Exploring Pathways to Digital Transformation
Author Information
Author(s): Liu Jun, Wang Ziwei, Li Changjin, Xu Ruofan, Zeng Ziqiang
Primary Institution: School of Business Administration, Shandong University of Finance and Economics, Jinan, Shandong, China
Hypothesis
How can firms in traditional industries achieve digital transformation?
Conclusion
The study found that multiple factors must work together for successful digital transformation in traditional industries.
Supporting Evidence
- Digital transformation requires a combination of ability, motivation, and opportunity.
- Government subsidies play a crucial role in facilitating digital transformation.
- Financial constraints negatively impact the ability of firms to undergo digital transformation.
- Different configurations of factors can lead to successful digital transformation.
Takeaway
To change how they work and use technology, companies need to combine different skills, motivation, and opportunities, not just rely on one thing.
Methodology
The study used fuzzy-set qualitative comparative analysis (fsQCA) to explore the synergistic effects of various factors on digital transformation.
Limitations
The study focused only on traditional manufacturing firms in China, which may limit the generalizability of the findings.
Participant Demographics
The study examined manufacturing firms in China.
Digital Object Identifier (DOI)
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