Socioeconomic Impacts of Digitisation in Saudi Arabia

Neffati, Mohamed; Gouidar, Abdessalem

doi:10.32479/ijefi.7718

Cited by 5 publications

(3 citation statements)

References 5 publications

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“…This shows that while the firm experiences innovative business models and processes, it might also make it difficult for the employees in getting accustomed to them. It mainly occurs because of lack of technical expertise and knowledge (Neffati & Gouidar, 2019). New privacy issues along with dilemmas come into action after digitisation, and transparency is integrated in the functional departments of organisations across the world.…”

Section: Impact Of Digitisation On Corporate Governancementioning

confidence: 99%

The Digitisation of a Firm Process and Its Impact on Corporate Governance

Seete¹

2022

Indian Journal of Corporate Governance

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Digitisation can be considered as the continuing convergence of both real and virtual worlds by transforming data from analogue to electronic format. This has been the primary driver of innovation and change in various sectors of the economy. The exponentially growing amount of data has made it essential for firms to transform them into digital format for ensuring better flow and sharing of information across the organisation. Digitisation has been referred to as the process of converting various diverse forms of information, such as text, images, sound or voice, into an electronic format that leads to improved operations and reduced costs for firms. The research paper has discussed this digitisation process of a firm and analysed its consequent impact on the corporate governance. In this regard, various articles have been explored for the purposes of understanding how digitisation can improve or threaten corporate governance of firms. Digitisation has created some big disruptive storms some of which have resulted in a reimagined manner of doing business, affecting demand and supply principles in any company. As a result, in order to gain market confidence, businesses must establish credibility and integrity.

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Section: Impact Of Digitisation On Corporate Governancementioning

confidence: 99%

The Digitisation of a Firm Process and Its Impact on Corporate Governance

Seete¹

2022

Indian Journal of Corporate Governance

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“…As digital technologies are expanding, unemployment grows to a maximum and then begins to decline as technology expansion exceeds a specific value. Another study by Neffati and Gouider ( 2019 ) analyzed the socioeconomic effects of digitization in the Kingdom of Saudi Arabia by using data covering the period from 1981 to 2016. Their results show a significant negative relationship between digitalization and unemployment.…”

Section: Literature Reviewmentioning

confidence: 99%

The labor market in the digital era: What matters for the Gulf Cooperation Council countries?

2022

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Digital transformation affects all organizations, large and small. Waves of technological change are frequent and accelerating, requiring constant adaptation by companies and their employees. Artificial intelligence, automation, and digital tools are changing the traditional organizational structure and ways of working. After the COVID-19 pandemic, the labor market has to move toward an inclusive digital transformation that braces the business systems. This paper is an attempt to explore the effect of digitalization on employment in Gulf Cooperation Council (GCC) countries and compare them to some selected advanced countries. The methodology focuses on the second-generation unit root tests and the Auto Regressive Distributed Lagged model for the period 2000–2020. The findings show a negative and significant impact of ICT on employment in the industrial and services sectors for GCC countries with a moderate adjustment speed toward the long-run equilibrium. This result is explained by the shortage of skilled workers in GCC countries compared to advanced countries, where the findings show a positive and significant effect of ICT technologies on total employment, especially in the industrial sector. The adjustment speed toward the long run is significantly higher in advanced countries than in GCC countries.

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“…From another perspective, Ciofi et al [23] suggest that the uses of digital transformation represented by information and communication technology (ICT) have an indirect effect on different indicators of the economic, social, and environmental axes. This idea is also advocated by Neffati and Gouider [24], who argue that artificial intelligence, especially in machine learning techniques, is important to maintain sustainable development. Innovation creates competitiveness between countries and regions but not in the same way.…”

Section: Introductionmentioning

confidence: 98%

The Impact of Digitization to Ensure Competitiveness of the Ha’il Region to Achieve Sustainable Development Goals

Triki¹,

Maâloul²,

Bahou³

et al. 2023

Sustainability

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The Kingdom of Saudi Arabia is one of the countries that seek to achieve sustainable development through Vision 2030. The objective of this research is to study the impact of digitization to ensure the competitiveness of the Ha’il region to achieve sustainable development goals. To do this, we applied two techniques in two steps. The first step is based on artificial intelligence through a machine learning technique. The second step is the vector auto-regressive model and impulse response functions. The results show that digitization has a strong impact on the achievement of five sustainable development goals in the Ha’il region. These five priority objectives among 17 goals have been determined by a machine learning technique, each of which is likely to contribute in one way or another to economic, social, and environmental aspects. The results suggest that digitization promotes the acceleration of sustainable development in the Ha’il region. This study is interesting for policymakers in Saudi Arabia to use artificial intelligence and digitalization to achieve economic unification of this region with other regions of the Kingdom.

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Socioeconomic Impacts of Digitisation in Saudi Arabia

Cited by 5 publications

References 5 publications

The Digitisation of a Firm Process and Its Impact on Corporate Governance

The Digitisation of a Firm Process and Its Impact on Corporate Governance

The labor market in the digital era: What matters for the Gulf Cooperation Council countries?

The Impact of Digitization to Ensure Competitiveness of the Ha’il Region to Achieve Sustainable Development Goals

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