Exploring the impact of digital transformation on technology entrepreneurship and technological market expansion: The role of technology readiness, exploration and exploitation

Vahid Jafari-Sadeghi, Alexeis Garcia-Perez, Elena Candelo, Jerome Couturier

Research output: Contribution to journalArticlepeer-review

Abstract

The objective of this research is to addresses the effects of digital transformation on value creation through the study of technology entrepreneurship and technological market expansion. This is particularly important since both of these concepts are part of the dynamic capabilities that help in embracing digital innovation at a national level. Relevant data from 28 European countries representing development indicators and ease of doing business over a timeframe of 7 years from 2009 to 2015 were analysed to formulate and investigate a new perspective of digital entrepreneurship driven by the concepts of digital transformation and entrepreneurship. To do this, digital transformation has been broken into three categories, namely technology readiness (e.g. ICT investments), digital technology exploration (e.g. research and development) and digital technology exploitation (e.g. patents and trademarks). This research identifies several significant relationships between such constructs, which contribute to the literature and provide key implications for business management and practitioners.

Original languageEnglish
Pages (from-to)100-111
Number of pages12
JournalJournal of Business Research
Volume124
Early online date5 Dec 2020
DOIs
Publication statusPublished - 1 Jan 2021

Keywords

  • Digital transformation
  • Market expansion
  • Technology entrepreneurship
  • Technology exploitation
  • Technology exploration
  • Technology readiness

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