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To explore the impact of coronavirus disease 2019 (COVID-19) on small businesses, we conducted a survey of more than 5,800 small businesses between March 28 and April 4, 2020. Several themes emerged. First, mass layoffs and closures had already occurred - just a few weeks into the crisis. Second, the risk of closure was negatively associated with the expected length of the crisis. Moreover, businesses had widely varying beliefs about the likely duration of COVID-related disruptions. Third, many small businesses are financially fragile: The median business with more than $10,000 in monthly expenses had only about 2 weeks of cash on hand at the time of the survey. Fourth, the majority of businesses planned to seek funding through the Coronavirus Aid, Relief, and Economic Security (CARES) Act. However, many anticipated problems with accessing the program, such as bureaucratic hassles and difficulties establishing eligibility. Using experimental variation, we also assess take-up rates and business resilience effects for loans relative to grants-based programs.
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Future Business Journal volume 8 , Article number: 41 ( 2022 ) Cite this article
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Although there has been a burgeoning scholarly interest in the effects of COVID-19, the current stream of research remains scattered in different business and management fields and domains. Accordingly, integrative knowledge is needed to drive poignant and relevant examinations of the phenomenon. This study attempts to fill this gap by providing a synthesis of the literature, patterns of research studies, and direction for further development of the field. This study also provides a systematic identification and bibliometric and thematic review of literature, performance analysis, science mapping, and cluster analysis. The study additionally provides suggestions for future research to guide relevant discourse.
The term pandemic has been used to describe the widespread outbreak of disease through human-to-human infections [ 1 ]. Medical texts providing a clear definition of what constitutes a pandemic are non-existent. However, its geographic extent and infectiousness and severe negative impact on all aspects of society are clearly understood [ 2 ]. To this end, research has continued to understand the extent to which pandemics shape communities, economies and society as a whole [ 3 , 4 ]. The COVID-19 pandemic is no exception, with its catastrophic effects considered to be one of the worst in human history [ 5 ]. It is no surprise the plethora of studies seeking to understand the phenomena. The severity of the pandemic has paved the way for a rapidly escalating body of empirical literature analyzing the consequences of the COVID-19 pandemic on countries [ 6 , 7 ], firms [ 8 ], and households [ 9 , 10 ]. Some business and finance-related studies, for example, have focused on macro-economic indicators [ 11 ], policy alternatives and implementation [ 12 , 13 ], business responses and implications [ 4 , 14 ] as well as firm performance outcomes and failures [ 15 , 16 ].
The COVID-19 pandemic like all other global crises impacts on all aspects of life including business activities. Shocks caused by such events disrupt business operations across the globe and in extreme situations lead to business failure [ 17 , 18 ]. The influence of business activity on national and global economies has encouraged an increasing scholarly interest in understanding the extent to which firm performance has been impacted. Developing suitable and sustainable policy and strategy responses is the logical action and focus of all governments and scholars to help mitigate the negative effects of this pandemic. However, to develop such effective strategies, the extent and various ways in which firm activities and performance has been affected must first be examined. To this end, scholars have found that the COVID-19 pandemic has severely impacted the performance of the hospitality industry [ 19 ], supply chains [ 20 ], stocks of listed companies [ 21 , 22 ], SMEs and family firms [ 23 , 24 ].
Notwithstanding the vital contributions of these studies, the integral role of research is to detect and synthesize patterns, conditions and effects in business activity, to help ensure effective decision-making and policy development. Carracedo et al. [ 25 ] began this pattern detection by conducting a systematic literature review of relevant literature. Although, Carracedo et al.’s [ 25 ] study offers novel insights into the clusters of COVID-19 business-related studies, it hardly provides in-depth knowledge and practicable knowledge on the scope, relationships and gaps in literature. To this end, the present study advances knowledge by conducting a systematic literature review and bibliometric analysis of the relationship between COVID-19 and firm performance.
The contribution to the literature is threefold. First, based on the review a comprehensive baseline systematization on the impact of COVID -19 on firm performance was advanced to enhance the understanding of the impact of the pandemic on firm performance. In so doing, we also provide fruitful lines for future research and/or policy (see [ 26 ]). Second, synthesizing the rapidly evolving literature into a conceptual framework/clusters, the study provides academicians, industrial players, government agencies, and all other stakeholders a comprehensive overview and access to the central topics, trends and the implications of the research on the impact of the pandemic on firm performance. Furthermore, the review of the data provides an opportunity to offer a deeper insight to help control the impact of the pandemic on firm’s performance and the antecedent effects on households and economies.
The rest of the paper proceeds as follows. “ Method and initial statistics ” section discusses the method. “ Bibliometric analysis ” and “ Thematic/cluster analysis ” sections present an in-depth bibliometric and cluster/thematic analyses of the dataset, respectively. “ Directions for future research ” and “ Conclusion and limitations ” sections provide direction for future research and the conclusion, respectively.
The objective of this study is to construct a scientific map and further analyze the worth of knowledge produced by management experts who examine the impact of COVID-19 on firms’ performance. Following relevant literature (e.g., [ 27 , 28 ]) and best practices in the mapping of scientific knowledge, we conduct a bibliometrix analysis and a systematic review of the relevant literature. Specifically, we use the bibliometrix to construct scientific mapping to highlight the knowledge base, and its intellectual structure as well as both the conceptual and social network structures of Covid 19’s impact on performance extant literature (see [ 29 , 30 ]). By combining the two complementary approaches, we are able to paint a picture of the development of scientific knowledge on the impact of COVID-19 on firm performance using quantitative bibliometrix tools and also provide a comprehensive analysis of the themes/topics and contents by means of qualitative systematic review. These approaches are well established in management literature (see [ 27 , 31 ]).
To undertake this systematic and bibliometric analysis, articles discussing the influence of COVID-19 on firm performance were retrieved and analyzed. To ensure and maintain an unbiased and high-quality database and review, strict criteria were adhered to. These are described in the following steps:
Step 1 A literature search was conducted in Scopus Database. The aim is to ensure broader access to ranked management related, reputable and quality journals.
Step 2 The search was conducted with the search term: ("COVID-19" or "CoronaVirus") and ("value" or "performance" or “profitability”). Various search strings using multiple combinations of the search terms were used during the data collection process. These include ((covid-19 OR coronavirus) AND (value OR performance OR profitability)).
Step 3 The search focused on scholarly studies relating to the impact of COVID 19 on firms published from 2019 to 24 July, 2021. We consider papers published from 2019 to 2021 because COVID-19 emerged as a global health crisis in 2019 [ 9 ] and we finished our literature search in July 2021.
Step 4 These studies were limited to final articles published within Business & Management & Accounting, Social Science, Economics, Econometrics & Finance Journals. We omit books, Ph.D. Thesis, working papers, technical reports, conference proceedings. The stages and the tasks undertaken during the literature search are summarized in Table 1 .
An initial search produced 19,645 articles, excluding articles outside of the 2019–2021 range yielded 18,710. Of these 1571 were management and accounting related. Subsequently, review papers (70), conference papers (59), editorial (10), book chapters (14), note (27), book (7) and letters (4) leaving 1372 articles. Finally, 1355 English journal articles were retained for the bibliometric and thematic analyses. Subsequent steps in this study consisted of conducting a bibliometric and a thematic analysis of articles retained. The bibliometric analysis consists of a performance analysis of articles, authors and journals to identify relevant literature in the field. Next a scientific mapping of country production as well as a keyword analysis is conducted to highlight on the various research topics in the field. We use Biblioshiny and VOSViewer Software applications to perform the bibliometric analysis. Finally, the study conducts a detailed thematic analysis, by identifying and synthesizing studies within the four main research clusters.
Table 2 captures the description of the data collected for the bibliometric analysis and the SLR. As illustrated in the table, we identify 1355 scholarly articles, spread across 437 sources, with 73,478 references, 4407 authors keywords, 3538 authors, 0.383 article per author, and 2.85 co-authors per article. Our descriptive also shows 253 single authorships, while collaboration index is 3.03 (see Table 2 ). Our analysis shows the impact of Covid 19 on performance was first mentioned in the Management research literature in 2019 by Sterling and Merluzzi’s (2019) paper, highlighting that tryouts may rise due to Covid 19-related impacts on US Firms. Table 2 reports an astronomical rate of 31.7% for the 2-year period from 2020 to 2021, implying the ever-increasing literature on the impact of Covid 19 on performance.
The study examines the scientometric index measuring a journal’s impact by assessing the average number of article citations over the last two years. Table 3 shows the top ten most impactful journals in terms of the number of publications on impact of Covid-19 on performance research. It should be noted that the top ten journals published 215 out of 1355 articles, accounting for 15.9% of articles in our dataset. The results indicate that majority of these journals ranked three or two in Association of Business School Journal quality list. Overall, these multi-disciplinary outlets suggest the topic is attractive to all management scholars and research areas.
The study’s bibliometric analysis reveals the valuable insights to knowledge within management research in assessing the influences of COVID on business performance.
This section discusses the most impactful authors to the research domain. Table 4 displays the most impactful author on the basis of h-index, m-index, g-index and number of publications. We examine author’s impact by analyzing the number of academic benchmark performance indicators, namely citations, H-index, G-index, and M-index [ 32 , 33 , 34 ]. The H-index, viewed as an unbiased overview, for example, combines the number of papers and citations to assess author’s scientific contributions over time [ 35 ]. The H-index, however, overlooks the impactful but discriminatory author, implying it favors high-volume authors. Accordingly, we complement the H-index analysis with the G-index. G-index measures the highest rank such that the top G papers have, together, at least G 2 citations (see [ 35 ] for details).
Overall, the small number of publications from these prolific authors confirms the infancy stage of the research domain, thereby allowing different authors with diverse expertise in management research to contribute to the discourse on the impact of Covid-19 and performance from 2019 to present. The results indicate that Dmitry Ivanov is the most influential author with an H-index of 5 and a G-index of 6. All 6 articles authored or co-authored by him have received a total of 448 citations. This is followed by Vanessa Ratten with H and G-indexes of 5 and 6, respectively. She has authored and co-authored a total of 8 articles in the field, earning a total citation score of 64. Next, Andres Coca-Stefaniak, Sertan Kabadayi and Jungkeun Kim assume the third, fourth and fifth most impactful author, respectively, each with an H and G-index of 3. Generally, the H and G-indexes produce different rankings, the results show that the ranking remains the same except for the highest and second highest ranked authors, who interchange according to the index understudy.
Again, critics argue that both H-index and G-index ignore different career lengths [ 36 ]. Accordingly, we use the M-index (i.e., M-quotient), which is H-index divided by author’s active literary years to help provide a clearer view of author rankings in the research area. Ranking scholars according to the M-quotient, sees Junkeun Kim as the highest ranked author with an M-quotient/index of 3, Dmitry Ivanov and Vanessa Ratten are the second and third highest ranked authors. Other impactful authors, who have contributed immensely to the field and are ranked among the top 10 impactful scholars are summarized in Table 4 .
Biblioshiny was used to retrieve the author organization/affiliation and address information, after which all the authors were sorted in descending order. Table 5 displays the top 20 organizations publishing the most articles on Covid 19 and performance. University of Johannesburg in South Africa contributes most with 17 articles on Covid 19 and performance, followed by The Hong Kong Polytechnic University in Hong Kong . Table 4 shows that RATTEN V from the La Trobe University contributes most with 9 articles, and the affiliation appears as the Top 6 contributing organization. Surprisingly, most of the other influential authors do not have their organizations listed in Table 5 . For example, Ivanov D, Gupta S, Kim J, Kumar A, Li S, Li Z, Sharma A, Zhang J, emerge as the Top 2 to 5 contributing authors, respectively; however, their organizations do not appear in influential organizations in Table 5 . Likewise, the University of Johannesburg emerges as the Top 1 contributing institution with 17 publications but no author from this university is listed in Table 4 . Similar surprises exist at other universities such as the RMIT university , the University of Auckland and the Auckland University of Technology which appear in Table 5 but no author from those organizations appears in Table 4 . The results imply that the contributing authors have come diverse research backgrounds in different methodological and industrial settings. For instance, the 17 publications from the University of Johannesburg cover various industries such as fruit, food, manufacturing and food, and they employ differing methodologies including empirical analysis and case studies.
Being a global health issue that has induced economic and social upheaval worldwide, COVID-19 and its related performance impact has received global scholarly attention. The geographic distribution of research attention is shown in Fig. 1 . The United States of America has the highest concentration of COVID-19 and performance impact studies of 377 (22.93%) articles. The literature on performance impact of COVID-19 has received much attention in the United States because the country has encountered disproportionately elevated levels of economic fallout, infections and deaths [ 6 , 37 ]. For instance, WHO reports that compared to other countries, the USA has the highest infection and death rates of 99,085,620, and 2,377,656, respectively. The United Kingdom emerges as the second country with concentration of studies on the performance impact of COVID-19 contributing 286 (17.40%) of the articles. China, Australia and India contribute the third (11.50%), fourth (10.95%) and fifth (10.10%) positions, respectively. Also, the impact of Covid-19 is evaluated in the Indonesia, Italy, New Zealand, Spain and Portugal by other 446 empirical research articles, representing 27.14% of the top 10 geographic dispersion. Generally, the geographical distribution in Fig. 1 depicts that countries in North America (USA), Oceania, Europe and Asia have the highest interest in studies on the performance impact of COVID-19 as compared to those in South America, Africa and Antarctica (where the interest in the study area is scanty). However, literature shows the highly interrelated nature of the global economy today [ 38 ]. Besides, the multinational nature of business activities today, heightens the need to expand knowledge on performance impacts across all continents. Thus, more empirical analysis on the impact of Covid-19 on performance is needed in those regions seemingly underrepresented in scholarship but pivotal to global business and supply chain [ 39 , 40 ].
Geographic dispersion of publications on Covid-19 and performance
Next, we conduct a keyword analysis to identify popular research perspectives in the area. Table 6 contains the biblioshiny’s keyword analysis results of 4407 author keywords in the 1355 articles reviewed in the study. As expected, COVID-19 and several iterations of the virus, crisis, crisis management and resilience make up the top 8 keywords. “ Tourism” takes 9th place on the list, indicating the relevance of tourism to national and global economies and elucidating the extent to which the pandemic has influenced the valuable global industry [ 41 ]. Innovation and resilience have been frequently discussed in conjunction with COVID-19 and business research, highlighting inherent relations between innovation and resilience in the COVID-19-performance nexus [ 42 , 43 ]. Again, Finsterwalder and Kuppelwieser [ 44 ] and Golan et al. [ 39 ] highlight the need for resilience and for developing appropriate strategy for recovery following a disruptive event. “Crisis Management” and “Leadership” are similarly popular research foci owing to the significant roles crisis management and leadership play in mitigating crisis and lessening its adverse effects [ 45 , 46 ]. Other frequently used keywords include performance, entrepreneurship, stock market, and supply chain as they all relate to business management and the performance implications of the pandemic. Country-related keywords include India and China, which have both been epicenters of the pandemic at one point or another [ 47 ]. Lastly, Table 6 shows gender as a frequently used keyword as a result of the recorded differences in infection and fatality rate among men and women [ 48 ] as well as employment, equality and other sociological equality implications [ 49 ].
To further identify themes investigated in the management research and the impact of COVID -19 and Performance, given that the field is at its infancy, we used co-occurrence of keywords analysis based on keywords that occurred at least five times, resulting in 133 satisfying the threshold out of 4407 authors keywords. Figure 2 displays the network visualization diagram of VOSviewer highlighting seven common keywords, namely, COVID-19, pandemic, coronavirus, resilience, crisis, COVID-19 pandemic and crisis management. The size of nodes and thickness of line displayed in Fig. 2 verify these findings (see [ 50 ], p. 552 for further reading). The homogeneous nature of these keywords confirms the collective focus on business performance and economic impacts of the pandemic. Figure 2 also displays 7 clustered keywords for 132.
Network visualization diagram of authors keyword on Covid-19 and performance
In analyzing the 1355 articles, the study examined the citation measure of each article. Citation analysis is usually measured using two indexes: the global and local citations, whereas the former represents the citation of a given article by other articles within the entire academic database of articles, the latter indicates the citation score of a given article by other articles within the articles being assessed in this study [ 29 ].
Table 7 reports the top 10 cited articles, based on both local and global citation scores. The table shows that the most impactful article is “Predicting the impacts of epidemic outbreaks on global supply chains: a simulation-based analysis of the COVID-19/SARS-CoV2 case" —[ 51 ] . Ivanov [ 51 ] examines the global supply chain impacts of pandemic outbreak through simulation-based analysis, which was published in Transportation Research Part E: Logistics and Transportation Review. The study focuses on crucial management and performance issues affected during crisis such as risk management and resilience and thus sets the tone for the later empirical studies. The second most cited article is “ Risk perceptions of COVID-19 around the world ”—[ 52 ]. This article mapped and modeled the risk perception of COVID-19 around 10 countries (US, UK, Australia, Germany, Spain, Italy, Japan, South Korea, Mexico, and Sweden). It highlights the role strong predictive roles of various experiential, and socio-cultural values and factors. The next highest cited article is “ Tourism and COVID-19: Impacts and implications for advancing and resetting industry and research ”—[ 53 ]. The study critically evaluates tourism transformation and impacts of the pandemic through a literature review and sets the tone for resetting and advancing research frontiers.
Other impactful articles include “ Feverish stock price reactions to COVID-19 ”—[ 21 ], which provides evidence of the impacts of COVID-19 on stock returns across US industries. The next is “ Effects of COVID-19 on hotel marketing and management: a perspective article ”—[ 54 ] which discusses the effect of COVID-19 on hotel marketing and management by outlining relevant research agenda to foster knowledge development. The multidisciplinary nature of COVID-19 research is evidenced in the diverse perspective from which these studies have examined the effect of the pandemic. Table 2 summarizes the top 10 most impactful studies.
The top 10 cited articles on COVID-19 and performance are presented in Table 8 . The table indicates that the two most cited authors are Ivanov D and Wen J. who appear as the Top 2 and Top 18, respectively, in the authors with most publication list in Table 4 . Most of the other authors in the most cited author list also appear in the most productive author list and these results signify that most of the authors in the two lists are not only productive but they are also very influential.
We analyze the 1355 articles in our dataset, with a minimum threshold of 3 citations; the obtained set contains 29 cited references out of the 6724 total references as reported by VOSviewer. The five most connected references (Fig. 3 ) are: Fornell, C. and Larcker, D.F., 1981. Evaluating structural equation models with unobservable variables and measurement error. Journal of marketing research , 18 (1), pp. 39–50. Henseler, J., Ringle, C.M. and Sarstedt, M., 2015. A new criterion for assessing discriminant validity in variance-based structural equation modeling. Journal of the academy of marketing science , 43 (1), pp. 115–135. Podsakoff, P.M., MacKenzie, S.B., Lee, J.Y. and Podsakoff, N.P., 2003. Common method biases in behavioral research: a critical review of the literature and recommended remedies. Journal of applied psychology , 88 (5), p. 879. Sheth, J., 2020. Business of business is more than business: Managing during the Covid crisis. Industrial Marketing Management , 88 , pp. 261–264. Teece, D.J., Pisano, G. and Shuen, A., 1997. Dynamic capabilities and strategic management. Strategic management journal , 18 (7), pp. 509–533.
Network visualization of the largest connected sets of cited references
Figure 3 displays the network visualization of the largest connected sets of cited references. The papers with the highest coupling strengths are those by Henseler, J., Ringle, C.M. and Sarstedt, M., 2015 and Podsakoff, P.M., MacKenzie, S.B., Lee, J.Y. and Podsakoff, N.P., 2003. These papers are central because of their specific contribution to methodological issues in business management and accounting research. Henseler et al. [ 55 ] provide guidelines on how to handle discriminant validity issues in variance-based structural equation modeling, while Podsakoff et al. [ 56 ] provide recommendations for how to select appropriate procedural and statistical remedies for different types of research settings.
Out of the 2354 cited sources, 17 journal each received more than 20 citations. The top 5 journals with the highest numbers of citations are: Tourism Management (98), International Journal of Hospitality Management (66), Journal of Business Research (50), Annual of Research (38), and Journal of Travel Research (32) (Fig. 4 ). These numbers make it evident how much of the discussion of the impact of Covid-19 on performance is supported by papers published in Tourism Management. The analysis of the network visualization provides interesting considerations. It suggests the existence of four different clusters, regarding the managerial implications related to tourism, finance, marketing and hospitality management. The specific clusters on tourism and hospitality management is inevitable due to the impact of Covid-19 on this industry.
Network visualization of the largest connected sets of cited sources by journal
Out of the 9338 cited authors, only 52 had been cited more than 10 times, while only 9 authors were cited more than 20 times. The authors are: Hall C.M (38), Boccia, F (31), Narayan, P.K (31), Salisu, A.A (28), Glossling, S (25), Zhang y (25), Liu Y (22) and Sarstedt, M (20) from University of Canterbury, Parthenope University of Naples, Deakin University, University of Ibadan, Lund University, Harbin Institute of Technology, University of Illinois, Otto-von-Guericke University, respectively. Figure 5 shows network visualization of the author co-citation analysis. It also highlights that these authors are most connected as well as most cited. The network visualization displays the existence of five different clusters. The red, green, and blue clusters are characterized by a high degree of bibliographic coupling with 15–16 items each, while two clusters show 2 items each. The red, green, blue, yellow and violet clusters with the highest degree of bibliographic coupling contain Hall et al. [ 57 ], Zhang et al. [ 58 ], and Narayan et al. [ 59 ], respectively. These studies provide insights on the impacts of Covid-19 on the services sector and consumption displacement (Hall et al. 57 ), global financial markets (Zhang et al. 58 ) and economic stimulus (Narayan et al. 59 ) (Fig. 5 ).
Network visualization of the largest connected sets of cited sources by authors
Network visualization of the bibliographic coupling of articles
We use bibliographic coupling of the 1349 articles to understand the theoretical foundations of publications on Covid-19 and performance. The minimum number of two articles was analyzed, resulting in the most extensive set of connected documents of 418 publications (30.98% of the dataset). Figure 6 shows network visualization of the bibliographic coupling analysis by articles, highlighting two clusters with the largest set of connected articles of 8 publications (0.59% of the dataset) implying the absence of a consolidated Covid-19 on performance field of study. The red cluster is characterized by a high degree of bibliographic coupling with 5 publications (i.e., [ 60 , 61 , 62 , 63 ]) (Tavares et al. 64 ), while green cluster shows 3 publications (i.e., Asian et al. 65 ; Kells 66 ; Tavares et al. 67 ).
Network visualization of the bibliographic coupling of journals
To analyze the bibliographic coupling of journals, we set a minimum of two articles per journal (see [ 28 ]) (Ferreira 68 ), resulting in 226 (50.78% of the dataset) out of 445 journals (see Fig. 7 ). Figure 7 shows network visualization of the bibliographic coupling analysis by journals, highlighting seven clusters with the largest set of connected journals of 74, implying the absence of a consolidated Covid-19 on performance field of study. Figure 7 reveals that the five journals with the highest bibliographic coupling index are Research in International Business, Financial Innovation, Technological Forecasting and Social Change, Tourism Management, and Journal of Business Research. Figure 7 reveals the central role played by other journal in the various clusters including red (International Journal of Contemporary Hospitality Management and Journal of Public Budgeting, Accounting and Financial Management), violet (International Journal of Entrepreneurship Behavior and research), yellow (Corporate Governance-Bingley), green (Journal of Theoretical and Applied Electronic Research) and blue (International Journal of Emerging Markets). These show the field of the research on the impact of Covid 19 on financial and non-financial indicators is receiving attention from multi-disciplinary scholars of business management and accounting.
Cluster analysis of articles
Next, to provide a deeper synthesis and identify relevant patterns in performance-related COVID-19 research, the study conducts a thematic analysis as advocated by [ 69 ]. The study begins by conducting a cluster analysis of the reviewed studies and subsequently discusses the themes of these clusters in detail. The study conducts a cluster analysis of articles to identify relevant ideas, couplings or themes shaping research in COVID-19 influence on performance research. Using a co-citation cluster analysis with Biblioshiny in R, the study identifies three main clusters of research. These are illustrated in Fig. 8 .
Although identifying the main clusters of research in this domain is important, a deeper analysis of the identified themes or clusters will offer more critical insights to knowledge while guiding direction for future research. Thus, we discuss landmark publications within each thematic cluster and synthesize their key contributions to COVID-19 and performance literature. These publications are divided into three clusters contributing to different thematic areas within COVID-19 and performance literature, as identified in Fig. 3 . The landmark publications highlighted within the first cluster assess the COVID-19 pandemic situation from various foundational perspectives. Cluster two contains articles focused on the broad concepts of crisis management and strategic management. Cluster three includes landmark publications which capture the performance outcomes and strategies of COVID-19 on various businesses including sports, education, and global supply chain.
Cluster 1 is made up of several papers that assess the COVID-19 pandemic since its inception from various perspectives. These studies elaborate on the nature and implication of the pandemic on macro-economic management [ 70 ] hospitality and human rights to movement [ 71 ] as well as service ecosystems [ 44 , 72 ]. Studies in this cluster provide an elaborate assessment of the COVID-19 pandemic, as a crisis with catastrophic implications while highlighting the shortcomings of current crisis management strategies worldwide on a business and macro-economic level.
First, we consider the seminal paper [ 71 ] which attempts to assess the impact of COVID-19 on human rights to participate in hospitality and tourism, as a result of imposed travel restrictions. The study assesses the extent to which government responses to the pandemic influenced individual right to travel for leisure, business, education among others. These were evident in the closing of tourist sites, national borders, recalling of citizens to their primary residence as well as national restrictions on movement, thus confining people to their homes with little mobility to almost all service provision locations except those considered essential. In certain instances, these restrictions resulted in the inability of some tourists to return to their home countries as was experienced on several cruise ships in Europe, the Americas and Asia. These restrictions additionally, resulted in the loss of employment of numerous individuals. However, the study shows that although the pandemic and its resultant restrictions have imposed numerous challenges to tourism, individual, business and national economic growth, the closure of national borders has seen a reduction in human trafficking, child sex tourism as well as the reduction in environmental pollution and degradation through fossil fuel consumption among others. Lastly, speculating that the global hospitality and tourism industry will face a precarious future riddled with mass closures of small hospitality businesses, increasing operating and consumer costs, the study urges that scholars continue to seek answers to important questions overtime on reinstating hospitality and tourism in a post-COVID-19 world.
Following the broad picture by Baum and Hai [ 71 ], Kabadayi et al. [ 72 ] synthesized the macro-economic impact of COVID-19 while offering a framework for recognizing impacts of disruptions on service ecosystems. The study proposes the concept of service mega-disruptions (SMDs) to refer to the simultaneous multi-industry service disruptions caused by a pandemic. Defining the concept as an event caused by an unforeseen pandemic which affects multiple stakeholders and service ecosystems simultaneously and remains difficult to swiftly recover from, the study introduces a multi-level framework which may better arm service researchers and practitioners alike for future similar disruptions. The study uncovers five research themes relevant in the reducing the impact of service mega-disruptions. These include service ecosystem recovery, service agility and transformation, service technology and automation, remote service provision and finally service theory of social distancing. The study provides these holistic themes which encompass the micro- (individual and employee), meso- (service industries and public services) and macro-level (government actions and policies) perspectives of recovery measures.
Next, Finsterwalder and Kuppelwieser [ 44 ] explore the impact of crises such as COVID-19, on the service industry and its research community. By identifying and categorizing the micro-, meso- and macro-levels of service ecosystems, the study introduces a novel resource-challenges equilibrium (RCE) framework for pre-incident, incident, and post-incident phase strategies directed at building resource resilience. The study highlights the need for stronger resilience to create, facilitate and leverage on safe co-creation spheres with consumers, businesses, not-for-profit organizations as well as governmental institutions. The study highlights the need for co-creation spheres, while accentuating the need for relevant resource-challenge balance to ensure business profitability as well all overall ecosystem equilibrium.
Next, the study discusses the article Andrew et al. [ 70 ], which explores the constraints of the Australian government in responding to crises with relevant budgetary action. The study reviews literature on the COVID-19 crisis, as well as public budgeting responses to the health and economic effects of the crisis. The study identifies public budgeting as being neoliberal. This has been evident in the duo phased response strategy to COVID-19 within the Coronavirus Economic Response Package Omnibus Bill (2020) by initially stimulating businesses through the instant asset write-off scheme in the phase first, and individuals through unemployment benefits among others in the second phase. The study in its examinations seeks to offer insights and synthesis of knowledge relevant to other countries in managing and mitigating the fiscal consequences of the COVID-19 crisis. By discussing responses, outcomes and shortcomings the study provides an overview of neoliberalism influenced crisis responses for the objective assessment of multiple governmental responses available.
Lastly, Ivanov and Dolgui [ 73 ] assess the state of global supply chain in the wake of the COVID-19 crisis and provide a methodical taxonomy of supply chain disruptions caused by pandemics. The study highlights the ideas of ripple effects, structural dynamics and network resilience relevant in the COVID-19 supply chain disruption discourse. The study assesses the various ripple effects caused by the pandemic, such as the halting of production by Chrysler Automobiles NV and Hyundai as a result of the lack of parts supplied from China. The study focuses on disruption propagation throughout networks also known as ripple effects and resultant changes within supply chain structures (structural dynamics) from an operational research perspective. The study reviews relevant theories and methodologies to disruption research at network, process and control levels. By reviewing resilience in supply chain literature, the study advocates for the consideration of 5 stages in building resilience. These include anticipation, early detection, containment, control and mitigation and finally elimination. The study thus, provides relevant direction for future research while providing foundational discourse to drive this increasingly important domain of supply chain studies.
Baudier et al . [ 74 ] use survey method to extensively examine the adoption of telemedicine solutions by patients in several countries in Europe and Asia to help avoid the spread of the disease and alleviate the associated impacts of the pandemic, while ensuring a relatively uninterrupted healthcare service provision. The study argues that the development of ICTs, the individual’s adoption rate of devices (tablets, computer, smartphones), the technological advancements of telemedicine tools, and, recently, the worldwide pandemic (COVID-19) are the key drivers of the expansion of healthcare services. The empirical results based on some constructs of the Technology Acceptance Model, Availability, Personal traits, and Perceived Risks emphasize the huge influence of Performance Expectancy, the positive impact of Contamination Avoidance and the negative effect of Perceived Risk on the adoption of Teleconsultation Solutions. Brodie et al. [ 75 ] similarly review the healthcare system, while highlighting the need for a sustained value co-creation perspective for healthcare delivery with the help of integrative technologies. This, the study argued, helps to create stronger resilience through knowledge sharing, flexibility information and learning. These studies highlight the integral need and potential ecosystem resilience has in responding to and mitigating adversity and crisis during a pandemic.
The second cluster contains a number of articles which highlights the relevance of crisis and strategic management as well as communication, coordination and the media among firms. Kraus et al. [ 24 ] in a qualitative study of family firms in five western European countries, the study examined several strategic and crisis management measures used in adapting to the crisis. The study examined strategic crisis responses including retrenchment, persevering innovating and exit as discussed by Wenzel et al. [ 4 ]. Several firms included in the study begun changing or extending (innovating) their existing business models to take advantage of new consumer demands even though they may have lost a significant portion of their typical revenue streams. Others, however, continued to persevere by maintaining existing business models as a result of extensive investments in systems prior to the pandemic. The study highlighted various changes occurring among these firms. These include an increase solidarity and commitment among employees as well as a focus on increased digitalization. More prominently, although the study provided empirical evidence for and extended the strategic responses proffered by Wenzel et al. [ 4 ], results show that firms use a combination of various coping mechanisms for two main reasons: safeguarding liquidity and improving long-term survival and viability of the company. One strategic response is incapable of achieving both objectives, thus providing a basis for the combination of various strategic responses. The study however showed that, in the beginning stages of the pandemic no firm adopted exiting as a coping mechanism.
The tourism and hospitality industry has received the greatest brunt of the pandemic and as such continues to enjoy a burgeoning interest in performance, and management research. Although various studies have focused on the performance setbacks encountered by firms within this industry [ 76 ], Sigala [ 53 ] highlights the need to effective crisis management strategies. The study attempts to provide transformational remedies by unraveling all aspects of the industry including demand, supply, and other important stakeholders through three identified stages of responding, recovering and restarting. Giousmpasoglou et al. [ 77 ] extend this conversation by highlighting the relevance of managerial roles in effective crisis management. By ensuring that managers anticipate, equip and prepare their teams for crises by identifying, monitoring and mitigating potential vulnerabilities, firms within the hospitality industry will be better placed to manage crisis and reduce economic losses. By expanding this conversation to human resource management, Carnevale and Hatak [ 78 ] advocate for greater support to the workforce as they cope with altered work systems and environments and navigate changing work-family dynamics among others.
Again, we discuss studies in this cluster that highlight how countries and institutions deal with the impacts of the pandemic through communication and media. For example, Viola et al. [ 79 ] use survey data and the logit model to examine the effectiveness of institutional communication in mitigating COVID-19 impacts in Italy. The study also highlights the crucial roles of education, health literacy and the effect of asymmetric information on the effectiveness of institutional communication. The empirical results show that education plays a significant role in understanding communication pillars and building an individual consciousness about the pandemic and its associated impacts. Similarly, Machmud [ 80 ] by means of content analysis, assesses government officials’ communication and coordination intensity on twitter social media in dealing with the impacts of Covid-19 pandemic in Indonesia. The study documents that government officials are intensively building coordination and communication to overcome the performance impact of Covid-19 in Indonesia. The study further shows that the Indonesian President constantly communicates with the national COVID-19 team to ensure that all government agencies at both central and regional levels are actively mobilized and united. The study confirms coordination and communication strategic crisis management vehicles that enable public officials to jointly implement COVID-19 control policies quickly and accurately throughout Indonesia.
We also highlight studies that contribute to the theoretical development on the use of media by individuals to deal with the impacts of the pandemic. By adopting the theory of planned behavior (TPB), Mohammed and Ferraris [ 81 ] analyze the role of social media in reducing the effects of the pandemic by specifically looking at the factors that stimulate individual’s participation in social media during crises. The empirical method from the survey data shows that attitude, perceived behavioral control, subjective norm, hedonic, utilitarian values and trust affect Twitter users’ active participation significantly during the pandemic. The understanding of these driving factors could help enhance user participation, and information dissemination in the era of social distancing and lock-downs. In the same vein, Kim [ 82 ] employs survey data to examine the effect of video games on the psychological of individuals in the era of COVID-19. The study finds that video individual’s negative and positive emotional states while playing a video game increase one’s level of psychological well-being, which also results in loyalty toward the video game. The empirical findings also indicate that individuals’ positive and negative emotional states while playing a video game were obtained from the perceived emotional value of the virtual product, implying that people evaluate the game not only based on time, money and effort, but also based on enjoyment, positive feelings and pleasure from consuming the digital product. The psychological benefits derived will improve the level of positive emotions and reduce the levels of negative emotions while partaking in the recreational activity. The study advocates that video game companies should design more exciting games that offer fun and entertainment to consumers to help improve the psychological well-being of consumers during this crisis.
The last strand of studies in this cluster emphasizes the role of media in overcoming the performance impact of COVID-19 across industries. These studies highlight the significance of the media in enhancing performance of retail supply chains, tourism, and brand engagement (e.g., [ 83 , 84 , 85 ]. For example, Im et al. [ 84 ] develop two joint models with fixed-effects estimations to examine the relationships among the pandemic, online information search, social distancing, and firm performance in the tourism and hospitality industries. The first model explored the relationship among COVID-19, information search, social distancing and stock performance of tourism and hospitality companies. The results reveal that news coverage on COVID-19 significantly impacts information search and social distancing, and social distancing, in turn, exerts an impact on stock performance. The second analysis focused on the effect of the pandemic on hotel reviews through information search and social distancing for tourist attractions at the regional level. The results indicate that when looking at the geographical effect, news coverage and the number of confirmed cases both lead to variations in social distancing and information search for tourist attractions and these behavioral tendencies are influential in hotel selection. Thus, media coverage and the number of confirmed cases in the news significantly influence social distancing actions of consumers which in turn influences the stock performance of tourism and hospitality industries.
The final cluster contains a number of articles which discuss recorded or projected effects of COVID-19 on various business setups while offering specific remedies, and perspectives for sustained resilience and stronger performance. In Ivanov [ 51 ] the impact of COVID-19 on global supply chains is examined using a simulation-based methodology to predict and examine disruption effects on supply chain performance. This groundbreaking study sets the basis for later empirical studies on supply chains resilience and performance in pandemic era. The study primarily analyzes the manner in which simulation-based methodology can be adopted to examine and predict the effect of pandemic on global supply chain performance. The study highlights the need for firms to be resilient against the disruptions, risks and uncertainties caused by the COVID-19 as such epidemics start small but scale fast and spread across vast geographical expanses creating uncertainty and resulting in numerous unknown and usually adverse outcomes. The results of the simulation based on primary and secondary data offers possibility of predicting both long-term and short-term supply chains performance impact of pandemic in different scenarios. The study approach helps to identify the successful and wrong elements of risk preparedness/mitigation and recovery policies when pandemics erupt. The study results indicate that the timing of the opening and closing of facilities at different strata may become a key factor that determines the impact of epidemic outbreak on supply chain performance rather than the speed of epidemic spread or the duration of an upstream disruption. That is, in the event of pandemic propagation, supply chain performance and reaction depend largely on the timing and the scale of disruption propagation and the sequence of facility opening and closing at various supply chains strata.
Ratten [ 60 ] reviews literature on crisis and its effects on entrepreneurship. By focusing more intently on cultural, lifestyle and social changes experienced in society, the study examines how entrepreneurship has changed in the wake of COVID-19. The study highlights the need for stakeholders to be proactive during a crisis, as it presents both an opportunity and a threat. The study advocates for entrepreneurs to build a social movement by considering broader community needs in addition to their business needs. Additionally, the study highlights the need for a focus on societal trends as well as social changes as a way to surmount possible business setbacks as a result of COVID-19, while taking full advantage of new opportunities. By focusing on inter-organizational networks and collaboration, the study posits that entrepreneurs will begin to leverage and create new, relevant and sustainable innovations. Through appropriate information and resource sharing policy can ensure that entrepreneurs are equipped with relevant tools to rejuvenate troubled industries and grow related businesses.
Ratten [ 62 ] examines the extent to which COVID-19 has influenced sports entrepreneurship, creating the need for considering new business models and encouraging creativity. The study examines the intersection between crisis management and sport entrepreneurship and provides concrete paths to resilience, growth and performance success in dealing with COVID-19. The study examines the concept of sports entrepreneurship, and highlights the critical role technological innovation has played in the success of businesses in this domain. Although the health crisis caused by COVID-19 has resulted in the postponement and cancelation of various sports games including Euro 2020, and the Olympics among others, the study suggests that firms may rise above these setbacks with investments in capital and infrastructure to encourage greater customer and fan engagement as a way to be more entrepreneurially oriented.
Ratten [ 61 ] considers the extent to which COVID-19 has influenced educational entrepreneurship in its almost complete shift to online learning. The global education system was profoundly affected in areas of service, research and teaching. However, the study proffers that educational innovation and the leveraging of multifaceted and rich digital learning environments provides sustainable means through which education communities may cope with the devastating effects of COVID-19. By reimagining online teaching and learning experiences, possibly including artificial intelligence-related tools, and adopting a complimentary approach of innovation and empathy, education communities will begin to identify new revenue streams while strengthening existing ones.
Next, we discuss seminal studies that focus on how entities are responding to the impacts of the pandemic for survival and sustainability (e.g., [ 63 , 86 , 87 , 88 ]). Santos et al. [ 63 ] undertake a comparative study across nine countries to unravel the factors that affect COVID-19 infections and deaths across countries to sustain economies. The study specifically looks at socio-economic indicators and COVOD-19 testing, comparison of infection and death rates across countries and the impact of climate on infection rates across countries. The study finds a significant impact of climate change on COVID-19 infection rate. The results also indicate that socio-economic indicators such as security index, innovation, and GDP per capita are important for a country's sustainability, being imperative to respond to anxious moments such as what nations are living from the COVID-19 pandemic. Through content analysis, Hossain [ 89 ] investigates how the sharing economy (SE) is coping with the changing environment triggered by the Covid-19. The study examines SE sector from four main perspectives: service providers, SE firms, regulatory bodies, and service receivers (customers). The study also explores SE along the following themes: income reduction, anxiety, job loss, hygiene and safety, cancelation, overcoming strategy, and outcomes. The study results indicate the devastating impact of the pandemic on the performance of SE firms and service providers such as Airbnb, accommodation hosts, Uber, and their Uber drivers. Therefore, firms and service providers have adopted strategies to survive in business. The study indicates that because of the pandemic, accommodation hosts are looking at long-term tenants and focusing on domestic instead of foreign guests. This is mirrored by Airbnb strategy of beginning to focus more on long-term stays. These overcoming strategies significantly reduce the impact of the pandemic on SE performance.
Following the critical review of several relevant studies, this study seeks to categorize and highlight important gaps in literature as well as pertinent trends and foci which research may benefit from while offering practical knowledge and solutions for policy and practice. By structuring relevant gaps and research trends into unique categories, the study provides a means to decompose the broad research domain into vital and unique sub-domains, each warranting extensive and in-depth consideration. For instance, the cluster analysis reveals unexplored areas such as the use of digital technologies and big data to boost performance in the era of viral pandemic. For methodological gaps, the studies analyzed are limited in terms of collecting data at the early stages of the pandemic, hence, the need to consider longitudinal data to better understand the performance impact of pandemic. Another methodological gap is that most of the studies use case-study approach. For contextual gap, the cluster analysis shows lack of attention to supply chains reactions under different pandemic plans. The supply chain performance studies also omitted elements such as back-up suppliers, reserved capacities, regional sub-contracting and lead-time reservations, which could obscure managerial insight. The studies are also limited to upstream disruptions, which call for examination of pandemic disruption in downstream supply chains strata and the antecedent impact on forward and backward propagations of ripple effect.
To facilitate research in addressing the theoretical, contextual, and methodological gaps such as those highlighted, we implement a four-step approach to discern future research agenda by adopting content and bibliometric analyses (Bahoo, 89 ). First, we reviewed 50 top-cited articles that make a citation map. Second, we reviewed all the influential and trending articles during the last 6 months (January to July 2021). Third, we reviewed the remaining articles in our sample to circumvent top citation bias. Fourth, we transformed the possible research agenda into research questions and excluded those questions already investigated by researchers. This systematic process produced the 20 future research questions listed in Table 9 . Through an in-depth qualitative and quantitative review, we recommend a need to establish an appropriate pandemic response framework to help businesses, governments and policy makers to maintain resilience besides maintaining public health safety during such crises.
The study provided an integrative review to map out the COVID-19 performance discourse. The study adopts a systematic approach to identifying relevant literature used in this review. The study performs a performance analysis to identify seminal studies, impactful authors and high-ranking journals and affiliations. Additionally, the study provides a geographical science mapping of research attention. To guide future research direction, the study conducts a keyword analysis and cluster analysis to identify relevant research themes.
Although the study makes relevant contribution to knowledge, and highlights impactful scholars in the field, the list of impactful scholars provided in this article is far from exhaustive. Additionally, the study adopts a combination of the H, G and M indexes as these indices provide some idea of the impact of authors, it must be noted that such analyses are not without fault. As such, future studies may adopt a wider combination of robust indices in assessing performance factors of authors, articles and journals. The research on the impact of covid-19 on firm performance is now developing so the review in this study focused on all firms. Thus, future reviews may look at how the pandemic affects performance of specific firms and/or sectors since different firms may have different growth objectives, which could influence the impact of COVID-19 on these firms.
The data that support the findings of this study are available on request from the corresponding author.
Coronavirus disease
United States of America
United Kingdom
Service mega-disruptions
Resource-challenges equilibrium
Information and communication technology
Sharing economy
Gross domestic product
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The COVID-19 pandemic has resulted in unprecedented research worldwide. The impact on research in progress at the time of the pandemic, the importance and challenges of real-time pandemic research, and the importance of a pediatrician-scientist workforce are all highlighted by this epic pandemic. As we navigate through and beyond this pandemic, which will have a long-lasting impact on our world, including research and the biomedical research enterprise, it is important to recognize and address opportunities and strategies for, and challenges of research and strengthening the pediatrician-scientist workforce.
The first cases of what is now recognized as SARS-CoV-2 infection, termed COVID-19, were reported in Wuhan, China in December 2019 as cases of fatal pneumonia. By February 26, 2020, COVID-19 had been reported on all continents except Antarctica. As of May 4, 2020, 3.53 million cases and 248,169 deaths have been reported from 210 countries. 1
The impact on research in progress prior to COVID-19 was rapid, dramatic, and no doubt will be long term. The pandemic curtailed most academic, industry, and government basic science and clinical research, or redirected research to COVID-19. Most clinical trials, except those testing life-saving therapies, have been paused, and most continuing trials are now closed to new enrollment. Ongoing clinical trials have been modified to enable home administration of treatment and virtual monitoring to minimize participant risk of COVID-19 infection, and to avoid diverting healthcare resources from pandemic response. In addition to short- and long-term patient impact, these research disruptions threaten the careers of physician-scientists, many of whom have had to shift efforts from research to patient care. To protect research in progress, as well as physician-scientist careers and the research workforce, ongoing support is critical. NIH ( https://grants.nih.gov/policy/natural-disasters/corona-virus.htm ), PCORI ( https://www.pcori.org/funding-opportunities/applicant-and-awardee-faqs-related-covid-19 ), and other funders acted swiftly to provide guidance on proposal submission and award management, and implement allowances that enable grant personnel to be paid and time lines to be relaxed. Research institutions have also implemented strategies to mitigate the long-term impact of research disruptions. Support throughout and beyond the pandemic to retain currently well-trained research personnel and research support teams, and to accommodate loss of research assets, including laboratory supplies and study participants, will be required to complete disrupted research and ultimately enable new research.
In the long term, it is likely that the pandemic will force reallocation of research dollars at the expense of research areas funded prior to the pandemic. It will be more important than ever for the pediatric research community to engage in discussion and decisions regarding prioritization of funding goals for dedicated pediatric research and meaningful inclusion of children in studies. The recently released 2020 National Institute of Child Health and Development (NICHD) strategic plan that engaged stakeholders, including scientists and patients, to shape the goals of the Institute, will require modification to best chart a path toward restoring normalcy within pediatric science.
This global pandemic once again highlights the importance of research, stable research infrastructure, and funding for public health emergency (PHE)/disaster preparedness, response, and resiliency. The stakes in this worldwide pandemic have never been higher as lives are lost, economies falter, and life has radically changed. Ultimate COVID-19 mitigation and crisis resolution is dependent on high-quality research aligned with top priority societal goals that yields trustworthy data and actionable information. While the highest priority goals are treatment and prevention, biomedical research also provides data critical to manage and restore economic and social welfare.
Scientific and technological knowledge and resources have never been greater and have been leveraged globally to perform COVID-19 research at warp speed. The number of studies related to COVID-19 increases daily, the scope and magnitude of engagement is stunning, and the extent of global collaboration unprecedented. On January 5, 2020, just weeks after the first cases of illness were reported, the genetic sequence, which identified the pathogen as a novel coronavirus, SARS-CoV-2, was released, providing information essential for identifying and developing treatments, vaccines, and diagnostics. As of May 3, 2020 1133 COVID-19 studies, including 148 related to hydroxychloroquine, 13 to remdesivir, 50 to vaccines, and 100 to diagnostic testing, were registered on ClinicalTrials.gov, and 980 different studies on the World Health Organization’s International Clinical Trials Registry Platform (WHO ICTRP), made possible, at least in part, by use of data libraries to inform development of antivirals, immunomodulators, antibody-based biologics, and vaccines. On April 7, 2020, the FDA launched the Coronavirus Treatment Acceleration Program (CTAP) ( https://www.fda.gov/drugs/coronavirus-covid-19-drugs/coronavirus-treatment-acceleration-program-ctap ). On April 17, 2020, NIH announced a partnership with industry to expedite vaccine development ( https://www.nih.gov/news-events/news-releases/nih-launch-public-private-partnership-speed-covid-19-vaccine-treatment-options ). As of May 1, 2020, remdesivir (Gilead), granted FDA emergency use authorization, is the only approved therapeutic for COVID-19. 2
The pandemic has intensified research challenges. In a rush for data already thousands of manuscripts, news reports, and blogs have been published, but to date, there is limited scientifically robust data. Some studies do not meet published clinical trial standards, which now include FDA’s COVID-19-specific standards, 3 , 4 , 5 and/or are published without peer review. Misinformation from studies diverts resources from development and testing of more promising therapeutic candidates and has endangered lives. Ibuprofen, initially reported as unsafe for patients with COVID-19, resulted in a shortage of acetaminophen, endangering individuals for whom ibuprofen is contraindicated. Hydroxychloroquine initially reported as potentially effective for treatment of COVID-19 resulted in shortages for patients with autoimmune diseases. Remdesivir, in rigorous trials, showed decrease in duration of COVID-19, with greater effect given early. 6 Given the limited availability and safety data, the use outside clinical trials is currently approved only for severe disease. Vaccines typically take 10–15 years to develop. As of May 3, 2020, of nearly 100 vaccines in development, 8 are in trial. Several vaccines are projected to have emergency approval within 12–18 months, possibly as early as the end of the year, 7 still an eternity for this pandemic, yet too soon for long-term effectiveness and safety data. Antibody testing, necessary for diagnosis, therapeutics, and vaccine testing, has presented some of the greatest research challenges, including validation, timing, availability and prioritization of testing, interpretation of test results, and appropriate patient and societal actions based on results. 8 Relaxing physical distancing without data regarding test validity, duration, and strength of immunity to different strains of COVID-19 could have catastrophic results. Understanding population differences and disparities, which have been further exposed during this pandemic, is critical for response and long-term pandemic recovery. The “Equitable Data Collection and Disclosure on COVID-19 Act” calls for the CDC (Centers for Disease Control and Prevention) and other HHS (United States Department of Health & Human Services) agencies to publicly release racial and demographic information ( https://bass.house.gov/sites/bass.house.gov/files/Equitable%20Data%20Collection%20and%20Dislosure%20on%20COVID19%20Act_FINAL.pdf )
Trusted sources of up-to-date, easily accessible information must be identified (e.g., WHO https://www.who.int/emergencies/diseases/novel-coronavirus-2019/global-research-on-novel-coronavirus-2019-ncov , CDC https://www.cdc.gov/coronavirus/2019-nCoV/hcp/index.html , and for children AAP (American Academy of Pediatrics) https://www.aappublications.org/cc/covid-19 ) and should comment on quality of data and provide strategies and crisis standards to guide clinical practice.
Long-term, lessons learned from research during this pandemic could benefit the research enterprise worldwide beyond the pandemic and during other PHE/disasters with strategies for balancing multiple novel approaches and high-quality, time-efficient, cost-effective research. This challenge, at least in part, can be met by appropriate study design, collaboration, patient registries, automated data collection, artificial intelligence, data sharing, and ongoing consideration of appropriate regulatory approval processes. In addition, research to develop and evaluate innovative strategies and technologies to improve access to care, management of health and disease, and quality, safety, and cost effectiveness of care could revolutionize healthcare and healthcare systems. During PHE/disasters, crisis standards for research should be considered along with ongoing and just-in-time PHE/disaster training for researchers willing to share information that could be leveraged at time of crisis. A dedicated funded core workforce of PHE/disaster researchers and funded infrastructure should be considered, potentially as a consortium of networks, that includes physician-scientists, basic scientists, social scientists, mental health providers, global health experts, epidemiologists, public health experts, engineers, information technology experts, economists and educators to strategize, consult, review, monitor, interpret studies, guide appropriate clinical use of data, and inform decisions regarding effective use of resources for PHE/disaster research.
As reported by the CDC, from February 12 to April 2, 2020, of 149,760 cases of confirmed COVID-19 in the United States, 2572 (1.7%) were children aged <18 years, similar to published rates in China. 9 Severe illness has been rare. Of 749 children for whom hospitalization data is available, 147 (20%) required hospitalization (5.7% of total children), and 15 of 147 required ICU care (2.0%, 0.58% of total). Of the 95 children aged <1 year, 59 (62%) were hospitalized, and 5 (5.3%) required ICU admission. Among children there were three deaths. Despite children being relatively spared by COVID-19, spread of disease by children, and consequences for their health and pediatric healthcare are potentially profound with immediate and long-term impact on all of society.
We have long been aware of the importance and value of pediatric research on children, and society. COVID-19 is no exception and highlights the imperative need for a pediatrician-scientist workforce. Understanding differences in epidemiology, susceptibility, manifestations, and treatment of COVID-19 in children can provide insights into this pathogen, pathogen–host interactions, pathophysiology, and host response for the entire population. Pediatric clinical registries of COVID-infected, COVID-exposed children can provide data and specimens for immediate and long-term research. Of the 1133 COVID-19 studies on ClinicalTrials.gov, 202 include children aged ≤17 years. Sixty-one of the 681 interventional trials include children. With less diagnostic testing and less pediatric research, we not only endanger children, but also adults by not identifying infected children and limiting spread by children.
Pediatric considerations and challenges related to treatment and vaccine research for COVID-19 include appropriate dosing, pediatric formulation, and pediatric specific short- and long-term effectiveness and safety. Typically, initial clinical trials exclude children until safety has been established in adults. But with time of the essence, deferring pediatric research risks the health of children, particularly those with special needs. Considerations specific to pregnant women, fetuses, and neonates must also be addressed. Childhood mental health in this demographic, already struggling with a mental health pandemic prior to COVID-19, is now further challenged by social disruption, food and housing insecurity, loss of loved ones, isolation from friends and family, and exposure to an infodemic of pandemic-related information. Interestingly, at present mental health visits along with all visits to pediatric emergency departments across the United States are dramatically decreased. Understanding factors that mitigate and worsen psychiatric symptoms should be a focus of research, and ideally will result in strategies for prevention and management in the long term, including beyond this pandemic. Social well-being of children must also be studied. Experts note that the pandemic is a perfect storm for child maltreatment given that vulnerable families are now socially isolated, facing unemployment, and stressed, and that children are not under the watch of mandated reporters in schools, daycare, and primary care. 10 Many states have observed a decrease in child abuse reports and an increase in severity of emergency department abuse cases. In the short term and long term, it will be important to study the impact of access to care, missed care, and disrupted education during COVID-19 on physical and cognitive development.
Training and supporting pediatrician-scientists, such as through NIH physician-scientist research training and career development programs ( https://researchtraining.nih.gov/infographics/physician-scientist ) at all stages of career, as well as fostering research for fellows, residents, and medical students willing to dedicate their research career to, or at least understand implications of their research for, PHE/disasters is important for having an ongoing, as well as a just-in-time surge pediatric-focused PHE/disaster workforce. In addition to including pediatric experts in collaborations and consortiums with broader population focus, consideration should be given to pediatric-focused multi-institutional, academic, industry, and/or government consortiums with infrastructure and ongoing funding for virtual training programs, research teams, and multidisciplinary oversight.
The impact of the COVID-19 pandemic on research and research in response to the pandemic once again highlights the importance of research, challenges of research particularly during PHE/disasters, and opportunities and resources for making research more efficient and cost effective. New paradigms and models for research will hopefully emerge from this pandemic. The importance of building sustained PHE/disaster research infrastructure and a research workforce that includes training and funding for pediatrician-scientists and integrates the pediatrician research workforce into high-quality research across demographics, supports the pediatrician-scientist workforce and pipeline, and benefits society.
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Debra L. Weiner
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Vivek Balasubramaniam
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Shetal I. Shah
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All authors made substantial contributions to conception and design, data acquisition and interpretation, drafting the manuscript, and providing critical revisions. All authors approve this final version of the manuscript.
Scott C. Denne, MD, Chair, Pediatric Policy Council; Mona Patel, MD, Representative to the PPC from the Academic Pediatric Association; Jean L. Raphael, MD, MPH, Representative to the PPC from the Academic Pediatric Association; Jonathan Davis, MD, Representative to the PPC from the American Pediatric Society; DeWayne Pursley, MD, MPH, Representative to the PPC from the American Pediatric Society; Tina Cheng, MD, MPH, Representative to the PPC from the Association of Medical School Pediatric Department Chairs; Michael Artman, MD, Representative to the PPC from the Association of Medical School Pediatric Department Chairs; Shetal Shah, MD, Representative to the PPC from the Society for Pediatric Research; Joyce Javier, MD, MPH, MS, Representative to the PPC from the Society for Pediatric Research.
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Weiner, D.L., Balasubramaniam, V., Shah, S.I. et al. COVID-19 impact on research, lessons learned from COVID-19 research, implications for pediatric research. Pediatr Res 88 , 148–150 (2020). https://doi.org/10.1038/s41390-020-1006-3
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Source | No. of Papers | Scimago Ranking |
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Sustainability (Switzerland) | 10 | Q1–Q2 |
International Journal of Logistics Management | 6 | Q1 |
Journal of Global Operations and Strategic Sourcing | 5 | Q2 |
Agricultural Systems | 5 | Q1 |
Benchmarking | 4 | Q1 |
International Journal of Production Research | 3 | Q1 |
Research Method | No. of Papers |
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ANOVA | 2 |
Contingency analysis and frequency analysis | 1 |
Cronbach’s alpha | 1 |
Descriptive statistics | 8 |
Econometric | 1 |
Hypothesis test | 5 |
Keyword analysis | 1 |
Logistic regression—R software | 1 |
Partial Least Square (PLS) | 1 |
PLS-SEM | 11 |
Random forest regression | 1 |
Regression | 3 |
SEM | 9 |
Descriptive statistics, bias and common method variance test, multiple regression analysis and mediation test | 1 |
Analysis with SPSS and Nvivo | 1 |
Best Worst Method | 1 |
Decision-Making Trial and Evaluation Laboratory (DEMATEL) | 1 |
DEMATEL—Maximum mean de-entropy (MMDE) | 1 |
Fuzzy | 10 |
ISM | 1 |
ISM-Bayesian network (BN) | 1 |
ISM-Cross-Impact Matrix Multiplication Applied to Classification (MICMAC) | 1 |
Multi-Attribute Decision Making (MADM) | 1 |
Multi-Attribute Utility Theory (MAUT) | 1 |
Multi-Criteria Decision Methods (MCDM) | 6 |
SWOT analysis | 2 |
Total Interpretive Structural Modelling (TISM) + MICMAC analysis | 1 |
Case study | 7 |
Framework and case study | 1 |
Product design changes (PDC)—domain modelling | 1 |
Qualitative | 5 |
ABC analysis | 2 |
Poisson pseudo-maximum likelihood (PPML) | 1 |
Method of stochastic factor economic–mathematical analysis | 1 |
Discrete Event Simulation (DES) | 1 |
System dynamics approach | 1 |
Multi-period simulation | 1 |
Industrial Sector | No. of Papers |
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Logistics | 13 |
Manufacturing | 4 |
Food | 4 |
Automotive | 3 |
Agri-food | 3 |
Industrial Sector | No. of Papers |
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Logistics | 10 |
Food | 7 |
Agri-food | 6 |
Manufacturing | 6 |
Healthcare | 2 |
Electronic | 2 |
Industrial Sector | No. of Papers |
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Logistics | 9 |
Food | 3 |
Agri-food | 3 |
Manufacturing | 2 |
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Monferdini, L.; Bottani, E. Examining the Response to COVID-19 in Logistics and Supply Chain Processes: Insights from a State-of-the-Art Literature Review and Case Study Analysis. Appl. Sci. 2024 , 14 , 5317. https://doi.org/10.3390/app14125317
Monferdini L, Bottani E. Examining the Response to COVID-19 in Logistics and Supply Chain Processes: Insights from a State-of-the-Art Literature Review and Case Study Analysis. Applied Sciences . 2024; 14(12):5317. https://doi.org/10.3390/app14125317
Monferdini, Laura, and Eleonora Bottani. 2024. "Examining the Response to COVID-19 in Logistics and Supply Chain Processes: Insights from a State-of-the-Art Literature Review and Case Study Analysis" Applied Sciences 14, no. 12: 5317. https://doi.org/10.3390/app14125317
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The COVID-19 pandemic disrupted labor markets globally during 2020. The short-term consequences were sudden and often severe: Millions of people were furloughed or lost jobs, and others rapidly adjusted to working from home as offices closed. Many other workers were deemed essential and continued to work in hospitals and grocery stores, on garbage trucks and in warehouses, yet under new protocols to reduce the spread of the novel coronavirus.
This report on the future of work after COVID-19 is the first of three MGI reports that examine aspects of the postpandemic economy. The others look at the pandemic’s long-term influence on consumption and the potential for a broad recovery led by enhanced productivity and innovation. Here, we assess the lasting impact of the pandemic on labor demand, the mix of occupations, and the workforce skills required in eight countries with diverse economic and labor market models: China, France, Germany, India, Japan, Spain, the United Kingdom, and the United States. Together, these eight countries account for almost half the global population and 62 percent of GDP.
Before COVID-19, the largest disruptions to work involved new technologies and growing trade links. COVID-19 has, for the first time, elevated the importance of the physical dimension of work. In this research, we develop a novel way to quantify the proximity required in more than 800 occupations by grouping them into ten work arenas according to their proximity to coworkers and customers, the number of interpersonal interactions involved, and their on-site and indoor nature.
This offers a different view of work than traditional sector definitions. For instance, our medical care arena includes only caregiving roles requiring close interaction with patients, such as doctors and nurses. Hospital and medical office administrative staff fall into the computer-based office work arena, where more work can be done remotely. Lab technicians and pharmacists work in the indoor production work arena because those jobs require use of specialized equipment on-site but have little exposure to other people (Exhibit 1).
We find that jobs in work arenas with higher levels of physical proximity are likely to see greater transformation after the pandemic, triggering knock-on effects in other work arenas as business models shift in response.
The short- and potential long-term disruptions to these arenas from COVID-19 vary. During the pandemic, the virus most severely disturbed arenas with the highest overall physical proximity scores: medical care, personal care, on-site customer service, and leisure and travel. In the longer term, work arenas with higher physical proximity scores are also likely to be more unsettled, although proximity is not the only explanation. For example:
The pandemic pushed companies and consumers to rapidly adopt new behaviors that are likely to stick, changing the trajectory of three groups of trends. We consequently see sharp discontinuity between their impact on labor markets before and after the pandemic.
Perhaps the most obvious impact of COVID-19 on the labor force is the dramatic increase in employees working remotely. To determine how extensively remote work might persist after the pandemic, we analyzed its potential across more than 2,000 tasks used in some 800 occupations in the eight focus countries. Considering only remote work that can be done without a loss of productivity, we find that about 20 to 25 percent of the workforces in advanced economies could work from home between three and five days a week. This represents four to five times more remote work than before the pandemic and could prompt a large change in the geography of work, as individuals and companies shift out of large cities into suburbs and small cities. We found that some work that technically can be done remotely is best done in person. Negotiations, critical business decisions, brainstorming sessions, providing sensitive feedback, and onboarding new employees are examples of activities that may lose some effectiveness when done remotely.
Some companies are already planning to shift to flexible workspaces after positive experiences with remote work during the pandemic, a move that will reduce the overall space they need and bring fewer workers into offices each day. A survey of 278 executives by McKinsey in August 2020 found that on average, they planned to reduce office space by 30 percent. Demand for restaurants and retail in downtown areas and for public transportation may decline as a result.
Remote work may also put a dent in business travel as its extensive use of videoconferencing during the pandemic has ushered in a new acceptance of virtual meetings and other aspects of work. While leisure travel and tourism are likely to rebound after the crisis, McKinsey’s travel practice estimates that about 20 percent of business travel, the most lucrative segment for airlines, may not return. This would have significant knock-on effects on employment in commercial aerospace, airports, hospitality, and food service. E-commerce and other virtual transactions are booming.
Many consumers discovered the convenience of e-commerce and other online activities during the pandemic. In 2020, the share of e-commerce grew at two to five times the rate before COVID-19 (Exhibit 2). Roughly three-quarters of people using digital channels for the first time during the pandemic say they will continue using them when things return to “normal,” according to McKinsey Consumer Pulse surveys conducted around the world.
Other kinds of virtual transactions such as telemedicine, online banking, and streaming entertainment have also taken off. Online doctor consultations through Practo, a telehealth company in India, grew more than tenfold between April and November 2020 . These virtual practices may decline somewhat as economies reopen but are likely to continue well above levels seen before the pandemic.
This shift to digital transactions has propelled growth in delivery, transportation, and warehouse jobs. In China, e-commerce, delivery, and social media jobs grew by more than 5.1 million during the first half of 2020.
Two ways businesses historically have controlled cost and mitigated uncertainty during recessions are by adopting automation and redesigning work processes, which reduce the share of jobs involving mainly routine tasks. In our global survey of 800 senior executives in July 2020, two-thirds said they were stepping up investment in automation and AI either somewhat or significantly. Production figures for robotics in China exceeded prepandemic levels by June 2020.
Many companies deployed automation and AI in warehouses, grocery stores, call centers, and manufacturing plants to reduce workplace density and cope with surges in demand. The common feature of these automation use cases is their correlation with high scores on physical proximity, and our research finds the work arenas with high levels of human interaction are likely to see the greatest acceleration in adoption of automation and AI.
The trends accelerated by COVID-19 may spur greater changes in the mix of jobs within economies than we estimated before the pandemic.
We find that a markedly different mix of occupations may emerge after the pandemic across the eight economies. Compared to our pre-COVID-19 estimates, we expect the largest negative impact of the pandemic to fall on workers in food service and customer sales and service roles, as well as less-skilled office support roles. Jobs in warehousing and transportation may increase as a result of the growth in e-commerce and the delivery economy, but those increases are unlikely to offset the disruption of many low-wage jobs. In the United States, for instance, customer service and food service jobs could fall by 4.3 million, while transportation jobs could grow by nearly 800,000. Demand for workers in the healthcare and STEM occupations may grow more than before the pandemic, reflecting increased attention to health as populations age and incomes rise as well as the growing need for people who can create, deploy, and maintain new technologies (Exhibit 3).
Before the pandemic, net job losses were concentrated in middle-wage occupations in manufacturing and some office work, reflecting automation, and low- and high-wage jobs continued to grow. Nearly all low-wage workers who lost jobs could move into other low-wage occupations—for instance, a data entry worker could move into retail or home healthcare. Because of the pandemic’s impact on low-wage jobs, we now estimate that almost all growth in labor demand will occur in high-wage jobs. Going forward, more than half of displaced low-wage workers may need to shift to occupations in higher wage brackets and requiring different skills to remain employed.
Given the expected concentration of job growth in high-wage occupations and declines in low-wage occupations, the scale and nature of workforce transitions required in the years ahead will be challenging, according to our research. Across the eight focus countries, more than 100 million workers, or 1 in 16, will need to find a different occupation by 2030 in our post-COVID-19 scenario, as shown in Exhibit 4. This is 12 percent more than we estimated before the pandemic, and up to 25 percent more in advanced economies (Exhibit 4).
Before the pandemic, we estimated that just 6 percent of workers would need to find jobs in higher wage occupations. In our post-COVID-19 research, we find not only that a larger share of workers will likely need to transition out of the bottom two wage brackets but also that roughly half of them overall will need new, more advanced skills to move to occupations one or even two wage brackets higher.
The skill mix required among workers who need to shift occupations has changed. The share of time German workers spend using basic cognitive skills, for example, may shrink by 3.4 percentage points, while time spend using social and emotional skills will increase by 3.2 percentage points. In India, the share of total work hours expended using physical and manual skills will decline by 2.2 percentage points, while time devoted to technological skills will rise 3.3 percentage points. Workers in occupations in the lowest wage bracket use basic cognitive skills and physical and manual skills 68 percent of the time, while in the middle wage bracket, use of these skills occupies 48 percent of time spent. In the highest two brackets, those skills account for less than 20 percent of time spent. The most disadvantaged workers may have the biggest job transitions ahead, in part because of their disproportionate employment in the arenas most affected by COVID-19. In Europe and the United States, workers with less than a college degree, members of ethnic minority groups, and women are more likely to need to change occupations after COVID-19 than before. In the United States, people without a college degree are 1.3 times more likely to need to make transitions compared to those with a college degree, and Black and Hispanic workers are 1.1 times more likely to have to transition between occupations than white workers. In France, Germany, and Spain, the increase in job transitions required due to trends influenced by COVID-19 is 3.9 times higher for women than for men. Similarly, the need for occupational changes will hit younger workers more than older workers, and individuals not born in the European Union more than native-born workers.
The scale of workforce transitions set off by COVID-19’s influence on labor trends increases the urgency for businesses and policymakers to take steps to support additional training and education programs for workers. Companies and governments exhibited extraordinary flexibility and adaptability in responding to the pandemic with purpose and innovation that they might also harness to retool the workforce in ways that point to a brighter future of work.
Businesses can start with a granular analysis of what work can be done remotely by focusing on the tasks involved rather than whole jobs. They can also play a larger role in retraining workers, as Walmart, Amazon, and IBM have done. Others have facilitated occupational shifts by focusing on the skills they need, rather than on academic degrees. Remote work also offers companies the opportunity to enrich their diversity by tapping workers who, for family and other reasons, were unable to relocate to the superstar cities where talent, capital, and opportunities concentrated before the pandemic.
Policymakers could support businesses by expanding and enhancing the digital infrastructure. Even in advanced economies, almost 20 percent of workers in rural households lack access to the internet. Governments could also consider extending benefits and protections to independent workers and to workers working to build their skills and knowledge mid-career.
Both businesses and policymakers could collaborate to support workers migrating between occupations. Under the Pact for Skills established in the European Union during the pandemic, companies and public authorities have dedicated €7 billion to enhancing the skills of some 700,000 automotive workers, while in the United States, Merck and other large companies have put up more than $100 million to burnish the skills of Black workers without a college education and create jobs that they can fill.
The reward of such efforts would be a more resilient, more talented, and better-paid workforce—and a more robust and equitable society.
Go behind the scenes and get more insights with “ Where the jobs are: An inside look at our new Future of Work research ” from our New at McKinsey blog.
Susan Lund and Anu Madgavkar are partners of the McKinsey Global Institute, where James Manyika and Sven Smit are co-chairs and directors. Kweilin Ellingrud is a senior partner in McKinsey’s Minneapolis office. Mary Meaney is a senior partner in the Paris office. Olivia Robinson is a consultant in the London office.
This report was edited by Stephanie Strom, a senior editor with the McKinsey Global Institute, and Peter Gumbel, MGI editorial director.
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Roles Conceptualization, Formal analysis, Methodology, Writing – original draft, Writing – review & editing
Affiliation AXES, IMT School for Advanced Studies Lucca, Lucca, Italy
Roles Conceptualization, Data curation, Formal analysis, Methodology, Software, Visualization, Writing – original draft, Writing – review & editing
* E-mail: [email protected]
Affiliation Chair of Systems Design D-MTEC, ETH Zürich, Zurich, Switzerland
The COVID-19 outbreak has posed an unprecedented challenge to humanity and science. On the one side, public and private incentives have been put in place to promptly allocate resources toward research areas strictly related to the COVID-19 emergency. However, research in many fields not directly related to the pandemic has been displaced. In this paper, we assess the impact of COVID-19 on world scientific production in the life sciences and find indications that the usage of medical subject headings (MeSH) has changed following the outbreak. We estimate through a difference-in-differences approach the impact of the start of the COVID-19 pandemic on scientific production using the PubMed database (3.6 Million research papers). We find that COVID-19-related MeSH terms have experienced a 6.5 fold increase in output on average, while publications on unrelated MeSH terms dropped by 10 to 12%. The publication weighted impact has an even more pronounced negative effect (-16% to -19%). Moreover, COVID-19 has displaced clinical trial publications (-24%) and diverted grants from research areas not closely related to COVID-19. Note that since COVID-19 publications may have been fast-tracked, the sudden surge in COVID-19 publications might be driven by editorial policy.
Citation: Riccaboni M, Verginer L (2022) The impact of the COVID-19 pandemic on scientific research in the life sciences. PLoS ONE 17(2): e0263001. https://doi.org/10.1371/journal.pone.0263001
Editor: Florian Naudet, University of Rennes 1, FRANCE
Received: April 28, 2021; Accepted: January 10, 2022; Published: February 9, 2022
Copyright: © 2022 Riccaboni, Verginer. This is an open access article distributed under the terms of the Creative Commons Attribution License , which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
Data Availability: The processed data, instructions on how to process the raw PubMed dataset as well as all code are available via Zenodo at https://doi.org/10.5281/zenodo.5121216 .
Funding: The author(s) received no specific funding for this work.
Competing interests: The authors have declared that no competing interests exist.
The COVID-19 pandemic has mobilized the world scientific community in 2020, especially in the life sciences [ 1 , 2 ]. In the first three months after the pandemic, the number of scientific papers about COVID-19 was fivefold the number of articles on H1N1 swine influenza [ 3 ]. Similarly, the number of clinical trials related to COVID-19 prophylaxis and treatments skyrocketed [ 4 ]. Thanks to the rapid mobilization of the world scientific community, COVID-19 vaccines have been developed in record time. Despite this undeniable success, there is a rising concern about the negative consequences of COVID-19 on clinical trial research, with many projects being postponed [ 5 – 7 ]. According to Evaluate Pharma, clinical trials were one of the pandemic’s first casualties, with a record number of 160 studies suspended for reasons related to COVID-19 in April 2020 [ 8 , 9 ] reporting a total of 1,200 trials suspended as of July 2020. As a consequence, clinical researchers have been impaired by reduced access to healthcare research infrastructures. Particularly, the COVID-19 outbreak took a tall on women and early-career scientists [ 10 – 13 ]. On a different ground, Shan and colleagues found that non-COVID-19-related articles decreased as COVID-19-related articles increased in top clinical research journals [ 14 ]. Fraser and coworker found that COVID-19 preprints received more attention and citations than non-COVID-19 preprints [ 1 ]. More recently, Hook and Porter have found some early evidence of ‘covidisation’ of academic research, with research grants and output diverted to COVID-19 research in 2020 [ 15 ]. How much should scientists switch their efforts toward SARS-CoV-2 prevention, treatment, or mitigation? There is a growing consensus that the current level of ‘covidisation’ of research can be wasteful [ 4 , 5 , 16 ].
Against this background, in this paper, we investigate if the COVID-19 pandemic has induced a shift in biomedical publications toward COVID-19-related scientific production. The objective of the study is to show that scientific articles listing covid-related Medical Subject Headings (MeSH) when compared against covid-unrelated MeSH have been partially displaced. Specifically, we look at several indicators of scientific production in the life sciences before and after the start of the COVID-19 pandemic: (1) number of papers published, (2) impact factor weighted number of papers, (3) opens access, (4) number of publications related to clinical trials, (5) number of papers listing grants, (6) number of papers listing grants existing before the pandemic. Through a natural experiment approach, we analyze the impact of the pandemic on scientific production in the life sciences. We consider COVID-19 an unexpected and unprecedented exogenous source of variation with heterogeneous effects across biomedical research fields (i.e., MeSH terms).
Based on the difference in difference results, we document the displacement effect that the pandemic has had on several aspects of scientific publishing. The overall picture that emerges from this analysis is that there has been a profound realignment of priorities and research efforts. This shift has displaced biomedical research in fields not related to COVID-19.
The rest of the paper is structured as follows. First, we describe the data and our measure of relatedness to COVID-19. Next, we illustrate the difference-in-differences specification we rely on to identify the impact of the pandemic on scientific output. In the results section, we present the results of the difference-in-differences and network analyses. We document the sudden shift in publications, grants and trials towards COVID-19-related MeSH terms. Finally, we discuss the findings and highlight several policy implications.
The present analysis is based primarily on PubMed and the Medical Subject Headings (MeSH) terminology. This data is used to estimate the effect of the start of the COVID 19 pandemic via a difference in difference approach. This section is structured as follows. We first introduce the data and then the econometric methodology. This analysis is not based on a pre-registered protocol.
We rely on PubMed, a repository with more than 34 million biomedical citations, for the analysis. Specifically, we analyze the daily updated files up to 31/06/2021, extracting all publications of type ‘Journal Article’. For the principal analysis, we consider 3,638,584 papers published from January 2019 to December 2020. We also analyze 11,122,017 papers published from 2010 onwards to identify the earliest usage of a grant and infer if it was new in 2020. We use the SCImago journal ranking statistics to compute the impact factor weighted number (IFWN) of papers in a given field of research. To assign the publication date, we use the ‘electronically published’ dates and, if missing, the ‘print published’ dates.
We rely on the Medical Subject Headings (MeSH) terminology to approximate narrowly defined biomedical research fields. This terminology is a curated medical vocabulary, which is manually added to papers in the PubMed corpus. The fact that MeSH terms are manually annotated makes this terminology ideal for classification purposes. However, there is a delay between publication and annotation, on the order of several months. To address this delay and have the most recent classification, we search for all 28 425 MeSH terms using PubMed’s ESearch utility and classify paper by the results. The specific API endpoint is https://eutils.ncbi.nlm.nih.gov/entrez/eutils/esearch.fcgi , the relevant scripts are available with the code. For example, we assign the term ‘Ageusia’ (MeSH ID D000370) to all papers listed in the results of the ESearch API. We apply this method to the whole period (January 2019—December 2020) and obtain a mapping from papers to the MeSH terms. For every MeSH term, we keep track of the year they have been established. For instance, COVID-19 terms were established in 2020 (see Table 1 ): in January 2020, the WHO recommended 2019-nCoV and 2019-nCoV acute respiratory disease as provisional names for the virus and disease. The WHO issued the official terms COVID-19 and SARS-CoV-2 at the beginning of February 2020. By manually annotating publications, all publications referring to COVID-19 and SARS-CoV-2 since January 2020 have been labelled with the related MeSH terms. Other MeSH terms related to COVID-19, such as coronavirus, for instance, have been established years before the pandemic (see Table 2 ). We proxy MeSH term usage via search terms using the PubMed EUtilities API; this means that we are not using the hand-labelled MeSH terms but rather the PubMed search results. This means that the accuracy of the MeSH term we assign to a given paper is not perfect. In practice, this means that we have assigned more MeSH terms to a given term than a human annotator would have.
https://doi.org/10.1371/journal.pone.0263001.t001
The list contains only terms with at least 100 publications in 2020.
https://doi.org/10.1371/journal.pone.0263001.t002
We classify publications using PubMed’s ‘PublicationType’ field in the XML baseline files (There are 187 publication types, see https://www.nlm.nih.gov/mesh/pubtypes.html ). We consider a publication to be related to a clinical trial if it lists any of the following descriptors:
In our analysis of the impact of COVID-19 on publications related to clinical trials, we only consider MeSH terms that are associated at least once with a clinical trial publication over the two years. We apply this restriction to filter out MeSH terms that are very unlikely to be relevant for clinical trial types of research.
We proxy the availability of a journal article to the public, i.e., open access, if it is available from PubMed Central. PubMed Central archives full-text journal articles and provides free access to the public. Note that the copyright license may vary across participating publishers. However, the text of the paper is for all effects and purposes freely available without requiring subscriptions or special affiliation.
We infer if a publication has been funded by checking if it lists any grants. We classify grants as either ‘old’, i.e. existed before 2019, or ‘new’, i.e. first observed afterwards. To do so, we collect all grant IDs for 11,122,017 papers from 2010 on-wards and record their first appearance. This procedure is an indirect inference of the year the grant has been granted. The basic assumption is that if a grant number has not been listed in any publication since 2010, it is very likely a new grant. Specifically, an old grant is a grant listed since 2019 observed at least once from 2010 to 2018.
Note that this procedure is only approximate and has a few shortcomings. Mistyped grant numbers (e.g. ‘1234-M JPN’ and ‘1234-M-JPN’) could appear as new grants, even though they existed before, or new grants might be classified as old grants if they have a common ID (e.g. ‘Grant 1’). Unfortunately, there is no central repository of grant numbers and the associated metadata; however, there are plans to assign DOI numbers to grants to alleviate this problem (See https://gitlab.com/crossref/open_funder_registry for the project).
In our analysis, we consider two measures of scientific output. First, we simply count the number of publications by MeSH term. However, since journals vary considerably in terms of impact factor, we also weigh the number of publications by the impact factor of the venue (e.g., journal) where it was published. Specifically, we use the SCImago journal ranking statistics to weigh a paper by the impact factor of the journal it appears in. We use the ‘citation per document in the past two years’ for 45,230 ISSNs. Note that a journal may and often has more than one ISSN, i.e., one for the printed edition and one for the online edition. SCImago applies the same score for a venue across linked ISSNs.
For the impact factor weighted number (IFWN) of publication per MeSH terms, this means that all publications are replaced by the impact score of the journal they appear in and summed up.
To measure how closely related to COVID-19 is a MeSH term, we introduce an index of relatedness to COVID-19. First, we identify the focal COVID-19 terms, which appeared in the literature in 2020 (see Table 1 ). Next, for all other pre-existing MeSH terms, we measure how closely related to COVID-19 they end up being.
Our aim is to show that MeSH terms that existed before and are related have experienced a sudden increase in the number of (impact factor weighted) papers.
Intuitively we can read this measure as: what is the probability in 2020 that a COVID-19 MeSH term is present given that we chose a paper with MeSH term i ? For example, given that in 2020 we choose a paper dealing with “Ageusia” (i.e., Complete or severe loss of the subjective sense of taste), there is a 96% probability that this paper also lists COVID-19, see Table 1 .
Note that a paper listing a related MeSH term does not imply that that paper is doing COVID-19 research, but it implies that one of the MeSH terms listed is often used in COVID-19 research.
In sum, in our analysis, we use the following variables:
The difference-in-differences (DiD) method is an econometric technique to imitate an experimental research design from observation data, sometimes referred to as a quasi-experimental setup. In a randomized controlled trial, subjects are randomly assigned either to the treated or the control group. Analogously, in this natural experiment, we assume that medical subject headings (MeSH) have been randomly assigned to be either treated (related) or not treated (unrelated) by the pandemic crisis.
Before the COVID, for a future health crisis, the set of potentially impacted medical knowledge was not predictable since it depended on the specifics of the emergency. For instance, ageusia (loss of taste), a medical concept existing since 1991, became known to be a specific symptom of COVID-19 only after the pandemic.
Specifically, we exploit the COVID-19 as an unpredictable and exogenous shock that has deeply affected the publication priorities for biomedical scientific production, as compared to the situation before the pandemic. In this setting, COVID-19 is the treatment, and the identification of this new human coronavirus is the event. We claim that treated MeSH terms, i.e., MeSH terms related to COVID-19, have experienced a sudden increase in terms of scientific production and attention. In contrast, research on untreated MeSH terms, i.e., MeSH terms not related to COVID-19, has been displaced by COVID-19. Our analysis compares the scientific output of COVID-19 related and unrelated MeSH terms before and after January 2020.
In our case, some of the terms turn out to be related to COVID-19 in 2020, whereas most of the MeSH terms are not closely related to COVID-19.
Thus β 1 identifies the overall effect on the control group after the event, β 2 the difference across treated and control groups before the event (i.e. the first difference in DiD) and finally the effect on the treated group after the event, net of the first difference, β 3 . This last parameter identifies the treatment effect on the treated group netting out the pre-treatment difference.
For the DiD to have a causal interpretation, it must be noted that pre-event, the trends of the two groups should be parallel, i.e., the common trend assumption (CTA) must be satisfied. We will show that the CTA holds in the results section.
To specify the DiD model, we need to define a period before and after the event and assign a treatment status or level of exposure to each term.
The pre-treatment period is defined as January 2019 to December 2019. The post-treatment period is defined as the months from January 2020 to December 2020. We argue that the state of biomedical research was similar in those two years, apart from the effect of the pandemic.
The treatment is determined by the COVID-19 relatedness index σ i introduced earlier. Specifically, this number indicates the likelihood that COVID-19 will be a listed MeSH term, given that we observe the focal MeSH term i . To show that the effect becomes even stronger the closer related the subject is, and for ease of interpretation, we also discretize the relatedness value into three levels of treatment. Namely, we group MeSH terms with a σ between, 0% to 20%, 20% to 80% and 80% to 100%. The choice of alternative grouping strategies does not significantly affect our results. Results for alternative thresholds of relatedness can be computed using the available source code. We complement the dichotomized analysis by using the treatment intensity (relatedness measure σ ) to show that the result persists.
In this work, we estimate a random effects panel regression where the units of analysis are 28 318 biomedical research fields (i.e. MeSH terms) observed over time before and after the COVID-19 pandemic. The time resolution is at the monthly level, meaning that for each MeSH term, we have 24 observations from January 2019 to December 2020.
The outcome variable Y it identifies the outcome at time t (i.e., month), for MeSH term i . As before, P t identifies the period with P t = 0 if the month is before January 2020 and P t = 1 if it is on or after this date. In (3) , the treatment level is measure by the relatedness to COVID-19 ( σ i ), where again the γ 1 identifies pre-trend (constant) differences and δ 1 the overall effect.
In total, we estimate six coefficients. As before, the δ l coefficient identifies the DiD effect.
We show that the CTA holds for this model by comparing the pre-event trends of the control group to the treated groups (COVID-19 related MeSH terms). Namely, we show that the pre-event trends of the control group are the same as the pre-event trends of the treated group.
To investigate if the pandemic has caused a reconfiguration of research priorities, we look at the MeSH term co-occurrence network. Precisely, we extract the co-occurrence network of all 28,318 MeSH terms as they appear in the 3.3 million papers. We considered the co-occurrence networks of 2018, 2019 and 2020. Each node represents a MeSH term in these networks, and a link between them indicates that they have been observed at least once together. The weight of the edge between the MeSH terms is given by the number of times those terms have been jointly observed in the same publications.
Medical language is hugely complicated, and this simple representation does not capture the intricacies, subtle nuances and, in fact, meaning of the terms. Therefore, we do not claim that we can identify how the actual usage of MeSH terms has changed from this object, but rather that it has. Nevertheless, the co-occurrence graph captures rudimentary relations between concepts. We argue that absent a shock to the system, their basic usage patterns, change in importance (within the network) would essentially be the same from year to year. However, if we find that the importance of terms changes more than expected in 2020, it stands to reason that there have been some significant changes.
To show that that MeSH usage has been affected, we compute for each term in the years 2018, 2019 and 2020 their PageRank centrality [ 17 ]. The PageRank centrality tells us how likely a random walker traversing a network would be found at a given node if she follows the weights of the empirical edges (i.e., co-usage probability). Specifically, for the case of the MeSH co-occurrence network, this number represents how often an annotator at the National Library of Medicine would assign that MeSH term following the observed general usage patterns. It is a simplistic measure to capture the complexities of biomedical research. Nevertheless, it captures far-reaching interdependence across MeSH terms as the measure uses the whole network to determine the centrality of every MeSH term. A sudden change in the rankings and thus the position of MeSH terms in this network suggests that a given research subject has risen as it is used more often with other important MeSH terms (or vice versa).
We then compare the growth for each MeSH i term in g i (2019), i.e. before the the COVID-19 pandemic, with the growth after the event ( g i (2020)).
Before we show the regression results, we provide descriptive evidence that publications from 2019 to 2020 have drastically increased. By showing that this growth correlates strongly with a MeSH term’s COVID-19 relatedness ( σ ), we demonstrate that (1) σ captures an essential aspect of the growth dynamics and (2) highlight the meteoric rise of highly related terms.
We look at the year over year growth in the number of the impact weighted number of publications per MeSH term from 2018 to 2019 and 2019 to 2020 as defined in the methods section.
Fig 1 shows the yearly growth of the impact weighted number of publications per MeSH term. By comparing the growth of the number of publications from the years 2018, 2019 and 2020, we find that the impact factor weighted number of publications has increased by up to a factor of 100 compared to the previous year for Betacoronavirus, one of the most closely related to COVID-19 MeSH term.
Each dot represents, a MeSH term. The y axis (growth) is in symmetric log scale. The x axis shows the COVID-19 relatedness, σ . Note that the position of the dots on the x-axis is the same in the two plots. Below: MeSH term importance gain (PageRank) and their COVID-19 relatedness.
https://doi.org/10.1371/journal.pone.0263001.g001
Fig 1 , first row, reveals how strongly correlated the growth in the IFWN of publication is to the term’s COVID-19 relatedness. For instance, we see that the term ‘Betacoronavirus’ skyrocketed from 2019 to 2020, which is expected given that SARS-CoV-2 is a species of the genus. Conversely, the term ‘Alphacoronavirus’ has not experienced any growth given that it is twin a genus of the Coronaviridae family, but SARS-CoV-2 is not one of its species. Note also the fast growth in the number of publications dealing with ‘Quarantine’. Moreover, MeSH terms that grew significantly from 2018 to 2019 and were not closely related to COVID-19, like ‘Vaping’, slowed down in 2020. From the graph, the picture emerges that publication growth is correlated with COVID-19 relatedness σ and that the growth for less related terms slowed down.
To show that the usage pattern of MeSH terms has changed following the pandemic, we compute the PageRank centrality using graph-tool [ 18 ] as discussed in the Methods section.
Fig 1 , second row, shows the change in the PageRank centrality of the MeSH terms after the pandemic (2019 to 2020, right plot) and before (2018 to 2019, left plot). If there were no change in the general usage pattern, we would expect the variance in PageRank changes to be narrow across the two periods, see (left plot). However, PageRank scores changed significantly more from 2019 to 2020 than from 2018 to 2019, suggesting that there has been a reconfiguration of the network.
To further support this argument, we carry out a DiD regression analysis.
As discussed in the Methods section, we need to show that the CTA assumption holds for the DiD to be defined appropriately. We do this by estimating for each month the number of publications and comparing it across treatment groups. This exercise also serves the purpose of a placebo test. By assuming that each month could have potentially been the event’s timing (i.e., the outbreak), we show that January 2020 is the most likely timing of the event. The regression table, as noted earlier, contains over 70 estimated coefficients, hence for ease of reading, we will only show the predicted outcome per month by group (see Fig 2 ). The full regression table with all coefficients is available in the S1 Table .
The y axis is in log scale. The dashed vertical line identifies January 2020. The dashed horizontal line shows the publications in January 2019 for the 0–20% group before the event. This line highlights that the drop happens after the event. The bands around the lines indicate the 95% confidence interval of the predicted values. The results are the output of the Stata margins command.
https://doi.org/10.1371/journal.pone.0263001.g002
Fig 2 shows the predicted number per outcome variable obtained from the panel regression model. These predictions correspond to the predicted value per relatedness group using the regression parameters estimated via the linear panel regression. The bands around the curves are the 95% confidence intervals.
All outcome measures depict a similar trend per month. Before the event (i.e., January 2020), there is a common trend across all groups. In contrast, after the event, we observe a sudden rise for the outcomes of the COVID-19 related treated groups (green and red lines) and a decline in the outcomes for the unrelated group (blue line). Therefore, we can conclude that the CTA assumption holds.
Table 3 shows the DiD regression results (see Eq (3) ) for the selected outcome measures: number of publications (Papers), impact factor weighted number of publications (Impact), open access (OA) publications, clinical trial related publications, and publications with existing grants.
https://doi.org/10.1371/journal.pone.0263001.t003
Table 3 shows results for the discrete treatment level version of the DiD model (see Eq (4) ).
Note that the outcome variable is in natural log scale; hence to get the effect of the independent variable, we need to exponentiate the coefficient. For values close to 0, the effect is well approximated by the percentage change of that magnitude.
In both specifications we see that the least related group, drops in the number of publications between 10% and 13%, respectively (first row of Tables 3 and 4 , exp(−0.102) ≈ 0.87). In line with our expectations, the increase in the number of papers published by MeSH term is positively affected by the relatedness to COVID-19. In the discrete model (row 2), we note that the number of documents with MeSH terms with a COVID-19 relatedness between 20 and 80% grows by 18% and highly related terms by a factor of approximately 6.6 (exp(1.88)). The same general pattern can be observed for the impact weighted publication number, i.e., Model (2). Note, however, that the drop in the impact factor weighted output is more significant, reaching -19% for COVID-19 unrelated publications, and related publications growing by a factor of 8.7. This difference suggests that there might be a bias to publish papers on COVID-19 related subjects in high impact factor journals.
https://doi.org/10.1371/journal.pone.0263001.t004
By looking at the number of open access publications (PMC), we note that the least related group has not been affected negatively by the pandemic. However, the number of COVID-19 related publications has drastically increased for the most COVID-19 related group by a factor of 6.2. Note that the substantial increase in the number of papers available through open access is in large part due to journal and editorial policies to make preferentially COVID research immediately available to the public.
Regarding the number of clinical trial publications, we note that the least related group has been affected negatively, with the number of publications on clinical trials dropping by a staggering 24%. At the same time, publications on clinical trials for COVID-19-related MeSH have increased by a factor of 2.1. Note, however, that the effect on clinical trials is not significant in the continuous regression. The discrepancy across Tables 3 and 4 highlights that, especially for trials, the effect is not linear, where only the publications on clinical trials closely related to COVID-19 experiencing a boost.
It has been reported [ 19 ] that while the number of clinical trials registered to treat or prevent COVID-19 has surged with 179 new registrations in the second week of April 2020 alone. Only a few of these have led to publishable results in the 12 months since [ 20 ]. On the other hand, we find that clinical trial publications, considering related MeSH (but not COVID-19 directly), have had significant growth from the beginning of the pandemic. These results are not contradictory. Indeed counting the number of clinical trial publications listing the exact COVID-19 MeSH term (D000086382), we find 212 publications. While this might seem like a small number, consider that in 2020 only 8,485 publications were classified as clinical trials; thus, targeted trials still made up 2.5% of all clinical trials in 2020 . So while one might doubt the effectiveness of these research efforts, it is still the case that by sheer number, they represent a significant proportion of all publications on clinical trials in 2020. Moreover, COVID-19 specific Clinical trial publications in 2020, being a delayed signal of the actual trials, are a lower bound estimate on the true number of such clinical trials being conducted. This is because COVID-19 studies could only have commenced in 2020, whereas other studies had a head start. Thus our reported estimates are conservative, meaning that the true effect on actual clinical trials is likely larger, not smaller.
Research funding, as proxied by the number of publications with grants, follows a similar pattern, but notably, COVID-19-related MeSH terms list the same proportion of grants established before 2019 as other unrelated MeSH terms, suggesting that grants which were not designated for COVID-19 research have been used to support COVID-19 related research. Overall, the number of publications listing a grant has dropped. Note that this should be because the number of publications overall in the unrelated group has dropped. However, we note that the drop in publications is 10% while the decline in publications with at least one grant is 15%. This difference suggests that publications listing grants, which should have more funding, are disproportionately COVID-19 related papers. To further investigate this aspect, we look at whether the grant was old (pre-2019) or appeared for the first time in or after 2019. It stands to reason that an old grant (pre-2019) would not have been granted for a project dealing with the pandemic. Hence we would expect that COVID-19 related MeSH terms to have a lower proportion of old grants than the unrelated group. In models (6) in Table 4 we show that the number of old grants for the unrelated group drops by 13%. At the same time, the number of papers listing old grants (i.e., pre-2019) among the most related group increased by a factor of 3.1. Overall, these results suggest that COVID-19 related research has been funded largely by pre-existing grants, even though a specific mandate tied to the grants for this use is unlikely.
The scientific community has swiftly reallocated research efforts to cope with the COVID-19 pandemic, mobilizing knowledge across disciplines to find innovative solutions in record time. We document this both in terms of changing trends in the biomedical scientific output and the usage of MeSH terms by the scientific community. The flip side of this sudden and energetic prioritization of effort to fight COVID-19 has been a sudden contraction of scientific production in other relevant research areas. All in all, we find strong support to the hypotheses that the COVID-19 crisis has induced a sudden increase of research output in COVID-19 related areas of biomedical research. Conversely, research in areas not related to COVID-19 has experienced a significant drop in overall publishing rates and funding.
Our paper contributes to the literature on the impact of COVID-19 on scientific research: we corroborate previous findings about the surge of COVID-19 related publications [ 1 – 3 ], partially displacing research in COVID-19 unrelated fields of research [ 4 , 14 ], particularly research related to clinical trials [ 5 – 7 ]. The drop in trial research might have severe consequences for patients affected by life-threatening diseases since it will delay access to new and better treatments. We also confirm the impact of COVID-19 on open access publication output [ 1 ]; also, this is milder than traditional outlets. On top of this, we provide more robust evidence on the impact weighted effect of COVID-19 and grant financed research, highlighting the strong displacement effect of COVID-19 on the allocation of financial resources [ 15 ]. We document a substantial change in the usage patterns of MeSH terms, suggesting that there has been a reconfiguration in the way research terms are being combined. MeSH terms highly related to COVID-19 were peripheral in the MeSH usage networks before the pandemic but have become central since 2020. We conclude that the usage patterns have changed, with COVID-19 related MeSH terms occupying a much more prominent role in 2020 than they did in the previous years.
We also contribute to the literature by estimating the effect of COVID-19 on biomedical research in a natural experiment framework, isolating the specific effects of the COVID-19 pandemic on the biomedical scientific landscape. This is crucial to identify areas of public intervention to sustain areas of biomedical research which have been neglected during the COVID-19 crisis. Moreover, the exploratory analysis on the changes in usage patterns of MeSH terms, points to an increase in the importance of covid-related topics in the broader biomedical research landscape.
Our results provide compelling evidence that research related to COVID-19 has indeed displaced scientific production in other biomedical fields of research not related to COVID-19, with a significant drop in (impact weighted) scientific output related to non-COVID-19 and a marked reduction of financial support for publications not related to COVID-19 [ 4 , 5 , 16 ]. The displacement effect is persistent to the end of 2020. As vaccination progresses, we highlight the urgent need for science policy to re-balance support for research activity that was put on pause because of the COVID-19 pandemic.
We find that COVID-19 dramatically impacted clinical research. Reactivation of clinical trials activities that have been postponed or suspended for reasons related to COVID-19 is a priority that should be considered in the national vaccination plans. Moreover, since grants have been diverted and financial incentives have been targeted to sustain COVID-19 research leading to an excessive entry in COVID-19-related clinical trials and the ‘covidisation’ of research, there is a need to reorient incentives to basic research and otherwise neglected or temporally abandoned areas of biomedical research. Without dedicated support in the recovery plans for neglected research of the COVID-19 era, there is a risk that more medical needs will be unmet in the future, possibly exacerbating the shortage of scientific research for orphan and neglected diseases, which do not belong to COVID-19-related research areas.
Our empirical approach has some limits. First, we proxy MeSH term usage via search terms using the PubMed EUtilities API. This means that the accuracy of the MeSH term we assign to a given paper is not fully validated. More time is needed for the completion of manually annotated MeSH terms. Second, the timing of publication is not the moment the research has been carried out. There is a lead time between inception, analysis, write-up, review, revision, and final publication. This delay varies across disciplines. Nevertheless, given that the surge in publications happens around the alleged event date, January 2020, we are confident that the publication date is a reasonable yet imperfect estimate of the timing of the research. Third, several journals have publicly declared to fast-track COVID-19 research. This discrepancy in the speed of publication of COVID-19 related research and other research could affect our results. Specifically, a surge or displacement could be overestimated due to a lag in the publication of COVID-19 unrelated research. We alleviate this bias by estimating the effect considering a considerable time after the event (January 2020 to December 2020). Forth, on the one hand, clinical Trials may lead to multiple publications. Therefore we might overestimate the impact of COVID-19 on the number of clinical trials. On the other hand, COVID-19 publications on clinical trials lag behind, so the number of papers related COVID-19 trials is likely underestimated. Therefore, we note that the focus of this paper is scientific publications on clinical trials rather than on actual clinical trials. Fifth, regarding grants, unfortunately, there is no unique centralized repository mapping grant numbers to years, so we have to proxy old grants with grants that appeared in publications from 2010 to 2018. Besides, grant numbers are free-form entries, meaning that PubMed has no validation step to disambiguate or verify that the grant number has been entered correctly. This has the effect of classifying a grant as new even though it has appeared under a different name. We mitigate this problem by using a long period to collect grant numbers and catch many spellings of the same grant, thereby reducing the likelihood of miss-identifying a grant as new when it existed before. Still, unless unique identifiers are widely used, there is no way to verify this.
So far, there is no conclusive evidence on whether entry into COVID-19 has been excessive. However, there is a growing consensus that COVID-19 has displaced, at least temporally, scientific research in COVID-19 unrelated biomedical research areas. Even though it is certainly expected that more attention will be devoted to the emergency during a pandemic, the displacement of biomedical research in other fields is concerning. Future research is needed to investigate the long-run structural consequences of the COVID-19 crisis on biomedical research.
S1 table. common trend assumption (cta) regression table..
Full regression table with all controls and interactions.
https://doi.org/10.1371/journal.pone.0263001.s001
This paper investigates the importance of the age composition for pandemic policy design. To do so, it introduces an economic framework with age heterogeneity, individual choice, and incomplete information, emphasizing the value of testing. Calibrating the model to the US Covid-19 pandemic reveals an 80% reduction in death toll due to voluntary actions and the lockdown implemented in the US. The optimal lockdown, however, is more stringent than what was implemented in the US. Moreover, the social planner follows an asymmetric approach by locking down the young relatively more than the old. We underscore the importance of testing, showing its impact on reduced deaths, lower economic costs and laxer lockdown. We use the framework to provide systematic insights into pandemics caused by different viruses (among others the Spanish flu), and underline the influence of economic conditions on optimal policies.
All funding sources are named in the acknowledgements of the paper. In particular: Financial support from the German Research Foundation (through CRC-TR-224 (project A3) and the Gottfried Wilhelm Leibniz-Prize), the European Research Council (through ERC grant 818859), the Spanish Government (PID2021-126549NB-I00 and PID2020-114040RB-I00), and the Generalitat of Catalonia (AGAUR-2020PANDE00036 and 2021-SGR-00862) is gratefully acknowledged. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.
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Anyone can get COVID-19 , also called coronavirus disease 2019, including children. Find out about the symptoms, testing and medical issues linked to COVID-19 in children. And learn how to help prevent COVID-19, especially in children at high risk of serious illness.
Data tracking between 2020 and 2023 found that children made up about 18% of all people with reported COVID-19 in the United States.
While children are as likely as adults to catch the virus that causes COVID-19, kids are less likely to become seriously ill. From 2020 to the end of March 2024, children up to age 17 accounted for about 1.5% of people who needed to be treated for COVID-19 in the hospital.
But some children with COVID-19 need to be hospitalized, treated in the intensive care unit or placed on a machine to help them breathe, called a ventilator. Very rarely, COVID-19 can cause death.
Some health issues might raise a child's risk of serious illness with COVID-19, such as:
This is not a complete list. Other health issues, such as sickle cell disease, may be linked to more-serious COVID-19.
Having more than one risk factor raises the chance of serious COVID-19. Age younger than 1 year or older than 12 also raises the risk. And if a medical condition isn't under control, that can raise the risk of serious COVID-19.
A COVID-19 vaccine might prevent your child from getting the virus that causes COVID-19. It also may prevent your child from becoming seriously ill, having to stay in the hospital or dying of COVID-19.
Babies under age 1 might be at higher risk of serious illness with COVID-19 than are older children. This may be mostly due to the fact that babies born prematurely have the highest risk.
In general, the virus that causes COVID-19 doesn't spread from the pregnant person to the unborn baby. Infants typically get COVID-19 from a sick caregiver after delivery.
Pregnant people can help lower an infant's risk by getting the COVID-19 vaccine during pregnancy. Some evidence suggests protection can pass to the unborn baby and continue after birth.
Children with COVID-19 may have serious or mild symptoms or no symptoms at all. Symptoms may show up from 2 to 14 days after contact with the virus that causes COVID-19.
The most common symptoms are fever and a cough, including a barking cough linked to croup. For many children, symptoms are like those of other lung and breathing illnesses, called respiratory illnesses, and may include:
Testing can help figure out if the virus that causes COVID-19 is the cause.
COVID-19 symptoms also may include problems breathing or shortness of breath, as well as new loss of taste or smell.
Get emergency help right away if your child is working hard to breathe. Symptoms of breathing trouble include grunting, flaring the nostrils, or having the chest pull at the collarbone and rib with a breath. Other symptoms of trouble breathing are shortness of breath at rest; rapid breathing; or wheezy, noisy or raspy breathing. In babies, this may show as not being able to cry or feed.
Get emergency help for other symptoms of serious illness, such as:
This list doesn't include every emergency symptom. If the child you're taking care of has symptoms that worry you, get help. Let the healthcare team know about a positive test for COVID-19 or symptoms of the illness.
Testing for COVID-19 can help you quickly figure out if the COVID-19 virus is the cause of your child's illness. Testing helps you act quickly to prevent serious illness in kids who are at higher than average risk. It also helps protect others who may be at high risk.
Test for COVID-19 if you know you or your child was exposed to the virus or if you have symptoms. Testing during times when many people in your area have COVID-19 can help stop the spread of the virus that causes the illness.
Jennifer Rodemeyer, Child Life Program Manager, Mayo Clinic: Hi, I'm Jennifer and I am a child life specialist at Mayo Clinic. My job is to help kids like you prepare for medical tests.
You may have heard there is a virus going around that can make people feel sick. A virus is a germ and it is so tiny you can't even see it.
Some people who get this virus can have a fever or a cough and may feel achy and tired, while some people can have this virus and not feel sick at all. People may get this virus from touching things. That's why it's important to wash your hands often with soap and water. The virus also can spread through a cough or a sneeze. So it's important to always cover your cough or sneeze.
Today, even though you may or may not be feeling sick, we will need to give you a test so we know how to best proceed with your medical care. This medical test will tell us if you have the virus.
When you go to take your test, the health care provider will wear special protective clothing. They wear this clothing to keep themselves and you safe from getting germs. They will wear a mask to cover their nose and mouth and a clear plastic shield to protect their eyes.
The most important thing you can do during your test is to sit perfectly still like a statue. To help make sure you don't move, your parent or caregiver will help keep you still and calm during your test. The health care provider needs to touch the inside of the back of your nose with a long, skinny Q-tip. To do this, you need to hold your chin up, then the health care provider will put the Q-tip in your nose for a short time to collect a sample.
While this happens you may feel like you want to push the Q-tip away, but it's really important to stay as still as possible so the health care provider can finish the test. The Q-tip will be in and out of your nose in a few seconds.
Some kids tell me that counting to 3 or taking a deep breath relaxes them before the test happens, and some tell me they like to hold on to their favorite stuffed animal or blanket. Maybe you have your own way to relax.
Remember that during the test, the most important thing to do is to keep your body perfectly still.
You may have many feelings seeing the health care provider wearing different clothing, but know this person is caring and wants to help you.
Thank you for helping us get this test done, so we know how to proceed with your medical care.
Multisystem inflammatory syndrome in children (MIS-C) is a serious condition linked to infection with the virus that causes COVID-19.
With MIS-C, children have fever, blood markers of inflammation and serious disease throughout the body. Organs such as the brain, eyes, heart, lungs, kidneys, digestive system and skin may become inflamed. MIS-C symptoms are treated in the hospital as the illness runs its course.
MIS-C is rare. In 2023, the U.S. Centers for Disease Control and Prevention received 117 reports of MIS-C. Most of these children had no medical issues before getting MIS-C.
Symptoms usually show up in about 2 to 6 weeks after infection with the virus that causes COVID-19.
Symptoms of MIS-C include a fever that doesn't go away, along with other symptoms:
Emergency warning signs of MIS-C include:
If your child shows any emergency warning signs or is severely sick with other symptoms, take your child to the nearest emergency department or call 911 or your local emergency number. If your child isn't seriously ill but shows other symptoms of MIS-C, contact your child's healthcare professional right away for advice.
Most children get better quickly and don't have any medical issues caused by MIS-C.
Staying up to date with COVID-19 vaccination offers protection against MIS-C. And most children who have had MIS-C can get a COVID-19 vaccine on schedule.
Anyone who has had COVID-19 can develop a post-COVID-19 syndrome. New symptoms or conditions that develop after infection with the virus that causes COVID-19 is more often linked to serious COVID-19 illness. But anyone who catches the COVID-19 virus can develop a post-COVID-19 syndrome.
Symptoms often include a high level of tiredness that affects day-to-day life. And some symptoms may get worse after certain activities.
Symptoms may relate to trouble with:
Depending on their age, children may have trouble explaining some of these issues, which may be difficult for healthcare teams to diagnose.
These symptoms could affect your child's ability to attend school or do typical activities. If your child has post-COVID-19 symptoms that aren't getting better, talk with your healthcare professional. Working with your child's school, it may be possible to compensate for these symptoms.
Staying up to date with COVID-19 vaccines offers protection against post-COVID-19 syndrome.
The COVID-19 vaccines available in the United States are:
In general, people older than age 4 with typical immune systems can get any vaccine that is approved or authorized for their age. And people usually don't need to get vaccines from the same vaccine maker each time.
Some people should get all their vaccine doses from the same vaccine maker, including:
Talk with your healthcare professional if you have any questions about the vaccines for you or your child. Your healthcare team can help you if:
There are many steps you can take to prevent your child from getting the COVID-19 virus and spreading it to others.
Keep up with well-child visits and your child's other vaccines. COVID-19 is just one of many illnesses that can be prevented with vaccination. Vaccines for children are timed carefully. Vaccines are given when protection inherited from the mother fades and the child's immune system is ready, but before kids are likely to come in contact with the germs that cause real infections.
Following guidelines to protect against the COVID-19 virus can be difficult for kids. Stay patient. Be a good role model and your child will be more likely to follow your lead.
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Abid haleem.
a Department of Mechanical Engineering, Jamia Millia Islamia, New Delhi, India
Raju vaishya.
b Department of Orthopaedics, Indraprastha Apollo Hospital, Sarita Vihar, Mathura Road, 110076 New Delhi, India
c Department of Mechanical Engineering, Indian Institute of Technology Delhi, New Delhi, India
Coronavirus (COVID-19) endemic is growing exponentially in the whole world. Researchers, technologists, doctors and other healthcare workers are working day and night on the development of vaccine and medicinesto control and treat this virus. SARS-CoV-2 is the name of the virus responsible for causing COVID-19 disease, which is highly infectious and lethal.With exponentially increasing infections, proportionate fatalities are being reported both from developed and under developed countries. As of today, more than one million people across the world have been reported infected with this virus, and more than 65,000 people have died of this disease. Hence, there is an urgent requirement for conducting academic research on several aspects of this highly contagious disease, to find effective means of containment and treatment of the disease, for now, and in future. We have identified some opportunities for academic research related to COVID-19 and have also provided suggestions to contain, prevent and treat this viral infection.
The SARS-CoV-2 virus has significantly affected the health, economy, and socio-economic fabric of the global society. The costs involved in the containment and treatment of this infectious disease are exorbitantly high, which even the wealthiestand developed countries are finding it difficult to sustain. COVID-19 pandemic has severely impacted the crude, stock market, gold and metals and almost all areas of the global market [ 1 ]. Large research laboratories and corporate houses are working with a high speed to develop medicines and vaccines for the prevention and treatment of this dreaded disease. To deal with these current health management challenges, we need a comprehensive understanding of the effect on the health system, global business, and culture. COVID-19 was declared a pandemic by the WHO on 11th March 2020 [ 2 ]. COVID-19 has become an international emergency in a short period and will have long-lasting effects. There is an urgent need to identify and study the areas of academic research which will be impacted by COVID-19 [ 3 ].
This manuscript highlights potential areas of academic research which are likely to be impacted by COVID-19. The main objectives of this paper are to provide awareness and to identify the research areas related to COVID-19. It may help improve the understanding of this disease and describe the psychological impacts of this pandemic and how these could change as the disease spreads.
It appears the Coronavirus is zoonotic and originated in China. Scientists have not yet been able to identify the animal source of the infectious agent and have not determined whether a persistent animal reservoir of the infectious agent exists. It is also unclear whether SARS, like influenza, is a seasonal disease that would have receded on its own. It remains to be seen whether it will reemerge on a seasonal basis, and if so, how virulent future manifestations would be. The answers to these questions would undoubtedly advance the world's ability to predict and prepare for a resurgence of COVID-19.
COVID-19 has disrupted the economies and the lives of individuals around the world. There are many areas of research needed regarding COVID-19 [ [4] , [5] , [6] ]. Table 1 identifies significant research areas which be profoundly impacted by this pandemic. We need to undertake extensive research on these areas.
Major research areas which will be impacted by COVID-19.
S. No | Areas | Description |
---|---|---|
1 | Vaccine Development | |
2 | Medication/Therapy | |
3 | Health Care and equipment | |
4 | Social | |
5 | Economic | |
6 | Environmental | |
7 | Sustainability | |
8 | Psychiatric | |
9 | The emergence of a new workplace and work culture | |
10 | Information Technology revolution | |
11 | Online awareness workshop and capacity building | |
12 | Biological warfare | |
13 | Psychological issues | |
14 | Industry 4.0 | |
15 | Importance of home life | |
16 | Global trade, commerce | |
17 | Medical Supply chains | |
18 | Public health and Policy |
Extensive research is required for the development of a vaccine for the prevention of Coronavirus infection. There is an urgent need for early production and manufacturing of the essential items like personal protective equipment, medicines, and ventilators to combat this pandemic. All measures to keep a social distancing by the public must be ensured by avoiding social-cultural and religious programs and festivals etc. during this pandemic. Along with these, healthcare measures to deal with COVID-19 pandemic, there is also an imminent requirement for theresearch to improvethe global economy, which has taken a tremendous beating and is unlikely to recover in the near future [ 7 , 8 ].
COVID-19 pandemic is a public health emergency of international concern.It has posed new challenges to the global research community. With the help of academic research, there is a need for a better understanding of the COVID-19 and its socio-economic ramifications on society. The future research will be multi-disciplinary and trans-national.We see a new wave of research in the biological and the medical sciences for the well-being of the civilization.
While Historically Underrepresented Group Operators (HUGOs) businesses typically depend on social networks for disaster recovery, this aspect remains inadequately researched. This research investigates whether leveraging particular social networks (bonding, bridging, and linking) to obtain financial and informational access influences small business perceptions of recovery. Data was collected through a survey of 200 businesses in Salt Lake City, UT affected by the COVID-19 pandemic and analyzed using logistic regression. The findings indicate that: (1) small businesses that utilized bonding, bridging, or linking networking experienced negative recovery; however (2) HUGOs that utilized linking networks were more likely to experience a positive recovery than non-HUGOs. The research underscores the importance of diversifying social networking channels for successful HUGO business recovery and points to the need for economic recovery programs that build this networking capacity.
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19 January 2022
How to report misinformation
An alcohol-based sanitizer does not create antibiotic resistance. Unlike other antiseptics and antibiotics, pathogens (harmful germs) do not seem to develop resistance to alcohol-based sanitizers.
Fact: alcohol-based sanitizers are safe for everyone to use.
Alcohols in the sanitizers have not been shown to create any relevant health issues. Little alcohol is absorbed into the skin, and most products contain an emollient to reduce skin dryness. Allergic contact dermatitis and bleaching of hand hair due to alcohol are very rare adverse effects. Accidental swallowing and intoxication have been described in rare cases.
Fact: alcohol-based sanitizers can be used in religions where alcohol is prohibited.
Any manufactured substance developed to alleviate illness or contribute to better health is permitted by the Qur'an, including alcohol used as a medical agent.
Fact: the amount of alcohol-based sanitizer you use matters.
Apply a palmful of alcohol-based sanitizer to cover all surfaces of your hands. Rub your hands together using the right technique until they are dry.
The entire procedure should last 20-30 seconds.
Fact: it is safer to frequently clean your hands and not wear gloves.
Wearing gloves risks transferring germs from one surface to another and contaminating your hands when removing them. Wearing gloves does not replace cleaning hands. Health workers wear gloves only for specific tasks.
Fact: touching a communal bottle of alcohol-based sanitizer will not infect you.
Once you've sanitized your hands, you have disinfected them from any germs that may have been on the bottle. If everyone uses sanitizer in a public place such as a supermarket entrance, the risk of germs on communal items will be lower and will help keep everyone safe.
Fact: an alcohol-based handrub is listed as a who essential medicine.
Clean hands protect patients, health workers, other caregivers and everyone from infection. Cleaning your hands is one of the key measures to prevent disease.
Fact: vitamin and mineral supplements cannot cure covid-19 .
Micronutrients, such as vitamins D and C and zinc, are critical for a well-functioning immune system and play a vital role in promoting health and nutritional well-being. There is currently no guidance on the use of micronutrient supplements as a treatment of COVID-19.
WHO is coordinating efforts to develop and evaluate medicines to treat COVID-19.
Is dexamethasone a treatment for all covid-19 patients.
Dexamethasone should be reserved for patients who need it most. It should not be stockpiled.
It provided no improvement for patients with mild symptoms. Dexamethasone is a corticosteroid used for its anti-inflammatory and immunosuppressive effects. For some COVID-19 patients on ventilators, a daily 6 mg dose of dexamethasone for 10 days improved their health
Fact: water or swimming does not transmit the covid-19 virus.
The COVID-19 virus does not transmit through water while swimming. However, the virus spreads between people when someone has close contact with an infected person.
WHAT YOU CAN DO:
Avoid crowds and maintain at least a 1-metre distance from others, even when you are swimming or at swimming areas. Wear a mask when you’re not in the water and you can’t stay distant. Clean your hands frequently, cover a cough or sneeze with a tissue or bent elbow, and stay home if you’re unwell.
Fact: the likelihood of shoes spreading covid-19 is very low.
The likelihood of COVID-19 being spread on shoes and infecting individuals is very low. As a precautionary measure, particularly in homes where infants and small children crawl or play on floors, consider leaving your shoes at the entrance of your home. This will help prevent contact with dirt or any waste that could be carried on the soles of shoes.
Fact: the coronavirus disease (covid-19) is caused by a virus, not by bacteria.
The virus that causes COVID-19 is in a family of viruses called Coronaviridae. Antibiotics do not work against viruses.
Some people who become ill with COVID-19 can also develop a bacterial infection as a complication. In this case, antibiotics may be recommended by a health care provider.
There is currently no licensed medication to cure COVID-19. If you have symptoms, call your health care provider or COVID-19 hotline for assistance.
Fact: the prolonged use of medical masks* when properly worn, does not cause co2 intoxication nor oxygen deficiency.
The prolonged use of medical masks can be uncomfortable. However, it does not lead to CO2 intoxication nor oxygen deficiency. While wearing a medical mask, make sure it fits properly and that it is tight enough to allow you to breathe normally. Do not re-use a disposable mask and always change it as soon as it gets damp.
* Medical masks (also known as surgical masks) are flat or pleated; they are affixed to the head with straps or have ear loops.
Fact: drinking alcohol does not protect you against covid-19 and can be dangerous.
The harmful use of alcohol increases your risk of health problems.
Fact: adding pepper to your soup or other meals does not prevent or cure covid-19.
Hot peppers in your food, though very tasty, cannot prevent or cure COVID-19. The best way to protect yourself against the new coronavirus is to keep at least 1 metre away from others and to wash your hands frequently and thoroughly. It is also beneficial for your general health to maintain a balanced diet, stay well hydrated, exercise regularly and sleep well.
Fact: spraying and introducing bleach or another disinfectant into your body will not protect you against covid-19 and can be dangerous.
Do not under any circumstance spray or introduce bleach or any other disinfectant into your body. These substances can be poisonous if ingested and cause irritation and damage to your skin and eyes.
Bleach and disinfectant should be used carefully to disinfect surfaces only. Remember to keep chlorine (bleach) and other disinfectants out of reach of children.
Fact: drinking methanol, ethanol or bleach does not prevent or cure covid-19 and can be extremely dangerous.
Methanol, ethanol, and bleach are poisons. Drinking them can lead to disability and death. Methanol, ethanol, and bleach are sometimes used in cleaning products to kill the virus on surfaces – however you should never drink them. They will not kill the virus in your body and they will harm your internal organs.
To protect yourself against COVID-19, disinfect objects and surfaces, especially the ones you touch regularly. You can use diluted bleach or alcohol for that. Make sure you clean your hands frequently and thoroughly and avoid touching your eyes, mouth and nose.
Fact: exposing yourself to the sun or temperatures higher than 25°c does not protect you from covid-19.
You can catch COVID-19, no matter how sunny or hot the weather is. Countries with hot weather have reported cases of COVID-19. To protect yourself, make sure you clean your hands frequently and thoroughly and avoid touching your eyes, mouth, and nose.
Fact: the covid-19 virus can spread in hot and humid climates.
The best way to protect yourself against COVID-19 is by maintaining physical distance of at least 1 metre from others and frequently cleaning your hands. By doing this you eliminate viruses that may be on your hands and avoid infection that could occur by then touching your eyes, mouth, and nose.
Fact: cold weather and snow cannot kill the covid-19 virus.
There is no reason to believe that cold weather can kill the new coronavirus or other diseases. The normal human body temperature remains around 36.5°C to 37°C, regardless of the external temperature or weather.
Who's science in 5 on covid-19 - myth busters - 9 september 2020, the covid-19 virus cannot be spread through mosquito bites.
To date there has been no information nor evidence to suggest that the new coronavirus could be transmitted by mosquitoes. The new coronavirus is a respiratory virus which spreads primarily through droplets generated when an infected person coughs or sneezes, or through droplets of saliva or discharge from the nose.
Hand dryers are not effective in killing the COVID-19 virus. To protect yourself, frequently clean your hands with an alcohol-based hand rub or wash them with soap and water. Once your hands are cleaned, you should dry them thoroughly by using paper towels or a warm air dryer.
Fact: people of all ages can be infected by the covid-19 virus.
Older people and younger people can be infected by the COVID-19 virus. Older people, and people with pre-existing medical conditions such as asthma, diabetes, and heart disease are more vulnerable to becoming severely ill with the virus.
WHO advises people of all ages to take steps to protect themselves from the virus, for example by following good hand hygiene and good respiratory hygiene.
Fact: antibiotics cannot prevent or treat covid-19.
Antibiotics work only against bacteria, not viruses.
COVID-19 is caused by a virus, and therefore antibiotics should not be used for prevention or treatment.
Authors : Jared Dominic Fernandez; Arya Kumar
Addresses : Department of Economics and Finance, Birla Institute of Technology and Science (BITS), Pilani 333031, Rajasthan, India ' Department of Economics and Finance, Birla Institute of Technology and Science (BITS), Pilani 333031, Rajasthan, India
Abstract : Stock markets across the globe were affected by the outburst of COVID-19 in early 2020. This attracted researchers to analyse and understand the implications of such sudden happenings on stock prices, more so by application of latest methodologies that are slowly finding greater relevance in social sciences. This study uses econometric and machine learning techniques to measure the impact of the COVID-19 pandemic and predict the future trend of the stock market in India. This paper attempts to examine the reliability of traditional methods and machine learning techniques to establish their relevance in predicting stock market trends. The study also uses variable perturbation and least absolute shrinkage and selection operator (LASSO) to identify which variables have more significant predictive weightage in the machine learning models. The study reveals that machine learning models outperform econometric models in their predictive power amidst more significant uncertainty. Moreover, a gated recurrent unit (GRU) model is able to capture the stock market dip and gradual recovery much better than a long short-term memory (LSTM) model. The findings of the study reveal that the number of cases and deaths had a significant impact on stock prices and predictive ability to forecast the NIFTY close price.
Keywords : stock market prediction; machine learning; long short-term memory; LSTM; gated recurrent unit; GRU; variable perturbation; COVID-19; NIFTY; Indian stock market.
DOI : 10.1504/IJBISE.2024.139145
International Journal of Business Intelligence and Systems Engineering, 2024 Vol.2 No.1, pp.1 - 22
Received: 10 Mar 2022 Received in revised form: 02 Nov 2022 Accepted: 09 Nov 2022 Published online: 15 Jun 2024 *
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COMMENTS
To explore the impact of coronavirus disease 2019 (COVID-19) on small businesses, we conducted a survey of more than 5,800 small businesses between March 28 and April 4, 2020. Several themes emerged. First, mass layoffs and closures had already occurred—just a few weeks into the crisis. Second, the risk of closure was negatively associated ...
Abstract. This study looked at the impact of the Coronavirus Disease 2019 (COVID-19) pandemic on the revenues of small businesses operating in industrial sectors and at the extent to which these businesses changed or adjusted their business activity, or changed the extent to which they utilized open innovation tools and implement innovation ...
NBER WORKING PAPER SERIES THE IMPACT OF COVID-19 ON SMALL BUSINESS OWNERS: EVIDENCE OF EARLY-STAGE LOSSES FROM THE APRIL 2020 CURRENT POPULATION SURVEY ... research to study determinants of business ownership (e.g. recently, Levine and Rubenstein 2017, Wang 2019, Fairlie and Fossen 2019). The data allow for an analysis of recent trends in
Effects of COVID-19 on business and research. ... A Commentary in the Shadow of the Covid-19 Pandemic." The paper highlights that social distancing is prompting educational institutions to rethink how they are connecting with their student bodies. ... Anirban Adhikary, and Sourav Bikash Borah contributed with "Covid-19 Impact on Supply ...
Overall, our paper contributes to our understanding of the economic impact of COVID-19 on the small business ecosystem. The fate of the 48% of American workers who work in small businesses is closely tied to the resilience of the small business ecosystem to the massive economic disruption caused by the pandemic.
COVID-19 j small businesses j CARES Act I n addition to its impact on public health, coronavirus disease 2019 (COVID-19) has caused a major economic shock. In this paper, we explore the impact of COVID-19 on the small business landscape in the United States, focusing on three ques-tions. First, how did small businesses adjust to the economic
The COVID-19 outbreak is a sharp reminder that pandemics, like other rarely occurring catastrophes, have happened in the past and will continue to happen in the future. ... Effects of COVID-19 on business and research J Bus Res. 2020 Sep:117:284-289. doi: ... there are 13 papers that cover different industry sectors (e.g., tourism, retail ...
Social distancing restrictions and demand shifts from COVID-19 are expected to shutter many small businesses, but there is very little early evidence on impacts. This paper provides the first analysis of impacts of the pandemic on the number of active small businesses in the United States using nationally representative data from the April 2020 ...
To explore the impact of coronavirus disease 2019 (COVID-19) on small businesses, we conducted a survey of more than 5,800 small businesses between March 28 and April 4, 2020. Several themes emerged. First, mass layoffs and closures had already occurred—just a few weeks into the crisis. Second, the risk of closure was negatively associated ...
In light of COVID-19's far-reaching impact on all areas of life, and especially on the economy and the business sector, the aim of the present study was to investigate the pandemic's effect on the scope of operations and the revenues of small businesses in industrial sectors, and the extent to which adjustments or changes were made to ...
The impact of Covid‐19 on small business owners: Evidence of early‐stage losses from the April 2020 Current Population Survey. Stanford University (SIEPR) Working Paper No. 20‐022, May 23. ... National Bureau of Economic Research Working Paper No. 25350. Parker, S. C. (2018). The economics of entrepreneurship. Cambridge, UK: Cambridge ...
The impact of COVID-19 on small business owners: Evidence from the first three months after widespread social-distancing restrictions. ... (2020). The potential impact of COVID-19 on GDP and trade: a preliminary assessment. World Bank Policy Research Working Paper, (9211). Accessed 15 May 2021. Marshall MI, Schrank HL. Small business disaster ...
in the wake of COVID-19, including unemployment, mental illness, and addiction; and, (3) the importance of moderating factors (e.g., age, race and ethnicity, gender, personality, family status, and culture) for which there are likely to be disparate COVID-19 impacts.
The results are based on a novel data set collected by the World Bank Group and several partner institutions in 51 countries covering more than 100,000 businesses. The paper provides several stylized facts. First, the COVID-19 shock has been severe and widespread across firms, with persistent negative impact on sales.
The impact of COVID-19 on small business outcomes and expectations. To explore the impact of coronavirus disease 2019 (COVID-19) on small businesses, we conducted a survey of more than 5,800 small businesses between March 28 and April 4, 2020. Several themes emerged. First, mass layoffs and closures had already occurred - just a few weeks into ...
Although there has been a burgeoning scholarly interest in the effects of COVID-19, the current stream of research remains scattered in different business and management fields and domains. Accordingly, integrative knowledge is needed to drive poignant and relevant examinations of the phenomenon. This study attempts to fill this gap by providing a synthesis of the literature, patterns of ...
The impact on research in progress prior to COVID-19 was rapid, dramatic, and no doubt will be long term. The pandemic curtailed most academic, industry, and government basic science and clinical ...
The COVID-19 pandemic has disrupted every facet of life globally. Business and commerce are key areas where the monetary crunch has been acutely felt. This study aims to analyze the various key changes in entities' activities to evaluate the level of business performance in response to the COVID-19 pandemic. For this purpose, we use panel ...
This article investigates the impact of the COVID-19 pandemic on logistics and supply chain processes through a two-phase analysis. First, a literature review maps the existing studies, published from 2021 to 2023 (101 papers), offering a view of the multiple challenges faced by supply chains during the pandemic emergency. The literature analysis makes use of descriptive statistics, thematic ...
COVID-19 has, for the first time, elevated the importance of the physical dimension of work. In this research, we develop a novel way to quantify the proximity required in more than 800 occupations by grouping them into ten work arenas according to their proximity to coworkers and customers, the number of interpersonal interactions involved ...
The COVID-19 outbreak has posed an unprecedented challenge to humanity and science. On the one side, public and private incentives have been put in place to promptly allocate resources toward research areas strictly related to the COVID-19 emergency. However, research in many fields not directly related to the pandemic has been displaced. In this paper, we assess the impact of COVID-19 on ...
This paper investigates the importance of the age composition for pandemic policy design. To do so, it introduces an economic framework with age heterogeneity, individual choice, and incomplete information, emphasizing the value of testing. Calibrating the model to the US Covid-19 pandemic reveals ...
The disruptions in maritime shipping related to the COVID-19 pandemic and their effects on merchandise imports can be divided into two distinct halves. [2] In the first half of 2020, U.S. maritime container imports declined 7.0 percent, by volume, compared to the same period in 2019, while in the second half of 2020 there was a large increase in container imports. [3]
If COVID-19 was a defining health event, the global responses to COVID-19 were a defining health policy experience (4, 5).The swiftness of global responses, their extensiveness, and direct implications for billions of people's lives were historically unique: The responses to the 1918 influenza pandemic, in comparison, were largely localized, while the global response to the HIV pandemic was ...
New research on finance from Harvard Business School faculty on issues and topics including corporate investment, governance, and accounting management. ... and Benjamin Roth challenges long-held assumptions about impact investing and reveals where such funds make the biggest difference. ... But when the Covid-19 pandemic caused huge increases ...
Anyone can get COVID-19, also called coronavirus disease 2019, including children.Find out about the symptoms, testing and medical issues linked to COVID-19 in children. And learn how to help prevent COVID-19, especially in children at high risk of serious illness.
COVID-19 pandemic has severely impacted the crude, stock market, gold and metals and almost all areas of the global market [ 1 ]. Large research laboratories and corporate houses are working with a high speed to develop medicines and vaccines for the prevention and treatment of this dreaded disease. To deal with these current health management ...
This research investigates whether leveraging particular social networks (bonding, bridging, and linking) to obtain financial and informational access influences small business perceptions of recovery. Data was collected through a survey of 200 businesses in Salt Lake City, UT affected by the COVID-19 pandemic and analyzed using logistic ...
The virus that causes COVID-19 is in a family of viruses called Coronaviridae. Antibiotics do not work against viruses. Some people who become ill with COVID-19 can also develop a bacterial infection as a complication. In this case, antibiotics may be recommended by a health care provider. There is currently no licensed medication to cure COVID-19.
International Journal of Business Intelligence and Systems Engineering; 2024 Vol.2 No.1; Title: A machine learning perspective of the impact of COVID-19 on the Indian stock market Authors: Jared Dominic Fernandez; Arya Kumar. Addresses: Department of Economics and Finance, Birla Institute of Technology and Science (BITS), Pilani 333031, Rajasthan, India ' Department of Economics and Finance ...