Exports during the pandemic: enhanced by digitalization

Tolba, Ahmed; Karadeniz, Esra; Boutaleb, Fatima; Bouhaddioui, Chafik; Menipaz, Ehud; Pereira, Fernando; Bueno, Yolanda; Alsaeed, Mohammed; Schøtt, Thomas

doi:10.1080/13215906.2022.2141846

Cited by 6 publications

(6 citation statements)

References 42 publications

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“…Digital technologies have an impact on business process because they enable the reduction of costs of production and the creation of new products [70,71], which strengthens competition and enables the companies to maintain their position in the market [68]. As a consequence, digitalization has a positive impact on productivity [72], growth of sale [10,73], exportation [74], and profit [75], which are reflected in the level of economy with higher economic growth [76,77]. Digitalization provides companies with more options for financing, for example, crowdfunding platforms [78].…”

Section: Digital Transformationmentioning

confidence: 99%

“…The two remaining studies indicate that digitalization has a positive impact on the economic and social aspects of sustainability [33], as well as environmental aspects [32]. While the economic aspect has been extensively researched in previous studies that were not primarily focused on sustainability [10,68,[72][73][74][75], the other two aspects have been overlooked. Our research aims to address this gap.…”

Section: Digitainabilitymentioning

confidence: 99%

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Sustainable Business Practices and the Role of Digital Technologies: A Cross-Regional Analysis

Plečko,

Bradač Hojnik

2024

Systems

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This study examines the relationship between digital transformation and sustainable practices within enterprises against the backdrop of global transformative forces framed within the holistic paradigm of systems thinking. It examines the extent to which digital advances either facilitate or impede the sustainable development of companies, while also considering the systemic impact of demographic variables (such as gender, age, education), national income levels, and geographical regions on business sustainability. Using data from the Global Entrepreneurship Monitor (GEM), which encompasses 26,790 entrepreneurs in 47 countries, this research uses multinomial regression to assess how these factors influence companies’ commitment to social and environmental goals. A key finding is that the strategic use of digital technologies in sales processes significantly increases the likelihood that entrepreneurs will integrate social and environmental considerations into their decision-making. Notably, this conscientious approach to business is most prevalent among entrepreneurs in Latin America and the Caribbean. Our findings underscore the central role of digital technologies in driving sustainable business transformation while also highlighting the significant influence of regional socio-environmental contexts on business sustainability orientations.

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Section: Digital Transformationmentioning

confidence: 99%

Section: Digitainabilitymentioning

confidence: 99%

Sustainable Business Practices and the Role of Digital Technologies: A Cross-Regional Analysis

Plečko,

Bradač Hojnik

2024

Systems

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“…Such business concepts must ensure sufficient revenue for the long-term success of the company. This can also be achieved through business internationalization (expanding into foreign markets), wherein digital technologies in sales play an important role [33,34]. In newly established enterprises, the limited resources available for business initiation can hinder digitalization [35].…”

Section: Entrepreneurial Development Stagementioning

confidence: 99%

“…Moreover, Slovenia is eight positions higher than Croatia on the 2023 global competitiveness index [43]. Considering that digitalization enhances international business [33,34] and competitiveness [4], it is reasonable to infer that Slovenia's listed export and competitiveness advantages could also contribute to a higher level of digitalization. Surprisingly, despite all of the aforementioned factors, Croatia has 10 percentage points more SMEs with e-commerce sales of at least 1% of turnover compared to Slovenia [44].…”

Section: The Level Of Digitalization In Observed Countriesmentioning

confidence: 99%

Digitalization in Entrepreneurship: Unveiling the Motivational and Demographic Influences towards Sustainable Digital Sales Strategies

Plečko,

Tominc,

Širec

2023

Sustainability

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Digitalization is incrementally transforming business practices, particularly in sales and digital marketing, although the factors motivating entrepreneurs to adopt digital technologies in sales strategies remain underexplored. Consequently, the aim of our research is to identify the factors that influence the use of digital technologies in sales. This research elucidates the interplay between demographics and entrepreneurial motivations, utilizing data from the Global Entrepreneurship Monitor, involving 464 entrepreneurs in Slovenia and Croatia, analyzed through logistic regression. Notably, demographic factors, including gender, age, and education, do not significantly influence digitalization adoption in sales strategies. Among entrepreneurial motives, only the aspiration “to make a difference in the world” propels entrepreneurs towards considering digital sales approaches, while other motivations do not have a significant influence. Despite extensive studies on demographic factors influencing digital technology adoption, a consistent trend is conspicuously absent, necessitating an intricate examination of various dimensions of digital business transformation. Furthermore, our findings underscore that, while digitalization is acclaimed for enhancing companies’ profitability, entrepreneurs motivated by altruistic goals demonstrate a pronounced proclivity to integrate digitalization into sales, signifying that digitalization’s pragmatic utility extends beyond merely amplifying profitability and growth, insinuating a more integrative role in sculpting sustainable entrepreneurial practices and business models.

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“…Crises can lead to societal changes in people's behaviour and lifestyles (Menter, 2022). While the COVID-19 pandemic had a severe impact on many small businesses (e.g., Fairlie, 2020), the associated crisis also offered new opportunities for business innovation (Brown and Rocha, 2020) and boosted digitalization in some contexts (Bai et al, 2021; Tolba et al, 2022). This study contributes to our understanding of rural firm growth by showing the critical effect of OA and DO on growth strategies in a crisis.…”

Section: Introductionmentioning

confidence: 99%

The relationship between digital orientation, organizational ambidexterity, and growth strategies of rural SMEs in time of crisis

Joensuu-Salo,

Viljamaa

2024

The International Journal of Entrepreneurship and Innovation

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The rapidly changing digital landscape presents a new context highlighting growth strategies and organizational ambidexterity. This research explores the interaction between growth strategies of rural SMEs, digital orientation, and organizational ambidexterity during the COVID-19 pandemic. The survey data comprised 204 responses from Finnish SME owner-managers in the rural region of South Ostrobothnia in October 2021. The results from the ordinal regression analysis demonstrate that organizational ambidexterity positively influences the utilization of all growth strategies, serving as a mediator in the relationship between digital orientation and these strategies. Digital orientation is positively associated with applying a product/service development strategy, market development strategy, diversification, and business model development but not with market penetration strategy. These findings suggest that a digital orientation enables SMEs to strike a balance between exploration and exploitation, allowing them to effectively pursue both. Furthermore, digitalization offers rural businesses opportunities to implement more demanding growth strategies. Therefore, to ensure the long-term vitality of rural areas, society and policymakers must collaborate in providing robust digital infrastructure.

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Exports during the pandemic: enhanced by digitalization

Cited by 6 publications

References 42 publications

Sustainable Business Practices and the Role of Digital Technologies: A Cross-Regional Analysis

Sustainable Business Practices and the Role of Digital Technologies: A Cross-Regional Analysis

Digitalization in Entrepreneurship: Unveiling the Motivational and Demographic Influences towards Sustainable Digital Sales Strategies

The relationship between digital orientation, organizational ambidexterity, and growth strategies of rural SMEs in time of crisis

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