IDEAS home Printed from https://ideas.repec.org/a/fan/macoma/vhtml10.3280-maco2023-002-s1005.html
   My bibliography  Save this article

The impact of the pandemic crisis on the digital transition process of Italian SMEs

Author

Listed:
  • Paola Paoloni
  • Martina Manzo
  • Veronica Procacci

Abstract

In recent years, the digital revolution has impacted the entrepreneurial system globally, forcing companies to review their business models, products, and services value proposition. Companies must implement digital technologies in production processes to exploit new opportunities. This requires investing in machinery and devices and acquiring new knowledge. The national and European economic system mainly comprises Small and Medi-um-Sized Enterprises (SMEs), characterized by low managerial skills and under-capitalization, which may hinder the required investments in information technol-ogy. In Italy, the digital transition is constrained by the structural limits of its conserva-tive entrepreneurial fabric. However, the recent pandemic crisis has accelerated this digital transition process. More and more companies have invested in R&D to increase the production process's automation level and improve their digital capa-bilities. Literature has been widely investigating the impact of the pandemic crisis on the innovation process of SMEs adopting different perspectives. The study aims to answer the following research questions (RQs). RQ1: Which main foci can be identified in literature facing the impact of COVID-19 on the SMEs? innovation process? RQ2: Which new needs arose during the pandemic fostering digitalization? To answer RQ1, a Structured Literature Review (SLR) is adopted (128 studies identified on the SCOPUS database). To answer RQ2, a qualitative methodology is used based on direct observation of two Italian firms

Suggested Citation

  • Paola Paoloni & Martina Manzo & Veronica Procacci, 2023. "The impact of the pandemic crisis on the digital transition process of Italian SMEs," MANAGEMENT CONTROL, FrancoAngeli Editore, vol. 2023(2 Suppl.), pages 83-107.
  • Handle: RePEc:fan:macoma:v:html10.3280/maco2023-002-s1005
    as

    Download full text from publisher

    File URL: http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=74057&Tipo=ArticoloPDF
    Download Restriction: Single articles can be downloaded buying download credits, for info: https://www.francoangeli.it/DownloadCredit
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Dal Mas, Francesca & Massaro, Maurizio & Rippa, Pierluigi & Secundo, Giustina, 2023. "The challenges of digital transformation in healthcare: An interdisciplinary literature review, framework, and future research agenda," Technovation, Elsevier, vol. 123(C).
    2. Manaf Al-Okaily & Abeer F. Alkhwaldi & Amir A. Abdulmuhsin & Hamza Alqudah & Aws Al-Okaily, 2022. "Cloud-based accounting information systems usage and its impact on Jordanian SMEs’ performance: the post-COVID-19 perspective," Journal of Financial Reporting and Accounting, Emerald Group Publishing Limited, vol. 21(1), pages 126-155, August.
    3. Yongxin Liao & Fernando Deschamps & Eduardo de Freitas Rocha Loures & Luiz Felipe Pierin Ramos, 2017. "Past, present and future of Industry 4.0 - a systematic literature review and research agenda proposal," International Journal of Production Research, Taylor & Francis Journals, vol. 55(12), pages 3609-3629, June.
    4. Paola Paoloni & Paola Demartini, 2016. "Women in management: perspectives on a decade of research (2005–2015)," Palgrave Communications, Palgrave Macmillan, vol. 2(1), pages 1-7, December.
    5. Florian Gerth & Vikash Ramiah & Elissar Toufaily & Glenn Muschert, 2021. "Assessing the effectiveness of Covid-19 financial product innovations in supporting financially distressed firms and households in the UAE," Journal of Financial Services Marketing, Palgrave Macmillan, vol. 26(4), pages 215-225, December.
    6. Sara Giovanna Mauro & Lino Cinquini & Giuseppe Grossi, 2017. "Insights into performance-based budgeting in the public sector: a literature review and a research agenda," Public Management Review, Taylor & Francis Journals, vol. 19(7), pages 911-931, August.
    7. Laato, Samuli & Islam, A.K.M. Najmul & Farooq, Ali & Dhir, Amandeep, 2020. "Unusual purchasing behavior during the early stages of the COVID-19 pandemic: The stimulus-organism-response approach," Journal of Retailing and Consumer Services, Elsevier, vol. 57(C).
    8. Choudhary, Piyush & Kumar Jain, Nikunj & Panda, Abinash, 2022. "Making small and medium enterprises circular economy compliant by reducing the single use plastic consumption," Journal of Business Research, Elsevier, vol. 149(C), pages 448-462.
    9. Andrea Cappelli & Iacopo Cavallini, 2021. "The Potential of Big Data Analysis in the Shipbuilding Industry: A Way of Increasing Competitiveness," MANAGEMENT CONTROL, FrancoAngeli Editore, vol. 2021(suppl. 1), pages 53-74.
    10. Marco Montemari & Christian Nielsen, 2021. "Big data for business modeling: Towards the next generation of performance measurement systems?," MANAGEMENT CONTROL, FrancoAngeli Editore, vol. 2021(suppl. 1), pages 5-10.
    11. Laura Broccardo & Elisa Giacosa & Francesca Culasso & Alberto Ferraris, 2017. "Management control in Italian SMEs," Global Business and Economics Review, Inderscience Enterprises Ltd, vol. 19(5), pages 632-647.
    12. Simona Alfiero & Laura Broccardo & Massimo Cane & Alfredo Esposito, 2018. "High Performance Through Innovation Process Management in SMEs. Evidence from the Italian wine sector," MANAGEMENT CONTROL, FrancoAngeli Editore, vol. 2018(3), pages 87-110.
    13. Roberto Moro Visconti, 2020. "Corporate governance, digital platforms, and network theory: information and risk-return sharing of connected stakeholders," MANAGEMENT CONTROL, FrancoAngeli Editore, vol. 2020(2), pages 179-204.
    14. Yan Dong & Chao Men, 2014. "SME Financing in Emerging Markets: Firm Characteristics, Banking Structure and Institutions," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 50(1), pages 120-149, January.
    15. Aramburu, Nekane & Sáenz, Josune, 2011. "Structural capital, innovation capability, and size effect: An empirical study," Journal of Management & Organization, Cambridge University Press, vol. 17(3), pages 307-325, May.
    16. Francesca Culasso & Elisa Giacosa & Daniele Giordino & Edoardo Crocco, 2022. "Digital transformation: Is Covid-19 a catalyst for micro and small enterprises first steps toward innovation?," MANAGEMENT CONTROL, FrancoAngeli Editore, vol. 2022(2 Suppl.), pages 71-94.
    17. Amankwah-Amoah, Joseph & Khan, Zaheer & Wood, Geoffrey, 2021. "COVID-19 and business failures: The paradoxes of experience, scale, and scope for theory and practice," European Management Journal, Elsevier, vol. 39(2), pages 179-184.
    18. Ambika Zutshi & John Mendy & Gagan Deep Sharma & Asha Thomas & Tapan Sarker, 2021. "From Challenges to Creativity: Enhancing SMEs’ Resilience in the Context of COVID-19," Sustainability, MDPI, vol. 13(12), pages 1-16, June.
    19. Sebastiano Cupertino & Gianluca Vitale & Angelo Riccaboni, 2018. "L?impatto dei Big Data sulle attivit? di pianificazione & controllo aziendali: In caso di studio di una PMI agricola Italiana," MANAGEMENT CONTROL, FrancoAngeli Editore, vol. 2018(3), pages 59-86.
    20. Matarazzo, Michela & Penco, Lara & Profumo, Giorgia & Quaglia, Roberto, 2021. "Digital transformation and customer value creation in Made in Italy SMEs: A dynamic capabilities perspective," Journal of Business Research, Elsevier, vol. 123(C), pages 642-656.
    21. Silvia Fissi & Francesco Grazzini, 2021. "L?utilizzo dei Social Media durante la pandemia da COVID-19: un nuovo strumento per la gestione del rischio sanitario?," MANAGEMENT CONTROL, FrancoAngeli Editore, vol. 2021(suppl. 2), pages 265-288.
    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. Fabio Nappo & Alessandra Lardo & Maria Teresa Bianchi & Federico Schimperna, 2023. "The impact of digitalisation on professional football clubs," MANAGEMENT CONTROL, FrancoAngeli Editore, vol. 2023(2), pages 117-136.
    2. Francesca Culasso & Elisa Giacosa & Daniele Giordino & Edoardo Crocco, 2022. "Digital transformation: Is Covid-19 a catalyst for micro and small enterprises first steps toward innovation?," MANAGEMENT CONTROL, FrancoAngeli Editore, vol. 2022(2 Suppl.), pages 71-94.
    3. Michele Galeotti & Rosa Lombardi & Paola Paoloni & Fabiana Roberto, 2022. "Big data and sustainability reports: The current approach to non-accounting data management," MANAGEMENT CONTROL, FrancoAngeli Editore, vol. 2022(2 Suppl.), pages 95-116.
    4. Ali Zackery & Joseph Amankwah-Amoah & Zahra Heidari Darani & Shiva Ghasemi, 2022. "COVID-19 Research in Business and Management: A Review and Future Research Agenda," Sustainability, MDPI, vol. 14(16), pages 1-32, August.
    5. Khorshed Alam & Mohammad Afshar Ali & Michael O. Erdiaw-Kwasie & Peter A. Murray & Retha Wiesner, 2022. "Digital Transformation among SMEs: Does Gender Matter?," Sustainability, MDPI, vol. 14(1), pages 1-20, January.
    6. Luca Ianni & Armando Della Porta & Fabrizio Barbarossa, 2022. "L?interfaccia Accounting-Marketing. Il ruolo del controller e dei sistemi informativi nella Customer Profitability Analysis," MANAGEMENT CONTROL, FrancoAngeli Editore, vol. 2022(2), pages 165-190.
    7. Francesco Badia & Fabio Donato, 2022. "Opportunities and risks in using big data to support management control systems: A multiple case study," MANAGEMENT CONTROL, FrancoAngeli Editore, vol. 2022(3), pages 39-63.
    8. Antonella Paolini, 2022. "Integrated data management: New perspectives for management control," MANAGEMENT CONTROL, FrancoAngeli Editore, vol. 2022(2 Suppl.), pages 5-14.
    9. Malodia, Suresh & Mishra, Mahima & Fait, Monica & Papa, Armando & Dezi, Luca, 2023. "To digit or to head? Designing digital transformation journey of SMEs among digital self-efficacy and professional leadership," Journal of Business Research, Elsevier, vol. 157(C).
    10. Fang, Mingyue & Nie, Huihua & Shen, Xinyi, 2023. "Can enterprise digitization improve ESG performance?," Economic Modelling, Elsevier, vol. 118(C).
    11. Karolina Perèiæ & Milica Slijepèeviæ & Pedja Ašanin Gole, 2023. "Factors influencing the purchase of fashion products before and during the COVID-19 pandemic: the example of Serbia," Zbornik radova Ekonomskog fakulteta u Rijeci/Proceedings of Rijeka Faculty of Economics, University of Rijeka, Faculty of Economics and Business, vol. 41(1), pages 65-89.
    12. Long Xue & Qianyu Zhang & Xuemang Zhang & Chengyu Li, 2022. "Can Digital Transformation Promote Green Technology Innovation?," Sustainability, MDPI, vol. 14(12), pages 1-20, June.
    13. Sony, Michael & Naik, Subhash, 2020. "Industry 4.0 integration with socio-technical systems theory: A systematic review and proposed theoretical model," Technology in Society, Elsevier, vol. 61(C).
    14. Joanna Wyrwa, 2020. "A review of the European Union financial instruments supporting the innovative activity of enterprises in the context of Industry 4.0 in the years 2021-2027," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 8(1), pages 1146-1161, September.
    15. Farooq, Ali & Laato, Samuli & Islam, A.K.M. Najmul & Isoaho, Jouni, 2021. "Understanding the impact of information sources on COVID-19 related preventive measures in Finland," Technology in Society, Elsevier, vol. 65(C).
    16. Broccardo, Laura & Vola, Paola & Zicari, Adrian & Alshibani, Safiya Mukhtar, 2023. "Contingency-based analysis of the drivers and obstacles to a successful sustainable business model: Seeking the uncaptured value," Technological Forecasting and Social Change, Elsevier, vol. 191(C).
    17. Domenica Lavorato & Palmira Piedepalumbo, 2023. "How Smart Technologies Affect the Decision-Making and Control System of Food and Beverage Companies—A Case Study," Sustainability, MDPI, vol. 15(5), pages 1-21, February.
    18. Zahoor, Nadia & Zopiatis, Anastasios & Adomako, Samuel & Lamprinakos, Grigorios, 2023. "The micro-foundations of digitally transforming SMEs: How digital literacy and technology interact with managerial attributes," Journal of Business Research, Elsevier, vol. 159(C).
    19. Rekettye, Gábor & Rekettye, Gábor, 2019. "The Effects of Digitalization on Customer Experience," Proceedings of the ENTRENOVA - ENTerprise REsearch InNOVAtion Conference (2019), Rovinj, Croatia, in: Proceedings of the ENTRENOVA - ENTerprise REsearch InNOVAtion Conference, Rovinj, Croatia, 12-14 September 2019, pages 414-420, IRENET - Society for Advancing Innovation and Research in Economy, Zagreb.
    20. Hossein Rahnama & Kerstin Johansen & Lisa Larsson & Anna Öhrwall Rönnbäck, 2022. "Collaboration in Value Constellations for Sustainable Production: The Perspective of Small Technology Solution Providers," Sustainability, MDPI, vol. 14(8), pages 1-20, April.

    More about this item

    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:fan:macoma:v:html10.3280/maco2023-002-s1005. 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: Stefania Rosato (email available below). General contact details of provider: http://www.francoangeli.it/riviste/sommario.aspx?IDRivista=166 .

    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.