Digital power: Value chain upgrading in an age of digitization

Oliveira, Luis; Fleury, Afonso; Fleury, Maria Tereza Leme

doi:10.1016/j.ibusrev.2021.101850

Cited by 53 publications

(62 citation statements)

References 68 publications

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“…[54]. The main factors in the transformation of global value chains in recent years have been the introduction of digital technologies [82,83], "green innovations" [9,84], effective cooperation, the adoption of sustainable strategies that have significantly influenced the direction and nature of the ongoing changes in business systems and the formation of modern ecosystems.…”

Section: Factors Influencing the Implementation Of Innovation In Global Value Chainsmentioning

confidence: 99%

Strategic Innovation as a Factor of Adaptation of National Economies to the Development of Global Value Chains

et al. 2021

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In age of sustainable development, strategic innovations have become the most important factor in the adaptation of national economies to dynamic global changes, encompassing trade and economic relations between the leading and developing countries of the World. At the same time, the task of this study was to reveal the complex and contradictory role of strategic innovations in the development of national economies against the background of the transformation of global value chains (GVCs). Main methods for solving the problem were empirical methods of comparative and structural analysis, as well as econometrics. The study analyzed 44 countries classified by the World Bank in the group of countries with per capita incomes below and above the average, as well as with high income. Results of the calculations made it possible to establish a highly differentiated relationship between the share of products manufactured by foreign companies operating in the host countries, on the one hand, and indicators of the dynamics of foreign direct investment (the number of researchers engaged in R&D, the number of technical specialists involved in research and development (R&D), the cost of research and development in the territory of the host countries), on the other hand. This made it possible to determine the role of strategic innovation in the adaptation of national economies. The established dependencies expand the understanding of the role of strategic innovations in the formation and further development of global value chains and their significance in evolution: from process and product innovations of individual companies to the formation of global innovation ecosystems.

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Section: Factors Influencing the Implementation Of Innovation In Global Value Chainsmentioning

confidence: 99%

Strategic Innovation as a Factor of Adaptation of National Economies to the Development of Global Value Chains

et al. 2021

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“…This is also proved by the research conducted by Maiti and Kayal, (2017), which states that digitization improves the performance of MSMEs. The high adoption of digitization provides positive results and can strengthen the independence of SMEs (Oliveira et al, 2021). Bank Rakyat Indonesia (BRI) argued that the SMEs business has resumed its growth after being hit by the pandemic.…”

Section: Figure 1 Online and Offline Channel Penetration In Indonesiamentioning

confidence: 99%

Digitalization in increasing SMEs productivity in the post COVID-19 pandemic period

Kala'lembang¹

2021

Management and entrepreneurship: trends of development

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The COVID-19 pandemic caused the global upheaval which resulted in the economic growth to be stunted and had a negative impact on the sustainability of SMEs. The panic occurred causing uncontrolled spending in order to promote the recovery. This study aims to examine the post COVID-19 pandemic opportunities for SMEs by utilizing digitization. With the use of SMEs digitalization, it is easy to attract and retain potential customers, ameliorate communication, save costs, and improve relationships with business partners. The author considers digitization as a smart solution to increase SMEs productivity.

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“…in order to make decisions, they require digital tools that are essential for managing an ever-increasing amount of data and the carrying out of analysis. The new business support tools are mainly digital (Villa & Taurino, 2019;Oliveira et al, 2021). This means that enterprises must become familiar with digital solutions, as over time they will not be able to communicate in a fluid and effective manner with either suppliers or customers (Genest & Gamache, 2020;Ardito et al, 2021).…”

Section: Introductionmentioning

confidence: 99%

“…Among the enterprises able to prosper during the pandemic have been those related to the use of digital technology. For most SMEs, the organization of work with the use of online tools has been of key importance (Oliveira et al, 2021). Even in industries that have been hit hard by the pandemic, such as transport and the entire automotive and service industries, digitization processes have accelerated, revealing new opportunities for business development by way of remote work organization.…”

Section: Introductionmentioning

confidence: 99%

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Determinants of digitization in SMEs

Marcysiak¹,

Pleskacz²

2021

JESI

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The aim of the study is to present the conditions for introducing digitization in enterprises of the Polish SME sector, with particular emphasis on the changes brought about by the pandemic. The study analyses the degree of digitization which has taken place in the Polish economy in comparison with the EU average, with particular emphasis on SMEs, by making recourse to the Digital Economy and Society Index (DESI).This study presents the results of my own research on the determinants of digitization in enterprises. The subject of the research was a group of enterprises classified as SMEs in Poland. The survey was conducted in March 2021 using electronic tools in the form of an online survey. After substantive and logical verification, 120 questionnaires were selected for further analysis.The analysis of enterprises from the SME sector showed that over 44% of enterprises operate on the basis of action plans not exceeding one year. This type of planning was particularly common in micro-enterprises employing up to 10 people and running a service activity. Digitization acted as an important process in the activities of the analysed enterprises. Every fifth surveyed enterprise had plans to invest in software and digital solutions for enterprises; and wanted to implement these plans within the next year. The most common area of activity and implementation of digital solutions was sales and distribution. This was due to the need during the pandemic to build new distribution channels for products or services through the increasingly important e-commerce market. Research has shown that the Covid situation has led to significant changes taking place in the economy of enterprises. More than half of the analysed enterprises indicated a lack of financial resources as a barrier when introducing cloud solutions.

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Digital power: Value chain upgrading in an age of digitization

Cited by 53 publications

References 68 publications

Strategic Innovation as a Factor of Adaptation of National Economies to the Development of Global Value Chains

Strategic Innovation as a Factor of Adaptation of National Economies to the Development of Global Value Chains

Digitalization in increasing SMEs productivity in the post COVID-19 pandemic period

Determinants of digitization in SMEs

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