Hidden Champion Businesses: The Way to Revitalize the Economy of Newfoundland and Labrador for Post-Covid-19 Era

The effect of a collapse in oil prices coupled with a province-wide lockdown due to the COVID-19 outbreak will have a significant impact on the economic future of NL. A spiking unemployment rate due to job losses in the services and tourism sector will be difficult to mitigate in the short to medium-term; if not handled, it could easily ripen into a larger societal issue in the long-term. The main emphasis of the research will be placed on analyzing Newfoundland and Labrador, seeking to discover some possible hidden champions in these markets as well as some of the key success factors that encourage the growth and success of globally minded hidden champions.

Intern: 
Mitchell Joyce
Faculty Supervisor: 
Chansoo Park
Province: 
NL
Partner University: 
Program: