New Types of Business Developed in the Pandemic
Journal: Annals of Spiru Haret University. Economic Series (Vol.21, No. 4)Publication Date: 2021-12-30
Authors : Raluca Ionela CRETOIU Anca UNGUREANU Adrian UNGUREANU Ana Maria MIHALI Silvia RAȘCU PISTOL;
Page : 461-474
Keywords : entrepreneurship; economy; opportunity; technology; digitalization; pandemic;
Abstract
The impact that COVID-19 had, especially on business, although it could not be anticipated, was a real challenge for entrepreneurs, from which they had to learn, and were determined to develop their creativity, coming up with solutions. and proposals for survival. The pandemic has opened up a number of opportunities for business owners to meet the ever-changing needs and demands of consumers. Opportunities are identified and exploited only by those entrepreneurs who think ahead, who eventually become successful entrepreneurs later. According to the United States Census Bureau, more than 4.4 million new businesses were created in the United States in 2020 - the largest number of new businesses recorded to date. The emergence of several types of business that developed in the pandemic was possible precisely due to digitalization and the evolution of technology
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