COVID-19 Effect on Accelerating Technology and Innovation in Businesses
This paper assesses empirically the COVID-19 effect on businesses and the potential dynamic changes regarding post-COVID-19 automation and technology penetration using various logistic regression models. A field survey was used to collect the necessary data for testing various hypotheses. This stud...
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Format: | Article |
Language: | English |
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Vilnius University Press
2024-05-01
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Series: | Organizations and Markets in Emerging Economies |
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Online Access: | https://www.journals.vu.lt/omee/article/view/32394 |
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author | Husam Arman Shaikha Al-Fulaij Sulayman Al-Qudsi Ahmad Alawadhi Mohammad Al Ali |
author_facet | Husam Arman Shaikha Al-Fulaij Sulayman Al-Qudsi Ahmad Alawadhi Mohammad Al Ali |
author_sort | Husam Arman |
collection | DOAJ |
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This paper assesses empirically the COVID-19 effect on businesses and the potential dynamic changes regarding post-COVID-19 automation and technology penetration using various logistic regression models. A field survey was used to collect the necessary data for testing various hypotheses. This study demonstrates the severity of the pandemic on businesses and how it has changed their perspectives on technology as a critical aspect of survival and future success. The results showed that capital-intensive firms are more resilient to the crisis. In addition, the firms that were affected severely in terms of employment due to the pandemic believe that technology will significantly impact hiring, investment, and value added. This paper investigates a unique phenomenon represented by COVID-19, its impact on businesses in a resource-rich context and their responsiveness concerning technology deployment and automation.
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format | Article |
id | doaj-art-66222e9cd36a46e593fcc6fe956dde20 |
institution | Kabale University |
issn | 2029-4581 2345-0037 |
language | English |
publishDate | 2024-05-01 |
publisher | Vilnius University Press |
record_format | Article |
series | Organizations and Markets in Emerging Economies |
spelling | doaj-art-66222e9cd36a46e593fcc6fe956dde202025-01-20T18:21:40ZengVilnius University PressOrganizations and Markets in Emerging Economies2029-45812345-00372024-05-01151(30)10.15388/omee.2024.15.2COVID-19 Effect on Accelerating Technology and Innovation in BusinessesHusam Arman0https://orcid.org/0000-0002-3546-1718Shaikha Al-Fulaij1Sulayman Al-Qudsi 2https://orcid.org/0000-0003-4080-6976Ahmad Alawadhi3Mohammad Al Ali4Kuwait Institute for Scientific Research, KuwaitKuwait Institute for Scientific Research, KuwaitKuwait Institute for Scientific Research, KuwaitKuwait Institute for Scientific Research, KuwaitKuwait Institute for Scientific Research, Kuwait This paper assesses empirically the COVID-19 effect on businesses and the potential dynamic changes regarding post-COVID-19 automation and technology penetration using various logistic regression models. A field survey was used to collect the necessary data for testing various hypotheses. This study demonstrates the severity of the pandemic on businesses and how it has changed their perspectives on technology as a critical aspect of survival and future success. The results showed that capital-intensive firms are more resilient to the crisis. In addition, the firms that were affected severely in terms of employment due to the pandemic believe that technology will significantly impact hiring, investment, and value added. This paper investigates a unique phenomenon represented by COVID-19, its impact on businesses in a resource-rich context and their responsiveness concerning technology deployment and automation. https://www.journals.vu.lt/omee/article/view/32394InnovationCOVID-19AutomationTechnologyProductivity |
spellingShingle | Husam Arman Shaikha Al-Fulaij Sulayman Al-Qudsi Ahmad Alawadhi Mohammad Al Ali COVID-19 Effect on Accelerating Technology and Innovation in Businesses Organizations and Markets in Emerging Economies Innovation COVID-19 Automation Technology Productivity |
title | COVID-19 Effect on Accelerating Technology and Innovation in Businesses |
title_full | COVID-19 Effect on Accelerating Technology and Innovation in Businesses |
title_fullStr | COVID-19 Effect on Accelerating Technology and Innovation in Businesses |
title_full_unstemmed | COVID-19 Effect on Accelerating Technology and Innovation in Businesses |
title_short | COVID-19 Effect on Accelerating Technology and Innovation in Businesses |
title_sort | covid 19 effect on accelerating technology and innovation in businesses |
topic | Innovation COVID-19 Automation Technology Productivity |
url | https://www.journals.vu.lt/omee/article/view/32394 |
work_keys_str_mv | AT husamarman covid19effectonacceleratingtechnologyandinnovationinbusinesses AT shaikhaalfulaij covid19effectonacceleratingtechnologyandinnovationinbusinesses AT sulaymanalqudsi covid19effectonacceleratingtechnologyandinnovationinbusinesses AT ahmadalawadhi covid19effectonacceleratingtechnologyandinnovationinbusinesses AT mohammadalali covid19effectonacceleratingtechnologyandinnovationinbusinesses |