Digitalization and Resilience: Firm-level Evidence During the COVID-19 Pandemic

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Release : 2022-02-18
Genre : Business & Economics
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Digitalization and Resilience: Firm-level Evidence During the COVID-19 Pandemic - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Digitalization and Resilience: Firm-level Evidence During the COVID-19 Pandemic write by Nordine Abidi. This book was released on 2022-02-18. Digitalization and Resilience: Firm-level Evidence During the COVID-19 Pandemic available in PDF, EPUB and Kindle. The COVID-19 pandemic has resulted in an unprecedented shock to firms with adverse consequences for existing productive capacities. At the same time, digitalization has increasingly been touted as a key pathway for mitigating economic losses from the pandemic, and we expect firms facing digital constraints to be less resilient to supply shocks. This paper uses firm-level data to investigate whether digitally-enabled firms have been able to mitigate economic losses arising from the pandemic better than digitally-constrained firms in the Middle East and Central Asia region using a difference-in-differences approach. Controlling for demand conditions, we find that digitally-enabled firms faced a lower decline in sales by about 4 percentage points during the pandemic compared to digitally-constrained firms, suggesting that digitalization acted as a hedge during the pandemic. Against this backdrop, our results suggest that policymakers need to close the digital gap and accelerate firms’ digital transformation. This will be essential for economies to bounce back from the pandemic, and build the foundations for future resilience.

Digitalization During the COVID-19 Crisis

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Release : 2023-03-13
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Digitalization During the COVID-19 Crisis - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Digitalization During the COVID-19 Crisis write by Florence Jaumotte. This book was released on 2023-03-13. Digitalization During the COVID-19 Crisis available in PDF, EPUB and Kindle. Digitalization induced by the pandemic was seen both as a possible silver-lining from the crisis that could increase longer-term productivity and a risk for further labor market inequality between digital and non-digital workers. The note shows that the pandemic accelerated digitalization and triggered a partial catch-up by less digitalized entities in advanced economies. Higher digitalization levels shielded substantially productivity and hours worked during the crisis. However, the extent to which the pandemic-induced digitalization led to structural change in the economy is less clear. Less digitalized sectors have rebounded more strongly, albeit after stronger declines, and while workers in digital occupations were more shielded from the crisis, there does not appear to be a structural change in the composition of labor demand. Meanwhile, shifts in labor supply are more likely to be permanent, driven by the increase in working from home.

Covid-19, Innovative Firms and Resilience

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Release : 2023-02-07
Genre : Law
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Covid-19, Innovative Firms and Resilience - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Covid-19, Innovative Firms and Resilience write by World Intellectual Property Organization. This book was released on 2023-02-07. Covid-19, Innovative Firms and Resilience available in PDF, EPUB and Kindle. ummary This paper explores the empirical association between patents and various indicators of firm resilience during the COVID-19 pandemic with worldwide firm-level data from manufacturing industries. The study shows that patent-intensive firms have a reduced probability of exit, in particular if they are larger and if engaging with complementary investments in R&D; and other intangibles. Additional estimates show that firm productivity has been an important transmission channel. Taken together, the results presented in the paper offer evidence-based findings pointing to patents as an important potential factor contributing to firm resilience during the COVID-19 pandemic. Policy insights are discussed.

Pandemic, Lockdown, and Digital Transformation

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Release : 2022-01-01
Genre : Law
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Book Rating : 747/5 ( reviews)

Pandemic, Lockdown, and Digital Transformation - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Pandemic, Lockdown, and Digital Transformation write by Saqib Saeed. This book was released on 2022-01-01. Pandemic, Lockdown, and Digital Transformation available in PDF, EPUB and Kindle. This edited volume discusses digital transformation in the context of the COVID-19 pandemic. In the wake of the COVID-19 pandemic and the widespread lockdown policies that followed, digital technologies were touted as an effective means towards ensuring continuity and minimal interruption of day-to-day operations for businesses and other institutions. Digital transformation, however, is an inherently complex process and the pressure of short adoption times may further increase complexities for organizations looking to foster digital technologies. This volume comprises original research contributions on theoretical foundations and empirical studies of digital transformations in the pandemic era. Written by academics and practitioners from diverse disciplines and industries, the chapters cover topics such as psychological and technical implications of pandemic situations, the economic, organizational, social, and legal implications of digital adoption, and case studies for digital transformation in different industries. This book will be useful for academics, technology professionals, business policy makers, NGO managers, and governments looking to optimize their digital transformation processes to better prepare their organizations in the presence of pandemic situations.

Digital Responses to Covid-19

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Release : 2021-03-10
Genre : Business & Economics
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Book Rating : 115/5 ( reviews)

Digital Responses to Covid-19 - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Digital Responses to Covid-19 write by Christian Hovestadt. This book was released on 2021-03-10. Digital Responses to Covid-19 available in PDF, EPUB and Kindle. This book presents ten essays that examine the potential of digital responses to the COVID-19 pandemic. The essays explore new digital concepts for learning and teaching, provide an overview of organizational responses to the crisis through digital technologies, and examine digital solutions developed to manage the crisis. Scientists from many disciplines work together in the fight against the virus and its numerous consequences. This book explores how information systems researchers can contribute to these global efforts. The book will be of interest to researchers and scholars in the field of digital business and education.