Assessing the need for the adoption of digitalization in Indian small and medium enterprises DOI Creative Commons
Vineet Pandey, Amit Kumar, Sumit Gupta

et al.

Open Engineering, Journal Year: 2024, Volume and Issue: 14(1)

Published: Jan. 1, 2024

Abstract Manufacturing has experienced an immense transformation since the emergence of Industry 4.0. Digitalization substantially improved production efficiency and product quality, innovative business models have emerged. The backbone emerging countries like India comprises small medium enterprises (SMEs) that provide jobs for millions families. Small medium-sized businesses (SMBs) account around 31% nation’s GDP 43% 2021–2022 exports, both significant contributors to economic growth when there is a substantial labour pool. Therefore, they are often known as India’s engine. Unfortunately, in today’s highly competitive digital market, fail keep pace with technological innovations their employees up date. This article discusses significance digitalization SMEs, addressing hurdles methods remove them. New consumer markets been established due government programs Make India, Digital E-Government.

Language: Английский

Decoding sustainable finance: A Multi-Criteria Approach to financial inclusion barriers in High-Income Economies DOI Creative Commons
Jordi Capó Vicedo, José‐Vicente Tomás‐Miquel

Green Finance, Journal Year: 2025, Volume and Issue: 7(1), P. 83 - 116

Published: Jan. 1, 2025

Language: Английский

Citations

0
Harnessing Digital Finance for Sustainability: An Integrative Review and Research Agenda DOI Creative Commons
Sanchita Bansal, Satish Kumar, Searat Ali

et al.

Research in International Business and Finance, Journal Year: 2024, Volume and Issue: unknown, P. 102682 - 102682

Published: Nov. 1, 2024

Language: Английский

Citations

1
Mechanism of digital business model innovation for common prosperity: based on resource orchestration perspective DOI

Fang Sun,

Jia Li,

Fu-ping Bai

et al.

Chinese Management Studies, Journal Year: 2024, Volume and Issue: unknown

Published: May 29, 2024

Purpose By exploring the microimplementation mechanism of common prosperity, this paper aims to offer a strategic direction for Chinese enterprises achieve sustainable development. It also provides theoretical support and practical guidance Government in feasible paths starting from enterprises. Design/methodology/approach This takes digital business model innovation Rainbow Planet as case study, systematically explicating through which fosters prosperity by constructing research framework “digital innovation-resource orchestration-common prosperity.” Findings First, microperspective, role promoting China is confirmed. Second, based on theory resource orchestration, it concluded that resources can generate three types effects, such association, interaction feedback, effective orchestration under value elements model. Finally, emphasizes should take actions demand aggregation, trust building relationship reshaping connect with relevant stakeholders, so win-win purpose improving enterprise competitiveness deepening prosperity. Originality/value For enterprises, linking their development overall welfare society an essential path Enterprises promote integration social aspects: enhancing efficiency capability operations, strengthening cooperation stakeholders advancing models. Government, important encourage play positive fields economy, environment society. The government excellent practices innovation, responsibility environmental protection among publicizing successful cases, inspiring more follow suit.

Language: Английский

Citations

0
Assessing the need for the adoption of digitalization in Indian small and medium enterprises DOI Creative Commons
Vineet Pandey, Amit Kumar, Sumit Gupta

et al.

Open Engineering, Journal Year: 2024, Volume and Issue: 14(1)

Published: Jan. 1, 2024

Abstract Manufacturing has experienced an immense transformation since the emergence of Industry 4.0. Digitalization substantially improved production efficiency and product quality, innovative business models have emerged. The backbone emerging countries like India comprises small medium enterprises (SMEs) that provide jobs for millions families. Small medium-sized businesses (SMBs) account around 31% nation’s GDP 43% 2021–2022 exports, both significant contributors to economic growth when there is a substantial labour pool. Therefore, they are often known as India’s engine. Unfortunately, in today’s highly competitive digital market, fail keep pace with technological innovations their employees up date. This article discusses significance digitalization SMEs, addressing hurdles methods remove them. New consumer markets been established due government programs Make India, Digital E-Government.

Language: Английский

Citations

0