Exploring the Path of Enterprise Digital Transformation in the Context of Digital Economy

Authors

  • Yitong Hu

DOI:

https://doi.org/10.54097/wzw4z797

Keywords:

Digital economy, enterprise digital transformation, path analysis.

Abstract

Accelerating businesses' digital transformation has emerged as the key to attaining superior economic development in the setting of the rapidly expanding digital economy. Digital transformation of enterprises is not just a simple digitization of business processes and information carriers but focuses on in-depth integration of diverse digital technologies, to facilitate the essential change of the organization from an internal operational framework to an outward interaction paradigm. This article aims to examine the implications of enterprise digital transformation and its importance, while also providing a detailed analysis of the obstacles currently faced in the digital transformation process. These challenges include small and medium-sized enterprises having difficulty taking a step forward in transformation due to limited resources, the uneven progress of transformation due to regional economic development, and the general lack of supply of key transformation factors such as capital, technology, and professional talents. Based on this, this paper further explores and proposes possible realization paths for digital transformation. Together with offering a reference framework for businesses' sustainable digital development, these pathways seek to offer useful strategic advice for digital transformation of enterprise.

Downloads

Download data is not yet available.

References

[1] Xi Jinping. (People’s Publishing House, Beijing), 2022, Hold high the great banner of socialism with Chinese characteristics and work together for the comprehensive construction of a modern socialist country—report to the 20th national congress of the communist party of China (October 16, 2022). 30.

[2] Qi Ruishuang, Ma Jie. Research on factors affecting enterprise digital transformation. Shopping Mall Modernization, 2024, (20): 126-128.

[3] Yu Wei. Comprehensive model of enterprise digital transformation and construction of competitive advantage. Research on Technological Economy and Management, 2022, (02): 63-68.

[4] Wang Yan, Feng Bing, Yu Shuoyue. Literature review on enterprise digital transformation: influencing factors and economic consequences. Finance and Accounting Communications, 2024, (20): 13-19.

[5] Tan Yafei, Zhu Zhaohui, Li Minxin. Digital transformation enables high-quality development of manufacturing enterprises - based on the composite perspective of economic performance and ESG performance. Journal of Jiangxi University of Finance and Economics, 2024, (04): 45-58.

[6] Shi Yupeng, Wang Yang. Digital transformation of small and medium-sized enterprises: focus, difficulties and approaches. Journal of Xinjiang Normal University (Philosophy and Social Sciences Edition), 2024, 45 (01): 86-95.

[7] Ru Xuwei, Zhang Xiaoyue, Zhang Lei, et al. Digital transformation policy system, opportunities, challenges and path selection of small and medium-sized enterprises with "specialization, precision and innovation" - a study based on Shandong Province . Science and Technology Management Research, 2023, 43 (23): 113-120.

[8] Wang Teng, Zhou Haiwei, Yu Feifei. The impact of geographical location on the digital transformation of listed companies: based on the moderating effect of the combination of CEO and chairman. Economic Geography, 2024, 44 (05): 33-42.

[9] Han Zhaoan, Zhao Jingfeng, Wu Haizhen. Research on the measurement, imbalance and regional differences of the scale of China's inter-provincial digital economy. Research on Quantitative and Technical Economics, 2021, 38 (08): 164-181.

[10] Shi Yupeng, Wang Yang, Zhang Wentao. Digital transformation of Chinese enterprises: current situation, problems and prospects. Economist, 2021, (12): 90-97.

[11] Dong Muxin, Xu Yude. Data security and governance path in the digital transformation of state-owned enterprises - based on the perspective of information ecology. Finance and Accounting Monthly, 2022 (13): 132-136.

[12] Wu Peng. Analysis of the implementation path of digital transformation of enterprises in the digital economy era. Modern Business, 2024, (16): 70-73.

[13] Yang Renfa. Main problems and countermeasures faced in promoting the new development of digital economy . National Governance, 2021, (18): 17-20.

[14] Li Yaodong. Research on management issues of digital transformation of enterprises in the digital economy era. Business Economy, 2024, (7): 36-39.

Downloads

Published

13-03-2025

How to Cite

Hu, Y. (2025). Exploring the Path of Enterprise Digital Transformation in the Context of Digital Economy. Highlights in Business, Economics and Management, 50, 95-100. https://doi.org/10.54097/wzw4z797