Abstract
In this chapter, the editors introduce this book of valuable insights about the impacts of the COVID-19 pandemic on the business environment from an Asian perspective. While some businesses in Asia have been swift to embrace the new normal, others have found the disruption to the traditional way of doing business challenging. Businesses have been struggling to respond, adapt, and thrive under the shadow of the unprecedented upheaval to the business environment that has forced them to rethink their strategies, processes, and operating models. There seems to be a consensus among business scholars and stakeholders that the continuous embrace of change and transformation of business models will assist businesses to sustain a long-term competitive advantage. The chapters in this book explore shifts in business innovation and strategies linked to the “new normal” of doing business during the pandemic, bringing to light issues, challenges, and opportunities that firms can expect to face in their need to ensure sustainability post-pandemic and beyond.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Change history
14 October 2022
∎∎∎
References
Anis, S., & French, J. (2022). COVID-19 and India’s flirtation with localism. 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. Springer. https://doi.org/10.1007/978-981-19-2749-2
Barney, J. (1991). Firm resources and sustained competitive advantage. Journal of Management, 17(1), 99–120. https://doi.org/10.1177/014920639101700108
Beh, Y. S., Chong, Y. S., & Li, X. (2022). China’s digital commerce: The recovery strategies of the hospitality and tourism businesses during the COVID-19 crisis. 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. Springer. https://doi.org/10.1007/978-981-19-2749-2
Donthu, N., & Gustafsson, A. (2020). Effects of COVID-19 on business and research. Journal of Business Research, 117, 284. https://doi.org/10.1016/j.jbusres.2020.06.008
Ewe, S. Y., & Ho, H. H. P. (2022). Transformation of personal selling during and post COVID-19 pandemic. 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. Springer. https://doi.org/10.1007/978-981-19-2749-2
Jahari, S. A., French, J., & Ismail, A. S. (2022). COVID-19 and the metamorphosis of the F&B industry in Malaysia. 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. Springer. https://doi.org/10.1007/978-981-19-2749-2
Kwok, A. O. J., & Koh, S. G. M. (2022). COVID-19 implications for tourism: Shifts, trends, challenges and opportunities. 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. Springer. https://doi.org/10.1007/978-981-19-2749-2
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. Springer. https://doi.org/10.1007/978-981-19-2749-2
Lee, G. H. Y., & Zubir, M. H. A. (2022). E-Commerce adoption by women micro-entrepreneurs in Malaysia. 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. Springer. https://doi.org/10.1007/978-981-19-2749-2
Lee, L. M. Q., Yang, I. C. M., & Watabe, M. (2022). FDI in the era of a pandemic: Public health as a new country risk measure. 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. Springer. https://doi.org/10.1007/978-981-19-2749-2
Rogers, E. (2003). Diffusion of innovations (5th ed.). Free Press.
Schumpeter, J. (1942). Capitalism, socialism, and democracy. Allen and Unwin.
Siah, A. K. L., & Chan, L. (2022). Responses to the COVID-19 pandemic: Exploring leakage and opportunities along the Maldives’ tourism value chain. 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. Springer. https://doi.org/10.1007/978-981-19-2749-2
Tjiptono, F., Khan, G., Ewe, S. Y., & Dharmesti, M. (2022a). Consumer behavior during and post-COVID-19 in Indonesia and Malaysia. 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. Springer. https://doi.org/10.1007/978-981-19-2749-2
Tjiptono, F., Pernama I. B. G. A., Setyawan, A., & Widaharthana, I. P. E. (2022b). The perfect storm: Navigating and surviving the COVID-19 crisis. 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. Springer. https://doi.org/10.1007/978-981-19-2749-2
Watabe, M., Kubo, H., Horie, K., Katsuki, R., Yamakawa, I., Sakamoto, S., & Kato, T. A. (2022a). Effects of COVID-19 on mental health in business: Increasing the hikikomori-like workers among workers in Japan. 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. Springer. https://doi.org/10.1007/978-981-19-2749-2
Watabe, M., Murakami, T., & Nagata, M. (2022b). Japanese prefer to have face-to-face communication in the workplace even during the pandemic. 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. Springer. https://doi.org/10.1007/978-981-19-2749-2
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2022 The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.
About this chapter
Cite this chapter
Kwok, A.O.J., Watabe, M., Koh, S.G. (2022). COVID-19 and the Transformation of the Business Environment. In: Kwok, A.O.J., Watabe, M., Koh, S.G. (eds) COVID-19 and the Evolving Business Environment in Asia. Springer, Singapore. https://doi.org/10.1007/978-981-19-2749-2_1
Download citation
DOI: https://doi.org/10.1007/978-981-19-2749-2_1
Published:
Publisher Name: Springer, Singapore
Print ISBN: 978-981-19-2748-5
Online ISBN: 978-981-19-2749-2
eBook Packages: Business and ManagementBusiness and Management (R0)