IDEAS home Printed from https://ideas.repec.org/a/ris/tecemp/2204.html
   My bibliography  Save this article

Strategic Futures Studies and Entrepreneurial Resiliency: A Focus on Digital Technology Trends and Emerging Markets

Author

Listed:
  • Dana, Léo-Paul

    (Dalhousie University, Canada)

  • Salamzadeh, Aidin

    (University of Tehran, Iran)

  • Mortazavi, Samira

    (Islamic Azad University, Iran)

  • Hadizadeh, Morteza

    (Shahid Beheshti University, Iran)

  • Zolfaghari, Mahnaz

    (University of Tehran, Iran)

Abstract

Digital transformation and its unpredictable nature make future studies to be of paramount importance for dealing with a crisis and identifying market trends and opportunities existing in new markets. Moreover, future studies guarantee enterprises to develop accurate models toward their perspective and distinguish enterprises from their competitors. This study presents a strategic future study in entrepreneurial resiliency considering digital development trends in emerging markets. To do so, the researchers used the Delphi technique. The findings reveal that fifteen driving forces which panel experts suggested are effective in this regard. Artificial intelligence, data mining, environmental scanning, business circumstances prediction, and property research were of paramount importance among these forces. The paper concludes with some directions for future research and suggestions for policymakers and practitioners.

Suggested Citation

  • Dana, Léo-Paul & Salamzadeh, Aidin & Mortazavi, Samira & Hadizadeh, Morteza & Zolfaghari, Mahnaz, 2022. "Strategic Futures Studies and Entrepreneurial Resiliency: A Focus on Digital Technology Trends and Emerging Markets," TEC Empresarial, School of Business, Costa Rica Institute of Technology (ITCR), vol. 16(1), pages 87-100.
  • Handle: RePEc:ris:tecemp:2204
    as

    Download full text from publisher

    File URL: https://revistas.tec.ac.cr/index.php/tec_empresarial/article/view/6038
    File Function: Full text
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Hess, Thomas & Matt, Christian & Benlian, Alexander & Wiesböck, Florian, 2016. "Options for Formulating a Digital Transformation Strategy," Publications of Darmstadt Technical University, Institute for Business Studies (BWL) 81032, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL).
    2. Vecchiato, Riccardo, 2012. "Environmental uncertainty, foresight and strategic decision making: An integrated study," Technological Forecasting and Social Change, Elsevier, vol. 79(3), pages 436-447.
    3. Léo-Paul Dana & Hervé Dumez, 2015. "Qualitative research revisited: epistemology of a comprehensive approach," International Journal of Entrepreneurship and Small Business, Inderscience Enterprises Ltd, vol. 26(2), pages 154-170.
    4. Leo Paul Dana & Teresa E. Dana, 2005. "Expanding the scope of methodologies used in entrepreneurship research," International Journal of Entrepreneurship and Small Business, Inderscience Enterprises Ltd, vol. 2(1), pages 79-88.
    5. Chandra S. Mishra & Ramona K. Zachary, 2014. "The Theory of Entrepreneurial Intentionality," Palgrave Macmillan Books, in: The Theory of Entrepreneurship, chapter 2, pages 21-48, Palgrave Macmillan.
    6. Bootz, Jean-Philippe & Monti, Régine & Durance, Philippe & Pacini, Vincent & Chapuy, Pierre, 2019. "The links between French school of foresight and organizational learning: An assessment of developments in the last ten years," Technological Forecasting and Social Change, Elsevier, vol. 140(C), pages 92-104.
    7. Jean-Philippe Bootz & Régine Monti & Philippe Durance & Vincent Pacini & Pierre Chapuy, 2019. "The links between French school of foresight and organizational learning: An assessment of developments in the last ten years," Post-Print hal-02772738, HAL.
    8. Léo Paul Dana & Hervé Dumez, 2015. "Qualitative research revisited: epistemology of a comprehensive approach," Post-Print hal-01508985, HAL.
    9. Ekaterina Vorobeva & Léo-Paul Dana, 2021. "The COVID-19 pandemic and migrant entrepreneurship: Responses to the market shock," Migration Letters, Migration Letters, vol. 18(4), pages 477-485, July.
    10. Rohrbeck, René & Schwarz, Jan Oliver, 2013. "The value contribution of strategic foresight: Insights from an empirical study of large European companies," Technological Forecasting and Social Change, Elsevier, vol. 80(8), pages 1593-1606.
    11. Chandra S. Mishra & Ramona K. Zachary, 2014. "The Theory of Entrepreneurship," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-137-37146-1, September.
    12. Jaya Prakash Pradhan, 2010. "Strategic Asset-Seeking Activities of Emerging Multinationals: Perspectives of Foreign Acquisitions by Indian Pharmaceutical MNEs," Organizations and Markets in Emerging Economies, Faculty of Economics, Vilnius University, vol. 1(2).
    13. Dunning, John H., 2000. "The eclectic paradigm as an envelope for economic and business theories of MNE activity," International Business Review, Elsevier, vol. 9(2), pages 163-190, April.
    14. Hess, Thomas & Matt, Christian & Benlian, Alexander & Wiesböck, Florian, 2016. "Options for Formulating a Digital Transformation Strategy," Publications of Darmstadt Technical University, Institute for Business Studies (BWL) 82423, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL).
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Xiaoxu Zhang & Xinyu Du, 2023. "Industry and Regional Peer Effects in Corporate Digital Transformation: The Moderating Effects of TMT Characteristics," Sustainability, MDPI, vol. 15(7), pages 1-22, March.
    2. Aidin Salamzadeh & Morteza Hadizadeh & Niloofar Rastgoo & Md. Mizanur Rahman & Soodabeh Radfard, 2022. "Sustainability-Oriented Innovation Foresight in International New Technology Based Firms," Sustainability, MDPI, vol. 14(20), pages 1-21, October.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Marinković, Milan & Al-Tabbaa, Omar & Khan, Zaheer & Wu, Jie, 2022. "Corporate foresight: A systematic literature review and future research trajectories," Journal of Business Research, Elsevier, vol. 144(C), pages 289-311.
    2. Joseph I. Uduji & Elda N. Okolo-Obasi, 2021. "Empowerment of Rural Young People in Informal Farm Entrepreneurship: The Role of Corporate Social Responsibility in Nigeria’s Oil Producing Communities," Working Papers 21/033, European Xtramile Centre of African Studies (EXCAS).
    3. Joseph I. Uduji & Elda N. Okolo-Obasi, 2021. "Empowerment of Rural Young People in Informal Farm Entrepreneurship: The Role of Corporate Social Responsibility in Nigeria’s Oil Producing Communities," Working Papers of the African Governance and Development Institute. 21/033, African Governance and Development Institute..
    4. Fadil Sahiti, 2021. "Institutions and entrepreneurial activity: a comparative analysis of Kosovo and other economies," Journal of Entrepreneurship and Public Policy, Emerald Group Publishing Limited, vol. 10(1), pages 98-119, February.
    5. Veland Ramadani & Léo-Paul Dana & Nora Sadiku-Dushi & Vanessa Ratten & Dianne H. B. Welsh, 2017. "Decision-Making Challenges of Women Entrepreneurship in Family Business Succession Process," Journal of Enterprising Culture (JEC), World Scientific Publishing Co. Pte. Ltd., vol. 25(04), pages 411-439, December.
    6. Laura Broccardo & Elisa Truant & Lèo‐Paul Dana, 2023. "The sustainability orientation in the wine industry: An analysis based on age as a driver," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 30(3), pages 1300-1313, May.
    7. Simplice Asongu & Joseph Nnanna, 2020. "Inclusive human development in sub-Saharan Africa," Journal of Enterprising Communities: People and Places in the Global Economy, Emerald Group Publishing Limited, vol. 14(2), pages 183-200, May.
    8. Siwale, Juliana & Gurău, Călin & Aluko, Olu & Dana, Léo-Paul & Ojo, Sanya, 2023. "Toward understanding the dynamics of the relationship between religion, entrepreneurship and social change: Empirical findings from technology-savvy African immigrants in UK," Technological Forecasting and Social Change, Elsevier, vol. 186(PB).
    9. Joseph I. Uduji & Elda N. Okolo-Obasi & Simplice A. Asongu, 2020. "Women’s Participation in the Offshore and Inshore Fisheries Entrepreneurship: the Role of CSR in Nigeria’s Oil Coastal Communities," Working Papers 20/012, European Xtramile Centre of African Studies (EXCAS).
    10. Joseph I. Uduji & Elda N. Okolo-Obasi & Simplice A. Asongu, 2020. "Women’s Participation in the Offshore and Inshore Fisheries Entrepreneurship: the Role of CSR in Nigeria’s Oil Coastal Communities," Working Papers of the African Governance and Development Institute. 20/012, African Governance and Development Institute..
    11. Joseph I. Uduji & Elda N. Okolo-Obasi, 2021. "Empowerment of Rural Young People in Informal Farm Entrepreneurship: The Role of Corporate Social Responsibility in Nigeria’s Oil Producing Communities," Research Africa Network Working Papers 21/033, Research Africa Network (RAN).
    12. Hundera, Mulu, 2019. "Role conflict, coping strategies and female entrepreneurial success in sub-Saharan Africa," Other publications TiSEM 3e263b0c-3bf3-474a-8a20-b, Tilburg University, School of Economics and Management.
    13. Johanna Gast & Arndt Werner & Sascha Kraus, 2017. "Antecedents of the small firm effect: the role of knowledge spillover and blocked mobility for employee entrepreneurial intentions," International Entrepreneurship and Management Journal, Springer, vol. 13(1), pages 277-297, March.
    14. Crick, James M. & Crick, Dave, 2021. "Coopetition and family-owned wine producers," Journal of Business Research, Elsevier, vol. 135(C), pages 319-336.
    15. Dianne H. B. Welsh & Eugene Kaciak & Silvana Trimi & Emerson Wagner Mainardes, 2018. "Women Entrepreneurs and Family Firm Heterogeneity: Evidence from an Emerging Economy," Group Decision and Negotiation, Springer, vol. 27(3), pages 445-465, June.
    16. Benhayoun, Lamiae & Le Dain, Marie-Anne & Dominguez-Péry, Carine & Lyons, Andrew C., 2020. "SMEs embedded in collaborative innovation networks: How to measure their absorptive capacity?," Technological Forecasting and Social Change, Elsevier, vol. 159(C).
    17. Anne Albert-Cromarias & Alexandre Asselineau, 2022. "One For All Or Everyone For Themselves: Why Is Coopetition So Difficult? The Case Of Four Small Vineyards In Central France," Post-Print hal-03631930, HAL.
    18. Carlos M. Jardon & Nilda C. Tañski & Xavier Martinez-Cobas, 2023. "Sources of knowledge for innovation capability in subsistence small businesses: a case of the wood sector in Argentina," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 70(3), pages 839-860, June.
    19. Swen Nadkarni & Reinhard Prügl, 2021. "Digital transformation: a review, synthesis and opportunities for future research," Management Review Quarterly, Springer, vol. 71(2), pages 233-341, April.
    20. Hans-Joachim Schramm & Carolin Nicole Czaja & Michael Dittrich & Matthias Mentschel, 2019. "Current Advancements of and Future Developments for Fourth Party Logistics in a Digital Future," Logistics, MDPI, vol. 3(1), pages 1-17, February.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ris:tecemp:2204. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Esteban Lafuente (email available below). General contact details of provider: https://edirc.repec.org/data/eaitccr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.