1st Edition
Covid-19 and International Business Change of Era
The Covid-19 pandemic has induced a crisis grasping the world abruptly, simultaneously, and swiftly. As a critical juncture, it ignited a change of era for international business. This book illustrates how governments have dealt with the pandemic and the consequent impacts on international business. It also explores the disrupted operations and responses of businesses as their worldwide interconnectivity has been seriously threatened.
The book discourses multidirectional aspects of the effects of Covid-19 on international business, ranging from the juxtaposing forces disrupting globalization and installing a change of era through decoupling of technological, production and knowledge flows to its stimulating aspects to the strategic response on business, industry and state level. The book contains thirty chapters that offer a multidimensional interpretation of impacts of Covid-19 on international business theory and practice.
Employing the latest state of knowledge on the topic, the book is aimed at international business audience - scholars, students and managers who need to understand better the nature, scope and scale of the impacts of the pandemic on international business.
1 International Business in the Covid-19 Pandemic
Marin A. Marinov and Svetla T. Marinova
Part One: General Outlook of Covid-19 and Its Overall Effects on International Business
2 Change of Era or Era of Changes
Jaqueline Pels
3 Covid-19: Challenges to International Business
Marin A. Marinov
4 Digesting a Bitter Cherry on an Over Baked Cake: Renewing the Approach to Corporate Strategy in a Global Turmoil
Jean-Paul Lemaire
5 We Are Different. Cross-national Similarities in the Non-response to Covid-19 Pandemic and the Need for Global Cooperation
Ernesto Tavoletti
6 Will Coronavirus Kill Globalization?
Marian Gorynia
7 The Impact of the Great Lockdown on the Future of the World Economy and International Business
Kari Liuhto
Part Two: Covid-19 - Industry Perspectives and Business Models
8 Covid-19 and the Changing Perception of Strategic Industries: Implications for International Business
Ahmad Arslan, Zaheer Khan, Minnie Kontkanen and Shlomo Tarba
9 Change of International Business Models during Covid-19
William W. Baber and Arto Ojala
10 Digital Health Business Models during and post Covid-19
Andrei Panibratov
Part Three: Impacts of Covid-19 on International Finance and Human Resource Management
11 Covid-19: Stock Markets Responses
Sophie Nivoix and Serge Rey
12 Market Conforming and Non-market Conforming Financial Support Measures in Europe during Covid-19
Winfried Müller
13 Covid-19: The Need for New Talent Management Agenda
Marina Latukha
14 Expatriates, Rise of Telecommuting, and Implications for International Business
Ahmad Arslan, Ismail Gölgeci and Jorma Larimo
Part Four: Covid-19: Global Supply and Value Chains
15 Covid-19 and Global Value Chains: Reconfiguration of Activities across Borders
Paolo Barbieri, Albachiara Boffelli, Stefano Elia, Luciano Fratocchi, and Matteo Kalchschmidt
16 Covid-19, Global Value Chains, Risk, and Resilience
Jonas Strømfeldt Eduardsen
17 The Butterfly Effect of Covid-19: Towards an Adapted Model of Commodity Supply
Laurent Lacroix and Eric Milliot
18 Sustainable Global Supply Chain Management Model Post-Covid-19
Sardana Islam Khan and Julian Teicher
19 Covid-19 and Global Value Chains in South-East Asia and Singapore
Anikó Magasházi
Part Five: Covid-19 and International Business Ethics
20 Corporate Social Responsibility Response Strategies to Covid-19
Leonidas Leonidou, Bilge Aykol, Pantelitsa Eteokleous, and Angelici Vosko
21 Is Irresponsible Business Immune to Covid-19? The Case of Modern Slavery
Snejina Michailova
Part Six: Small and Medium-Sized Firms and Social Enterprises in Covid-19
22 Effects of Covid-19 on the Export Operations of Smaller Manufacturing Enterprises
George Tesar
23 Covid-19: Challenges to the Internationalization of SMEs
Ernesto Tapia-Moore
24 The Power of Social Enterprises: Cooperatives as Partners of Multinational Firms in the Post Pandemic Recovery
Andrei Kuznetsov and Olga Kuznetsova
Part Seven: Geographic Perspectives of Covid-19 Impacts on International Business
25 China Gets Triple Hits by Covid-19
Shuquan He, Maria Elo, Xiaotian Zhang, and Julia Zhang
26 Rebuilding Chinese International Business during and Post Covid-19
Shuquan He and Xiaoying Wang
27 Danish Companies in China during Covid-19: Staying Afloat and Post-pandemic Trends
Dmitrij Slepniov
28 Investment Attractiveness of Central and Eastern Europe for Western Multinational Firms in the Post-Covid-19 Era
Arnold Schuh
29 Large Firms and Covid-19: Insights from Brazil
Thomaz Wood Jr., Jorge Carneiro, and Maria Tereza Leme Fleury
Conclusive Chapter
30 Disrupting Globalization: Prospects for States and Firms in International Business
Svetla T. Marinova
Biography
Marin A. Marinov is Professor of International Business at Aalborg University, Denmark.
Svetla T. Marinova is Professor of International Business and International Marketing at Aalborg University, Denmark.
