The Role of Digital Transformation in Enhancing SMEs’ Competitiveness in Emerging Economies
DOI:
https://doi.org/10.55606/iceb.v2i1.482Keywords:
Digital Transformation, SMEs, Competitiveness, Emerging Economies, Policy ImplicationsAbstract
Small and Medium Enterprises (SMEs) are vital for the economic growth of emerging economies. This paper explores the impact of digital transformation on improving the competitiveness of SMEs, focusing on the adoption of digital tools, challenges faced, and policy implications. Case studies from Southeast Asia and Latin America are used to illustrate the effects of digitalization on productivity, market expansion, and operational efficiency. The findings emphasize the need for government support and private sector collaboration to drive innovation in SMEs.
References
Asian Development Bank. (2021). The role of SMEs in economic growth in Asia. Asian Development Bank.
Brazilian Innovation Agency. (2023). Innovation and collaboration in the SME sector. Brazilian Innovation Agency.
Brazilian Institute of Geography and Statistics. (2022). Impact of digital solutions on SMEs in Brazil. Brazilian Institute of Geography and Statistics.
Deloitte. (2021). Digital transformation in SMEs: Overcoming barriers. Deloitte.
European Commission. (2022). Digital skills for SMEs: Initiatives and impact. European Commission.
Gartner. (2021). Cloud computing trends for SMEs. Gartner.
International Finance Corporation. (2020). Digital transformation in emerging markets. International Finance Corporation.
International Labour Organization. (2020). Skills for a digital world: The role of SMEs. International Labour Organization.
Malaysian Digital Economy Corporation. (2023). E-commerce growth and SMEs in Malaysia. Malaysian Digital Economy Corporation.
Malaysian Ministry of Finance. (2023). Digital economy fund for SMEs. Malaysian Ministry of Finance.
McKinsey & Company. (2021). The digital leap: How SMEs can thrive. McKinsey & Company.
NASSCOM. (2022). Challenges of digital transformation in Indian SMEs. NASSCOM.
Organisation for Economic Co-operation and Development. (2020). SMEs and entrepreneurship in Latin America. OECD.
World Bank. (2020). SMEs: Engines of growth in emerging economies. World Bank.
World Economic Forum. (2021). The global competitiveness report. World Economic Forum.
Additional Files
Published
How to Cite
Issue
Section
License
Copyright (c) 2023 Proceeding of The International Conference on Economics and Business
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
