M71.11 NAICS -54191 NACE -M71.11 NAICS -5418 NACE -M73.1 NAICS -54192-9 NACE -M74.2.9 Advertising services Market research services Architectural services Design services Technical testing services Engineering services R&D services Computerrelated services Data processing and information services Consultancy services Accountancy services Legal services (Other Professional Scientific and Technical Services)11 Such a process is known as "KIBSification" [Brax et al., 2008], and described without this label in [Djellal, 2002]. 12 One exception is the UK Foresight Programme, which ran a striking projection on "Detection and Identification of Infectious Diseases" (published in 2006, available at https://bityl.co/4uGx; see also [Suk et al., 2008]; the recent Russia 2030 study drew attention to the danger of pandemics and the scope for new approaches to vaccine development [Gokhberg, 2016].

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“…CN, 2022). But with the recent relaxation of preventative measures by other countries, the pressure on the Chinese government is also increasing (Vasiev et al, 2020). Ding and Zhang (2022) noted that the long-term strict prevention strategies can cause social exhaustion among public and impact the economy.…”

Section: Existing Maintenance Of Clientsmentioning

confidence: 99%

How founder-entrepreneurs from Chinese high-tech SMEs assess market risks and explore new opportunities for growth and survival during COVID-19

2022

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Founder-entrepreneurs in SMEs tend to have an active role in shaping the business and the direction and management of their innovation strategies. During COVID-19, their understanding of risks and approach towards decision making has become very crucial as the market sensitivity changed drastically with various levels of challenges such as travel restrictions, national lockdown, reduced market demand and operational uncertainty. So far, there are very limited studies on the role of the founder-entrepreneurs from Chinese high-tech software SMEs in managing the business risks from the pandemic. This paper will address some of these gaps by presenting case studies of 9 successful high-tech software SMEs in China and discuss how their founder-entrepreneurs have engaged with the market, identified COVID-19 related risks and how they have made critical decisions to survive and explore new market opportunities for growth. As part of a longitudinal study, in-depth interviews were conducted with the founder-entrepreneurs at various stages of the pandemic to explore their progress with the business operation and management. The paper will discuss the role of the founder-entrepreneurs from SMEs in risk analysis and decision-making. It makes an important contribution to the growing literature on Chinese SMEs, and COVID-19.

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How COVID-19 Pandemics Influences Chinese Economic Sustainability

Cited by 47 publications

References 26 publications

Covid-19 and organisational development: important signs of a new pillar for sustainability

Covid-19 and organisational development: important signs of a new pillar for sustainability

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How founder-entrepreneurs from Chinese high-tech SMEs assess market risks and explore new opportunities for growth and survival during COVID-19

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