The Coronavirus Crisis: A Catalyst for Entrepreneurship

Klaus  Meyer; Carsten Lund Pedersen; Thomas Ritter

The Coronavirus Crisis: A Catalyst for Entrepreneurship

Richard Ivey School of Business

Research output: Other contribution › Net publication - Internet publication › Communication

Abstract

Throughout human history, crises have been pivotal in developing our societies. Pandemics have helped advance health-care systems, wars have fuelled technological innovations and the global financial crisis helped advance tech companies like Uber and Airbnb. The present coronavirus pandemic will arguably not be an exception; entrepreneurs can be expected to rise to the challenge.
Businesses play a key role both in helping society get through an economic crisis and in creating innovations that shape society after a crisis. So one key question is: how will the ongoing crisis influence future society?
While it’s hard to predict the future, we can develop an understanding of what is ahead by analyzing current trends.

Original language	English
Publication date	12 Apr 2020
Place of Publication	London
Publisher	The Conversation Trust
Publication status	Published - 12 Apr 2020

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 3 Good Health and Well-being

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https://theconversation.com/the-coronavirus-crisis-a-catalyst-for-entrepreneurship-135005Licence: Unspecified

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Cite this

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AB - Throughout human history, crises have been pivotal in developing our societies. Pandemics have helped advance health-care systems, wars have fuelled technological innovations and the global financial crisis helped advance tech companies like Uber and Airbnb. The present coronavirus pandemic will arguably not be an exception; entrepreneurs can be expected to rise to the challenge. Businesses play a key role both in helping society get through an economic crisis and in creating innovations that shape society after a crisis. So one key question is: how will the ongoing crisis influence future society? While it’s hard to predict the future, we can develop an understanding of what is ahead by analyzing current trends.

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