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Digitalization-Based Innovation — A Case Study Framework

Author

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  • Mico Apostolov

    (Kristi Misirkov b.b. P. O. Box 201, 2000 Stip, Macedonia Dipartimento di Management, Università Ca’ Foscari Venezia, Cannaregio 873, 30121 Venezia, Italia)

  • Nunzia Coco

    (Dipartimento di Management, Università Ca’ Foscari Venezia, Cannaregio 873, 30121 Venezia, Italia)

Abstract

Small- and medium-sized enterprises (SMEs) have been leading innovation processes, where the upsurge of digital technology has overpowering implications on competitive positioning, firm’s value chains and overall business model. Value creation facilitated by emerging digital technologies alters costs, as well as process performance. Due to field research and in-depth interviews with owners and managers of SMEs in North-East Italy area, we combine and analyze evidence of the contingent challenges companies face while trying to redesign their business model. Our results point out that being able to accumulate and put into action external ideas can be vital in supplementing internal knowledge base and therefore crucial in escaping technological lock-ins; thus, imposing efforts toward digital transformation offers favorable outcoes.

Suggested Citation

  • Mico Apostolov & Nunzia Coco, 2021. "Digitalization-Based Innovation — A Case Study Framework," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 18(05), pages 1-25, August.
  • Handle: RePEc:wsi:ijitmx:v:18:y:2021:i:05:n:s021987702050025x
    DOI: 10.1142/S021987702050025X
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    Cited by:

    1. Marino-Romero, Jorge Alberto & Palos-Sánchez, Pedro R. & Velicia-Martín, Félix, 2024. "Evolution of digital transformation in SMEs management through a bibliometric analysis," Technological Forecasting and Social Change, Elsevier, vol. 199(C).
    2. Elżbieta Roszko-Wójtowicz & Gagan Deep Sharma & Barbara Dańska-Borsiak & Maria M. Grzelak, 2024. "Innovation-Driven E-Commerce Growth in the EU: An Empirical Study of the Propensity for Online Purchases and Sustainable Consumption," Sustainability, MDPI, vol. 16(4), pages 1-25, February.
    3. Rosita Capurro & Raffaele Fiorentino & Stefano Garzella & Stefano Marciano, 2024. "Metaverse: Value creation and performance measurement across physical and digital world," MANAGEMENT CONTROL, FrancoAngeli Editore, vol. 2024(1), pages 131-154.

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    Keywords

    Innovation; digitalization; SME;
    All these keywords.

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