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The Impact of Digitalization and Sustainable Development Goals in SMEs’ Strategy: A Multi-Country European Study

In: The Changing Role of SMEs in Global Business

Author

Listed:
  • Zhanna Belyaeva

    (Ural Federal University)

  • Yana Lopatkova

    (Ural Federal University)

Abstract

The global economy evolution under the influence of Industry 4.0 and sustainable development builds a relatively new framework embracing the instrumental linkage of entrepreneurship, digitalization and sustainable development in the context of small and medium enterprises (SMEs). The study is an attempt to compare the role of SMEs under the framework of sustainable development goals (SDGs). The authors base the discussion on the results of their own research conducted among SMEs operating in six Western and Eastern European countries. Qualitative and quantitative analyses revealed that digitalization has the potential to positively affect the social and environmental dimensions of sustainable development. However, the overall sustainability of digitalized business has to receive more attention, in order to better understand this potential, and avoid rebound effects.

Suggested Citation

  • Zhanna Belyaeva & Yana Lopatkova, 2020. "The Impact of Digitalization and Sustainable Development Goals in SMEs’ Strategy: A Multi-Country European Study," Palgrave Studies in Cross-disciplinary Business Research, In Association with EuroMed Academy of Business, in: Alkis Thrassou & Demetris Vrontis & Yaakov Weber & S. M. Riad Shams & Evangelos Tsoukatos (ed.), The Changing Role of SMEs in Global Business, edition 1, chapter 2, pages 15-38, Palgrave Macmillan.
    • Handle: RePEc:pal:pscchp:978-3-030-45835-5_2
    DOI: 10.1007/978-3-030-45835-5_2
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