Surviving a fierce destruction: how the COVID-19 lockdown affected research and development in South African businesses

SOURCE: HSRC Review
OUTPUT TYPE: Journal Article
PUBLICATION YEAR: 2020
TITLE AUTHOR(S): S.Mavi, L.Zondi, K.Ramoroka, C.Bailey, N.Mustapha
KEYWORDS: BUSINESS ECONOMICS, COVID-19 LOCKDOWN, DEVELOPMENT
DEPARTMENT: Centre for Science, Technology and Innovation Indicators (CESTII)
Print: HSRC Library: shelf number 11682
HANDLE: 20.500.11910/16027
URI: http://hdl.handle.net/20.500.11910/16027

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Abstract

The COVID-19 pandemic has disrupted our personal and professional lives. Uncertainty can sometimes compel us to achieve extraordinary things. John F Kennedy once stated that 'crisis' in Chinese was composed of two characters: one representing danger, the other opportunity. This ancient Chinese wisdom offers a fresh approach and a rich perspective in looking at the word. According to this philosophy, the word is like a double-edged sword. One side refers to danger the health system challenges and economic havoc. The other side, which is perhaps the sharper edge, refers to opportunity.