Exploring the scope and depth of digitalisation in times of crisis: Implications for SME resilience

This article investigates the role of digitalisation in bolstering small- and medium-sized enterprises (SMEs) during crises. Drawing on data from 245 North American SMEs, we examine the impact of digital technology adoption on firm resilience. The findings reveal nuanced relationships: both the depth (Digital Depth) and scope (Digital Scope) of digitalisation exhibit curvilinear associations with resilience (Profit Outlook), suggesting optimal levels for maximum benefits. Moreover, digital depth moderates the relationship between digital scope and resilience, highlighting their interactive role in enhancing adaptive capacities. This research employs a quantitative approach to explore how SMEs can leverage digital tools for resilience. Notably, it highlights the importance of strategic digital investments tailored to industry dynamics for resilience enhancement illustrating the study underscores the practical significance of digital integration for SMEs, indicating its potential to not only restore pre-crisis performance but also foster sustainable growth in the aftermath of disruption.

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Publication Details

Journal
International Small Business Journal Researching Entrepreneurship
Published
2024-11-15
DOI
https://doi.org/10.1177/02662426241293000
Citations
12
Primary Topic
Digital Transformation in Industry
Type
article
Field-Weighted Citation Impact
4.19
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article

Exploring the scope and depth of digitalisation in times of crisis: Implications for SME resilience

Kanhaiya Kumar Sinha, Simon O. Raby, Toktam Salari
12 citations
International Small Business Journal Researching Entrepreneurship
Digital Transformation in Industry
4.19
article

Exploring the scope and depth of digitalisation in times of crisis: Implications for SME resilience

Kanhaiya Kumar Sinha, Simon O. Raby, Toktam Salari
article en
12 citations

Abstract

This article investigates the role of digitalisation in bolstering small- and medium-sized enterprises (SMEs) during crises. Drawing on data from 245 North American SMEs, we examine the impact of digital technology adoption on firm resilience. The findings reveal nuanced relationships: both the depth (Digital Depth) and scope (Digital Scope) of digitalisation exhibit curvilinear associations with resilience (Profit Outlook), suggesting optimal levels for maximum benefits. Moreover, digital depth moderates the relationship between digital scope and resilience, highlighting their interactive role in enhancing adaptive capacities. This research employs a quantitative approach to explore how SMEs can leverage digital tools for resilience. Notably, it highlights the importance of strategic digital investments tailored to industry dynamics for resilience enhancement illustrating the study underscores the practical significance of digital integration for SMEs, indicating its potential to not only restore pre-crisis performance but also foster sustainable growth in the aftermath of disruption.

International Small Business Journal Researching EntrepreneurshipVol. 43(3)
University of Minnesota, Duluth (US), Mount Royal University (CA)
Industry, innovation and infrastructure
Openalex Percentile: Top 6%
Digital Transformation in Industry
4.19
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Exploring the scope and depth of digitalisation in times of crisis: Implications for SME resilience — Kanhaiya Kumar Sinha, Simon O. Raby, et al. · International Small Business Journal Researching Entrepreneurship (2024) | TGRS Research Map | TGRS