{"title":"Reacting to a Large-Scale UNK-UNK during Its Initial Onset: Fast Response and Retrospective Sensemaking in South Korea","authors":"Thomas Y. Choi, Daesoo Kim, Seung Ho Yoo","doi":"10.37394/23207.2023.20.232","DOIUrl":null,"url":null,"abstract":"This study addresses how a nation may cope with a large unknow-unknown event with looming uncertainty. We focus on Korea’s response to the onslaught of COVID-19. Although Korea’s response was fast and immediate, it was also incremental and disjointed. This study aims to provide a structured understanding of the confusing state of early responses. We adopt the theory-building approach based on case studies and use newspaper articles and government press releases as the primary sources of data. We develop a grounded theoretical model as evidence and use the enactment theory to explain the underlying empirical and theoretical dynamics.","PeriodicalId":39427,"journal":{"name":"WSEAS Transactions on Business and Economics","volume":"12 20","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2023-12-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"WSEAS Transactions on Business and Economics","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.37394/23207.2023.20.232","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"Economics, Econometrics and Finance","Score":null,"Total":0}
引用次数: 0
Abstract
This study addresses how a nation may cope with a large unknow-unknown event with looming uncertainty. We focus on Korea’s response to the onslaught of COVID-19. Although Korea’s response was fast and immediate, it was also incremental and disjointed. This study aims to provide a structured understanding of the confusing state of early responses. We adopt the theory-building approach based on case studies and use newspaper articles and government press releases as the primary sources of data. We develop a grounded theoretical model as evidence and use the enactment theory to explain the underlying empirical and theoretical dynamics.
期刊介绍:
WSEAS Transactions on Business and Economics publishes original research papers relating to the global economy. We aim to bring important work using any economic approach to a wide international audience and therefore only publish papers of exceptional scientific value that advance our understanding of finances. The research presented must transcend the limits of case studies, while both experimental and theoretical studies are accepted. While its main emphasis is economic, it is a multi-disciplinary journal and therefore its content mirrors the diverse interests and approaches of scholars involved with the international dimensions of business, economics, finance, history, law, marketing, management, political science, and related areas. It also welcomes scholarly contributions from officials with government agencies, international agencies, and non-governmental organizations.