Academy of Marketing Studies Journal (Print ISSN: 1095-6298; Online ISSN: 1528-2678)

Abstract

The Impact of Covid-19 Pandemic Outbreak on Entrepreneurship and Entrepreneurial Activities: Analysis of the Different Entrepreneurial Sectors

Author(s): Balqees Naser, Michael J. Kloep

In history, infectious diseases such as viruses, bacteria, parasites or fungi are known to be brutal killers with killing a large population percentage globally. Among the infectious diseases, COVID-19 (considered as global pandemic) seem not to be much deadly (Daily Sabah, 2020). COVID-19 originated in Wuhan, China in December 2019 with around 98% population affected (around 470,000 cases globally till March 26th) and now spread globally (Walsh, 2020). The sudden outbreak of this pandemic there is devasting impact on the world economy, environment, education, health, stock/financial markets, business sectors and many other sectors around the World. Medical and health cost for treatments and controlling of the outbreak, restrictions on the business, transportation and overall lockdown around the world significantly disrupts the successful functionality of different sectors. Overall, the global crisis occurs due to the outbreak of infected diseases.

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