Solutions and research directions to the COVID-19 pandemic at the economy, industry and business levels: A literature review

This article responds to the contemporary challenges of COVID-19 that require a structured approach to the analysis of research areas undertaken by researchers around the world. It identifies solutions in response to the COVID-19 crisis at the level of the economy, industries and business, as well as the areas for further research in this field. The literature and narrative reviews were used to select sources and analyze. Using the “COVID-19” keyword included in the 1) Title, the Scopus database showed 142,521 results that iteratively narrowed down to 2) Title, Abstract, Keywords were searched within these results, taking into account the following keywords: “economy,” “industry,” “business,” 3) Subjects areas: Business, Management and Accounting; Social Sciences; Environmental Science; Economics, Econometrics and Finance; Energy; Agricultural and Biological Sciences; Engineering; Arts and Humanities; Earth and Planetary Sciences; Decision Sciences; Multidisciplinary – showing 144 results; then published 4) Articles, in the 5) Journal, in 6) English, 7) All Open Access – creating the result including 63 articles and finally limited to 43. The research review allowed for the division of articles into four main research areas in which the impact of COVID-19 was determined: economy and industry, value chains, tourism and hospitality, business, and management. As a consequence, the review of these studies, the directions of solutions, and the directions for further research were indicated. The research discussed in this article may contribute to identifying research gaps using a more rigorous research approach. For practitioners, provided a condensed overview of what was happening in the economy, industry, and business in the COVID-19 era. This is the interdisciplinary research review that addresses the economic, industry, and business impact of COVID-19, aimed at identifying solutions proposed by governments and enterprises during COVID-19 and future research directions.