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What is Early-Stage Companies

Chapter 2
Handbook of Research on Emerging Business Models and the New World Economic Order
They are firms located in their early stages of business operations.
Published in Chapter:
How Have Governments and the Entrepreneurial Sector Reacted to the First COVID-19 Lockdown?
Alicia Coduras (Institut Opinòmetre, Spain & GEM Global, UK), Jose Manuel Saiz-Alvarez (Catholic University of Avila, Spain & Catholic University of Santiago de Guayaquil, Ecuador), and Muhammad Azam Roomi (Mohammed bin Salman College of Business and Entrepreneurship, Saudi Arabia)
Copyright: © 2022 |Pages: 21
DOI: 10.4018/978-1-7998-7689-2.ch002
Abstract
At the end of 2019, the pandemic caused by COVID-19 and its different mutations is forcing the world to face a significant economic crisis that will change the business world. To cope with this socio-economic problem, a digitation process has been accelerated in the labor market, and a more vital public-private collaboration has been put into action to solve this situation. Despite these efforts, the world is facing a broader North-South gap, and a new business world has been created for the new generations to come. This chapter aims to analyze how the first lockdown caused by COVID-19 has influenced this changing process. The authors conclude that this lockdown has accelerated both the digitation process and the work-life balance. Also, more efforts are needed to fight the psychiatric problems associated with the lockdown.
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