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The Covid-19 pandemic has induced a crisis grasping the world abruptly, simultaneously, and swiftly. As a critical juncture, it ignited a change of era for international business. This book illustrates how governments have dealt with the pandemic and the consequent impacts on international business. It also explores the disrupted operations and responses of businesses as their worldwide interconnectivity has been seriously threatened.

The book discourses multidirectional aspects of the effects of Covid-19 on international business, ranging from the juxtaposing forces disrupting globalization and installing a change of era through decoupling of technological, production and knowledge flows to its stimulating aspects to the strategic response on business, industry and state level. The book contains thirty chapters that offer a multidimensional interpretation of impacts of Covid-19 on international business theory and practice.

Employing the latest state of knowledge on the topic, the book is aimed at international business audience - scholars, students and managers who need to understand better the nature, scope and scale of the impacts of the pandemic on international business.
List of Figures
ix
List of Tables
xi
Editors xiii
About the Contributors xv
1 International Business in the COVID-19 Pandemic
1(16)
Marin A. Maarinov
Svetla T. Marinova
PART I General Outlook of COVID-19 and Its Overall Effects on International Business
17(70)
2 Change of Era or Era of Changes
19(7)
Jaqueline Pels
3 COVID-19: Challenges to International Business
26(9)
Marin A. Marinov
4 Digesting a Bitter Cherry on an Overbaked Cake: Renewing the Approach to Corporate Strategy in a Global Turmoil
35(21)
Jean Paul Lemaire
5 We Are Different: Cross-national Similarities in the Non-response to COVID-19 Pandemic and the Need for Global Cooperation
56(10)
Ernesto Tavoletti
6 Will COVID-19 Kill Globalization?
66(8)
Marian Gorynia
7 The Impact of the Great Lockdown on the Future of the World Economy and International Business
74(13)
Kari Liuhto
PART II COVID-19: Industry Perspectives and Business Models
87(36)
8 COVID-19 and the Changing Perception of Strategic Industries: Implications for International Business
89(14)
Ahmad Arslan
Zaheer Khan
Minnie Kontkanen
Shlomo Tarba
9 Change of International Business Models during COVID-19
103(10)
William W. Baber
Arto Ojala
10 Digital Health Business Models during and Post-COVID-19
113(10)
Andrei Panibratov
PART III Impacts of COVID-19 on International Finance and Human Resource Management
123(44)
11 COVID-19: Stock Market Responses
125(15)
Sophie Nivoix
Serge Rey
12 Market Conforming and Non-market Conforming Financial Support Measures in Europe during COVID-19
140(8)
Winfried Muller
13 COVID-19: The Need for New Talent Management Agenda
148(8)
Marina Latukha
14 Expatriates, Rise of Telecommuting, and Implications for International Business
156(11)
Ahmad Arslan
Ismail Golgeci
Jorma Larimo
PART IV COVID-19: Global Supply and Value Chains
167(68)
15 COVID-19 and Global Value Chains: Reconfiguration of Activities across Borders
169(11)
Paolo Barbieri
Albachiara Boffelli
Stefano Elia
Luciano Fratocchi
Matteo Kalchschmidt
16 COVID-19, Global Value Chains, Risk, and Resilience
180(12)
Jonas Strømfeldt Eduardsen
17 The Butterfly Effect of COVID-19: Toward an Adapted Model of Commodity Supply
192(13)
Laurent Lacroix
Eric Milliot
18 Sustainable Global Supply Chain Management Model Post-COVID-19
205(20)
Sard Ana Islam Khan
Julian Teicher
19 COVID-19 and Global Value Chains in South-East Asia and Singapore
225(10)
Aniko Magashazi
PART V COVID-19 and International Business Ethics
235(30)
20 Corporate Social Responsibility Response Strategies to COVID-19
237(20)
Leonidas C. Leonidou
Bilge Aykol
Pantelitsa Eteokleous
Angeliki Voskou
21 Is Irresponsible Business Immune to COVID-19? The Case of Modern Slavery
257(8)
Snejina Michailova
PART VI Small and Medium-Sized Firms and Social Enterprises in COVID-19
265(40)
22 Effects of COVID-19 on the Export Operations of Smaller Manufacturing Enterprises
267(11)
George Tesar
23 COVID-19: Challenges to the Internationalization of SMEs
278(17)
Ernesto Tapia Moore
24 The Power of Social Enterprises: Cooperatives as Partners of Multinational Firms in the Post-Pandemic Recovery
295(10)
Andrei Kuznetsov
Olga Kuznetsova
PART VII Geographic Perspectives of COVID-19 Impacts on International Business
305(58)
25 China Gets Triple Hit by COVID-19
307(14)
Shuquan He
Maria Elo
Xiaotian Zhang
Julia Zhang
26 Rebuilding Chinese International Business during and post-COVID-19
321(9)
Shuquan He
Xiaoying Wang
27 Danish Companies in China during COVID-19: Staying Afloat and Post-Pandemic Trends
330(9)
Dmitrij Slepniov
28 Investment Attractiveness of Central and Eastern Europe for Western Multinational Firms in the Post-COVID-19 Era
339(10)
Arnold Schuh
29 Large Firms and COVID-19: Insights from Brazil
349(14)
Thomaz Wood Jr.
Jorge Carneiro
Maria Tereza Leme Fleury
PART V Conclusive
Chapter
363(15)
30 Disrupting Globalization: Prospects for States and Firms in International Business
365(13)
Svetla Marinova
Index 378
Marin A. Marinov is Professor of International Business at Aalborg University, Denmark.

Svetla T. Marinova is Professor of International Business and International Marketing at Aalborg University, Denmark.