Implications of the COVID-19 Crisis on the Creation of Innovations – Assessment Attempt

Abstract

Abstract The aim of the article is an attempt to analyze the impact of the pandemic crisis (caused by the COVID-19 coronavirus) on innovations created by economic entities. The ongoing economic downturn has reasons different from previous economic peturbations, and has much more extensive effects across the entire global economy. Hence the need to analyze not individual economies as trends (megatrends) in the emergence of innovations initiated or significantly accelerated by the pandemic crisis. The analysis was made on the basis of reports from institutions such as the World Economic Forum, OECD or ESPAS, as well as preliminary studies conducted in some countries (eg the USA). It should be emphasized that due to the ongoing perturbations and the pandemic not ending, precise research results will be possible to obtain in later years.