Abstract
From various reviews about innovation, this article will discuss technology orientation and innovation capabilities through digital transformation 4.0 in small businesses. There is a need to examine the relationship between the two from a useful perspective about see toward using various studies related to technology orientation and innovation capabilities in the industrial era 4.0. This study aims to increase understanding of technology orientation and innovation capabilities in the context of small businesses through Digital Transformation 4.0 by reviewing the empirical literature. The articles presented can guide further studies related to technology orientation with innovation capabilities so that it can be easily understood by researchers and entrepreneurs among small businesses.
Highlights
Small and medium enterprises (MSMEs) are business activities run by individuals, households, or small business entities
A deductive review was conducted to determine the effect of technology orientation and innovation capability on the digital transformation process of MSMEs
The goal is to increase understanding of the characteristics of technology orientation and innovation capabilities in the context of small businesses in the era of digital transformation 4.0. This is done by means of a systematic review of empirical research.Previous research on innovation capability shows the relationship between innovation capability and intellectual capital (Yesil & Dogan, 2019), and technology orientation (Salojärvi et al, 2015)
Summary
Small and medium enterprises (MSMEs) are business activities run by individuals, households, or small business entities. The goal is to increase understanding of the characteristics of technology orientation and innovation capabilities in the context of small businesses in the era of digital transformation 4.0. This is done by means of a systematic review of empirical research.Previous research on innovation capability shows the relationship between innovation capability and intellectual capital (Yesil & Dogan, 2019), and technology orientation (Salojärvi et al, 2015). This article contributes to the literature by showing that in the era of the industrial revolution 4.0, a digital transformation process is needed where the condition of small companies requires a technology orientation and tends to pursue high innovation capabilities.
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