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Organizations, societies, and economies are the scope of sustainability in every community. The growing realization of electronically-enabled business as critical drivers of sustainable economic growth and development especially during crisis is no doubt propelling nations into harnessing the benefits of enterpreneural transformation in the 21st century and post covid-19 era. Teleworking and Telecommuting are technologies that have the ability to enable ubiquitous digital service transmissions needed to combat and curtail the prevalence of pandemics such as Covid-19. Capabilities of telecommuting can be effectively utilized to address the challenges associated with Covid-19 presently and in the post covid-19 era including threats in war-turned geographical spaces. However, there is the paucity of such knowledge, orientation and awareness amongst entrepreneurs, industries and companies in developing countries like Nigeria. This lacuna, if properly bridged will help unpack the link between production, consumption and service delivery in an emerging economy. This paper examines the notional impact of the concept of telecommuting and teleworking as a mechanism for a sustainable economic transformation and global repositioning of the work force beyond the covid crisis. Furthermore, it analyzes and juxtaposes the readibility of business environments to ensure their employee's safety in the work place and remote working, thus providing continuity to economic, productive and business activity. This conceptual study uses the interpretive paradigm, through deductive analysis to draw the conclusion that there is a very poor level of deployment of telecommuting and teleworking models in countries like Nigeria during crisis and pandemics and therefore recommends that organizations adopt this mechanism to propel safety of the workforce and reduce cost. With the approval for the operation of the 5G network in the Nigerian telecommunications space, entrepreneurs can explore the gains to sustain remote working or working from home in the post-covid-19 era.
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PurposeThis study evaluates the impact of online menus and perceived convenience of online food ordering on consumer purchase intention and shows how a desire for food creates a relationship between an online menu and a customer's purchase intention. Suggestions for management are proposed to design an effective menu to improve business performance in the competitive market in Vietnam.Design/methodology/approachThe paper follows a quantitative method. Quantitative research aims to analyze and critically evaluate the research question(s) to discover new factors.FindingsFindings indicate a positive relationship between menu visual appeal (MV), menu informativeness (MI), desire for food (DF), the perceived convenience (PC) of ordering food online and intention to purchase (PI). The attractiveness of images and information is a significant factor affecting diners' desire to eat, while the demand for food and the convenience of ordering food online are also factors affecting purchase intention.Practical implicationsThe study confirms the importance of online menus to purchase intention. Economically, when supply and demand are reasonable, the market is stable and technology develops. In terms of social, hygiene, attractiveness and price factors, it is helpful to have an overview. Research is the premise for further studies with factors from menu to customer trust.Originality/valueThe study provides a solid foundation for further studies on restaurant menu elements as well as a new perspective on how restaurants improve their dishes.
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COVID-19 struck the world by storm and has taken its victims along the way. It had also put the whole world on a temporary pause as people tried to manage the virus as best as possible. It has affected people all around the globe and had a huge impact on the global economy. This research will look into how microbusinesses have used social media in order to better face the challenges and changes that came due to the COVID-19 crisis while it will discuss how businesses' perceptions were altered along the way. In particular we are reviewing relevant academic literature surrounding microbusinesses and how they have been affected by COVID-19. The research methods used within this study, and the research results will be stated with reference to primary respondents. We have used a combination of secondary and primary research to develop further understanding of microbusinesses and the impact that COVID-19 has had on organizations in relation to the use of the internet and social media platforms. Limitations of the study will also be identified, and future research areas will be identified.
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The Covid-19 pandemic and Brexit have focused attention on the resilience of key sectors and firms. This paper explores the financial resilience of the 50 largest automotive firms in the West Midlands region of the UK in their response to disruption and economic shocks. The findings demonstrate that 22 firms are at high risk due to poor current liquidity ratios, with Coventry and Birmingham emerging as locations most susceptible to firm closures. High-risk firms include key flagship original equipment manufacturers operating at the downstream end of supply chains. If these firms were to fail, there would be a significant destructive impact on both the industry and the local economy. We assert an effective subnational industrial policy is required in order to support economic resilience in regions such as the West Midlands where a few firms account for a disproportionate share of employment and value-added.
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PurposeThe COVID-19 health crisis has brought about a set of extra health and safety regulations, and procedures to the construction industry which could influence projects' economic performance (EP). The aim of this paper is to examine the effect of adopting COVID-19 safety protocols on construction sites on the economic performance (EP) of construction projects.Design/methodology/approachEmploying the survey method using a structured questionnaire, data were collected from small- and large-sized construction projects in Nigeria and analysed using partial least squares structural equation modelling (PLS-SEM) technique.FindingsThe findings reveal that job re-organization and sanitization have negative significant effects on EP, while social distancing and specific training have no effect on EP. Furthermore, project size moderates the relationship between job re-organization, sanitization, specific training and EP with the stronger effect on the relationships observed in big projects, except for the relationship between sanitization and EP where the moderating relationship is stronger in small projects. However, there is no significant moderating effect of project size on the relationship between social distancing and EP.Practical implicationsAs construction project sites continue to operate amidst strict safety protocols, this study offers theoretical and practical insights on how construction projects can adhere to the safety protocols while performing economically.Originality/valueThe originality of this study's findings stems from the fact that it is among the first to provide greater insight on how construction projects have fared economically considering the impact of the various COVID-19 protocols.
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The COVID-19 pandemic has caused significant changes in global sustainability, but specifically, this study analyses the impact of lockdown on health and behavior in the game of football. The 2020/2021 Italian football competitive season (indicated as "post-COVID”), taking place following an obliged lockdown and longer than the normal summery season break, was characterized by very short recovery times and was compared to the 2018–2019 "pre-COVID” season, which had a regular course. The comparisons were about anthropometric and hormonal responses, muscle damage, and the physical performance of players in the major league (Serie A), and were made considering two extreme points of the competitive seasons: before the preparatory period (T0) and at the end of the season (T1). Turning to the results, it is significant to note the following: (1) body fat percentage was lower at the start (T0) of the post-COVID season than at the start of the pre-COVID season. During both seasons, serum CK and LDH increased in T1 and were significantly higher in both T0 and T1 of the post-COVID season. (2) Cortisol and testosterone concentrations increased in both seasons from T0 to T1;however, in the post-COVID season, concentrations of both were higher than in the previous season. The testosterone to cortisol ratio increased at the end of the pre-COVID season, whilst strongly decreasing at T1 of the post-COVID season. (3) Blood lactate concentrations significantly decreased during the pre-COVID season but remained unchanged during the post-COVID season. We may conclude that the enforced suspension period and the consequent rapid resumption of all activities influenced the physical and physiological state of professional footballers.
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The article describes the world's experience in developing the solar industry. It discusses the mechanisms of state support for developing renewable energy sources in the cases of five countries that are the most successful in this area—China, the United States, Japan, India, and Germany. Furthermore, it contains a brief review of state policy in producing electricity by renewable energy facilities in Kazakhstan. This paper uses statistical information from the International Renewable Energy Agency (IRENA), the International Energy Agency (IEA), British Petroleum (BP), and the Renewable Energy Network (REN21), and peer-reviewed sources. The research methodology includes analytical research and evaluation methods to examine the current state of solar energy policy, its motivators and incentives, as well as the prospects for its development in Kazakhstan and in the world. Research shows that solar energy has a huge development potential worldwide and is sure to take its place in gross electricity production. This paper focuses on the selected economic policies of the top five countries and Kazakhstan, in what may be considered a specific research limitation. Future research suggestions for the expansion of Renewable Energy (RE) in Kazakhstan could include analysing the impact of introducing dedicated policies and incentives for solar systems and exploring the benefits and challenges of implementing large RE zones with government–business collaboration.
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Domestic livestock production is a major component of the agricultural sector, contributing to food security and human health and nutrition and serving as the economic livelihood for millions worldwide. The impact of disease on global systems and processes cannot be understated, as illustrated by the effects of the COVID-19 global pandemic through economic and social system shocks and food system disruptions. This study outlines a method to identify the most likely sites of introduction into the United States for three of the most concerning foreign animal diseases: African swine fever (ASF), classical swine fever (CSF), and foot-and-mouth disease (FMD). We first created an index measuring the amount of potentially contaminated meat products entering the regions of interest using the most recently available Agricultural Quarantine Inspection Monitoring (AQIM) air passenger inspection dataset, the AQIM USPS/foreign mail, and the targeted USPS/foreign mail interception datasets. The risk of introduction of a given virus was then estimated using this index, as well as the density of operations of the livestock species and the likelihood of infected material contaminating the local herds. Using the most recently available version of the datasets, the most likely places of introduction for ASF and CSF were identified to be in central Florida, while FMD was estimated to have been most likely introduced to swine in western California and to cattle in northeastern Texas. The method illustrated in this study is important as it may provide insights on risk and can be used to guide surveillance activities and optimize the use of limited resources to combat the establishment of these diseases in the U.S.
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The development of sharia tourism in Indonesia has some extraordinary challenges and obstacles throughout 20202022 due to the Covid-19 pandemic. On the other hand, the 2019 gMtI data shows that by 2030, the number of Muslim tourists is projected to exceed 230 million worldwide. The opportunities, challenges, and obstacles shown in the development of sharia tourism require stakeholder follow-up as part of the growth of the sharia economy in the country. This study offers a theoretical framework for economic growth built on dynamic cycle theory because very few studies investigate it. Even though it is imperative to consider an analysis of economic growth with a dynamic cycle that focuses on the halal tourism sector because it is known to make a significant contribution that supports sustainable development conditions and vice versa. This study investigates one of the Islamic tourism development models originating from Ibn Khaldun's thoughts regarding the concept of the state relating to justice to obtain wealth in economic activity (through trade). The research method used is a literature study using content analysis that focuses on the thoughts of Ibn Khaldun as contained in his work entitled Muqadimmah and several relevant previous literatures. The findings reveal that there are two important points. First, Ibnu Khaldun proposes a framework to help countries face challenges of growth or problems of back-and-forth economic development including a dynamic cycle. The framework is based on a proposition of eight principles from a policy known as the eight wise principles or sentence hikammiyah consisting of sovereign power (al-mulk), sharia, human resources (ar-rijal), property (al-mal), development (al-imarah), justice (al-adl), a yardstick (al-mizan), and responsibility are cycles that occur with different durations. So in the end created three generations. Second, if Ibn Khaldun's thoughts about the eight principles of justice policy are embodied in sharia tourism development policies that are supported by the role of human resources, it will affect the reversal of sharia economic growth. It can be concluded that the dynamic cycle can support the development of sharia tourism and have an impact on sharia economic growth as long as the eight policy principles are implemented correctly according to sharia. Stakeholders need to consider the dynamic cycle for future sharia tourism development policies.
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This paper aims to empirically analyze the difference in the closure rate of the commercial district according to the industry structure of the commercial district. Theoretically, the larger the number of stores in a commercial district, the greater the positive externality caused by the agglomeration economies in consumption, namely, the external economies of scale. However, the agglomeration economies could occur from comparison shopping or one-stop shopping, depending on the business structure of the commercial district. According to the empirical results of the regression analysis of all 1164 commercial districts in Korea, the more specialized a commercial district is by stores in a specific industry, the lower the closure rate of that commercial district. This means that the agglomeration economies in consumption are driven by comparison shopping rather than by one-stop shopping and implies that it is necessary to introduce incentives that allow stores in the same industry to cluster together in terms of policy. Meanwhile, if the closure is limited to a specific industry, it will cause an endogeneity problem since it affects the industry structure of the commercial district. Considering this, as a result of additional estimation by 2SLS and GMM using instrumental variables, the error in estimation due to the endogeneity problem was not large, confirming that COVID-19 corresponds to an overall external shock that is not limited to a specific industry. In addition, this paper presents diagnostic indicators for commercial districts to measure the impact of COVID-19. Through this, it will be possible to alleviate conflicts between social classes over compensation or subsidies for sanctions for quarantine. To the best of our knowledge, it is the first time to use all commercial districts in Korea for a research in evaluating the impact of COVID-19, and empirical results on agglomeration economies focusing on the consumption side are limited.
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The purpose of this study is to identify and analyse the impact of digital innovations to manage business operations during COVID-19 lockdown. Due to COVID-19, a nation-wide lockdown affected the Indian economy severely as both service and manufacturing organizations were closed for a long duration. Thus, to manage with these challenges and address the expectations of their employees, organizations identified various artificial intelligence (AI) and cloud-based digital innovations to continue their business operations during lockdown. The study used a systematic review of literature and document analysis to unravel such innovations that have been initiated and implemented in Indian organizations during COVID-19 lockdown. The study finds that digital innovations and strategies are useful for coping with unseen challenges and also can transform the organizations into smarter ones. The study proposes a conceptual framework on the basis of findings, which will be used for futuristic studies.
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The research is based on the global struggle with the COVID-19 pandemic, where countries are facing challenges in managing the flow of essential goods, including medical devices, medicines, and consumer goods. In this regard, the Indonesian National Single Window System (SINSW) can play a critical role in managing the import and export of goods required to combat the pandemic. The experience of the pandemic has emphasized the need for SINSW to enhance its capacity to meet demands in normal and emergency situations. Therefore, Lembaga National Single Window (LNSW), a unit of the Ministry of Finance, needs to develop and evaluate its business continuity governance to meet domestic needs and business requirements. To measure the level of business continuity management capability, this study utilizes the COBIT 2019 framework, specifically the DSS (Deliver, Service, Support) 04 domain. The research aims to address the problem of measuring the level of business continuity management capability and providing recommendations for improving LNSW's business continuity governance. Based on the assessment, the DSS04-Managed Continuity process capability value owned by LNSW has only partially achieved level 1 process capability, and further activities and work products are required to fulfill the next level of achievement. The study is expected to contribute to LNSW by providing a mapping of the maturity level of business continuity management and recommendations for improvement based on the evaluation results. By enhancing the level of business continuity management capability, it is anticipated that the quality of public services will improve. Moreover, the author's work paper, which utilizes the COBIT 2019 framework to assess the level of capability, can be utilized by LNSW as a self-assessment tool for regularly evaluating business continuity management and as a reference for future researchers in this field. © 2023, Success Culture Press. All rights reserved.
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PurposeThis paper aims to find a suitable structure for a practitioner's handbook that addresses the structural elements of the business continuity (BC) practice.Design/methodology/approachThe case study using the mixed method, quantitative with a questionnaire and conceptual research approach was what has been chosen. The four steps to the research process are outlined: one, choosing the topic, two, collecting relevant literature, three, identifying specific variables and four, generating a structure. The design brought on by years of experience, should be put into an organised system and handbook that can be reused, without having to reinvent the wheel.FindingsA BC handbook should be as relevant to the executives and management as to their employees. By adopting a BC practice in a government department, state-owned entity, agency or municipality. Assurance will be ascertained for reliable, improved service delivery and reputation with much less interruption. Therefore a handbook with a "cradle to the grave” BC approach should outline, with examples of standards, awareness, policy, BC programme plan, BC structures, business impact and risk analysis, strategy, budgets, scorecards, monitoring and evaluation, recovery and BC plans, together with the audit and an International Standards Organization (ISO) 22301 certification process.Research limitations/implicationsThe research was limited to literature, questionnaires and identified variables pertaining to BC management (BCM) in the South African Government.Practical implicationsThe implications of the case study is that out of the variables identified and the relevant literature and standards, a structure for a relevant post-COVID-19 government practitioner's handbook could be made available.Social implicationsThe use of a BCM handbook for government would assist in the continuation of services through manmade and natural disasters. The service to the citizen, including but not limited to water, electricity, sanitation, medical and health services, and the food supply chain are just a few areas that can be positively impacted upon by good BCM. By implication the reliance of government structure are treated most in time of disasters as experienced through the two year period of the COVID-19 pandemic.Originality/valueThe government departments in South Africa do not have or have not implemented BCM due to the lack of clear guidelines. The COVID-19 pandemic however had accelerated the requirement for a top down BCM approach. To ensure that the scope of BCM is not limited, the possibility of having a set handbook for the government practitioner will ensure that service quality remains intact. Such a handbook related to government BCM practice is long outstanding.
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PurposeThe present research aims to explore the relationship between the university's new identity and its architectural design, and to investigate the impact of COVID-19 pandemic on this model. It also aims to analyze the declared identity of the new Egyptian universities.Design/methodology/approachTo formulate the hypothesis of the relational model, the research started with the literature related to physical and nonphysical variables of university's identity (organizational and visual identity) and the impact of the pandemic on its identity. Secondly, an online questionnaire targeting academic leaders was conducted to identify the relative importance of the selected variables of university's identity pre- and post-pandemic. Thirdly, a content analysis of the new Egyptian universities' identity was used to track the correlation between the selected variables based on information accessible on universities' websites. Finally, the results of the content analysis and the questionnaire were compared to test the hypothesis.FindingsThe study reveals the most important physical variable of university's new identity pre- and post-pandemic is technological infrastructure and flexible design, while the least important is university's unique design. The results highlight that the universities need to revisit the declared identity to reflect the new challenges posed by COVID-19.Originality/valueThis study is considered one of the first researches that links the physical and nonphysical variables of university's new identity. The current study contributes to analyzing the impact of COVID-19 on university identity and architecture.
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Many countries with low to medium incomes need a long time to recover from the economic downturn caused by Covid-19. The impact of Covid-19 affects the main development priorities in Indonesia, such as poverty alleviation, the achievement of sustainable development, and the transformation of the green economy. The economic and fiscal constraints facing Indonesia need attention, and the Indonesian economy needs to establish policy criteria. The purpose of this article is to analyze the environmental problems in Indonesia and then identify the government policy related to sustainable development programs to release them. The Ministry of Finance has an essential role in the SDGs by allocating National Budget to environmental programs. Sustainable development is Indonesia's commitment to the international community to reduce the use of carbon emissions to promote a green economy. The green economy indicators that we elaborate in supporting SDGs programs are low-carbon development, resource efficiency, and socially inclusive.
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The COVID-19 crisis disrupted the economic life of the entire world and caused various disturbances at different levels in economies and societies. Consequently, the study of the economic impact of the health crisis became necessary to identify the influences that the health crisis had on numerous activities, including economic ones. There are calls for more studies to be conducted about the effects of COVID-19 at different levels so that lessons can be learned. The present paper answers these calls and focuses on the analysis of the impact of the COVID-19 crisis on international trade at the country level by investigating two European countries, Romania and Poland. First, it analyzes the macro-level context of the two countries during the COVID-19 pandemic. Then, a regression methodology is employed to measure the impact of the COVID-19 burden (which includes the number of cases and the number of deaths related to COVID-19) on the export and import flows in Romania and Poland. The investigation refers to the first two years of the COVID-19 pandemic, 2020–2021, which were the most significant. The results of the regression analysis showed that international trade was affected by the COVID-19 burden in the two countries, but the influences were different in the two countries. Exports and imports in Poland were more affected by COVID-19 than exports and imports in Romania. COVID-19 also had a higher impact on the import than the export flows in both countries during the period considered. The negative assumed relationships between COVID-19 burden and international trade flows were not verified in these specific country cases. This paper provides more evidence about the economic impact of the COVID-19 crisis, contributing to a better understanding of the economic effects of health crises in general.
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Today, Ukraine find itself in a very difficult situation, on the one hand, the already unstable economy has just begun to recover after the coronavirus crisis;on the other hand, it is suffering colossal losses from Russian aggression. The article examines the current economic and ecological state of Ukraine, considering the influence of such drastic external factors as a military invasion with the aim of determining the prerequisites for the formation of an effective social and environmental policy and developing approaches to the improvement and stabilization of the national economy. To achieve the goals of the article, have been used intersectoral balance and in particular economic impact analysis (EIA), which was conducted on the example of the Ukrainian agricultural sector, because it is one of the three driving forces of its economy. The results of the study showed the scenarios of possible changes and their consequences for the economy of the state as a whole, and in the future can be used for study in order to develop new and improve existing methods of solving socio-economic problems at the national level and preserving natural capital, as one of the key elements on path to sustainable development.
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En las últimas décadas, los inversores se han preocupado no sólo de obtener rentabilidad de sus carteras, sino también de casar ese rendimiento con valores éticos relacionados con el mantenimiento del medio ambiente, la responsabilidad social y la gobernanza. Surge así la llamada Inversión Socialmente Responsable, siendo los fondos de inversión socialmente responsables uno de sus instrumentos más importantes. En este trabajo, hemos utilizado el análisis envolvente de datos (DEA) para analizar el impacto del COVID-19 sobre la eficiencia de fondos de inversión socialmente responsables del Reino Unido. Para ello hemos dividido nuestro periodo de estudio en dos: pre-COVID y COVID. De esta forma podremos concluir si hay diferencia respecto a la eficiencia en los fondos según su nivel de sostenibilidad y el periodo analizado. Los resultados obtenidos nos permiten concluir que en el periodo pre-COVID los fondos más eficientes pertenecen al grupo de los de mejor calificación ESG. Si bien este grupo también es el que más se ha visto afectado por la pandemia. Lo contrario se concluye para el grupo de los de menor calificación ESG.Alternate :In recent decades, investors have been concerned not only with obtaining returns on their portfolios, but also with matching these returns with ethical values related to environmental protection, social responsibility and governance. Thus arises the so-called Socially Responsible Investment, being socially responsible mutual funds one of its most important instruments. In this paper, the data envelopment analysis (DEA) has been considered to analyze the impact of COVID-19 on the efficiency of UK socially responsible mutual funds. For this, we have divided our study period into two: pre-COVID and COVID. In this way we will be able to conclude whether there is a difference in the efficiency of the funds according to their level of social responsibility and the analyzed period. The results obtained allow us to conclude that in the pre-COVID period the most efficient funds belong to the group of those with the best ESG rating. Although this group is also the one that has been most affected by the pandemic. The opposite is concluded for the group of those with the lowest ESG rating.
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The study examines the crisis resilience of startup companies in Hungary among the Visegrad countries as a result of the pandemic situation. It aims to provide guidance on what support is needed for startups in the post-crisis period to re-launch the economy and to contribute to the region's economy with positive results. The research was carried out in two stages: first, in 2021 through an online survey, and then, in 2022 in-depth interviews due to the economic crisis caused by COVID-19 and the Russian–Ukrainian war. A mixed research methodology was used, which comprised an online questionnaire administered in the Crunchbase database (n = 97) and in-depth interviews among startup founders and experts of the startup ecosystem (n = 22). The research summarizes the V4 countries' measures to protect entrepreneurship with a particular focus on startups. The research found that a crisis such as a pandemic did not have a uniformly negative impact on startups. The winners of the economic crisis are startups in IT, healthcare (Medtech. health-tech), e-commerce and digital education, while those who fared worst are startups in tourism and hospitality. The positive impact of the crisis has been a cleansing of the startup ecosystem. Business support measures supported the viable startups and helped them survive.
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e-Learning is popular in various developed countries, but it is still underutilized in many developing countries. During COVID-19, when technology was utilized to overcome these obstacles in delivering education globally, e-Learning became widespread in developing nations. In turn, this promoted e-Learning in all types of educational institutions, specifically in higher-level institutions, such as universities. e-Learning has become vital to students' learning and academic achievement. Despite the positive global impact of e-Learning, Bangladesh's situation is quite different. Where socio-economic inequality and the digital divide are pervasive, it results in unequal learning gains and opportunities for university students. Consequently, this affects students' academic achievements. Despite the importance of the topic, there is an existing knowledge gap. This study aims to fill the gap by investigating the effect of e-Learning on the academic achievements of university students in Bangladesh. The study utilizes a mixed methodology. A total of 275 university students participated in this study. The findings of this study demonstrated that students lack access to technological devices and digital literacy, which, in turn, has negatively affected their academic achievement in conjunction with the advancement of e-Learning. Hence, this study recommends that the government offset adverse effects to ensure students utilize e-Learning appropriately.