Digital Transformation as a Source of Innovative Growth for Small and Medium Enterprises in Russia

2020 ◽  
pp. 131-154
Author(s):  
Tatiana Kokuytseva ◽  
Oksana Ovchinnikova
Keyword(s):  
Small And Medium Enterprises ◽  
Digital Transformation ◽  
Medium Enterprises

scholarly journals COVID-19 - Digital Transformation and Digital Competency

2021 ◽  
Vol 9 (3) ◽  
Author(s):  
P Venkat Kamesh
Keyword(s):  
Digital Literacy ◽  
Small And Medium Enterprises ◽  
Developed Countries ◽  
Digital Transformation ◽  
Common People ◽  
Working Paper ◽  
The World ◽  
Digital Payments ◽  
Medium Enterprises ◽  
The Impact

The COVID-19 pandemic has caused serious and long-term disturbances in people's lives all over the world, in both developing and developed countries. This has led to financial crisis and great depression in the GDPs of many countries. It has not only impacted the Multi-National Businesses (MNCs) but also disturbed the Small and Medium Enterprises (SMEs) and life’s of man vulnerable people. As the crisis continues, the pandemic's pervasive impacts, which have affected every part of our communities, continue to unfold, leaving profound marks on people's livelihoods and countries' economies that are likely to persist for several years after the pandemic has ended. As part of the global response to COVID-19, the digital technology industry especially Fintech (Financial Technology) has been instrumental in creating and delivering services and technologies that have mitigated, at least in part, the pandemic's effect on multiple aspects of people's lives in every part of the world. The Fintech companies and Start-ups have played a tremendous role in mitigating the inconvenience for the common people by implementing the next generation solutions for everyone and the people were quick to adopt to such a change. The interest and surge of usage of Fintech applications (Digital applications related to Finance/Payments/Banking/Ecommerce) carries in preserving people’s livelihoods and businesses that have been, and continue to be, threatened by the pandemic COVID-19. This working paper will discuss about the impact of digital payments in the developing country like India during COVID-19, Pre-COVID-19, evolution of digital transformation in India from the past few years, People adoption to digital technologies, digital literacy intensification in emerging markets and also discusses the future trends of Fintech and its impact on consumers and businesses even after the pandemic ends.

scholarly journals Digital transformation barriers for small and medium enterprises in Vietnam today

2021 ◽  
Vol 7 (3A) ◽  
pp. 416-426
Author(s):  
Nguyen Thanh Hai
Keyword(s):  
Human Resources ◽  
Business Strategy ◽  
Positive Impact ◽  
Small And Medium Enterprises ◽  
Digital Transformation ◽  
State Agencies ◽  
Business Associations ◽  
Business Results ◽  
Medium Enterprises ◽  
It Human Resources

This article studies the digital transformation barriers for small and medium enterprises (SMEs) in Vietnam today. To carry out the study, we conducts a survey on small and medium-sized enterprises in Vietnam, then uses the SEM model to analyze the collected data. Our research results show that three main resources (including IT, human resources and business strategy) have a positive impact on the digital transformation of SMEs; however, these factors are the barriers to the digital transformation of these enterprises. In addition, digital transformation has a positive impact on the business results of SMEs. From there, the article proposes some recommendations to small and medium enterprises, business associations and state agencies for the success of the digital transformation.

Contract Guidelines and Scope Building for Digital Transformation and ERP Projects

2021 ◽  
pp. 240-264
Author(s):  
Mohamed A. Raouf
Keyword(s):  
Information Technology ◽  
Enterprise Resource Planning ◽  
Small And Medium Enterprises ◽  
Resource Planning ◽  
Building Blocks ◽  
Digital Transformation ◽  
Limited Time ◽  
Erp Software ◽  
Medium Enterprises ◽  
Structured Planning

When an organization decides that it is time to invest in a digital transformation journey or even in an enterprise resource planning (ERP) software, it is going to make a big decision. This will significantly impact most elements that contribute to its success and growth. Organized and structured planning and preparation will be required from different aspects. This chapter describes the key success—or failure—factors in implementation focusing on small and medium enterprises (SMEs). SMEs usually have limited time, resources, skills, and budget compared to large firms. Throughout the journey of transformation, they need to focus on scoping and contracting phases distinguishing between digital transformation and regular information technology contracts. This chapter defines the building blocks to have a successful transformation. Contracting and scoping are considered at the heart of managing the complete digital transformation journey.

Digital Transformation Process and the Capability and Capacity Implications for Small and Medium Enterprises

2020 ◽  
Vol 10 (2) ◽  
pp. 26-44
Author(s):  
Samuel Anim-Yeboah ◽  
Richard Boateng ◽  
Raphael Odoom ◽  
Emmanuel Awuni Kolog
Keyword(s):  
Developing Economies ◽  
Small And Medium Enterprises ◽  
Organizational Capacity ◽  
Transformation Process ◽  
Digital Transformation ◽  
Digital Platforms ◽  
Process Framework ◽  
Stage Process ◽  
Capital Development ◽  
Medium Enterprises

This study investigates the concept of the digital transformation process and related capability implications for small and medium enterprises (SMEs) in developing economies. A qualitative exploratory study was conducted, involving eight SMEs on an e-commerce platform in Ghana. The findings show that digital transformation among SMEs follows a four-stage process of digital technology initiation, changes to functions and processes, management of the resulting skills gap, and a strategic shift, which is also driven by managerial cognition, social capital development, human capital development, and organizational capacity building. These findings resulted in an inductively-derived process framework for the digital transformation of SMEs that expands the knowledge and understanding of digital transformation for SMEs. The study also provides users of digital platforms with dynamic managerial capability strategies for achieving digital transformation and effective e-commerce platform utilization in developing economies, which are essential for research, practice, and policy.

Assessment of ICT policies for digital transformation in Colombia: technology readiness for IoT adoption in SMEs in the trading sector

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Diana Teresa Parra-Sánchez ◽  
Leonardo Hernan Talero-Sarmiento ◽  
Cesar Dario Guerrero
Keyword(s):  
Information And Communication Technologies ◽  
Small And Medium Enterprises ◽  
Descriptive Analysis ◽  
Digital Transformation ◽  
Technology Readiness ◽  
Policy Enforcement ◽  
Chi Square ◽  
Content Type ◽  
Ict Adoption ◽  
Medium Enterprises

Purpose This paper aims to assess information and communication technologies (ICT) policies for digital transformation in Colombia to determine their effectiveness in technology readiness for Internet of Things (IoT) adoption in small and medium enterprises (SMEs) in the trading sector. Design/methodology/approach The authors conducted a longitudinal study using the ICT module of the Annual Trade Survey (2017–2018) to determine the relationship between SMEs in the trading sector adopting ICT applications and ICT policy enforcement. In this sense, this study applied a chi-square test for independence and addressed a descriptive analysis to determine SMEs’ causes for adopting or rejecting ICT applications. Findings This study presents the state of ICT adoption in Colombian SMEs in the trading sector between 2017 and 2018, highlighting that technology readiness is crucial for adopting technological trends. Research limitations/implications The data source used for the study is only available for analysis one year after implementing ICT policies focused on digital transformation. Practical implications The results support the need for the National Government to formulate IoT policies that favor the adoption of e-commerce based on IoT technologies in SMEs in the trading sector. Social implications IoT adoption can mitigate e-commerce problems strengthening SMEs’ competitiveness in the trading sector leading the digital transformation in Colombia. Originality/value This study presents the need to formulate IoT policies in Colombia focused on deploying IoT applications to strengthen e-Commerce in SMEs in the trading sector.

scholarly journals Towards Managing Digital Transformation in Manufacturing Industry: Theoretical Framework

2021 ◽  
Author(s):  
Yasser Omar Abdallah ◽  
Essam Shehab ◽  
Ahmed Al-Ashaab
Keyword(s):  
Manufacturing Industry ◽  
Business Processes ◽  
Small And Medium Enterprises ◽  
Theoretical Framework ◽  
Transformation Process ◽  
Manufacturing Firms ◽  
Digital Transformation ◽  
Clear Definition ◽  
Medium Enterprises ◽  
A Current

Although digital transformation has been extensively researched in recent years, there is no clear definition, especially in the manufacturing industry. In addition, there is no oblivious model for the current manufacturing firms to be digitally transformed. As a part of a current research project, this paper proposes a framework for the digital transformation process in the manufacturing industry to be used and applied by various firms, especially small and medium enterprises (SMEs). The proposed framework combines the four main aspects of Digital transfroamtion in an integrated way. These four areas are Peaple, Strategy and Leadership, Business Processes, Enabling Technologies and Tools. The framework balances between the management and technological aspects of Digital Transformation implementation inside the manufacturing organisation.

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