Impact of digital capabilities on entrepreneurial performance in SMEs

IF 15.6 1区管理学 Q1 BUSINESS Journal of Innovation & Knowledge Pub Date : 2024-10-01 DOI:10.1016/j.jik.2024.100609

Junic Kim, Wenzheng Jin

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Abstract

Digital transformation is pivotal in corporate development, fundamentally reshaping core business components. Although it is recognized that enhanced digital capabilities improve performance through data-driven processes, existing research has primarily focused on large enterprises. As a result, small and medium-sized enterprises (SMEs) often hesitate to invest due to uncertainties regarding the impact. This study fills this gap by examining the influence of digital capabilities on entrepreneurial performance and advocates for increased SME investment in digital transformation. Analyzing data from 313 SME managers, the results reveal that digital capabilities substantially boost performance, with opportunity capability serving as a critical mediator. Additionally, entrepreneurial leadership strengthens the connection between digital fluency, opportunity capability, and performance. This research highlights the necessity of integrating digital capabilities, opportunity capability, and entrepreneurial leadership to optimize business outcomes, providing practical insights for SMEs to formulate effective digital transformation strategies.

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数字化能力对中小企业创业绩效的影响

数字化转型在企业发展中举足轻重，它从根本上重塑了核心业务组成部分。尽管人们已经认识到，增强数字化能力可以通过数据驱动的流程提高绩效，但现有的研究主要集中在大型企业。因此，中小型企业（SMEs）往往因不确定其影响而在投资方面犹豫不决。本研究通过研究数字化能力对企业绩效的影响填补了这一空白，并倡导中小企业加大对数字化转型的投资。通过分析 313 名中小企业经理的数据，研究结果表明，数字化能力极大地促进了绩效，而机会能力则是关键的中介因素。此外，企业家领导力加强了数字流畅性、机会能力和绩效之间的联系。这项研究强调了整合数字化能力、机会能力和企业家领导力以优化业务成果的必要性，为中小企业制定有效的数字化转型战略提供了实用的见解。

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来源期刊

Journal of Innovation & Knowledge Multiple-

CiteScore

16.10

自引率

12.70%

发文量

118

审稿时长

37 days

期刊介绍： The Journal of Innovation and Knowledge (JIK) explores how innovation drives knowledge creation and vice versa, emphasizing that not all innovation leads to knowledge, but enduring innovation across diverse fields fosters theory and knowledge. JIK invites papers on innovations enhancing or generating knowledge, covering innovation processes, structures, outcomes, and behaviors at various levels. Articles in JIK examine knowledge-related changes promoting innovation for societal best practices. JIK serves as a platform for high-quality studies undergoing double-blind peer review, ensuring global dissemination to scholars, practitioners, and policymakers who recognize innovation and knowledge as economic drivers. It publishes theoretical articles, empirical studies, case studies, reviews, and other content, addressing current trends and emerging topics in innovation and knowledge. The journal welcomes suggestions for special issues and encourages articles to showcase contextual differences and lessons for a broad audience. In essence, JIK is an interdisciplinary journal dedicated to advancing theoretical and practical innovations and knowledge across multiple fields, including Economics, Business and Management, Engineering, Science, and Education.