Opportunities and threats of digital transformation of business models in SMEs
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F75081431%3A_____%2F22%3A00002445" target="_blank" >RIV/75081431:_____/22:00002445 - isvavai.cz</a>
Alternative codes found
RIV/00216305:26510/22:PU148712
Result on the web
<a href="https://doi.org/10.14254/2071-789x.2022/15-3/9" target="_blank" >https://doi.org/10.14254/2071-789x.2022/15-3/9</a>
DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Opportunities and threats of digital transformation of business models in SMEs
Original language description
The importance of business models for small and medium-sized enterprises (SMEs) in terms of their competitiveness and sustainability is undoubtedly growing. The global Covid-19 pandemic even strengthens this trend. The degree of digitalization of corporate processes becomes the SME stability and development limitation. The paper submitted presents the results of research focused on the issue of digital transformation of business models on a test sample of 496 SMEs (out of which 214 operate in the manufacturing sector and industry and 218 are included in the services sector) using the method of dimensionality reduction and logit regression. The main output from the solution valid for both tested sectors is considered insufficient setting, management and evaluation of corporate processes. This applies to the main value-creating processes (input and output logistics, production, marketing and sales, service and other ancillary services) and supporting processes (purchase, scientific and technological development, human resources management and company infrastructure). In terms of the achieved degree of process digitization, an imbalance was found between the main value-creating processes and supporting processes. Investment in value-creating and supporting corporate processes are not considered an important factor for any of the sectors due to the high sensitivity of investments to the size and specialization of companies. In contrast, the higher perceived need for value chain digitization in both tested sectors, especially in the case of manufacturing and industry, is considered a very positive output. This proves the need for the digital transformation of companies and its positive impact on their profitability and competitiveness.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50204 - Business and management
Result continuities
Project
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Continuities
V - Vyzkumna aktivita podporovana z jinych verejnych zdroju
Others
Publication year
2022
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Economics & Sociology
ISSN
2071-789X
e-ISSN
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Volume of the periodical
15/2022
Issue of the periodical within the volume
3
Country of publishing house
PL - POLAND
Number of pages
13
Pages from-to
159-171
UT code for WoS article
000870462300009
EID of the result in the Scopus database
2-s2.0-85139449997