Digital Transformation Capacity of Small and Medium Enterprises: The Case of Hai Phong Province, Vietnam
Journal Title: International Journal of Social Science And Human Research - Year 2023, Vol 6, Issue 11
Abstract
The objective of this article focuses on studying the internal factors affecting the digital transformation capabilities of small and medium-sized enterprises in Hai Phong Province to explain the reasons for the limitations in seizing opportunities and implementing digital transformation. These factors include: (1) Leadership; (2) Digital-oriented business strategy; (3) Employee capabilities; (4) Corporate culture; (5) Technological infrastructure. From there, solutions to enhance the digital transformation capabilities of small and medium-sized enterprises in Hai Phong Province can be proposed based on solid grounds. The article utilizes a linear regression model analysis method to assess the impact of these factors on the digital transformation capabilities of businesses based on survey data from 427 samples, including experts and managers of small and medium-sized enterprises in Hai Phong Province. The research results indicate the factors that influence the digital transformation capabilities of businesses at various levels. Consequently, businesses will have appropriate solutions to enhance their digital transformation capabilities.
Authors and Affiliations
Dang Khoa Vu
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