IDEAS home Printed from https://ideas.repec.org/a/blg/reveco/v75y2023i1p109-120.html
   My bibliography  Save this article

The Influence Of Digital Transformation In The Service Sector To Drive Sustainability

Author

Listed:
  • CHIRVASE Ciprian-Sorin

    (Bucharest University of Economic Studies)

  • ZAMFIR Andreea

    (Bucharest University of Economic Studies)

Abstract

The authors have carried out a research paper to investigate how the digital transformation of the service sector leads to sustainability and improves the implementation and achievement of sustainable development objectives, but also to expose the challenges and opportunities through systematic research of the existing specialized literature. We live in an era of digitization, the future is certainly a digital one and the latest generation technologies have unimaginable capabilities to create infinite opportunities for sustainable development in absolutely any field or corner of the world. Digitization makes this dream of a sustainably developed world in which all 17 sustainable development objectives are fully achieved, become reality in the near future. Following the research, we concluded that the successful achievement of sustainable development objectives is represented by the power of motivation of the private sector and citizens to participate actively, but also their connection with the government by introducing a legislative framework to measure the involvement of each of the participants in order to create another framework based on bonuses by reducing taxes and other personalized benefits, and this can only be achieved through digitalization and the latest generation technologies, which definitely represent the path to a sustainably developed world of the future, the legacy of today s society for future generations. The results of this research make an important contribution to the field of study and complement the existing specialized literature.

Suggested Citation

  • CHIRVASE Ciprian-Sorin & ZAMFIR Andreea, 2023. "The Influence Of Digital Transformation In The Service Sector To Drive Sustainability," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 75(1), pages 109-120, April.
  • Handle: RePEc:blg:reveco:v:75:y:2023:i:1:p:109-120
    DOI: 10.56043/reveco-2023-0010
    as

    Download full text from publisher

    File URL: http://economice.ulbsibiu.ro/revista.economica/archive/75110chirvase&zamfir.pdf
    Download Restriction: no

    File URL: https://libkey.io/10.56043/reveco-2023-0010?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Kirti Nayal & Rakesh D. Raut & Vinay Surendra Yadav & Pragati Priyadarshinee & Balkrishna E. Narkhede, 2022. "The impact of sustainable development strategy on sustainable supply chain firm performance in the digital transformation era," Business Strategy and the Environment, Wiley Blackwell, vol. 31(3), pages 845-859, March.
    2. Laura Mariani & Benedetta Trivellato & Mattia Martini & Elisabetta Marafioti, 2022. "Achieving Sustainable Development Goals Through Collaborative Innovation: Evidence from Four European Initiatives," Journal of Business Ethics, Springer, vol. 180(4), pages 1075-1095, November.
    3. Otilia Manta & Mirela Panait & Eglantina Hysa & Elena Rusu & Maria Cojocaru, 2022. "Public Procurement, a Tool for Achieving the Goals of Sustainable Development," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 24(61), pages 861-861, August.
    4. Chakrin Utit & Anitha Rosland & M Yusof Saari & Muhammad Daaniyall Abd Rahman, 2021. "From Waste to Wealth: Identifying the Economic Impact of the Recycling Sector in Malaysia," Malaysian Journal of Economic Studies, Faculty of Business and Economics, University of Malaya & Malaysian Economic Association, vol. 58(1), pages 125-143, June.
    5. Philbin, Simon & Viswanathan, Radhakrishnan & Telukdarie, Arnesh, 2022. "Understanding how digital transformation can enable SMEs to achieve sustainable development: A systematic literature review," Small Business International Review, Asociación Española de Contabilidad y Administración de Empresas - AECA, vol. 6(1), pages 473-473, May.
    6. Lorren Kirsty Haywood & Mothusi Boihang, 2021. "Business and the SDGs: Examining the early disclosure of the SDGs in annual reports," Development Southern Africa, Taylor & Francis Journals, vol. 38(2), pages 175-188, March.
    Full references (including those not matched with items on IDEAS)

    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. Shekhar Rathor & Mingyu Zhang & Taehoon Im, 2023. "Web 3.0 and Sustainability: Challenges and Research Opportunities," Sustainability, MDPI, vol. 15(20), pages 1-17, October.
    2. Stavros Sindakis & Saloome Showkat & Jiafu Su, 2023. "Unveiling the Influence: Exploring the Impact of Interrelationships among E-Commerce Supply Chain Members on Supply Chain Sustainability," Sustainability, MDPI, vol. 15(24), pages 1-27, December.
    3. Dharm Dev Bhatta & Muddassar Sarfraz & Larisa Ivascu & Marius Pislaru, 2023. "The Nexus of Corporate Affinity for Technology and Firm Sustainable Performance in the Era of Digitalization: A Mediated Model," Sustainability, MDPI, vol. 15(12), pages 1-20, June.
    4. Nadeem, Kashif & Wong, Sut I. & Za, Stefano & Venditti, Michelina, 2024. "Digital transformation and industry 4.0 employees: Empirical evidence from top digital nations," Technology in Society, Elsevier, vol. 76(C).
    5. Aditi S. Saha & Rakesh D. Raut & Vinay Surendra Yadav & Abhijit Majumdar, 2022. "Blockchain Changing the Outlook of the Sustainable Food Supply Chain to Achieve Net Zero?," Sustainability, MDPI, vol. 14(24), pages 1-21, December.
    6. Abdulaziz Adel Aldaarmi, 2024. "Fintech Service Quality of Saudi Banks: Digital Transformation and Awareness in Satisfaction, Re-Use Intentions, and the Sustainable Performance of Firms," Sustainability, MDPI, vol. 16(6), pages 1-19, March.
    7. Jose Ignacio Galan & Jose Angel Zuñiga‐Vicente, 2023. "Discovering the key factors behind multi‐stakeholder partnerships for contributing to the achievement of sustainable development goals: Insights around the electric vehicle in Spain," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 30(2), pages 829-845, March.
    8. Oana Oprisan & Speranta Pirciog & Alina Elena Ionascu & Cristina Lincaru & Adriana Grigorescu, 2023. "Economic Resilience and Sustainable Finance Path to Development and Convergence in Romanian Counties," Sustainability, MDPI, vol. 15(19), pages 1-24, September.
    9. Esam Salamah & Ahmad Alzubi & Azmiye Yinal, 2023. "Unveiling the Impact of Digitalization on Supply Chain Performance in the Post-COVID-19 Era: The Mediating Role of Supply Chain Integration and Efficiency," Sustainability, MDPI, vol. 16(1), pages 1-30, December.
    10. Bogdan Rusu & Christiana Brigitte Sandu & Silvia Avasilcai & Irina David, 2023. "Acceptance of Digital Transformation: Evidence from Romania," Sustainability, MDPI, vol. 15(21), pages 1-17, October.
    11. Stawicka Ewa, 2023. "The Impact of Innovation on the Sustainable Development of Enterprises," Folia Oeconomica Stetinensia, Sciendo, vol. 23(2), pages 370-386, December.
    12. Simona Andreea Apostu & Iza Gigauri & Mirela Panait & Pedro A. Martín-Cervantes, 2023. "Is Europe on the Way to Sustainable Development? Compatibility of Green Environment, Economic Growth, and Circular Economy Issues," IJERPH, MDPI, vol. 20(2), pages 1-17, January.
    13. Jolta Kacani & Lindita Mukli & Eglantina Hysa, 2022. "A Framework for Short- vs. Long-Term Risk Indicators for Outsourcing Potential for Enterprises Participating in Global Value Chains: Evidence from Western Balkan Countries," JRFM, MDPI, vol. 15(9), pages 1-14, September.
    14. Zhe Liu & Chenghao Jiao & Yudong Zhang & Jiaji Wang, 2023. "Linking Supply Chain Collaboration, Collaborative Advantage, and Firm Performance in China: The Moderating Role of Government Subsidies," Sustainability, MDPI, vol. 15(21), pages 1-22, October.
    15. Teresa Martí‐Rosselló & Andrew J. Duncan & Euan Bowditch, 2024. "Seeing the data for the trees: Assessing the data maturity and readiness of a UK forestry company," Business Strategy and the Environment, Wiley Blackwell, vol. 33(2), pages 149-161, February.
    16. Yeboah, Samuel, 2023. "Navigating Sustainability: Unveiling Responsible Consumption and Production in Developing Economies for SDG 12 Achievement," MPRA Paper 118214, University Library of Munich, Germany, revised 25 Jul 2023.
    17. Bartosz Wachnik & Aleksandra Krupa & Krzysztof Santarek, 2022. "A Comparative Analysis of the Acquisition Transaction of Management Information Systems through Virtual and Face-to-Face Negotiations—The Perspective of Green IT Industry in Poland," Sustainability, MDPI, vol. 14(15), pages 1-12, August.
    18. Muddassar Sarfraz & Kausar Fiaz Khawaja & Heesup Han & Antonio Ariza-Montes & Juan Manuel Arjona-Fuentes, 2023. "Sustainable supply chain, digital transformation, and blockchain technology adoption in the tourism sector," Palgrave Communications, Palgrave Macmillan, vol. 10(1), pages 1-13, December.
    19. Emmanuel Bruce & Zhao Shurong & Du Ying & Meng Yaqi & John Amoah & Sulemana Bankuoru Egala, 2023. "The Effect of Digital Marketing Adoption on SMEs Sustainable Growth: Empirical Evidence from Ghana," Sustainability, MDPI, vol. 15(6), pages 1-24, March.
    20. Adriana Grigorescu & Oana Oprisan & Cristina Lincaru & Camelia Speranta Pirciog, 2023. "E-Banking Convergence and the Adopter’s Behavior Changing Across EU Countries," SAGE Open, , vol. 13(4), pages 21582440231, December.

    More about this item

    Keywords

    Digital Transformation; Service Sector; Sustainable Development Goals; Digital Products; Digital Services;
    All these keywords.

    JEL classification:

    • M16 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - International Business Administration

    Statistics

    Access and download statistics

    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:blg:reveco:v:75:y:2023:i:1:p:109-120. 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: Eduard Alexandru Stoica (email available below). General contact details of provider: https://edirc.repec.org/data/feulbro.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.