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The Impact Of Global Trends And Covid-19 On International New Ventures

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  • Margarita E. Mihaylova

    (D. A. Tsenov Academy of Economics)

Abstract

The COVID-19 pandemic has accelerated existing trends in the global business environment thus changing the conditions for performing international entrepreneurial activity. Four such trends of a key role in international business are the digitalization and active use of communication technologies, the restructuring of global supply chains, the erosion of trust in international organizations, and finally yet importantly, the integrity of international business networks and knowledge transfer. The paper explores the impact of the acceleration of these trends on the creation and the success of international new ventures.

Suggested Citation

  • Margarita E. Mihaylova, 2021. "The Impact Of Global Trends And Covid-19 On International New Ventures," Economic Archive, D. A. Tsenov Academy of Economics, Svishtov, Bulgaria, issue 3 Year 20, pages 46-58.
    • Handle: RePEc:dat:earchi:y:2021:i:3:p:46-58
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    File URL: http://hdl.handle.net/10610/4526
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    References listed on IDEAS

    as
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    global business environment; international entrepreneurship; international new ventures; COVID-19;
    All these keywords.

    JEL classification:

    • F18 - International Economics - - Trade - - - Trade and Environment
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • F60 - International Economics - - Economic Impacts of Globalization - - - General
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups

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