Event Title

Economic Dynamics and Enterprise Digitalization Trends

Session

Management, Business and Economics

Description

This paper’s goal is to examine and debate business digitalization trends and their impact on economic dynamics. This goal has been achieved through objectives such as researching the literature in the field of business digitalization and performance, respectively, in changes in the effectiveness and efficiency of businesses affected by the digitalization of processes and systems. The research work formulates and tests hypotheses related to the impact of digitalization of businesses on their business process productivity. Some case studies show relatively estimated trends of business digitalization and the impact of this process on business process productivity. It is noteworthy that trends differ when comparing developed countries with developing ones and the latter with underdeveloped ones. These trends may be considered as opportunities and as challenges for innovative business approaches, different work settings and possibly innovative industrial revolution enabled by new technologies. Research is limited to trends in some businesses located in some developed countries and in some developing countries, and suggests the future research to discuss the differences among development levels of countries in this research context.

Keywords:

Business digitalization, economic dynamics, effectivity, efficiency, productivity.

Proceedings Editor

Edmond Hajrizi

ISBN

978-9951-550-47-5

Location

UBT Kampus, Lipjan

Start Date

30-10-2021 12:00 AM

End Date

30-10-2021 12:00 AM

DOI

10.33107/ubt-ic.2021.499

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Oct 30th, 12:00 AM Oct 30th, 12:00 AM

Economic Dynamics and Enterprise Digitalization Trends

UBT Kampus, Lipjan

This paper’s goal is to examine and debate business digitalization trends and their impact on economic dynamics. This goal has been achieved through objectives such as researching the literature in the field of business digitalization and performance, respectively, in changes in the effectiveness and efficiency of businesses affected by the digitalization of processes and systems. The research work formulates and tests hypotheses related to the impact of digitalization of businesses on their business process productivity. Some case studies show relatively estimated trends of business digitalization and the impact of this process on business process productivity. It is noteworthy that trends differ when comparing developed countries with developing ones and the latter with underdeveloped ones. These trends may be considered as opportunities and as challenges for innovative business approaches, different work settings and possibly innovative industrial revolution enabled by new technologies. Research is limited to trends in some businesses located in some developed countries and in some developing countries, and suggests the future research to discuss the differences among development levels of countries in this research context.