The tech-novation pathway from pandemic to prosperity: a post Covid-19 roadmap for African economy

The tech-novation pathway from pandemic to prosperity: a post Covid-19 roadmap for African economy

Ayodeji A. Aduloju, Temitayo A. Adedoyin

While the post-colonial African economy remains the poorest performing economy globally, the outbreak of the Coronavirus pandemic has further gravely aggravated its precarious position in the world. This study reflects on the multiple impacts of Covid-19 on African economy and suggests a pathway for its revitalization in the post Covid-19 environment. Undoubtedly, the Covid-19 pandemic has brought the world to a temporary halt, with its attendant bruises mostly notable on the economies of almost all African countries. This paper empirically analyse the incapacitation of African states in providing some strategic responses to the economic wreckages caused by the pandemic. Using technological-determinism as a theoretical framework, this study suggests the technological-innovation pathway as a bridge between the pandemic-induced economic circumstances and prosperity for Africa. Sequentially, the five junctions on the pathway splits as pulling, recovery, innovations, growth, and sustainability (PRIGS), but, however, the kernel of the discussion revolves around the commodification of innovation (technology) for Africa’s economic growth and development. This study concludes, the five junctions on the PRIGS’ highway absorbs the current developmental challenges of African states and hence, recommends an alternative roadmap for Africa, in its long-term quest and vision for development

2020

covid-19, innovation, Technology, recovery, managerial control, pulling, development service industry, managerial risks

10.46224/ecoc.2020.3.1

Epidemiology and Health

Korean Society of Epidemiology

Management. Industrial management