Research Article
Development of Startups During the Covid-19 Pandemic
@INPROCEEDINGS{10.1007/978-3-031-15101-9_18, author={Jaroslav Hura and Samer Al-Rabeei and Peter Korba and Michal Hovanec and Simona Pjurov\^{a} and Ingrid Sekelov\^{a}}, title={Development of Startups During the Covid-19 Pandemic}, proceedings={Future Access Enablers for Ubiquitous and Intelligent Infrastructures. 6th EAI International Conference, FABULOUS 2022, Virtual Event, May 4, 2022, Proceedings}, proceedings_a={FABULOUS}, year={2022}, month={9}, keywords={Startup Startup subsectors Global startup economy}, doi={10.1007/978-3-031-15101-9_18} }- Jaroslav Hura
Samer Al-Rabeei
Peter Korba
Michal Hovanec
Simona Pjurová
Ingrid Sekelová
Year: 2022
Development of Startups During the Covid-19 Pandemic
FABULOUS
Springer
DOI: 10.1007/978-3-031-15101-9_18
Abstract
Currently, both domestic and global economies are facing a crisis associated with a new pandemic such as the coronavirus SARS CoV-2 (COVID-19). Economic leaders are addressing and looking for effective tools to deal with this crisis and start the economy as soon as possible, while mitigating the effects of the crisis as much as possible. In view of these facts, new startups in various sectors of the economy will play an important role in economic growth. At the same time, the world is facing another crisis - the oil crisis, which began with a price war between Russia and other oil-producing countries, followed by a decline in fuel demand due to reduced traffic. In this situation, in which the world economy finds itself, it is possible to assume that new technologies in the form of startups will be among the key ones in starting the economy. This article should highlight how startups can currently help the economy recover and what new risks the current crisis has brought to them. The start-up scene has long been characterized by a high degree of flexibility and the ability to adapt quickly to a new situation. The last year has been very challenging for many industries from a business perspective, e-commerce and the digital environment in general have often seen tens of percent growth. According to experts, startups, which operate in the mentioned segments, have also successfully dealt with the crisis.
