This study contributes to innovation and crisis research by analyzing the COVID-19 pandemic’s impact on enterprise innovativeness. We hypothesize that innovative activity both in the form of creative destruction and creative accumulation evolved from adjustments to structural changes during the pandemic. We reviewed scientific articles that focused on COVID-19 and business changes in Central European countries and Russia as well as conducted research in Poland and the Czech Republic. We found both creative destruction and creative accumulation and that early innovative adjustments may turn into structural changes that could lead to improved public health standards, greater digitalization and more sustainable business models as firms continue to cope with epidemic risks. The practical implication is that support for these transformations is needed, to mitigate future pandemics and make businesses more resilient to future pandemic-related crises. [ FROM AUTHOR] Copyright of Innovation: The European Journal of Social Sciences is the property of Routledge and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full . (Copyright applies to all s.)
From adjustment to structural changes – innovation activity of enterprises in the time of COVID-19 pandemic