The objective of this study was to analyze how small and medium enterprises (SMEs) cope with environmental changes due to the COVID-19 pandemic by pursuing the business model transformation with the support of digital technologies. To achieve the objective, this study used a multiple case study...

The paper, using a three-wave unbalanced panel of 3252 observations of young small and medium-sized firms in 2011-2013, examines the effect of direct linkages between firms with foreign direct investment and young small and medium-sized firms on technology adoption strategies and the further...

Small and medium-sized enterprises (SMEs) are at the heart of a nation's wealth creation, employment generation and economic development. To help SMEs stay competitive in a fast-changing environment, researchers have recently emphasized the relevance of business model innovation (BMI). However,...

The unprecedented conditions of restrictive measures that were suddenly imposed in 2020 due to the outbreak of the COVID-19 pandemic affected business activity globally. To deal with the consequences that were caused by the pandemic, most SMEs had to adopt strategies which will enhance their...

The Covid-19 pandemic has made digital transformation no longer an option but a necessity for small and medium-sized enterprises (SMEs) to succeed in a highly globalized market. The purpose of the study was to analyze the impact of digital maturity factors on the level of development of SMEs in...

The COVID-19 pandemic is not only a medical emergency but also a business emergency that has created the need for organizations to be resilient and versatile in managing the impact of the pandemic on their business operations. At this time, small- and medium-sized enterprises (SMEs) are the most...

Considering the globalized nature of international financial markets and the important role of innovative entrepreneurial endeavors for employment and economic development, this paper analyzes the global supply and demand of entrepreneurial finance, in the form of individuals’ savings and...

Digital transformation in the banking sector is a continuous process that affects both the external and internal environment by redesigning internal processes and existing methods. There are many reasons that digital transformation takes place, such as servicing remote areas without physical...

Digital companies must improve their business models evolutionarily and innovatively. Therefore, IT investment, especially for revitalizing digital capabilities for operational changes, is important. Most companies are looking to source innovation from outside organizations. Partnership...