Xu, Lu, Xiong, Jie, Wang, Ke, Yang, Jie and Huang, Han (2021) The window of opportunity brought by the COVID-19 pandemic: an ill wind blows for digitalisation leapfrogging. Technology Analysis and Strategic Management . ISSN 0953-7325
We analyze how the COVID-19 pandemic crisis created the window of opportunity (WOP) in the digital industry and digital applications. These led to the leapfrogging of digital transformation in China. This was considered a major contribution to the pandemic recovery in early to mid-2020. By exploring this phenomenon, we examine alternatives for sustainable development during such turbulent circumstances mediating the destruction arisen from the crisis. We unveil the mechanisms that reveal the large-scale digitalization that emerged as part of the response to managing the crisis. We find that during this crisis in China, the WOPs from policy, technology and demand perspectives facilitated the leapfrogging of the digital transformation in numerous social and economic areas. More importantly, we also discover that the WOPs are unevenly distributed among firms, time, and locations. Based on these results, we put forth that the COVID19 pandemic brings a relative window of opportunity (RWOP) to society, impacting industries and
firms. However, these impacts are disproportionately distributed. To the best of our knowledge, this is one of the first studies to illustrate how a social crisis leads to WOPs enhancing digital transformation. Furthermore, this also ultimately provided a coping mechanism to deal with the pandemic.
Item Type: | Article (Published) |
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Refereed: | Yes |
Uncontrolled Keywords: | COVID-19, window of opportunity, leapfrogging, digital transformation, digitalization, China |
Subjects: | Business > Intellectual capital Business > Knowledge management |
DCU Faculties and Centres: | DCU Faculties and Schools > DCU Business School |
Publisher: | Routledge/Taylor & Francis |
Official URL: | https://www.tandfonline.com/doi/full/10.1080/09537... |
Copyright Information: | Authors |
ID Code: | 30844 |
Deposited On: | 31 Mar 2025 13:06 by Vidatum Academic . Last Modified 31 Mar 2025 13:06 |
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