The coronavirus crisis and the technology sector

Carolyn Evans
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Carolyn Evans: Intel Corporation

Business Economics, 2020, vol. 55, issue 4, No 8, 253-266

Abstract: Abstract The coronavirus crisis has created a profound shift in how people interact and economies function. Policy mandates and fears of becoming infected or infecting others have impelled populations to shelter at home, socially distance, and otherwise reduce direct, in-person interactions with others. By enabling people to conduct many regular activities remotely, including working, learning, shopping, and receiving medical services, technology has allowed the continuation of some semblance of a normal lifestyle in this new environment. Within this context, the IT sector has provided the tools and resources required to support these remote activities, as well as to address the pandemic more directly through efforts such as supporting contact tracing and providing high-performance computing resources for COVID-19-related research. This paper discusses in more detail this impact of the pandemic on the technology industry, and its response to this shock, by addressing three elements: accelerated digital transformation, increased importance of technology in the economy and society, and prevalence of inequalities in access to and the use of technology.

Keywords: COVID-19; Information technology; Digital transformation; Digital divide; Remote work; Remote learning (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (4)

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DOI: 10.1057/s11369-020-00191-3

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