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The Role Of Digital Maturity In The Knowledge Based Economy

Author

Listed:
  • Nelson DUARTE

    (CIICESI, ESTG, Politécnico do Porto, Portugal; IRIEM, Hong-Kong)

  • Carla PEREIRA

    (CIICESI, ESTG, Politécnico do Porto, Portugal, INESCTEC, Portugal)

  • Ricardo SANTOS

    (CIICESI, ESTG, Politécnico do Porto, Portugal)

  • António AMARAL

    (Departamento de Engenharia Mecânica, Instituto Superior de Engenharia do Porto, Politécnico do Porto; CIICESI, Politécnico do Porto, Portugal)

  • Davide CARNEIRO

    (CIICESI, ESTG, Politécnico do Porto, Portugal)

Abstract

Digital Transformation is a trend that goes beyond it and it is mandatory for organizations’ competitiveness. Digital Transformation is supported by information technologies, but aims to improve and optimize business processes in order to promote business success. In the present paper we start by fitting the concepts of digital transformation and knowledge-based economies (KBE), since both are supported by decision making processes based on data, information, and knowledge. Digital transformation processes might be seen as the micro level, while KBE the macro level. In order to foster KBE, organizations must work on their digital transformation and that can be a challenge in particular to SME. The present paper identifies the most relevant dimensions that must be considered to develop and apply a model to assess digital maturity. Along with these dimensions were also identified the main constraints faced by SME in the digital transformation process.

Suggested Citation

  • Nelson DUARTE & Carla PEREIRA & Ricardo SANTOS & António AMARAL & Davide CARNEIRO, 2020. "The Role Of Digital Maturity In The Knowledge Based Economy," Scientific Bulletin - Economic Sciences, University of Pitesti, vol. 19(3), pages 79-88.
    • Handle: RePEc:pts:journl:y:2020:i:3:p:79-88
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    References listed on IDEAS

    as
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    SME; Digital Transformation; Digital Maturity; Knowledge-Based Economies.;
    All these keywords.

    JEL classification:

    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General

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