The Impact of A "Reverse Radical" Recovery On Innovation

There's been a lot of alphabetical speculation about the shape of the economic recovery from the coronavirus recession, with V,- W-, U-, and L-shaped recoveries bandied about (along with nonletter shapes like the "swoosh"). Recently, economic opinion has been converging around the "reverse radical" shape, with a quick recovery but one stopping at a lower plateau than the pre-crisis level. What does this model mean for how innovation leaders should think about planning for opportunities in the aftermath of the pandemic?