Abstract
Digital transformation is progressing exponentially. Given the importance of this transformation, managerial strategies and practices need to be adapted to meet the new challenges. While countries are on a journey toward a process where human interactions and transactions—with the government, businesses—and consumption of goods, services, and ideas primarily conducted through the use of the internet and internet-based technologies, they are all traveling at different speeds. Based on the theory, drawing from the Global Innovation Index (GII) input-output framework and literature review on innovation, the chapter intends to answer the question: What is the impact of management and strategies for digital enterprise transformation on welfare?
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