The pandemic of the COVID-19 virus originated from China in December 2019, and since then it has significantly affected the world’s economy and all sectors of life. This review will highlight the impact of COVID-19 on entrepreneurship. Due to preventive measures taken by governments to limit virus transmission, there was a prodigious disruption socially and economically to entrepreneurship, at different levels, of which small scale businesses and startups were among the most vulnerable. The adverse impact was observed in businesses worldwide and most of the newly formed businesses and startups were compelled to dismiss their employees, leading to issues such as widespread unemployment, lack of productivity, and the downturn of economies. COVID-19 also impacted the global supply chain, which resulted in a contraction of the worldwide economy. Many entrepreneurs and startups faced a significant reduction in revenue due to the impact on the global supply chain of both goods and services. In this article, we have discussed the challenges which entrepreneurs have experienced in the catastrophic time of COVID-19, and the measures taken by them to protect their ventures. It can be concluded that COVID-19 has significantly caused disruption to economies and entrepreneurship, and has posed several unprecedented challenges, however, the absolute impact remains unclear, as more in-depth longitudinal studies are required to better investigate this issue.

中文翻译：

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COVID-19对全球创业精神的影响

COVID-19病毒的大流行起源于2019年12月，自那时以来，它已严重影响了世界经济和生活的各个领域。这次审查将重点介绍COVID-19对企业家精神的影响。由于政府采取了预防措施来限制病毒传播，因此在社会和经济上对企业家精神造成了巨大的破坏，其影响程度不一，其中小规模的企业和初创企业是最脆弱的群体。在全球的企业中都观察到了不利影响，大多数新成立的企业和初创公司被迫解雇雇员，从而导致诸如普遍失业，生产力不足和经济衰退等问题。COVID-19还影响了全球供应链，导致全球经济萎缩。由于商品和服务对全球供应链的影响，许多企业家和初创企业面临着收入的大幅减少。在本文中，我们讨论了企业家在COVID-19灾难性时期所经历的挑战，以及他们为保护自己的企业所采取的措施。可以得出结论，COVID-19已严重破坏了经济和企业家精神，并提出了一些前所未有的挑战，但是，由于需要进行更深入的纵向研究以更好地调查此问题，因此绝对影响尚不清楚。我们讨论了企业家在COVID-19灾难性时期所经历的挑战，以及他们为保护自己的企业所采取的措施。可以得出结论，COVID-19已严重破坏了经济和企业家精神，并提出了一些前所未有的挑战，但是，由于需要进行更深入的纵向研究以更好地调查此问题，因此绝对影响尚不清楚。我们讨论了企业家在COVID-19灾难性时期所经历的挑战，以及他们为保护自己的企业所采取的措施。可以得出结论，COVID-19已严重破坏了经济和企业家精神，并提出了一些前所未有的挑战，但是，由于需要进行更深入的纵向研究以更好地调查此问题，因此绝对影响尚不清楚。