scholarly journals The Importance of Digital Transformation in International Business

2022 ◽  
Vol 14 (2) ◽  
pp. 834
Author(s):  
Carla Santos Pereira ◽  
Natercia Durão ◽  
Fernando Moreira ◽  
Bruno Veloso
Keyword(s):  
International Business ◽  
New Technologies ◽  
Digital Transformation ◽  
Digital Tools ◽  
Internationalization Process ◽  
International Expansion ◽  
Foreign Markets ◽  
Main Activity ◽  
The Impact ◽  
Practical Implications

This study was developed under the scope of a Portuguese project focused on the entrepreneur’s perspective and perception on the internationalization process of his company: more specifically, about the factors that enhanced the company entry into foreign markets as well as the constraints found in this process. This work focuses on the importance of using digital transformation to integrate technological tools in international business practice and strategy and the obstacles encountered with introducing these new technologies. This study aims to determine the relationships between technology categories and obstacles. The final goal is to assess the impact of these characteristics of the companies by the sector of economic activity, size, and percentage of profits resulting from international expansion. A questionnaire was designed and sent by email to 8183 companies from the AICEP database, distributed by three main activity sectors. A total of 310 valid answers were gathered from the Portuguese internationalized companies. The research limitations are related to the reduced number of interviews. These interviews showed that managers were not aware of the concept of digital transformation and misunderstood the use of digital technologies in the internationalization process of the business. This limitation can add some bias to the qualitative results. In addition to these limitations, the number of responses per sector was also not homogeneous. The practical implications of this study are that managers and top-level executives can use that to better understand how companies could use digital tools and what obstacles they should avoid when they want to internationalize their business. This paper is one of the first research contributions to analyze the impact of digital transformation in the internalization of Portuguese companies.

scholarly journals The Challenge of Digital transformation in Public Health in Europe?

2019 ◽  
Vol 29 (Supplement_4) ◽  
Author(s):  
L Velez-Lapão
Keyword(s):  
Public Health ◽  
Health Professionals ◽  
Technology Use ◽  
New Technologies ◽  
Digital Transformation ◽  
Public Health Workforce ◽  
Public Health Professionals ◽  
Healthcare Workforce ◽  
Digital Services ◽  
The Impact

Abstract Background Healthcare systems are facing many challenges, from demographics to multi-morbidities that are associated with increasing the demand for more services. The new technologies are thought to be a solution to these problems. However, to address these problems with digitalization of healthcare it will imply the combination of proper use of technologies, aligned with integrated working-processes and skilled professionals. Methods This study provides a scoping review on existing public health digital services and aimed to identify the main digitalization challenges, from competencies to technology use. The databases of Pubmed and Ebsco were searched. Results 17 papers were selected, and the three main priorities were identified. First, it will highlight the challenges associated with the digitalization of healthcare, the second the implementation of digital services, considering a method to design online service, the third the impact of digitalization on healthcare workforce performance. An overview of the major effects of transformative technologies (e.g. eHealth services, Internet of Things solutions, Artificial Intelligence) on the healthcare workforce will be addressed. Moreover, to what extent is the digital transition affecting formal qualifications of public health professionals? What are the major implications of technological change for future skill needs and competences of the public health workforce? Finally, the discussion examines the challenges of digitalization for public health services in Europe. Conclusions Proper digitalization of healthcare will enable changes in the paradigm of healthcare delivery as well as in the mechanism for patients’ participation and engagement. The sustainability of healthcare will depend on how efficient we will make digital-services design. Key words Digital health, Public Health, Digital Transformation, Public Health professionals, Europe

Extreme luxury fashion: business model and internationalization process

2017 ◽  
Vol 34 (3) ◽  
pp. 403-424 ◽  
Author(s):  
Simone Guercini ◽  
Matilde Milanesi
Keyword(s):  
Business Model ◽  
Business Models ◽  
Theory And Practice ◽  
Internationalization Process ◽  
International Expansion ◽  
Foreign Markets ◽  
Content Type ◽  
Positive Side ◽  
Unique Approach

Purpose The purpose of this paper is to identify the defining characteristics of the extreme luxury fashion business model (ELFBM) and the relationship between this business model and the process of firm internationalization. The paper examines the potentially positive outcomes of differences and distances in the internationalization process of extreme luxury fashion companies. Design/methodology/approach The paper presents and discusses the data collected during a five-year case analysis of an Italian luxury company. The main characteristics of the business model are identified in terms of products, manufacturing and sourcing, distribution channels, marketing communications and overall characteristics of consumers. The internationalization process is described, with a focus on the Russian market as an emblematic case, highlighting the role of distances – geographic, psychic and cultural – and liabilities, namely foreignness and outsidership in the international expansion of the firm. Findings The findings of this paper highlight the main features and specific traits of the ELFBM characterized by a global and unique approach to the offer. This business model has in its origin the demand from certain foreign markets, and the elements of the country of origin of the firms coexist and are enhanced by the presence of specific characteristics of the destination countries in terms of niche consumers with economic and cultural characteristics and a strong perception of “Made in” and luxury goods. Originality/value The paper contributes to previous studies on the relationships between business models and internationalization. It provides a framework for the “ELFBM,” in which internationalization is a constitutive element of a specific business model rather than a strategy for a business model already defined. Examining the positive side of differences and distances in the internationalization process of firms adopting such business model, the paper contributes to the international business theory and practice. It also expands research on luxury fashion defining an international company which is under-investigated, the extreme luxury fashion company, and the elements that constitute its business model.

scholarly journals Learning-by-export effects in the russian software industry

2018 ◽  
pp. 38-49
Author(s):  
E. O. Bozheva
Keyword(s):  
New Technologies ◽  
New Products ◽  
Spillover Effects ◽  
Absorption Capacity ◽  
Innovation Activity ◽  
Local Market ◽  
Transfer Of Knowledge ◽  
Foreign Markets ◽  
Innovation Activities ◽  
The Impact

Learning-by-export effects exist due to the nature of the creation, accumulation, transfer of knowledge, as well as the companies’ absorption capacity to accumulate and adapt the best experience, competences borrowed from abroadwithin the organization. The length and direction of exports have a significant impact on the innovation activities of organizations, while innovations do not always encourage the leaders to initiate export activities. In the course of empirical research, we have identified the following rules in relation to Russian IT-firms:1) New IT-exporters have no visible link between the introduction of new products, technologies and the start of exports. Investments in research and development, which may have been initiated after entering foreign markets or at the same time, have not yet yielded results. 2) Stable export activity encourages IT-companies to apply new technological, process and marketing innovations that were not previously part of the firm's plans, much more often than firms in the local market. 3) The impact of external knowledge effects on the productivity of IT-companies depends on the geographical direction of exports: a) the markets of the near abroad (CIS countries) and Russia itself;b) the markets of the far abroad. 4) Investments in R&D, marketing and production of new products are more typical for companies located in capitals (Moscow and Saint-Petersburg). On the contrary, the relationship between the presence of an international office and the introduction of innovations has not been proven. The size of companies has only affected the production of new technologies: if a company is a medium-sized enterprise or a larger one, the probability of innovation is increased by 22%. 5) The smaller the firm, the lower its desire to participate in extensive innovation networks, increase the number and diversity of external relations. The size of the company determines the level of influence of cooperation with other market participants on its internal innovation processThe article discusses the classification of knowledge spillover effects, the methodology of the study, the analysis of the economic impact of the process "flow" as a result of entering foreign markets. The paper’s emphasis is on assessment of recipients’ capabilities to accumulate new knowledge in the course of export activities, to extract advantages in terms of future development such as increasing innovation activity and, consequently, attractiveness, resulting in higher performance efficiency.

scholarly journals A Conceptual Framework to Support Digital Transformation in Manufacturing Using an Integrated Business Process Management Approach

Designs ◽  
2020 ◽  
Vol 4 (3) ◽  
pp. 17
Author(s):  
Javaid Butt
Keyword(s):  
Conceptual Framework ◽  
Business Process ◽  
Industry 4.0 ◽  
Business Process Management ◽  
Process Management ◽  
New Technologies ◽  
Manufacturing Sector ◽  
Digital Transformation ◽  
Management Approach ◽  
The Impact

Digital transformation is no longer a future trend, as it has become a necessity for businesses to grow and remain competitive in the market. The fourth industrial revolution, called Industry 4.0, is at the heart of this transformation, and is supporting organizations in achieving benefits that were unthinkable a few years ago. The impact of Industry 4.0 enabling technologies in the manufacturing sector is undeniable, and their correct use offers benefits such as improved productivity and asset performance, reduced inefficiencies, lower production and maintenance costs, while enhancing system agility and flexibility. However, organizations have found the move towards digital transformation extremely challenging for several reasons, including a lack of standardized implementation protocols, emphasis on the introduction of new technologies without assessing their role within the business, the compartmentalization of digital initiatives from the rest of the business, and the large-scale implementation of digitalization without a realistic view of return on investment. To instill confidence and reduce the anxiety surrounding Industry 4.0 implementation in the manufacturing sector, this paper presents a conceptual framework based on business process management (BPM). The framework is informed by a content-centric literature review of Industry 4.0 technologies, its design principles, and BPM method. This integrated framework incorporates the factors that are often overlooked during digital transformation and presents a structured methodology that can be employed by manufacturing organizations to facilitate their transition towards Industry 4.0.

scholarly journals Allergology and COVID19 pandemic

ANALES RANM ◽  
2021 ◽  
Vol 138 (138(02)) ◽  
pp. 132-136
Author(s):  
T. Chivato Pérez
Keyword(s):  
Allergic Rhinitis ◽  
New Technologies ◽  
Preventive Measures ◽  
Allergic Patient ◽  
Digital Transformation ◽  
Point Of View ◽  
Daily Routine ◽  
Clinical Diagnostic ◽  
The Impact ◽  
Different Levels

The COVID19 pandemic produced by SARSCOV2 has changed and impacted all areas of Medicine, including Allergology. Professionals and patients have seen how this virus has affected the daily routine at different levels. In this article three relevant aspects will be reviewed. First, the epidemiological, clinical, diagnostic, therapeutic and preventive measures differences between rhinitis due to SARSCOV2 infection and allergic rhinitis due to pollen sensitization are described. Second, the impact of new technologies and digital transformation on the daily routine of Allergology at the care and teaching level is reviewed. Finally, an update of the vaccines against SARSCOV2 is carried out from the point of view of safety for the allergic patient.

scholarly journals Pursuing International Opportunities in a Digitally Enabled World

2020 ◽  
pp. 265-281
Author(s):  
Di Song ◽  
Aiqi Wu
Keyword(s):  
Driving Force ◽  
Digital Technologies ◽  
Experiential Knowledge ◽  
General Knowledge ◽  
Internationalization Process ◽  
Foreign Markets ◽  
Relative Significance ◽  
Comprehensive Framework ◽  
The Impact ◽  
Internationalization Process Theory

AbstractDigitalization has tremendously challenged how international opportunities are created and captured. Inspired by researches in the field of both entrepreneurship and international business, this study provides a comprehensive framework toward the impact of digital technologies (DTs) on opportunity pursuit in foreign markets. We identify two perspectives of DTs, i.e., DTs as ‘driving force’ and DTs as ‘disrupting force,’ which characterize DTs as a catalyst of experiential knowledge acquisition, and as a factor altering the relative significance of experiential knowledge to opportunity pursuit, respectively. By bridging these two perspectives with the notion of market-specific knowledge and general knowledge within internationalization process theory, some arguments with regard to what specific influences DTs play on international opportunity pursuit are further introduced. We hope this study can potentially offer some nuances to both practitioners as well as the research in the interaction of digitalization and international opportunity.

scholarly journals Formation of the capital structure of metallurgical industry companies in conditions of sustainable industry development 4.0

2020 ◽  
Vol 208 ◽  
pp. 07006
Author(s):  
Lu Yanzhao ◽  
E.S. Panfilova ◽  
M.I. Lvova
Keyword(s):  
Capital Structure ◽  
Financial Stability ◽  
Metallurgical Industry ◽  
Digital Transformation ◽  
Digital Tools ◽  
Digital Methods ◽  
Metallurgical Company ◽  
The Impact ◽  
Tainable Development ◽  
The Capital Structure

The article deals with current issues of digital transformation of metallurgical companies in the conditions of sustainable development of industry 4.0. The authors systematize the tools of through digitalization of companies in the metallurgical industry, give their characteristics, as well as proposed a mechanism for the impact of digital tools on the capital structure and financial stability. At the same time the analysis of the capital of the leading metallurgical company of Russia and the world JSC “Uralelectromed” confirms the necessity to consider the formation of the capital structure by digital methods of management in the aspect of sus-tainable development.

scholarly journals Entry of Trans-Baikal Enterprises into Chinese Markets: the Problem of Formulating an Effective Marketing Strategy

2020 ◽  
Vol 30 (3) ◽  
pp. 433-439
Author(s):  
Lyudmila Kovalchuk
Keyword(s):  
International Business ◽  
New Technologies ◽  
International Marketing ◽  
Federal District ◽  
Foreign Market ◽  
Point Of View ◽  
Chinese Market ◽  
Foreign Markets ◽  
Market Factors ◽  
Far Eastern

In terms of science, entry of an enterprise into a foreign market is a problem of internationalization. Investigation of this issue over the past decades has allowed us to form a scientific base, which represents the process of internationalization of a national company as a complex process that includes both organizational and marketing aspects. In particular, success of an entry is ensured by taking into account the needs of foreign customers, as well as passing through a number of stages, accompanied by the identification of peculiarities of the foreign market and the accumulation of experience necessary for promotion on the international market. The entry of Trans-Baikal Territory into the Far Eastern Federal District and the opportunity to use additional benefits for business that has arisen opens up great opportunities for entrepreneurs to create new products, introduce new technologies, reduce costs and, thus, open up prospects for promotion on foreign markets. From the point of view of international business theories, the start of operation in foreign markets should be connected with the markets of neighboring countries. For the manufacturers of Trans-Baikal Territory, China is such a market. At the same time, its attractiveness is determined by a number of market factors. Consideration of these factors makes it necessary to develop an international marketing complex for each exporter. The problem is that most of the exporting enterprises representing small and medium-sized businesses lack experience and financial capabilities to develop an international marketing mix. The article shows the possibilities of solving the problem, taking into account the characteristics of the Chinese market. The most promising areas for the development of international business are the production of agricultural and food products. The national project «International Cooperation and Export» allows using the competitive advantages of the Trans-Baikal producers and provides them with a sufficiently strong position in the future.

scholarly journals New technologies` impact on workforce and labor law

2022 ◽  
Vol 25 ◽  
pp. 75-90
Author(s):  
Jessica Bayón Pérez ◽  
Andrés J. Arenas Falótico ◽  
José Lominchar
Keyword(s):  
New Technologies ◽  
18Th Century ◽  
Labor Law ◽  
Digital Transformation ◽  
Global Perspective ◽  
Decent Work ◽  
Production Models ◽  
The Impact ◽  
Industrial Revolutions ◽  
The Way

If we look back, evaluating the last two centuries, the productive environments of our societies have experienced several industrial revolutions that caused great changes in production and that, in turn, generated important changes in societies at all times. Likewise, the digital transformation that has been incorporated into the bases of companies, each one in its measure, has not yet reached its maximum potential, but it has changed the way we live and, therefore, the way we work. Historically, automation has come from the hand of specialization, not because of the manufacture of tractors the land has been stopped, but more has been produced and that production has been managed in favor of employment and economic health. Technological transformations hand in hand with digitalization and artificial intelligence generate opportunities, but they also represent a threat to a good part of traditional jobs and professions, since changes are rapid and the impact of new technologies is much greater; thus, the change in the training and qualification of workers is necessary. Like the looms in the 18th century and the production models at the beginning of the 20th, digital transformation is our present, but it will be much more powerful in the future, as it entails and will entail a redefinition of the labor market and the law that governs it. regulates. Globalization and technological changes have generated a need to address labor law from a global perspective; Furthermore, this right must not only be active, but also effective, solid, in accordance with international decent work standards.

Digital Transformation of Russian Criminal Proceedings

2020 ◽  
Vol 2 (3) ◽  
pp. 86-99
Author(s):  
E. V. Markovicheva ◽  
Keyword(s):  
Theoretical Basis ◽  
New Technologies ◽  
Digital Technologies ◽  
Criminal Procedure ◽  
Digital Transformation ◽  
Criminal Proceedings ◽  
Criminal Process ◽  
Legal Method ◽  
Criminal Procedure Law ◽  
The Impact

Introduction. Currently, in most states, criminal process undergoes a transformation under the influence of digital technology. However, compared to other types of legal proceedings, criminal process is more conservative and less inclined towards the modernization of information. Despite this, problems of digitalization of criminal proceedings are being actively investigated by scientists. In some states, practical use of digital technologies in criminal proceedings has already been attempted, which requires study. Theoretical Basis. Methods. The theoretical basis of the study was Russian and foreign scientific works in the field of criminal procedure law, devoted to the problems of introducing informational technologies into criminal proceedings. Comparative legal analysis revealed the general directions in the digital transformation of the criminal process in modern states. Based on the formal legal method and general scientific methods, the features of the consideration of criminal cases by the courts in the context of the active introduction of new technologies are investigated. Results. The article reveals promising directions for introducing digital technologies into the Russian criminal process. The impact of the COVID-19 pandemic on the activity of courts for the examination of criminal case materials is assessed. Discussion and Conclusion. The digitalization of criminal proceedings ensures their optimization and can transform the mechanisms of protecting and ensuring the rights of participants in the process. Modern technologies can be used during certain stages of criminal proceedings and in the making of procedural decisions both in judicial and in pre-trial stages. However, further scientific research of the issues under consideration, as well as preparation of conceptual suggestions to the legislator with the purpose of changing the norms of the current criminal procedure law are necessary.

Sign in / Sign up

Export Citation Format

Share Document