Investments in ICT software and equipment in the process of digital transformation of European Union enterprises

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The author explains the ambiguity of the meaning of digitization, digitalization and digital transformation expressions. She discusses the genesis of digital transformation of enterprises, and compares the access, scope and quality of used technological innovations, ITC solutions, digital software and hardware in companies in various sectors, and of different sizes and scope of functioning. The digitization, digitalization and digital transformation are often used incorrectly and interchangeably without proper understanding, especially when one talks about business. Digitalization leads to a digital business, which is essential together with full digitization to start the digital transformation of the society, environment and business itself. Investing in appropriate computer equipment, digital devices, machines and robots involves costly purchase and expenditure of money for their software, service and updating. In addition, an extremely important element of transformation is the constant need to acquire more expertise and competences, which can also be, and usually is, expensive.

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  • 10.15276/mdt.3.4.2019.7
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Digital transformation of industrial enterprises as a special type of innovation
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Aim. The work aimed to study the conceptual content of the digital transformation of industrial enterprises, as well as to identify and systematize the characteristics of digital transformation as an innovation distinct from traditional types of innovation. Objectives. The work seeks to analyze the approaches to interpreting the concept of “digital transformation”; to substantiate the need to identify a special type of innovation, namely digital innovation, for classification purposes; and to identify the elements and stages of implementing digital transformation as a digital innovation. Methods. The study employed comparison and classification, analysis and synthesis, and structural modeling within a systems approach. Results. Digital transformation implies the widespread adoption of digital technologies. It differs from digitalization in the scale and depth of changes, since digital transformation encompasses all aspects of activity and is comprehensive and radical in nature, while digitalization can be targeted. Digital transformation of an industrial enterprise, which contains an element of novelty, is a type of innovation. However, within the traditional classification scheme, it is difficult to determine the type to which it can be classified. It is proposed to consider digital transformation of enterprises as a special type of innovation, that is as digital innovation. The key difference between digital innovation and traditional innovation is its reliance on new digital technologies, while digital innovation can also be involved in the creation or improvement of products and processes, as well as the transformation of business models in general. Conclusions. Digital transformation cannot be examined only from a technological perspective. It involves changes to the organization’s overall management system (organizational structure and management mechanisms, business processes, corporate culture, employee engagement, and competencies). Due to this composite nature, applying traditional innovation classifications to digital transformation is challenging. Therefore, it seems rational to identify a specific type of innovation, namely digital innovation, that can be associated with both individual products and processes and the business model as a whole. An innovative business model for an industrial enterprise has more capabilities for success than a single innovative product or process. Incremental improvements do not yield radically new solutions for meeting customer needs and the methods for achieving them. Digital transformation has the potential for such change.

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Research on the Influence of Digital Transformation on the High-quality Development of Enterprises
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In recent years, under the background of mass entrepreneurship and innovation, China has vigorously promoted the digital transformation of enterprises. Taking the listed companies in Shanghai and Shenzhen A-shares in 2012-2022 as samples, this paper empirically examines the relationship between digital transformation and the high-quality development of enterprises. The results show that the digital transformation of enterprises can significantly and positively affect the high-quality development of enterprises. At the same time, the degree of internal control and financing constraints of enterprises plays a moderating role in digital transformation and high-quality development of enterprises. In the samples with different equity rights and whether they are high-tech enterprises, the digital transformation of enterprises has different effects on the high-quality development of enterprises. This paper puts digital transformation and high-quality development of enterprises into the same analytical framework, expands the existing research, and puts forward corresponding suggestions and prospects.

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  • Vestnik of Volga State University of Technology Economics and Management
  • А.В Веретёхин

Введение. Современные кейсы компаний наглядно показывают сосредоточенность менеджмента промышленных предприятий на цифровой трансформации и на обеспечении устойчивого развития, которые, как правило, реализуются независимо друг от друга. Однако следует учитывать, что сочетание этих процессов на предприятии, зачастую, даёт синергетический эффект. Целью работы является построение концептуальных моделей взаимодействия и взаимопроникновения цифровой трансформации и устойчивого развития в управлении цифровым развитием промышленного предприятия. Методология исследования. В работе применены методы анализа, синтеза, обобщения и графического моделирования. Использованы результаты исследований российских и зарубежных авторов, опубликованные в высокорейтинговых научных журналах, а также данные официальных веб-сайтов организаций. Результаты исследования. Основываясь на современных взглядах в сфере цифровых технологий и ESG-подхода, автором предложены концептуальные модели интеграции (взаимопроникновения) цифровой трансформации и устойчивого развития промышленного предприятия. Представлена авторская трактовка понятий «ответственное цифровое развитие промышленного предприятия» и «устойчивое цифровое развитие промышленного предприятия» с позиции направленности целей устойчивого развития организации (при ориентации на конкретный вид ответственности или при отсутствии такого предпочтения). Для обозначения развития, отвечающего принципам ESG, предлагается использовать термины «устойчивое развитие формата ESG» и «ESG-устойчивая цифровая трансформация». Указано, что ситуативная приоритизация одного или двух принципов ESG проявляется в осуществлении менеджментом предприятия цифрового ESG-ответственного развития и цифровой ESG-ответственной трансформации. Выводы. Научная новизна полученных результатов заключается в разработке актуальных и позволяющих практическое применение в управлении предприятием моделей, учитывающих научно состоятельные концепты устойчивого развития и цифровой трансформации предприятий. Предложенный набор терминов является полным, поскольку учитывает все возможные сочетания цифровой трансформации и устойчивого развития предприятия. Внедрение авторских концептуальных моделей в систему управления промышленным предприятием позволит организациям соответствовать актуальному тренду всеобщей направленности на цифровизацию и устойчивое развитие. Ориентация на предложенные модели поможет руководителям сохранить и усилить конкурентные преимущества, а также обеспечить устойчивый рост своих организаций. Introduction.Modern company cases clearly demonstrate the focus of industrial enterprise management on digital transformation and ensuring sustainable development, which are usually implemented independently of each other. However, it should be taken into consideration that the combination of these processes at an enterprise often produces a synergistic effect. The aim of the study is to build conceptual models of interaction and interpenetration of digital transformation and sustainable development in the management of digital development of an industrial enterprise. Methods. The study employed the methods of analysis, synthesis, generalization and graphical modeling. The findings of Russian and foreign researchers published in highly rated scientific journals, as well as data from official websites of organizations were used. Results. Based on current views in the field of digital technologies and the ESG approach, the author proposes conceptual models of integration (interpenetration) of digital transformation and sustainable development of an industrial enterprise. The author's interpretation of the notions "responsible digitaldevelopment of an industrial enterprise" and "sustainable digital development of an industrial enterprise" is presented from the position of directing the organization's sustainable development goals (when focusing on a specific type of responsibility or in the absence of such a preference). The author uses the terms "sustainable ESG development" and "ESG-sustainable digital transformation" to designate the development that meets the ESG principles. It is indicated that the situational prioritization of one or two ESG principles is manifested in the implementation of digital ESG-responsible development and digital ESG-responsible transformation by the enterprise management. 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Under the background of digital economy, the digital transformation of enterprises is no longer a choice, but the only way to determine its survival and development. Chinese technology enterprises have been exploring the direction of digital transformation, but the industry has not yet given a clear answer. Based on the author's years of research at Cambridge University in the United Kingdom and more than 20 years of management consulting practice in China, China Mobile, Industrial and Commercial Bank of China and state-owned enterprises in Yin Zhou District, Zhejiang Province were selected as case studies, combined with literature research methods, starting with the difficulties and key points of organizational digital transformation of Chinese science and technology enterprises, the author reviewed the current situation of organizational digital transformation, and analyzed the problems and challenges of organizational digital transformation, Explore how to solve the path of organizational digital transformation. At the same time, the author summarizes and puts forward the direction of organizational digital transformation - building a Chinese scientific and technological enterprise with "temperature, dream and excellence" as the new paradigm of digital organization. Finally, the author innovatively proposes the S-HPL model of the organization's strategic performance management and leadership system in a people-centered and digital environment to support the success of the organization's digital transformation. These are helpful to the theoretical guidance and practice of the organizational digital transformation of Chinese science and technology enterprises.

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  • Cite Count Icon 2
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Digital transformation of enterprises empowers the development of new productive forces of enterprises
  • Jul 17, 2024
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  • Shiyi Li

Based on the data of financial statements of A-share listed companies from 2015 to 2022 and ESG index data of Huazheng Company, this paper empirically analyzes the effect and mechanism of digital transformation on the new quality productive forces of enterprises. The results show that digital transformation can significantly promote the improvement of the new quality productive forces of enterprises, and the results are still valid after dealing with endogenous problems, eliminating special years and changing cluster test. Heterogeneity analysis shows that from the perspective of enterprise nature, the digital transformation of state-owned enterprises and high-tech enterprises has a more significant role in promoting the new quality productive forces of enterprises. The mechanism research shows that digital transformation can promote ESG practice of enterprises, and then promote the improvement of new quality productive forces level of enterprises. Therefore, it is proposed to accelerate the green transformation of enterprise development mode, promote the digital transformation of enterprises and corporate social responsibility governance by institutional supply, and strengthen the empowerment effect of internal governance of digital technology, hoping to provide useful reference for the development of new quality productive forces of enterprises.

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