Effects of SARS-CoV-2 measures on economic activity abroad - and on jobs in Germany

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Key facts

  • Disease

    COVID-19
  • Start & end year

    2020
    2022
  • Known Financial Commitments (USD)

    $53,818.75
  • Funder

    WWTF Austria
  • Principal Investigator

    Jonas Puck
  • Research Location

    Austria
  • Lead Research Institution

    WU Vienna
  • Research Priority Alignment

    N/A
  • Research Category

    Secondary impacts of disease, response & control measures

  • Research Subcategory

    Economic impacts

  • Special Interest Tags

    N/A

  • Study Type

    Non-Clinical

  • Clinical Trial Details

    N/A

  • Broad Policy Alignment

    Pending

  • Age Group

    Adults (18 and older)

  • Vulnerable Population

    Unspecified

  • Occupations of Interest

    Unspecified

Abstract

The SARS-CoV-2 pandemic and the measures to reduce infection rates pose challenges for most, if not all, companies in Vienna and Austria. Strategic research provides strong evidence that the perception and interpretation of a particular situation by decision-makers in companies (e.g. threat or opportunity; intensity of a threat or opportunity; time horizon) affects both the short-term and long-term corporate strategy as well as Internationalization processes has significant effects. Therefore, it is now being analyzed how the perception of the SARS-CoV-2 pandemic by decision-makers in companies (at different times in the next few weeks / months) influences the future national and international investment strategy of companies. The results will also be important for policy makers, as the results contain recommendations on how policy makers can communicate their actions in order to influence their perception in the economy in such a way that negative economic consequences are minimized. Because the majority of Austrian jobs are financed by doing business abroad, many jobs in Austria can be secured by stabilizing foreign business in particular. that negative economic consequences are minimized. Because the majority of Austrian jobs are financed by doing business abroad, many jobs in Austria can be secured by stabilizing foreign business in particular. that negative economic consequences are minimized. Because the majority of Austrian jobs are financed by doing business abroad, many jobs in Austria can be secured by stabilizing foreign business in particular.