The Impact Of Global Trends And Covid-19 On International New Ventures

Margarita E. Mihaylova
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Margarita E. Mihaylova: D. A. Tsenov Academy of Economics

Economic Archive, 2021, issue 3 Year 2021, 46-58

Abstract: The COVID-19 pandemic has accelerated existing trends in the global business environment thus changing the conditions for performing international entrepreneurial activity. Four such trends of a key role in international business are the digitalization and active use of communication technologies, the restructuring of global supply chains, the erosion of trust in international organizations, and finally yet importantly, the integrity of international business networks and knowledge transfer. The paper explores the impact of the acceleration of these trends on the creation and the success of international new ventures.

Keywords: global business environment; international entrepreneurship; international new ventures; COVID-19 (search for similar items in EconPapers)
JEL-codes: F18 F23 F60 M13 (search for similar items in EconPapers)
Date: 2021
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