The Importance of Digital Transformation in International Business

Detalhes bibliográficos
Autor(a) principal: Santos-Pereira, Carla
Data de Publicação: 2022
Outros Autores: Durão, Natércia, Moreira, Fernando, Veloso, Bruno
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/11328/3876
https://doi.org/10.3390/su14020834
Resumo: This study was developed under the scope of a Portuguese project focused on the entrepreneur’s perspective and perception on the internationalization process of his company: more specifically, about the factors that enhanced the company entry into foreign markets as well as the constraints found in this process. This work focuses on the importance of using digital transformation to integrate technological tools in international business practice and strategy and the obstacles encountered with introducing these new technologies. This study aims to determine the relationships between technology categories and obstacles. The final goal is to assess the impact of these characteristics of the companies by the sector of economic activity, size, and percentage of profits resulting from international expansion. A questionnaire was designed and sent by email to 8183 companies from the AICEP database, distributed by three main activity sectors. A total of 310 valid answers were gathered from the Portuguese internationalized companies. The research limitations are related to the reduced number of interviews. These interviews showed that managers were not aware of the concept of digital transformation and misunderstood the use of digital technologies in the internationalization process of the business. This limitation can add some bias to the qualitative results. In addition to these limitations, the number of responses per sector was also not homogeneous. The practical implications of this study are that managers and top-level executives can use that to better understand how companies could use digital tools and what obstacles they should avoid when they want to internationalize their business. This paper is one of the first research contributions to analyze the impact of digital transformation in the internalization of Portuguese companies.
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spelling The Importance of Digital Transformation in International BusinessDigital transformationBusiness digitalizationInformation systemsThis study was developed under the scope of a Portuguese project focused on the entrepreneur’s perspective and perception on the internationalization process of his company: more specifically, about the factors that enhanced the company entry into foreign markets as well as the constraints found in this process. This work focuses on the importance of using digital transformation to integrate technological tools in international business practice and strategy and the obstacles encountered with introducing these new technologies. This study aims to determine the relationships between technology categories and obstacles. The final goal is to assess the impact of these characteristics of the companies by the sector of economic activity, size, and percentage of profits resulting from international expansion. A questionnaire was designed and sent by email to 8183 companies from the AICEP database, distributed by three main activity sectors. A total of 310 valid answers were gathered from the Portuguese internationalized companies. The research limitations are related to the reduced number of interviews. These interviews showed that managers were not aware of the concept of digital transformation and misunderstood the use of digital technologies in the internationalization process of the business. This limitation can add some bias to the qualitative results. In addition to these limitations, the number of responses per sector was also not homogeneous. The practical implications of this study are that managers and top-level executives can use that to better understand how companies could use digital tools and what obstacles they should avoid when they want to internationalize their business. This paper is one of the first research contributions to analyze the impact of digital transformation in the internalization of Portuguese companies.MDPI - Multidisciplinary Digital Publishing Institute2022-01-12T16:05:37Z2022-01-122022-01-12T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfSantos-Pereira, C., Durão, N., Moreira, F., & Veloso, B. (2022). The Importance of Digital Transformation in International Business. Sustainability, 14(2), 834, (1-25). doi: https://doi.org/10.3390/su14020834. Disponível no Repositório UPT, http://hdl.handle.net/11328/3876http://hdl.handle.net/11328/3876Santos-Pereira, C., Durão, N., Moreira, F., & Veloso, B. (2022). The Importance of Digital Transformation in International Business. Sustainability, 14(2), 834, (1-25). doi: https://doi.org/10.3390/su14020834. Disponível no Repositório UPT, http://hdl.handle.net/11328/3876http://hdl.handle.net/11328/3876https://doi.org/10.3390/su14020834eng2071-1050 (Electronic)http://creativecommons.org/licenses/by/4.0/info:eu-repo/semantics/openAccessSantos-Pereira, CarlaDurão, NatérciaMoreira, FernandoVeloso, Brunoreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-11-16T02:10:48Zoai:repositorio.upt.pt:11328/3876Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T22:40:50.928861Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv The Importance of Digital Transformation in International Business
title The Importance of Digital Transformation in International Business
spellingShingle The Importance of Digital Transformation in International Business
Santos-Pereira, Carla
Digital transformation
Business digitalization
Information systems
title_short The Importance of Digital Transformation in International Business
title_full The Importance of Digital Transformation in International Business
title_fullStr The Importance of Digital Transformation in International Business
title_full_unstemmed The Importance of Digital Transformation in International Business
title_sort The Importance of Digital Transformation in International Business
author Santos-Pereira, Carla
author_facet Santos-Pereira, Carla
Durão, Natércia
Moreira, Fernando
Veloso, Bruno
author_role author
author2 Durão, Natércia
Moreira, Fernando
Veloso, Bruno
author2_role author
author
author
dc.contributor.author.fl_str_mv Santos-Pereira, Carla
Durão, Natércia
Moreira, Fernando
Veloso, Bruno
dc.subject.por.fl_str_mv Digital transformation
Business digitalization
Information systems
topic Digital transformation
Business digitalization
Information systems
description This study was developed under the scope of a Portuguese project focused on the entrepreneur’s perspective and perception on the internationalization process of his company: more specifically, about the factors that enhanced the company entry into foreign markets as well as the constraints found in this process. This work focuses on the importance of using digital transformation to integrate technological tools in international business practice and strategy and the obstacles encountered with introducing these new technologies. This study aims to determine the relationships between technology categories and obstacles. The final goal is to assess the impact of these characteristics of the companies by the sector of economic activity, size, and percentage of profits resulting from international expansion. A questionnaire was designed and sent by email to 8183 companies from the AICEP database, distributed by three main activity sectors. A total of 310 valid answers were gathered from the Portuguese internationalized companies. The research limitations are related to the reduced number of interviews. These interviews showed that managers were not aware of the concept of digital transformation and misunderstood the use of digital technologies in the internationalization process of the business. This limitation can add some bias to the qualitative results. In addition to these limitations, the number of responses per sector was also not homogeneous. The practical implications of this study are that managers and top-level executives can use that to better understand how companies could use digital tools and what obstacles they should avoid when they want to internationalize their business. This paper is one of the first research contributions to analyze the impact of digital transformation in the internalization of Portuguese companies.
publishDate 2022
dc.date.none.fl_str_mv 2022-01-12T16:05:37Z
2022-01-12
2022-01-12T00:00:00Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
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dc.identifier.uri.fl_str_mv Santos-Pereira, C., Durão, N., Moreira, F., & Veloso, B. (2022). The Importance of Digital Transformation in International Business. Sustainability, 14(2), 834, (1-25). doi: https://doi.org/10.3390/su14020834. Disponível no Repositório UPT, http://hdl.handle.net/11328/3876
http://hdl.handle.net/11328/3876
Santos-Pereira, C., Durão, N., Moreira, F., & Veloso, B. (2022). The Importance of Digital Transformation in International Business. Sustainability, 14(2), 834, (1-25). doi: https://doi.org/10.3390/su14020834. Disponível no Repositório UPT, http://hdl.handle.net/11328/3876
http://hdl.handle.net/11328/3876
https://doi.org/10.3390/su14020834
identifier_str_mv Santos-Pereira, C., Durão, N., Moreira, F., & Veloso, B. (2022). The Importance of Digital Transformation in International Business. Sustainability, 14(2), 834, (1-25). doi: https://doi.org/10.3390/su14020834. Disponível no Repositório UPT, http://hdl.handle.net/11328/3876
url http://hdl.handle.net/11328/3876
https://doi.org/10.3390/su14020834
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dc.publisher.none.fl_str_mv MDPI - Multidisciplinary Digital Publishing Institute
publisher.none.fl_str_mv MDPI - Multidisciplinary Digital Publishing Institute
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instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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