Digital transformation of socio-economic systems (on the example of China)
Keywords:
information, digital transformation, digital economy, platform, value co-creation theory, dynamic capabilityAbstract
In the article were considered the key aspects of the theory of digital transformation of socio-economic systems. Different scholars and major research institutions were presented which have interpreted the connotation of the digital economy from different focuses and the connotation of value co-creation theory. Then the research content of dynamic capability theory was shown in the aspects, one is the element aspect, the second is the process aspect, and the third is the structure aspect. The development and influence of digital platforms as tools for digital transformation are investigated. China’s digital platforms structure example was analysed.
References
- Luo Zhenli. [Three basic attributes of China’s digital economy development]. People’ s Forum. Academic Frontiers. 2020;17:6–12. Chinese.
- Kotarba M. Measuring digitalization: key metrics. Foundations of Management. 2017;9:123–138. DOI: 10.1515/fman-2017-0010.
- He Xiaoyin. [Trends in the development of the digital economy and China’s strategies]. Modern Economic Research. 2013;3:39– 40. Chinese.
- Teece DJ, Pisano G, Shuen A. Dynamic capabilities and strategic management. Strategic Management Journal. 1997;18:509–533. DOI: 10.1002/(SICI)1097-0266(199708)18:7<509::AID-SMJ882>3.0.CO;2-Z.
- Eisenhardt KM, Martin JA. Dynamic capabilities: what are they? Strategic Management Journal. 2000;21:1105–1121. DOI: 10.1002/1097-0266(200010/11)21:10/11<1105::AID-SMJ133>3.0.CO;2-E.
- Winter SG. Understanding dynamic capabilities. Strategic Management Journal. 2003;24:991–995. DOI: 10.1002/smj.318.
- Ramachandran V. Strategic corporate social responsibility: a ‘dynamic capabilities’ perspective. Corporate Social Responsibility and Environmental Management. 2011;18:285–293. DOI: 10.1002/csr.251.
- Zhu Xiumei, Li Yue, Xiao Bin. The impact of entrepreneurial network on new venture performance: a research based on meta-analysis. Foreign Economics & Management. 2021;43(6):120–137. DOI: 10.16538/j.cnki.fem.20201201.403.
- Helfat CE, Winter SG. Untangling dynamic and operational capabilities: strategy for the (n)ever-changing world. Strategic Management Journal. 2011;32:1243–1250. DOI: 10.1002/smj.955.
- Annarelli A, Battistella C, Nonino F. A framework to evaluate the effects of organizational resilience on service quality. Sustainability. 2020;12(3):958. DOI: 10.3390/su12030958.
- Karimi J, Walter Z. The role of dynamic capabilities in responding to digital disruption: a factor-based study of the newspaper industry. Journal of Management Information Systems. 2015;32(1):39–81. DOI: 10.1080/07421222.2015.1029380.
- Vargo SL, Lusch RF. Evolving to a new dominant logic for marketing. Journal of Marketing. 2004;68(1):1–17. DOI: 10.1509/jmkg.68.1.1.24036.
- Vargo SL, Lusch RF. Service-dominant logic: continuing the evolution. Journal of the Academy of Marketing Science. 2008;36(1):1–10. DOI: 10.1007/s11747-007-0069-6.
Downloads
Additional Files
Published
Issue
Section
License
The authors who are published in this journal agree to the following:
- The authors retain copyright on the work and provide the journal with the right of first publication of the work on condition of license Creative Commons Attribution-NonCommercial. 4.0 International (CC BY-NC 4.0).
- The authors retain the right to enter into certain contractual agreements relating to the non-exclusive distribution of the published version of the work (e.g. post it on the institutional repository, publication in the book), with the reference to its original publication in this journal.
- The authors have the right to post their work on the Internet (e.g. on the institutional store or personal website) prior to and during the review process, conducted by the journal, as this may lead to a productive discussion and a large number of references to this work. (See The Effect of Open Access.)