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Title:Small and medium-sized enterprises in the digital age : understanding characteristics and essential demands
Authors:ID Bradač Hojnik, Barbara (Author)
ID Huđek, Ivona (Author)
Files:.pdf Hojnik-2023-Small_and_Medium-Sized_Enterprises.pdf (502,33 KB)
MD5: 5E4278C474C7E1C0F986B5435C19BBEC
 
URL https://doi.org/10.3390/info14110606
 
Language:English
Work type:Scientific work
Typology:1.01 - Original Scientific Article
Organization:EPF - Faculty of Business and Economics
Abstract:The article explores the implementation of digital technology in small and medium-sized Slovenian enterprises (SMEs), with a focus on understanding existing trends, obstacles, and necessary support measures during their digitalization progress. The surveyed companies mainly rely on conventional technologies like websites and teamwork platforms, emphasizing the significance of strong online communication and presence in the modern business world. The adoption of advanced technologies such as blockchain is limited due to the perceived complexity and relevance to specific sectors. This study uses variance analysis to identify potential differences in the digitalization challenges faced by companies of different sizes. The results indicate that small companies face different financial constraints and require more differentiated support mechanisms than their larger counterparts, with a particular focus on improving digital competencies among employees. Despite obtaining enhancements such as elevated operational standards and uninterrupted telecommuting via digitalization, companies still face challenges of differentiation and organizational culture change. The study emphasizes the importance of recognizing and addressing the different challenges and support needs of different-sized companies to promote comprehensive progress in digital transformation. Our findings provide important insights for policymakers, industry stakeholders, and SMEs to formulate comprehensive strategies and policies that effectively address the diverse needs and challenges of the digital transformation landscape.
Keywords:digital transformation, digital technology adoption, small and medium-sized enterprises (SMEs), digitalization challenges, digitalization support
Publication status:Published
Publication version:Version of Record
Submitted for review:04.10.2023
Article acceptance date:24.10.2023
Publication date:09.11.2023
Publisher:MDPI
Year of publishing:2023
Number of pages:Str. 1-22
Numbering:Letn. 14, Št. 11, št. članka 606
PID:20.500.12556/DKUM-88243 New window
UDC:004.8
ISSN on article:2078-2489
COBISS.SI-ID:171514627 New window
DOI:10.3390/info14110606 New window
Publication date in DKUM:11.04.2024
Views:201
Downloads:10
Metadata:XML RDF-CHPDL DC-XML DC-RDF
Categories:Misc.
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Record is a part of a journal

Title:Information
Shortened title:Information
Publisher:MDPI
ISSN:2078-2489
COBISS.SI-ID:18497046 New window

Licences

License:CC BY 4.0, Creative Commons Attribution 4.0 International
Link:http://creativecommons.org/licenses/by/4.0/
Description:This is the standard Creative Commons license that gives others maximum freedom to do what they want with the work as long as they credit the author.
Licensing start date:09.11.2023

Secondary language

Language:Slovenian
Keywords:digitalna preobrazba, uvajanje digitalne tehnologije, mala in srednje velika podjetja (MSP), izzivi digitalizacije, podpora digitalizaciji


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