Developing and Validating Measurement Instrument for Various Aspects of Digital economy

Hrustek, Nikolina Žajdela; Mekovec, Renata; Pihir, Igor

doi:10.4018/ijesma.2019010104

Cited by 11 publications

(4 citation statements)

References 14 publications

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“…Also, through these applications, the owners-customers are allowed to have real-time information about the valuation of their investment products, the banks' reward programs and the expenses they have incurred through digital media to receive more favorable tax treatment. The aforementioned benefits make mobile banking more and more attractive not only for younger people but for all smartphone owners [10][11][12][13][14][15][16][17][18]. For the same reasons, ref [19] uses the term "digital natives" to describe those born after 1980 who have a high degree of familiarity with and acceptance of new electronic technologies.…”

Section: Introductionmentioning

confidence: 99%

Digital Transformation and Strategy in the Banking Sector: Evaluating the Acceptance Rate of E-Services

Kitsios

Giatsidis

Kamariotou

2021

Journal of Open Innovation: Technology, Market, and Complexity

140

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Digital transformation in the banking sector is a continuous process that affects both the external and internal environment by redesigning internal processes and existing methods. There are many reasons that digital transformation takes place, such as servicing remote areas without physical branches, differentiation from competitors or reduction of operating costs. In any case, there are a lot of doubts about the acceptance of digital technologies. Thus, this article examines the acceptance rate of digital transformation in the banking sector in Greece. One hundred and sixty-one employees at Greek banks completed the survey. A Multivariate Regression Analysis was implemented to analyze the items of the Technology Acceptance Model. The findings of this paper indicate the perception of bank employees with regard to new technologies. This paper provides a practical contribution for executives of Greek banking organizations to schedule targeted educational programs to facilitate the transition to the new digital era for their employees. Executives are curious if employees are ready to accept and implement digitalization in their daily job routine. Therefore, the Technology Acceptance Model can provide answers to executives in facing these challenges.

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Section: Introductionmentioning

confidence: 99%

Digital Transformation and Strategy in the Banking Sector: Evaluating the Acceptance Rate of E-Services

Kitsios

Giatsidis

Kamariotou

2021

Journal of Open Innovation: Technology, Market, and Complexity

140

View full text Add to dashboard Cite

show abstract

“…In terms of industry, Shanxi should further promote the integration of the two, deeply transform traditional manufacturing to intelligent manufacturing, strengthen the construction of intelligent manufacturing support system [20], and form intelligent industrial clusters such as iron and steel metallurgy, coal machinery equipment, and automobile manufacturing. We will actively carry out smart manufacturing pilot demonstration activities, further propelling the inception of intelligent production avenues, digitized workspaces, and state-of-the-art manufacturing entities [21]. In the service-oriented domain, the emphasis is on harnessing the transformative potential of digitization to augment the caliber and efficacy of contemporary service industries, notably in trade and logistical operations [22], and increase the construction and promotion of new business forms and models such as smart tourism.…”

Section: Implement the Industrial Digital Transformation Projectmentioning

confidence: 99%

Research on the Development of Digital Economy in Shanxi Province in the Era of Artificial Intelligence

Xueqing Sun

2024

jes

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With the development of a new round of scientific and technological revolution and industrial transformation, new information technologies such as 5G technology, big data and artificial intelligence have become an important driving force to promote the development of digital economy. In the context of the era of artificial intelligence, Shanxi Province, as a relatively latecomer in the economic development of domestic provinces, should seize the opportunity to keep up with the trend of The Times. Through the analysis of some data of Shanxi's digital economy in recent years and the comparison with other provinces, it is found that Shanxi has some problems in digital infrastructure, industrial digitization, digital industrialization and digital government construction. With artificial intelligence as the background, through investigation, literature and other methods to accelerate the construction of digital infrastructure, expand the scale of digital industrialization, implement industrial digital transformation projects, and strengthen the construction of digital government as basic measures, Shanxi can realize the rapid development of digital economy. These measures are of great significance for Shanxi Province to formulate corresponding measures from the perspective of problems in the process of digital economy development, so as to achieve industrial transformation and high-quality economic development

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“…In this case, only one single factor has been identified, representing the unobserved (latent) variable that captures most of the overall variance of all original variables. Factor analysis has recently been applied in a similar context by Hrustek et al [34], using factor analyses to reveal critical digital economy factors such as e-Commerce, e-Banking, e-Work, and e-Employment. Based on the results, it is possible to assess the overall digital readiness of EU countries and rank them accordingly.…”

Section: Variablementioning

confidence: 99%

Digital Transformation in European Union: North is leading, and South is lagging behind

Hunady¹,

Pisár²,

Glavan³

et al. 2022

IJISPM

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The transformation of the economy into a digital environment has become a necessary step in recent years. The consequences of the COVID pandemic have accelerated the digital transformation and the growth of the digital economy. Intensive business engagement in the digital economy requires innovative digital solutions and online means of promotion and sale. European Union (EU) countries need to create the conditions for the gradual transformation. The paper analyses business readiness for the digital economy in EU countries. It aims to compare and assess the current situation of digital readiness based on the set of selected indicators. The analysis includes a multidimensional comparison of EU countries, classification based on cluster analysis, and ranking based on factor analysis results. Results show significant differences among EU countries. Newer member countries, mostly from South-Eastern Europe, are still lagging behind the EU average in e-Commerce activities, usage of social networks, and cloud computing. Furthermore, factor analysis has been conducted to determine underlining factors describing the overall digital readiness of EU countries and rank them accordingly. As well as in the cluster analysis, factor analysis revealed that Nordic EU member countries perform very well and show the highest digital readiness.

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Developing and Validating Measurement Instrument for Various Aspects of Digital economy

Cited by 11 publications

References 14 publications

Digital Transformation and Strategy in the Banking Sector: Evaluating the Acceptance Rate of E-Services

Digital Transformation and Strategy in the Banking Sector: Evaluating the Acceptance Rate of E-Services

Research on the Development of Digital Economy in Shanxi Province in the Era of Artificial Intelligence

Digital Transformation in European Union: North is leading, and South is lagging behind

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