The Consequences of COVID-19 Disruption on Sustainable Economy in the Top 30 High-Tech Innovative Countries.

Q1 Business, Management and Accounting

Global Journal of Flexible Systems Management Pub Date : 2023-01-01 Epub Date: 2023-04-03 DOI:10.1007/s40171-023-00338-z

Muhammad Ikram, Youssef Sayagh

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引用次数: 0

Abstract

This study aims to investigate the effects of the COVID-19 pandemic on the innovation index, Gross Domestic Product (GDP), high technology exports, and human development (HDI) in the world's leading 30 high-tech innovative countries. Using grey relational analysis models, the association between COVID-19 and other economic development indices was investigated. The model selects the country least affected by the pandemic from the top 30 innovative countries through a conservative (maximin) method based on grey association values. Data was collected from World Bank databases and analyzed to compare pre- and post-COVID-19 periods (2019, 2020). The outcomes of this study provide essential recommendations for industries and decision-makers with suitable action plans to preserve economic systems from further harm caused by the global COVID-19 outbreak. The ultimate goal is to boost the innovation index, GDP, high-tech exports, and HDI of high-tech economies and pave the way for a sustainable economy. To the author's knowledge, this is the first study to develop a multidimensional framework to assess COVID-19's impact on the sustainable economy of top 30 high-tech innovative countries, and to conduct a comparative analysis to identify the strong and weak effects of COVID-19 on sustainable economic growth.

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新冠肺炎疫情对30个高技术创新型国家可持续经济的影响。

本研究旨在探讨 COVID-19 大流行对全球领先的 30 个高科技创新国家的创新指数、国内生产总值（GDP）、高科技出口和人类发展指数（HDI）的影响。利用灰色关系分析模型，研究了 COVID-19 与其他经济发展指数之间的关联。该模型通过基于灰色关联值的保守（最大值）方法，从排名前 30 的创新型国家中选出受大流行病影响最小的国家。数据收集自世界银行数据库，并通过分析比较了 COVID-19 前后两个时期（2019 年、2020 年）。这项研究的成果为各行业和决策者提供了重要建议，并制定了适当的行动计划，以保护经济系统免受全球 COVID-19 爆发造成的进一步伤害。最终目标是提高高科技经济体的创新指数、国内生产总值、高科技出口和人类发展指数，为可持续经济铺平道路。据笔者所知，这是第一项建立多维框架来评估 COVID-19 对排名前 30 的高科技创新型国家的可持续经济影响的研究，并通过比较分析来确定 COVID-19 对可持续经济增长的强效应和弱效应。

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来源期刊

Global Journal of Flexible Systems Management Business, Management and Accounting-Business, Management and Accounting (miscellaneous)

CiteScore

11.00

自引率

0.00%

发文量

期刊介绍： Aim This journal intends to share concepts, researches and practical experiences to enable the organizations to become more flexible (adaptive, responsive, and agile) at the level of strategy, structure, systems, people, and culture. Flexibility relates to providing more options, quicker change mechanisms, and enhanced freedom of choice so as to respond to the changing situation with minimum time and efforts. It aims to make contributions in this direction to both the world of work and the world of knowledge so as to continuously evolve and enrich the flexible systems management paradigm at a generic level as well as specifically testing and innovating the use of SAP-LAP (Situation- Actor - Process-Learning-Action-Performance) framework in varied managerial situations to cope with the challenges of the new business models and frameworks. It is a General Management Journal with a focus on flexibility. Scope The Journal includes papers relating to: conceptual frameworks, empirical studies, case experiences, insights, strategies, organizational frameworks, applications and systems, methodologies and models, tools and techniques, innovations, comparative practices, scenarios, and reviews. The papers may be covering one or many of the following areas: Dimensions of enterprise flexibility, Connotations of flexibility, and Emerging managerial issues/approaches, generating and demanding flexibility.