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      Hop to it! The impact of organization type on innovation response time to the COVID-19 crisis

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          Abstract

          The COVID-19 pandemic has led to a changing environment posing many challenges that call for innovative solutions, leading to a changing innovation landscape. We explore particular organizational actors’ innovation response time by analyzing data from a commercial innovation database. Arguing that innovation response time mostly depends on how organizations perceive time, we expect innovative start-ups to be the quickest and universities to be the slowest in responding to the crisis. Controlling for a set of external drivers of structural change, we find support for our hypothesis about start-ups. Contrary to our expectations, universities do not significantly differ in their innovation response time compared with incumbents. To underpin the robustness of our findings, we provide a specification curve analysis. Our results indicate the significance of start-up–corporate collaboration and open innovation, especially in the aftermath of the crisis.

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          A Novel Coronavirus from Patients with Pneumonia in China, 2019

          Na Zhu, Dingyu Zhang, Wenling Wang … (2020)
          Summary In December 2019, a cluster of patients with pneumonia of unknown cause was linked to a seafood wholesale market in Wuhan, China. A previously unknown betacoronavirus was discovered through the use of unbiased sequencing in samples from patients with pneumonia. Human airway epithelial cells were used to isolate a novel coronavirus, named 2019-nCoV, which formed a clade within the subgenus sarbecovirus, Orthocoronavirinae subfamily. Different from both MERS-CoV and SARS-CoV, 2019-nCoV is the seventh member of the family of coronaviruses that infect humans. Enhanced surveillance and further investigation are ongoing. (Funded by the National Key Research and Development Program of China and the National Major Project for Control and Prevention of Infectious Disease in China.)
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            Financial markets under the global pandemic of COVID-19

            Dayong Zhang, Min Hu, Qiang Ji (2020)
            Highlights • The COVID-19 pandemic has significant impacts on global financial markets. • Substantial increases of volatility are found in global markets due to the outbreak. • Global stock markets linkages display clear different patterns before and after the pandemic announcement. • Policy responses may create further uncertainties in the global financial markets.
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              Effects of COVID-19 on Business and Research

              Naveen Donthu, Anders Gustafsson (2020)
              The COVID-19 outbreak is a sharp reminder that pandemics, like other rarely occurring catastrophes, have happened in the past and will continue to happen in the future. Even if we cannot prevent dangerous viruses from emerging, we should prepare to dampen their effects on society. The current outbreak has had severe economic consequences across the globe, and it does not look like any country will be unaffected. This not only has consequences for the economy; all of society is affected, which has led to dramatic changes in how businesses act and consumers behave. This special issue is a global effort to address some of the pandemic-related issues affecting society. In total, there are 12 papers that cover different industry sectors (e.g., tourism, retail, higher education), changes in consumer behavior and businesses, ethical issues, and aspects related to employees and leadership.
              Article 0 comments Cited 397 times – based on 0 reviews     Review now
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                Author and article information

                Journal
                Journal ID (nlm-ta): J Bus Res
                Journal ID (iso-abbrev): J Bus Res
                Title: Journal of Business Research
                Publisher: The Author(s). Published by Elsevier Inc.
                ISSN (Print): 0148-2963
                ISSN (Electronic): 0148-2963
                Publication date PMC-release: 7 December 2020
                Publication date (Print): January 2021
                Publication date (Electronic): 7 December 2020
                Volume: 124
                Pages: 126-135
                Affiliations
                [a ]University of Hohenheim, Innovation Management Research Group, Schloss Osthof-Nord, 70593 Stuttgart, Germany
                [b ]University of Hohenheim, Entrepreneurship Research Group, Wollgrasweg 49, 70599 Stuttgart, Germany
                Author notes
                [* ]Corresponding author.
                Article
                Publisher Item ID: S0148-2963(20)30802-X
                DOI: 10.1016/j.jbusres.2020.11.051
                PMC ID: 9754948
                PubMed ID: 36540106
                SO-VID: 1e7a2ba9-9e8b-4542-a926-4cb821ebe9e2
                Copyright © © 2020 The Author(s)
                License:

                Since January 2020 Elsevier has created a COVID-19 resource centre with free information in English and Mandarin on the novel coronavirus COVID-19. The COVID-19 resource centre is hosted on Elsevier Connect, the company's public news and information website. Elsevier hereby grants permission to make all its COVID-19-related research that is available on the COVID-19 resource centre - including this research content - immediately available in PubMed Central and other publicly funded repositories, such as the WHO COVID database with rights for unrestricted research re-use and analyses in any form or by any means with acknowledgement of the original source. These permissions are granted for free by Elsevier for as long as the COVID-19 resource centre remains active.

                History
                Date received : 23 July 2020
                Date revision received : 23 November 2020
                Date accepted : 25 November 2020
                Categories
                Subject: Article

                Keywords: covid-19,innovation,innovation response time,speed,start-ups,universities
                Data availability:
                Keywords: covid-19, innovation, innovation response time, speed, start-ups, universities

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