An assessment for e-negotiation impact on businesses during Covid19 through economic analysis: case of Egypt

Abstract EN

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.