COVID-19 and the evolving business environment: from the lens of three innovation theories

Andrei O.J. Kwok; Motoki Watabe; Sharon G. M.  Koh

doi:10.1007/978-981-19-2749-2_14

COVID-19 and the evolving business environment: from the lens of three innovation theories

Andrei O.J. Kwok, Motoki Watabe, Sharon G. M. Koh

Malaysia Sch of Business

Research output: Chapter in Book/Report/Conference proceeding › Chapter (Book) › Research › peer-review

Abstract

The COVID-19 pandemic has changed the business environment both positively and negatively. In this closing chapter, we explore how the pandemic is driving innovation to enable businesses to thrive post-pandemic. Over the past decade, conceptual, applied, and empirical work has advanced the literature on innovation. In exploring the link between innovation and the business environment, research needs to be interdisciplinary to allow a holistic understanding of the topic. The integration of economics, management, and technology is a catalyst for new contributions from different fields, which is the core of innovation. As businesses prepare to operate in the new post-COVID-19 norm, we discuss three theories, namely, (Schumpeter’s, Capitalism, socialism, and democracy, Allen and Unwin, 1942) theory of creative destruction, (Barney, Journal of Management 17:99–120, 1991) resource-based view theory, and (Rogers, Diffusion of innovations, Free Press, 2003) diffusion of innovation theory to help readers better understand the relationship between innovation and evolving business environments.

Original language	English
Title of host publication	COVID-19 and the Evolving Business Environment in Asia
Subtitle of host publication	The Hidden Impact on the Economy, Business and Society
Editors	Andrei O. J. Kwok, Motoki Watabe, Sharon G. M. Koh
Place of Publication	Singapore Singapore
Publisher	Springer
Pages	281-289
Number of pages	9
Edition	1st
ISBN (Electronic)	9789811927492
ISBN (Print)	9789811927485
DOIs	https://doi.org/10.1007/978-981-19-2749-2_14
Publication status	Published - 2022

Access to Document

10.1007/978-981-19-2749-2_14

1 Edited Book
1 Chapter (Book)

China’s digital commerce: the recovery strategies of hospitality and tourism businesses during the COVID-19 crisis
Yean Shan, B., Chong, Y. S. & Li, X., 2022, COVID-19 and the Evolving Business Environment in Asia: The Hidden Impact on the Economy, Business and Society. Kwok, A. O. J., Watabe, M. & Koh, S. G. M. (eds.). 1st ed. Singapore Singapore: Springer, p. 173-185 13 p.
Research output: Chapter in Book/Report/Conference proceeding › Chapter (Book) › Research › peer-review
COVID-19 and the Evolving Business Environment in Asia: The Hidden Impact on the Economy, Business and Society
Kwok, A. O. J. (ed.), Watabe, M. (ed.) & Koh, S. G. M. (ed.), 2022, 1st ed. Singapore Singapore: Springer. 289 p.
Research output: Book/Report › Edited Book › peer-review

Cite this

Kwok, A. O. J., Watabe, M., & Koh, S. G. M. (2022). COVID-19 and the evolving business environment: from the lens of three innovation theories. In A. O. J. Kwok, M. Watabe, & S. G. M. Koh (Eds.), COVID-19 and the Evolving Business Environment in Asia: The Hidden Impact on the Economy, Business and Society (1st ed., pp. 281-289). Springer. https://doi.org/10.1007/978-981-19-2749-2_14

Kwok, Andrei O.J. ; Watabe, Motoki ; Koh, Sharon G. M. . / COVID-19 and the evolving business environment : from the lens of three innovation theories. COVID-19 and the Evolving Business Environment in Asia: The Hidden Impact on the Economy, Business and Society. editor / Andrei O. J. Kwok ; Motoki Watabe ; Sharon G. M. Koh. 1st. ed. Singapore Singapore : Springer, 2022. pp. 281-289

@inbook{7e6d237423f947c2a2ff0ac3ceff1d38,

title = "COVID-19 and the evolving business environment: from the lens of three innovation theories",

abstract = "The COVID-19 pandemic has changed the business environment both positively and negatively. In this closing chapter, we explore how the pandemic is driving innovation to enable businesses to thrive post-pandemic. Over the past decade, conceptual, applied, and empirical work has advanced the literature on innovation. In exploring the link between innovation and the business environment, research needs to be interdisciplinary to allow a holistic understanding of the topic. The integration of economics, management, and technology is a catalyst for new contributions from different fields, which is the core of innovation. As businesses prepare to operate in the new post-COVID-19 norm, we discuss three theories, namely, (Schumpeter{\textquoteright}s, Capitalism, socialism, and democracy, Allen and Unwin, 1942) theory of creative destruction, (Barney, Journal of Management 17:99–120, 1991) resource-based view theory, and (Rogers, Diffusion of innovations, Free Press, 2003) diffusion of innovation theory to help readers better understand the relationship between innovation and evolving business environments.",

author = "Kwok, {Andrei O.J.} and Motoki Watabe and Koh, {Sharon G. M.}",

year = "2022",

doi = "10.1007/978-981-19-2749-2_14",

language = "English",

isbn = "9789811927485",

pages = "281--289",

editor = "Kwok, {Andrei O. J. } and Motoki Watabe and Koh, {Sharon G. M. }",

booktitle = "COVID-19 and the Evolving Business Environment in Asia",

publisher = "Springer",

edition = "1st",

}

Kwok, AOJ, Watabe, M & Koh, SGM 2022, COVID-19 and the evolving business environment: from the lens of three innovation theories. in AOJ Kwok, M Watabe & SGM Koh (eds), COVID-19 and the Evolving Business Environment in Asia: The Hidden Impact on the Economy, Business and Society. 1st edn, Springer, Singapore Singapore, pp. 281-289. https://doi.org/10.1007/978-981-19-2749-2_14

COVID-19 and the evolving business environment : from the lens of three innovation theories. / Kwok, Andrei O.J.; Watabe, Motoki; Koh, Sharon G. M. .

COVID-19 and the Evolving Business Environment in Asia: The Hidden Impact on the Economy, Business and Society. ed. / Andrei O. J. Kwok; Motoki Watabe; Sharon G. M. Koh. 1st. ed. Singapore Singapore : Springer, 2022. p. 281-289.

Research output: Chapter in Book/Report/Conference proceeding › Chapter (Book) › Research › peer-review

TY - CHAP

T1 - COVID-19 and the evolving business environment

T2 - from the lens of three innovation theories

AU - Kwok, Andrei O.J.

AU - Watabe, Motoki

AU - Koh, Sharon G. M.

PY - 2022

Y1 - 2022

N2 - The COVID-19 pandemic has changed the business environment both positively and negatively. In this closing chapter, we explore how the pandemic is driving innovation to enable businesses to thrive post-pandemic. Over the past decade, conceptual, applied, and empirical work has advanced the literature on innovation. In exploring the link between innovation and the business environment, research needs to be interdisciplinary to allow a holistic understanding of the topic. The integration of economics, management, and technology is a catalyst for new contributions from different fields, which is the core of innovation. As businesses prepare to operate in the new post-COVID-19 norm, we discuss three theories, namely, (Schumpeter’s, Capitalism, socialism, and democracy, Allen and Unwin, 1942) theory of creative destruction, (Barney, Journal of Management 17:99–120, 1991) resource-based view theory, and (Rogers, Diffusion of innovations, Free Press, 2003) diffusion of innovation theory to help readers better understand the relationship between innovation and evolving business environments.

AB - The COVID-19 pandemic has changed the business environment both positively and negatively. In this closing chapter, we explore how the pandemic is driving innovation to enable businesses to thrive post-pandemic. Over the past decade, conceptual, applied, and empirical work has advanced the literature on innovation. In exploring the link between innovation and the business environment, research needs to be interdisciplinary to allow a holistic understanding of the topic. The integration of economics, management, and technology is a catalyst for new contributions from different fields, which is the core of innovation. As businesses prepare to operate in the new post-COVID-19 norm, we discuss three theories, namely, (Schumpeter’s, Capitalism, socialism, and democracy, Allen and Unwin, 1942) theory of creative destruction, (Barney, Journal of Management 17:99–120, 1991) resource-based view theory, and (Rogers, Diffusion of innovations, Free Press, 2003) diffusion of innovation theory to help readers better understand the relationship between innovation and evolving business environments.

U2 - 10.1007/978-981-19-2749-2_14

DO - 10.1007/978-981-19-2749-2_14

M3 - Chapter (Book)

SN - 9789811927485

SP - 281

EP - 289

BT - COVID-19 and the Evolving Business Environment in Asia

A2 - Kwok, Andrei O. J.

A2 - Watabe, Motoki

A2 - Koh, Sharon G. M.

PB - Springer

CY - Singapore Singapore

ER -

Kwok AOJ, Watabe M, Koh SGM. COVID-19 and the evolving business environment: from the lens of three innovation theories. In Kwok AOJ, Watabe M, Koh SGM, editors, COVID-19 and the Evolving Business Environment in Asia: The Hidden Impact on the Economy, Business and Society. 1st ed. Singapore Singapore: Springer. 2022. p. 281-289 https://doi.org/10.1007/978-981-19-2749-2_14

COVID-19 and the evolving business environment: from the lens of three innovation theories

Abstract

Access to Document

Research output

China’s digital commerce: the recovery strategies of hospitality and tourism businesses during the COVID-19 crisis

COVID-19 and the Evolving Business Environment in Asia: The Hidden Impact on the Economy, Business and Society

Cite this