Konferenzbeitrag

Impact of Covid-19 on e-Commerce in the European Union

The advent of the 4th Industrial Revolution has made it inevitable for firms worldwide to modify their business models to integrate ICTs into their operations. The lockdown measures to contain the COVID-19 pandemic appear to have accelerated this process as many businesses, particularly in the hospitality industry, had to shut down their operations. Others also had to resort to conducting their businesses solely online. Thus, it has been argued that e-commerce has thrived during the lockdown period. Concentrating on the current 27 European Union (EU) member countries, this paper seeks to answer the following question: To what extent the COVID-19 impacted e-commerce has? Trend analyses and a paired samples t-test are used to compare the mean percentage of enterprises with e-commerce sales before the pandemic and the first year. The study finds a significant increase in the percentage of enterprises that made e-commerce sales during the first year of the pandemic compared to the previous year (t=-2.06; df=25). Except for the western EU member countries, all other regions increased the percentage of enterprises that made e-commerce sales, with the southern EU countries witnessing the highest increase.

Language
Englisch

Bibliographic citation
In: Proceedings of the ENTRENOVA - ENTerprise REsearch InNOVAtion Conference, Hybrid Conference, Zagreb, Croatia, 9-10 September 2021 ; Year: 2021 ; Pages: 86-95 ; Zagreb: IRENET - Society for Advancing Innovation and Research in Economy

Classification
Wirtschaft
IT Management
International Business Administration
Technological Change: Choices and Consequences; Diffusion Processes
Economywide Country Studies: Latin America; Caribbean
Subject
4th Industrial Revolutio
COVID-19
e-commerce
European Union
digital divide

Event
Geistige Schöpfung
(who)
Yaw Acheampong, Timothy
Event
Veröffentlichung
(who)
IRENET - Society for Advancing Innovation and Research in Economy
(where)
Zagreb
(when)
2021

DOI
doi:10.54820/VPRD4547
Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Konferenzbeitrag

Associated

  • Yaw Acheampong, Timothy
  • IRENET - Society for Advancing Innovation and Research in Economy

Time of origin

  • 2021

Other Objects (12)