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260514

An assessment for e-negotiation impact on businesses during COVID19 through economic analysis: Case of Egypt

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Last updated: 22 Jan 2023

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Abstract

This study focuses on how to grasp interdisciplinary field relations to interpret how negotiation can be applied using technology in a country to accelerate economic activities. To assess the impact of using information technology via negotiation precisely using reliable measures on the macro level is difficult. Still, negotiation is a practice that is done almost daily as it become mainstream in business communication. This reality involves that while using technology we use e- negotiation to maximize benefit. Many reasons can justify the choice of e-negotiation it is simply in all business transitions, it happens through professional, formal, or informal communications, inter and/or intra organization relies solely on negotiation in every decision made. Currently, after COVID19 using virtual technology is accelerated and organizations are on it to accelerate their economic activities. This paper investigates the impact of using virtual technology (VT) on the country's economic growth using the Egyptian economy data. An indirect, unorthodox study correlating overall economic health during COVID19 with management processing executed online, and using the e–negotiation.  To conclude this paper attempts to read the viability of the VT usability in business in Egypt by reading for overall country economic performance. This paper focuses on studying the acceleration of the integration of the digital economy during and moving on from COVID19 testing in an indirect correlation whether e-negotiation succeeded in Egypt in supporting business growth or has hindered the process when performed online? The paper deploys a co-integration test of the series using the ARDL boundary test approach. Results showed that the series move together in the long run. Findings show that digital increases economic growth and no evidence that e-negotiation creates a blocking factor in the face of economic growth. The proposed econometric model offers great insights into just how crucial digitalization is to Egypt's economic and social future. 

DOI

10.21608/jsec.2022.260514

Keywords

Negotiation, COVID19, technology, Economic growth, Egypt

Authors

First Name

Cherine

Last Name

Soliman

MiddleName

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Affiliation

Graduate School of Business, Arab Academy for Science, Technology and Maritime

Email

cherine.soliman@aast.edu

City

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Orcid

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First Name

دعاء

Last Name

سلمان

MiddleName

-

Affiliation

economics- faculty of management sciences- october university for modern sciences and arts (MSA)

Email

dsalman@msa.edu.eg

City

القاهره

Orcid

0000-0001-5050-6104

Volume

52

Article Issue

3

Related Issue

36801

Issue Date

2022-10-01

Receive Date

2021-11-02

Publish Date

2022-10-01

Page Start

115

Page End

138

Print ISSN

2636-2562

Link

https://jsec.journals.ekb.eg/article_260514.html

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https://jsec.journals.ekb.eg/service?article_code=260514

Order

3

Type

المقالة الأصلية

Type Code

914

Publication Type

Journal

Publication Title

المجلة العلمية للإقتصاد و التجارة

Publication Link

https://jsec.journals.ekb.eg/

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Article

Created At

22 Jan 2023