Abstract
Small and medium‐sized firms (SMEs) encounter substantial obstacles in today’s rapidly changing economic landscape, primarily due to their restricted resources and management capacities. This study utilises the resource‐based view theory to investigate how government policies might assist SMEs in utilising their information technology (IT) infrastructure for digital transformation and enhancing firm performance. In the face of emerging technology and increased competition worldwide, SMEs must give utmost importance to innovation and the ability to adapt to achieve long-term success. The study, utilising data from 658 SME participants in Vietnam, highlights the significant impact of government policies on shaping IT infrastructure and emphasises the significance of innovation in bolstering dynamic capacities and overall business success. These findings provide valuable insights for managers and policymakers, indicating prospective areas for future research that have consequences for SMEs.
| Original language | English |
|---|---|
| Pages (from-to) | 17-36 |
| Number of pages | 20 |
| Journal | Dynamic Relationships Management Journal |
| Volume | 13 |
| Issue number | 2 |
| DOIs | |
| State | Published - Nov 2024 |
| Externally published | Yes |
Bibliographical note
Publisher Copyright:© 2024 Slovenian Academy of Management. All rights reserved.
Keywords
- Business Model Innovation
- Digital Transformation
- Dynamic Capability
- Firm Performance
- Government Policy
- SMEs
ASJC Scopus subject areas
- Social Psychology
- Economics, Econometrics and Finance (miscellaneous)
- Strategy and Management
- Organizational Behavior and Human Resource Management